1%
PROPERTY VALUATION
£576,000
+£6,000 (1%)
Since last sold: April 2023
VALUATION RANGE
£550k - £602k
LOW | HIGH
Confidence: Medium
Update Property Condition
Last updated: 2 days ago
Property summary
11 James Jones Close, Llanfoist is a freehold detached house spread over 2,476 square feet, making it one of the largest properties here - it is ranked as the 6th most expensive property* in NP7 9PZ, with a valuation of £576,000.
Since it last sold in April 2023 for £570,000, its value has increased by £6,000.
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Essential buying details
- We expect the property to sell for between £550k and £602k if no refurbishment work has been carried out.
- Built around 2012, the property has sold twice over the last 25 years, with the longest owner staying for 11 years**.
- The property didn't turn out to be a great investment for the previous owner - returning on average 2.3% per annum.
- 27 detached houses have sold in NP7 9 at an average price of £396,572 over the last 12 months.
1.1%
This property has increased in price by 1.1% since it last sold 10 months ago
10%
This property is 10% more expensive than average in James Jones Close, NP7 9PZ
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Sale history
The most paid for a property in James Jones Close, NP7 9PZ was £595,000 in 2021.
Mortgage repayment calculator
| Date | Price | Change |
|---|---|---|
| Today's value* | £576,000 | 1.1% |
| 21 Apr 2023 | £570,000 | 28.2% |
| 03 May 2012 | £444,500 | - |
What condition is the property in?
- At a sale price of £576k, we expect this property to be in worse condition than the neighbouring properties.
- At this valuation it has a cost per square foot of £232, which is substantially less than the average here.
- The average cost per square foot for property here is £284.
Cost per square foot valuation
- If we valued this property using the average cost per square foot (CPSF) - it would be worth £703k. For it to sell for this amount, we would expect it to be in a similar state decoratively to the average property here and also have a similar sized plot of land.
- Note: Properties that are in a better condition will sell for more money per square foot.
What does it cost to live here?
Prices start at:
£266k
Average house price:
£521k
Most expensive:
£674k
Investment Performance
2.3%
Annual return between 2012-2023
Investment rating:
Was it a good investment?
This property last sold for £570,000 in April 2023.
The previous owner had the property for 10 years, having purchased it in May 2012 for £444,500.
During this time, the price rose by £125,500 (28.2%), which equates to it increasing in value by 2.3% each year.
The property didn't turn out to be a great investment for the previous owner.
SOLD PROPERTY PRICES - NP7 9PZ
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11 James Jones Close is substantially bigger than the average property in this postcode.
Valuation details
The most likely sale price is £576,000 but at the lower end we think it should fetch a minimum of £550,000.
On a cost per square foot basis, this property is valued at 18% less than the other houses in this postcode.
A lower cost per square foot can indicate that the property is in a worse condition and needs more refurbishment work or that it has a smaller garden (find out more here).
If the property was previously purchased in a bad state of repair, making home improvements throughout could increase its sale price to £662,000.
If the property has been refurbished or extended since it was last purchased, tell us about any home improvements to get a revised valuation.
11 James Jones Close, Abergavenny is a detached house with 2,476 square feet of internal space built around 2012.
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- Property details
- Local market
- Regional prices
Property details
- Most likely sale price: £576,000
- Offers likely to be accepted between £550,000 and £602,000.
- Cost per squre foot: £232 (at a valuation of £576,000).
- Freehold detached house
- 2,476 square feet
- Property energy rating: 82
- Which is similar to the average for this postcode.
- A score of 100 is the best energy rating a property can be given.
- Compare this to other properties in NP7 9PZ
The local market - NP7 9PZ
- The average property price for this postcode is £521,000
- Prices here range from £266,000 to £674,000.
- Expect to pay £241 to £326 per square foot for property in NP7 9PZ.
- 3 properties have sold in NP7 9PZ over the last 5 years.
- The latest sale in NP7 9PZ went for £570k on 21 Apr 2023.
The property market across NP7 9
- The average price paid for a detached house in the area NP7 9 over the past year is £397k.
- Detached houses have been selling for £315 per square foot across NP7 9.
- 27 detached houses have sold in NP7 9 over the last 12 months.
What does it cost to live in this area?
The local area
Sales in the surrounding roads
Searching for recent sales near here
What are some of the other properties worth?
The cheapest property here in NP7 9PZ is valued at £266k.
At the top end, the most expensive property is worth £674k - this postcode has an average valuation of £521k.
| Property | Valuation | ||
|---|---|---|---|
| 2 James Jones Close, Llanfoist 1604 sq.ft. | £491,000+44% (2017 - now) | ||
| 12 James Jones Close, Llanfoist 1604 sq.ft. | £526,000+45% (2016 - now) | ||
| 11 James Jones Close, Llanfoist 2476 sq.ft. | £576,000+1% (2023 - now) | ||
 | 13 James Jones Close, Llanfoist 5 bed | 2379 sq. ft. | £576,000+38% (2016 - now) | |
| 14 James Jones Close, Llanfoist 2379 sq.ft. | £577,000+34% (2013 - now) | ||
| 5 James Jones Close, Llanfoist 1776 sq.ft. | £595,000+21% (2020 - now) | ||
 | 9 James Jones Close, Llanfoist 4 bed | 1776 sq. ft. | £632,000+32% (2018 - now) | |
| 7 James Jones Close, Llanfoist 2799 sq.ft. | £674,000+13% (2021 - now) |
Valuation accuracy
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