£849,307
This estimated value is based upon the latest sale price for the house of £740,000 on 4 Dec 2020. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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Price Paid | Date |
---|---|
£740,000 | 4 Dec 2020 |
Detached |
Freehold |
Floor Area: 151 sq meters or 1,625 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 2020 the House Price Index for CARDIFF was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £740,000 results in an estimated price of approximately £849,307.
4 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £740,000 | £109,307 | £849,307 |
The Postcode Pricing Model uses changes in average sales price within the CF23 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 | 16.978 % | £125,640 | £865,640 |
3 Month Average | 0.156 % | £1,151 | £741,151 |
6 Month Average | 11.554 % | £85,498 | £825,498 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Jul 2023 | £785,573 | £775,000 | 89 LAKE ROAD WEST |
17 Jun 2022 | £510,210 | £503,000 | 37 WINDERMERE AVENUE |
20 Apr 2022 | £525,198 | £510,000 | 67 WINDERMERE AVENUE |
17 Mar 2022 | £958,543 | £925,000 | 125 LAKE ROAD WEST |
7 Jan 2022 | £568,300 | £540,000 | 20 WINDERMERE AVENUE |
This house has a floor area of 151 sq meters or 1,625 sq feet when measured on 19 Jun 2019. Using an estimated price of £849,308 means this house is valued at £5,624 per sq meter (£522 per sq foot).
The average size of a house on LAKE ROAD WEST is 187 sq meters (2,013 sq feet).