1, Edison Ridge
1, Edison Ridge
Description & Estimates
1, Edison Ridge, Newport appears in the public record as a freehold house sitting on a 254 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 953 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 1, Edison Ridge, Newport is £177,974 and its rental estimate is £1,066 per month, given the available information and assuming reasonable condition.
Edison Ridge, Newport, NP20 falls within the NP20 postal district.
Our Data Sources
1, Edison Ridge, Newport has 21 entries in the Land Registry , most recently in November 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Edison Ridge, Newport, we estimate a market value of £186,873 and a rental value of £1,119 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £165,516 and £991 per month respectively.
Recent Market Change
Over the last year, 1, Edison Ridge, Newport has seen its estimated sale value grow by £2,407 (1.4%) and its estimated rental value climb by £31 per month (3.0%). This results in an estimated gross rental yield of 7.2%.
Plot Size
HM Land Registry records the plot of land for 1, Edison Ridge, Newport as measuring 254 m2.
That makes it the 7th largest plot in the postcode, where all 14 other houses have recorded plot data.
Sold Prices
The most recent sale of 1, Edison Ridge, Newport completed on 30th November 2007 at £113,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 83.1% over the period since November 2007.
- Sold Nov 2007£113,000
- Sold Mar 2003£45,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Edison Ridge, Newport have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st October 2023, was 4, Blackett Avenue, Newport, NP20 6NH, a freehold house which sold for £177,000.
Read more about house prices in NP20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 38 addresses on Edison Ridge, Newport, NP20, 1, Edison Ridge, Newport comes out as the 3rd largest and the 4th most expensive in our analysis of the public data.
It is also £33k less expensive than the average property across the NP20 district.
More reading links
Schools Nearby
Public Transport Nearby
From 1, Edison Ridge, Newport, the nearest station is Newport (South Wales), 2.9 kilometres away.
- 2.9kmNewport (South Wales)
- 4.3kmPye Corner
- 4.5kmRogerstone
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
