Full Address

30 MERTHYR ROAD
TONGWYNLAIS
CARDIFF
CARDIFF
UNITED KINGDOM
CF15 7LH

Estimated Market Value

£135,244

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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Map

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Transactions for this house
Price PaidDate
£125,00016 Sep 2016
£123,00031 Jan 2014
£143,00015 Sep 2006
£97,00025 May 2005
House Details
Terraced
Freehold

House Price Models

Land Registry House Price Index Model

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 Jun 2019 is 117.3 which is a change of 8.195%.

Applying this 8.195% change to the original purchase price of £125,000 gives us an estimated price now of around £135,243.

16 Sep 2016 1 Jun 2019 % change Purchase Price Gain / Loss Estimated Price
108.4 117.3 8.195 % £125,000 £10,243 £135,243

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 16.823 % £21,029 £146,029
3 Month Average 12.758 % £15,946 £140,946
6 Month Average 23.437 % £29,296 £154,296

In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.

In September 2016 the average sale price for the 50 nearest sales within four miles of 30 MERTHYR ROAD was £190,100.

In October 2019 the average sale price for the 50 nearest sales was £217,657. This is a change of 14.497%.

So taking the original purchase price of £125,000 and adjusting it by 14.497% gives an estimated price of £143,120.

View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.

Average price on 16 Sep 2016 Average price on 31 Oct 2019 % change Purchase Price Gain / Loss Estimated Price
£190,100 £217,657 14.497 % £125,000 £18,120 £143,120
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
18 Jan 2019 £282,332 £285,000 MORGAN HOUSE QUEEN STREET
10 Dec 2018 £206,717 £208,000 2 MARKET STREET
12 Oct 2018 £158,300 £160,000 49 MERTHYR ROAD
2 Jul 2018 £225,321 £225,000 5 CHAPEL MEWS
29 Mar 2018 £103,353 £101,500 32 MERTHYR ROAD

Show these sales on a map

1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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