£394,116
This estimated value is based upon the latest sale price for the house of £310,000 on 24 Oct 2017. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£310,000 | 24 Oct 2017 |
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 October 2017 the House Price Index for MONMOUTHSHIRE was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £310,000 results in an estimated price of approximately £394,116.
24 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 149.7 | 27.134 % | £310,000 | £84,116 | £394,116 |
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 | 4.268 % | £13,231 | £323,231 |
3 Month Average | 33.213 % | £102,961 | £412,961 |
6 Month Average | 30.346 % | £94,071 | £404,071 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Feb 2023 | £291,950 | £290,000 | 64 TERNATA DRIVE |
24 Nov 2022 | £447,906 | £450,000 | 23 TERNATA DRIVE |
12 Nov 2021 | £229,889 | £211,000 | 1 ACER WAY |
15 Oct 2021 | £432,491 | £388,000 | 76 TERNATA DRIVE |
8 Oct 2021 | £390,134 | £350,000 | 2 MID SUMMER WAY |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 8 May 2017. Using an estimated price of £394,116 means this house is valued at £3,127 per sq meter (£290 per sq foot).
The average size of a house on TERNATA DRIVE is 108 sq meters (1,166 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Other theft | Investigation complete; no suspect identified | On or near Ffordd Opulus |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ffordd Opulus |
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 |