£272,442
This estimated value is based upon the latest sale price for the house of £158,500 on 20 Jan 2012. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
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| Price Paid | Date |
|---|---|
| £158,500 | 20 Jan 2012 |
| £100,000 | 25 Jul 2003 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 76 sq meters or 822 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 January 2012 the House Price Index for MONMOUTHSHIRE was 86.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.888%.Applying this 71.888% change to the original purchase price of £158,500 results in an estimated price of approximately £272,442.
| 20 Jan 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.5 | 148.6 | 71.888 % | £158,500 | £113,942 | £272,442 |
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 | 7.977 % | £12,644 | £171,144 |
| 3 Month Average | 54.463 % | £86,324 | £244,824 |
| 6 Month Average | 50.863 % | £80,617 | £239,117 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £179,292 | £177,000 | 23A HARDWICK AVENUE |
| 26 Jun 2023 | £182,207 | £180,000 | FLAT 19 RESTWAY WALL GARDEN CITY WAY |
| 17 Mar 2023 | £194,836 | £193,000 | FLAT 8 RESTWAY WALL GARDEN CITY WAY |
| 14 Mar 2023 | £166,569 | £165,000 | 23B HARDWICK AVENUE |
| 30 Jun 2022 | £375,304 | £370,000 | 21 MOOR STREET |
This house has a floor area of 76 sq meters or 822 sq feet when measured on 17 Feb 2011. Using an estimated price of £272,442 means this house is valued at £3,565 per sq meter (£331 per sq foot).
The average size of a house on GARDEN CITY WAY is 62 sq meters (668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Garden City Way |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Garden City Way |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Garden City Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Police Station |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Police Station |