£149,992
This estimated value is based upon the latest sale price for the house of £140,000 on 10 Dec 2021. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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| Price Paid | Date |
|---|---|
| £140,000 | 10 Dec 2021 |
| £108,000 | 6 Nov 2007 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 December 2021 the House Price Index for CARDIFF was 138.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.138%.Applying this 7.138% change to the original purchase price of £140,000 results in an estimated price of approximately £149,992.
| 10 Dec 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.6 | 7.138 % | £140,000 | £9,992 | £149,992 |
The Postcode Pricing Model uses changes in average sales price within the CF24 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 | -17.647 % | £-24,705 | £115,294 |
| 3 Month Average | 11.310 % | £15,833 | £155,833 |
| 6 Month Average | 7.363 % | £10,307 | £150,307 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £127,226 | £125,000 | 9 MERCIA ROAD |
| 3 Nov 2023 | £172,555 | £170,000 | 12 WILLOWS AVENUE |
| 18 Aug 2023 | £163,430 | £162,000 | 5 MEREDITH ROAD |
| 24 Jul 2023 | £167,251 | £165,000 | 23 MADOC ROAD |
| 27 Apr 2023 | £164,774 | £163,000 | 24 MADOC ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 1 Dec 2021. Using an estimated price of £149,993 means this house is valued at £1,630 per sq meter (£151 per sq foot).
The average size of a house on WILLOWS AVENUE is 80 sq meters (862 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Willows Avenue |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Willows Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Meredith Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Meredith Road |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meredith Road |