£375,449
This estimated value is based upon the latest sale price for the house of £302,000 on 13 Apr 2018. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £302,000 | 13 Apr 2018 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 April 2018 the House Price Index for MONMOUTHSHIRE was 119.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 24.321%.Applying this 24.321% change to the original purchase price of £302,000 results in an estimated price of approximately £375,449.
| 13 Apr 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.0 | 148.0 | 24.321 % | £302,000 | £73,449 | £375,449 |
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 | 10.138 % | £30,617 | £332,617 |
| 3 Month Average | -7.908 % | £-23,882 | £278,117 |
| 6 Month Average | 27.592 % | £83,328 | £385,328 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Aug 2023 | £548,334 | £545,000 | 45 ACER WAY |
| 7 Jul 2023 | £390,696 | £387,000 | 31 ACER WAY |
| 24 Mar 2023 | £226,223 | £225,000 | 117 TERNATA DRIVE |
| 28 Feb 2023 | £288,635 | £290,000 | 64 TERNATA DRIVE |
| 25 Feb 2022 | £224,559 | £215,000 | 111 TERNATA DRIVE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 28 Mar 2018. Using an estimated price of £375,450 means this house is valued at £3,077 per sq meter (£285 per sq foot).
The average size of a house on ACER WAY is 132 sq meters (1,430 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Rhodfa Ternata |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rhodfa Ternata |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Rhodfa Ternata |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ffordd Opulus |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ffordd Opulus |