£232,675
This estimated value is based upon the latest sale price for the house of £135,000 on 25 Nov 2011. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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Price Paid | Date |
---|---|
£135,000 | 25 Nov 2011 |
£124,000 | 26 Sep 2003 |
£35,000 | 19 May 1995 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 2011 the House Price Index for CARDIFF was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £135,000 results in an estimated price of approximately £232,675.
25 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 148.6 | 72.352 % | £135,000 | £97,675 | £232,675 |
The Postcode Pricing Model uses changes in average sales price within the CF14 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 | 54.483 % | £73,552 | £208,552 |
3 Month Average | 53.756 % | £72,571 | £207,571 |
6 Month Average | 63.222 % | £85,349 | £220,349 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £278,940 | £276,500 | 91 TY-MAWR ROAD |
14 Aug 2023 | £312,736 | £310,000 | 69 TY-MAWR ROAD |
23 Jun 2023 | £192,330 | £190,000 | 24 WEST ROAD |
24 Apr 2023 | £222,395 | £220,000 | 14 WEST ROAD |
1 Feb 2023 | £327,779 | £328,000 | 23 RADYR ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 24 Jul 2013. Using an estimated price of £232,676 means this house is valued at £3,323 per sq meter (£308 per sq foot).
The average size of a house on WEST ROAD is 78 sq meters (849 sq feet).