£157,578
This estimated value is based upon the latest sale price for the house of £156,000 on 1 Jul 2022. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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| Price Paid | Date |
|---|---|
| £156,000 | 1 Jul 2022 |
| Flats/Maisonettes |
| Leasehold |
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 July 2022 the House Price Index for CARDIFF was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £156,000 results in an estimated price of approximately £157,578.
| 1 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £156,000 | £1,578 | £157,578 |
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 | 6.470 % | £10,093 | £166,093 |
| 3 Month Average | -0.234 % | £-365 | £155,634 |
| 6 Month Average | 6.593 % | £10,284 | £166,284 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2024 | £475,000 | £475,000 | 75 MELROSE AVENUE |
| 5 Apr 2024 | £363,154 | £360,000 | 117 WESTVILLE ROAD |
| 30 Oct 2023 | £378,599 | £370,000 | 30 WESTVILLE ROAD |
| 11 Sep 2023 | £164,118 | £160,500 | FLAT 6 COLCHESTER COURT MELROSE AVENUE |
| 30 Aug 2023 | £164,976 | £162,000 | FLAT 2 COLCHESTER COURT MELROSE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Colchester Court |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Colchester Court |
| Aug 2024 | Anti-social behaviour | On or near Colchester Court | |
| Aug 2024 | Anti-social behaviour | On or near Colchester Court | |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colchester Court |