£340,965
This estimated value is based upon the latest sale price for the house of £335,000 on 8 Dec 2023. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £335,000 | 8 Dec 2023 |
| £280,000 | 17 Sep 2021 |
| £177,000 | 21 Nov 2014 |
| £205,495 | 13 Jun 2008 |
| Detached |
| Freehold |
| Floor Area: 84 sq meters or 904 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 December 2023 the House Price Index for MONMOUTHSHIRE was 146.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.781%.Applying this 1.781% change to the original purchase price of £335,000 results in an estimated price of approximately £340,965.
| 8 Dec 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.0 | 148.6 | 1.781 % | £335,000 | £5,965 | £340,965 |
The Postcode Pricing Model uses changes in average sales price within the NP16 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 | 39.517 % | £132,381 | £467,381 |
| 3 Month Average | 5.711 % | £19,132 | £354,132 |
| 6 Month Average | -11.914 % | £-39,911 | £295,088 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £340,966 | £335,000 | 32 JAMES STEPHENS WAY |
| 30 Jun 2023 | £217,636 | £215,000 | 8 SAMUEL RODGERS CRESCENT |
| 14 Jun 2023 | £301,148 | £297,500 | GARAGE 45 JAMES STEPHENS WAY |
| 13 Jul 2022 | £250,675 | £250,000 | 11 SAMUEL RODGERS CRESCENT |
| 8 Jun 2022 | £428,556 | £422,500 | 4 JOHN RASTRICK RISE |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 15 Mar 2021. Using an estimated price of £340,966 means this house is valued at £4,059 per sq meter (£377 per sq foot).
The average size of a house on JAMES STEPHENS WAY is 87 sq meters (943 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Samuel Rodgers Crescent |
| Feb 2024 | Anti-social behaviour | On or near Tenby Lane | |
| Feb 2024 | Anti-social behaviour | On or near Tenby Lane | |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Tenby Lane |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near M48 |