£230,933
This estimated value is based upon the latest sale price for the house of £188,750 on 28 Feb 2020. This value is then adjusted by the current Official House Price Index for THE VALE OF GLAMORGAN 1
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| Price Paid | Date |
|---|---|
| £188,750 | 28 Feb 2020 |
| £183,500 | 26 Aug 2016 |
| £155,000 | 30 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 sq feet |
This model uses changes in the Official Land Registry House Price Index for THE VALE OF GLAMORGAN to estimate the market value.
When this house was purchased in February 2020 the House Price Index for THE VALE OF GLAMORGAN was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £188,750 results in an estimated price of approximately £230,933.
| 28 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.349 % | £188,750 | £42,183 | £230,933 |
The Postcode Pricing Model uses changes in average sales price within the CF64 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 | 41.646 % | £78,607 | £267,357 |
| 3 Month Average | 13.436 % | £25,361 | £214,111 |
| 6 Month Average | 17.227 % | £32,516 | £221,266 |