£248,781
This estimated value is based upon the latest sale price for the house of £145,000 on 9 Aug 2012. This value is then adjusted by the current Official House Price Index for MONMOUTHSHIRE 1
There has been one burglary within the last year on or near Garden City Way
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| Price Paid | Date |
|---|---|
| £145,000 | 9 Aug 2012 |
| £156,000 | 11 Jun 2010 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 76 sq meters or 818 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 August 2012 the House Price Index for MONMOUTHSHIRE was 87.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 71.573%.Applying this 71.573% change to the original purchase price of £145,000 results in an estimated price of approximately £248,781.
| 9 Aug 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 149.7 | 71.573 % | £145,000 | £103,781 | £248,781 |
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 | 130.005 % | £188,506 | £333,506 |
| 3 Month Average | 76.862 % | £111,449 | £256,449 |
| 6 Month Average | 66.779 % | £96,829 | £241,829 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Oct 2023 | £199,532 | £195,000 | FLAT 13 RESTWAY WALL GARDEN CITY WAY |
| 8 Sep 2023 | £180,990 | £177,000 | 23A HARDWICK AVENUE |
| 26 Jun 2023 | £183,681 | £180,000 | FLAT 19 RESTWAY WALL GARDEN CITY WAY |
| 17 Mar 2023 | £196,278 | £193,000 | FLAT 8 RESTWAY WALL GARDEN CITY WAY |
| 14 Mar 2023 | £167,802 | £165,000 | 23B HARDWICK AVENUE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 23 Apr 2012. Using an estimated price of £248,781 means this house is valued at £3,273 per sq meter (£304 per sq foot).
The average size of a house on GARDEN CITY WAY is 62 sq meters (668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Garden City Way |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Garden City Way |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Garden City Way |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Garden City Way |