5, HERBERT MARCH CLOSE, CARDIFF, CF5 2TD - £295,000

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.

5 HERBERT MARCH CLOSE is a detached house, which could now be worth an estimated £302,570. It was last sold for £295,000 in February 2023, which was around 42% below the average February 2023 detached price in the Cardiff local authority area.

5 HERBERT MARCH CLOSE Sold Prices

Land registry data shows four sales for 5 HERBERT MARCH CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Cardiff local authority area for the corresponding sale date. All of the four 5 HERBERT MARCH CLOSE 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
2023 22 FEB	£295,000	£506,126	42% below HPI
2000 26 JUN	£89,950	£134,477	33% below HPI
1998 11 NOV	£12,000	£116,887	90% below HPI
1995 24 NOV	£66,000	£94,848	30% below HPI

What might 5 HERBERT MARCH CLOSE be worth now?

5 HERBERT MARCH CLOSE might now be worth an estimated £302,570.

This is based on house price inflation of 2.6%, between February 2023 and July 2026, for detached houses, in the Cardiff local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 2.6% inflationary increase is applied to the most recent sale price for 5 HERBERT MARCH CLOSE of £295,000 on 22nd February 2023. For the value to have increased from £295,000 to £302,570 over the two years and seven months to July 2026, the following assumptions must hold true:

• The value of 5 HERBERT MARCH CLOSE has moved in line with the HPI for detached houses in the Cardiff local authority area.
• The February 2023 sale price of £295,000 represented a fair market value for the property.
• The size, condition, and specification of 5 HERBERT MARCH CLOSE has not materially changed since February 2023.

Where is 5 HERBERT MARCH CLOSE?

5 HERBERT MARCH CLOSE is located in CARDIFF, in the CF5 postcode district.