£251,723
This estimated value is based upon the latest sale price for the house of £227,500 on 29 Oct 2021. This value is then adjusted by the current Official House Price Index for THE VALE OF GLAMORGAN 1
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Price Paid | Date |
---|---|
£227,500 | 29 Oct 2021 |
£185,000 | 26 Feb 2016 |
£175,000 | 22 Aug 2014 |
£135,000 | 12 Sep 2005 |
Flats/Maisonettes |
Leasehold |
Floor Area: 49 sq meters or 527 sq feet |
This model uses changes in the Official Land Registry House Price Index for THE VALE OF GLAMORGAN to estimate the market value.
When this house was purchased in October 2021 the House Price Index for THE VALE OF GLAMORGAN was 134.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 10.648%.Applying this 10.648% change to the original purchase price of £227,500 results in an estimated price of approximately £251,723.
29 Oct 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
134.3 | 148.6 | 10.648 % | £227,500 | £24,223 | £251,723 |
The Postcode Pricing Model uses changes in average sales price within the CF64 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 | 3.482 % | £7,921 | £235,421 |
3 Month Average | -1.774 % | £-4,034 | £223,465 |
6 Month Average | 3.225 % | £7,335 | £234,835 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Nov 2023 | £273,042 | £269,000 | 16 SEA BANK |
29 Sep 2023 | £336,300 | £332,000 | 9 BALMORAL QUAYS BRIDGEMAN ROAD |
14 Sep 2022 | £317,437 | £320,000 | 55 SEA BANK |
6 May 2022 | £677,771 | £665,000 | 3 BALMORAL QUAYS BRIDGEMAN ROAD |
3 Mar 2022 | £233,159 | £225,000 | 53 SEA BANK |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 3 Jun 2021. Using an estimated price of £251,724 means this house is valued at £5,137 per sq meter (£477 per sq foot).
The average size of a house on THE ESPLANADE is 59 sq meters (643 sq feet).