£460,196
This estimated value is based upon the latest sale price for the house of £355,000 on 22 May 2017. This value is then adjusted by the current Official House Price Index for CARDIFF 1
There have been two burglaries within the last year on or near Balaclava Road
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| Price Paid | Date |
|---|---|
| £355,000 | 22 May 2017 |
| Terraced |
| Freehold |
| Floor Area: 140 sq meters or 1,506 sq feet |
This model uses changes in the Official Land Registry House Price Index for CARDIFF to estimate the market value.
When this house was purchased in May 2017 the House Price Index for CARDIFF was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £355,000 results in an estimated price of approximately £460,196.
| 22 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £355,000 | £105,196 | £460,196 |
The Postcode Pricing Model uses changes in average sales price within the CF23 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 20.703 % | £73,496 | £428,496 |
| 3 Month Average | 34.640 % | £122,972 | £477,972 |
| 6 Month Average | 38.283 % | £135,905 | £490,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Aug 2024 | £284,300 | £284,300 | FLAT 1 78 PEN Y LAN ROAD |
| 25 Jun 2024 | £360,000 | £360,000 | 19 MARLBOROUGH ROAD |
| 4 Jul 2022 | £131,316 | £130,000 | FLAT 5 SANDRINGHAM HOUSE, 80 PEN Y LAN ROAD |
| 4 Mar 2022 | £506,308 | £485,000 | 5 MARLBOROUGH ROAD |
| 4 Mar 2022 | £501,088 | £480,000 | 3 MARLBOROUGH ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 11 Aug 2016. Using an estimated price of £460,197 means this house is valued at £3,287 per sq meter (£305 per sq foot).
The average size of a house on BALACLAVA ROAD is 183 sq meters (1,972 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Robbery | Under investigation | On or near Balaclava Road |
| Oct 2024 | Public order | Investigation complete; no suspect identified | On or near Balaclava Road |
| Oct 2024 | Burglary | Under investigation | On or near Balaclava Road |
| Oct 2024 | Anti-social behaviour | On or near Balaclava Road | |
| Oct 2024 | Burglary | Under investigation | On or near Balaclava Road |