£389,531
This estimated value is based upon the latest sale price for the house of £310,000 on 22 May 2018. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£310,000 | 22 May 2018 |
Detached |
Freehold |
Floor Area: 126 sq meters or 1,356 sq feet |
This model uses changes in the Official Land Registry House Price Index for MONMOUTHSHIRE to estimate the market value.
When this house was purchased in May 2018 the House Price Index for MONMOUTHSHIRE was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £310,000 results in an estimated price of approximately £389,531.
22 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.1 | 149.7 | 25.655 % | £310,000 | £79,531 | £389,531 |
The Postcode Pricing Model uses changes in average sales price within the NP25 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 | 0.703 % | £2,180 | £312,180 |
3 Month Average | 1.565 % | £4,852 | £314,852 |
6 Month Average | 14.565 % | £45,152 | £355,152 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £555,010 | £545,000 | 45 ACER WAY |
24 Mar 2023 | £228,821 | £225,000 | 117 TERNATA DRIVE |
28 Feb 2023 | £291,950 | £290,000 | 64 TERNATA DRIVE |
25 Feb 2022 | £227,138 | £215,000 | 111 TERNATA DRIVE |
11 Jan 2022 | £410,827 | £387,500 | 27 ACER WAY |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 25 Apr 2018. Using an estimated price of £389,531 means this house is valued at £3,091 per sq meter (£287 per sq foot).
The average size of a house on ACER WAY is 132 sq meters (1,430 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Rhodfa Ternata |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rhodfa Ternata |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rhodfa Ternata |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Rhodfa Ternata |
Jul 2024 | Other theft | Unable to prosecute suspect | On or near Ffordd Acer |