£484,475
This estimated value is based upon the latest sale price for the house of £365,000 on 29 Nov 2016. This value is then adjusted by the current Official House Price Index for CARDIFF 1
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| Price Paid | Date |
|---|---|
| £365,000 | 29 Nov 2016 |
| £445,000 | 12 Oct 2006 |
| £71,000 | 5 Jan 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 November 2016 the House Price Index for CARDIFF was 112.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 32.733%.Applying this 32.733% change to the original purchase price of £365,000 results in an estimated price of approximately £484,475.
| 29 Nov 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.8 | 149.7 | 32.733 % | £365,000 | £119,475 | £484,475 |
The Postcode Pricing Model uses changes in average sales price within the CF14 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 | 24.117 % | £88,025 | £453,025 |
| 3 Month Average | 37.776 % | £137,882 | £502,882 |
| 6 Month Average | 26.525 % | £96,816 | £461,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £198,325 | £197,000 | 263A ALLENSBANK ROAD |
| 24 Aug 2022 | £173,310 | £172,500 | 259A ALLENSBANK ROAD |
| 15 Aug 2022 | £411,926 | £410,000 | 273 ALLENSBANK ROAD |
| 8 Aug 2022 | £472,208 | £470,000 | 191 KING GEORGE V DRIVE EAST |
| 20 Apr 2022 | £497,963 | £480,000 | 241 ALLENSBANK ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 26 Jul 2016. Using an estimated price of £484,475 means this house is valued at £4,071 per sq meter (£378 per sq foot).
The average size of a house on KING GEORGE V DRIVE EAST is 121 sq meters (1,307 sq feet).