£281,966
This estimated value is based upon the latest sale price for the house of £74,000 on 26 May 2000. 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 |
|---|---|
| £74,000 | 26 May 2000 |
| £67,000 | 16 May 2000 |
| £65,000 | 25 Aug 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 May 2000 the House Price Index for THE VALE OF GLAMORGAN was 39.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 281.036%.Applying this 281.036% change to the original purchase price of £74,000 results in an estimated price of approximately £281,966.
| 26 May 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 39.3 | 149.7 | 281.036 % | £74,000 | £207,966 | £281,966 |
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 | 235.939 % | £174,595 | £248,595 |
| 3 Month Average | 280.464 % | £207,543 | £281,543 |
| 6 Month Average | 284.684 % | £210,665 | £284,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2024 | £212,535 | £212,535 | 35 SEA BANK |
| 2 Nov 2023 | £276,006 | £269,000 | 16 SEA BANK |
| 29 Sep 2023 | £339,484 | £332,000 | 9 BALMORAL QUAYS BRIDGEMAN ROAD |
| 14 Sep 2022 | £319,786 | £320,000 | 55 SEA BANK |
| 14 Sep 2022 | £279,813 | £280,000 | 20 WINDSOR COURT |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 23 Sep 2019. Using an estimated price of £281,967 means this house is valued at £4,622 per sq meter (£429 per sq foot).
The average size of a house on THE ESPLANADE is 59 sq meters (643 sq feet).