£106,333
This estimated value is based upon the latest sale price for the house of £56,000 on 22 Oct 2004. 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 |
|---|---|
| £56,000 | 22 Oct 2004 |
| £42,500 | 5 Jul 2004 |
| Terraced |
| Leasehold |
| Floor Area: 47 sq meters or 510 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 October 2004 the House Price Index for THE VALE OF GLAMORGAN was 78.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 89.881%.Applying this 89.881% change to the original purchase price of £56,000 results in an estimated price of approximately £106,333.
| 22 Oct 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 78.3 | 148.6 | 89.881 % | £56,000 | £50,333 | £106,333 |
The Postcode Pricing Model uses changes in average sales price within the CF63 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 | 106.149 % | £59,443 | £115,443 |
| 3 Month Average | 83.628 % | £46,831 | £102,831 |
| 6 Month Average | 77.432 % | £43,362 | £99,362 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £153,341 | £152,000 | 2 FRYATT STREET |
| 18 Jan 2023 | £147,306 | £148,000 | 92 - 94 HOLTON ROAD |
| 4 Nov 2022 | £175,376 | £177,500 | 132 MERTHYR STREET |
| 8 Aug 2022 | £171,040 | £171,500 | 57 CORONATION STREET |
| 11 Feb 2022 | £78,652 | £75,000 | 116 MERTHYR STREET |
This house has a floor area of 47 sq meters or 510 sq feet when measured on 15 Nov 2011. Using an estimated price of £106,333 means this house is valued at £2,243 per sq meter (£208 per sq foot).