124, CEDAR WAY, PENARTH, CF64 3PX - £225,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

124 CEDAR WAY is a detached house, which could now be worth an estimated £401,514. It was last sold for £225,000 in March 2007, which was around 23% below the average March 2007 detached price in the Vale of Glamorgan local authority area.

124 CEDAR WAY Sold Prices

Land registry data shows two sales for 124 CEDAR WAY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Vale of Glamorgan local authority area for the corresponding sale date. Both of the two 124 CEDAR WAY sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 27 MAR	£225,000	£291,439	23% below HPI
2004 3 JUN	£167,000	£247,651	33% below HPI

What might 124 CEDAR WAY be worth now?

124 CEDAR WAY might now be worth an estimated £401,514.

This is based on house price inflation of 78.5%, between March 2007 and May 2026, for detached houses, in the Vale of Glamorgan local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 78.5% inflationary increase is applied to the most recent sale price for 124 CEDAR WAY of £225,000 on 27th March 2007. For the value to have increased from £225,000 to £401,514 over the eighteen years and ten months to May 2026, the following assumptions must hold true:

• The value of 124 CEDAR WAY has moved in line with the HPI for detached houses in the Vale of Glamorgan local authority area.
• The March 2007 sale price of £225,000 represented a fair market value for the property.
• The size, condition, and specification of 124 CEDAR WAY has not materially changed since March 2007.

Where is 124 CEDAR WAY?

124 CEDAR WAY is located in PENARTH, in the CF64 postcode district.