1, Melbourne Way
1, Melbourne Way
Description & Estimates
According to the public record, 1, Melbourne Way, Newport is a mid-century house with 1,722 ft2 of internal area and sits on a 487 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1, Melbourne Way, Newport is £418,024 and the estimated rental value is £1,660 per month.
Melbourne Way, Newport, NP20 is located within the NP20 postal district.
Our Data Sources
1, Melbourne Way, Newport has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2014.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1, Melbourne Way, Newport is in very good condition we estimate a sale value of £438,925 and a rental value of £1,743 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £388,762 and a rental value of £1,543 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1, Melbourne Way, Newport has increased by £5,322 (1.3%), while its estimated rental value has grown by £48 per month (2.9%). Based on current estimates, the property offers a gross rental yield of 4.8%.
Plot Size
According to data from HM Land Registry, 1, Melbourne Way, Newport sits on a plot of 487 m2.
We have plot size data on 17 out of 18 other houses in the postcode and 1, Melbourne Way, Newport sits on the 4th largest plot.
Energy Efficiency
1, Melbourne Way, Newport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 23 Feb 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 1, Melbourne Way, Newport was last sold on 12th April 1996 for £129,500 and was recorded as a freehold house.
The property has only had this single sale since 1995.
- Sold Apr 1996£129,500
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1, Melbourne Way, Newport within a radius of 750 metres over the last 2 years.
The most recent example is 81, Melbourne Way, Newport, NP20 3RH, a freehold house which sold for £387,500 on the 15th November 2024.
Read more about house prices in NP20.
- Sold Nov 2024£387,500 | 4 Bed House81, Melbourne Way, Newport, NP20 3RH81, Melbourne Way, Newport, NP20 3RH
- Sold May 2023£410,000 | 4 Bed House9, Quebec Close, Newport, NP20 3RA9, Quebec Close, Newport, NP20 3RA
- Sold Apr 2019£285,000 | 4 Bed House17, Vancouver Drive, Newport, NP20 3QT17, Vancouver Drive, Newport, NP20 3QT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Melbourne Way, Newport, NP20 has a total of 61 addresses. According to our analysis of all the public data, 1, Melbourne Way, Newport is the 8th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £207k more expensive than the average property in NP20.
More reading links
Schools Nearby
Public Transport Nearby
The closest station to 1, Melbourne Way, Newport is Pye Corner station, which is 700 metres away.
- 700mPye Corner
- 2.5kmNewport (South Wales)
- 3.0kmRogerstone
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
