This estimated value is based upon the latest sale price for the house of £125,000 on 16 Sep 2016. This value is then adjusted by the current Official House Price Index for CARDIFF1
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|£125,000||16 Sep 2016|
|£123,000||31 Jan 2014|
|£143,000||15 Sep 2006|
|£97,000||25 May 2005|
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 September 2016 the House Price Index for CARDIFF was 108.4.The House Price Index as of 1 Dec 2019 is 121.2 which is a change of 11.856%.
Applying this 11.856% change to the original purchase price of £125,000 gives us an estimated price now of around £139,820.
|16 Sep 2016||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the CF15 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||244.913 %||£306,141||£431,141|
|3 Month Average||15.589 %||£19,486||£144,486|
|6 Month Average||22.432 %||£28,040||£153,040|
|Date||Current Estimated Value||Price Paid||Address|
|6 Dec 2019||£238,500||£238,500||9 WYNDHAM STREET|
|9 Oct 2019||£142,403||£142,500||34 QUEEN STREET|
|6 Sep 2019||£152,544||£152,000||9 RAILWAY TERRACE|
|2 Sep 2019||£226,808||£226,000||2 IVY COTTAGE, 3 TAFF STREET|
|2 Jul 2018||£232,980||£225,000||5 CHAPEL MEWS|