£194,174
This estimated value is based upon the latest sale price for the house of £140,000 on 16 Nov 2015. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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Price Paid | Date |
---|---|
£140,000 | 16 Nov 2015 |
Flats/Maisonettes |
Leasehold |
Floor Area: 48 sq meters or 516 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 November 2015 the House Price Index for CARDIFF was 106.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 38.696%.Applying this 38.696% change to the original purchase price of £140,000 results in an estimated price of approximately £194,174.
16 Nov 2015 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
106.7 | 148.0 | 38.696 % | £140,000 | £54,174 | £194,174 |
The Postcode Pricing Model uses changes in average sales price within the CF10 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 | -10.937 % | £-15,312 | £124,687 |
3 Month Average | 15.730 % | £22,021 | £162,021 |
6 Month Average | 9.617 % | £13,464 | £153,464 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Jul 2023 | £151,432 | £150,000 | FLAT 14 CYMRIC BUILDINGS WEST BUTE STREET |
2 Jun 2023 | £141,144 | £140,000 | FLAT 11 CYMRIC BUILDINGS WEST BUTE STREET |
24 Oct 2022 | £160,613 | £163,000 | FLAT 6 CYMRIC BUILDINGS HERITAGE WEST BUTE STREET |
22 Jul 2022 | £349,528 | £350,000 | 123 BUTE STREET |
24 Jun 2022 | £214,676 | £212,500 | 43 WEST CLOSE |
This house has a floor area of 48 sq meters or 516 sq feet when measured on 28 Sep 2015. Using an estimated price of £194,175 means this house is valued at £4,045 per sq meter (£375 per sq foot).
The average size of a house on BUTE STREET is 41 sq meters (450 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | On or near Cardiff Bay (Station) | |
Jan 2024 | Drugs | On or near Cardiff Bay (Station) | |
Jan 2024 | Drugs | On or near Cardiff Bay (Station) | |
Jan 2024 | Drugs | On or near Cardiff Bay (Station) | |
Apr 2024 | Anti-social behaviour | On or near West Close |