£494,188
This estimated value is based upon the latest sale price for the house of £399,995 on 4 Jun 2019. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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Price Paid | Date |
---|---|
£399,995 | 4 Jun 2019 |
Detached |
Freehold |
Floor Area: 152 sq meters or 1,636 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 June 2019 the House Price Index for MONMOUTHSHIRE was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £399,995 results in an estimated price of approximately £494,188.
4 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £399,995 | £94,193 | £494,188 |
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 | -29.553 % | £-118,212 | £281,782 |
3 Month Average | -20.753 % | £-83,011 | £316,983 |
6 Month Average | 13.734 % | £54,934 | £454,929 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Aug 2023 | £549,810 | £545,000 | 45 ACER WAY |
7 Jul 2023 | £392,280 | £387,000 | 31 ACER WAY |
24 Mar 2023 | £227,140 | £225,000 | 117 TERNATA DRIVE |
14 Feb 2023 | £389,738 | £390,000 | 1 BELLE ETOILE DRIVE |
4 Aug 2022 | £249,329 | £250,000 | 40 ACER WAY |
This house has a floor area of 152 sq meters or 1,636 sq feet when measured on 16 Apr 2019. Using an estimated price of £494,189 means this house is valued at £3,251 per sq meter (£302 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 | Under investigation | On or near Ffordd Acer |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ffordd Acer |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ffordd Acer |
Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ffordd Acer |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Fford Glas Y Dorlan |