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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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1 The Beeches, Chepstow is recorded publicly as a modern leasehold apartment across 785 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 1 The Beeches, Chepstow is £179,981 and its rental estimate is £1,015 per month, given the available information and assuming reasonable condition.
The Beeches, Ormerod Road is a residential building on Ormerod Road, Sedbury, Chepstow, NP16 and falls within the NP16 postal district and the borough of Forest of Dean.
1 The Beeches, Chepstow has a single entry in the Land Registry from May 2021 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 The Beeches, Chepstow, we estimate a market value of £188,980 and a rental value of £1,066 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £167,382 and £944 per month respectively.
Over the last year, 1 The Beeches, Chepstow has seen its estimated sale value move up by £2,287 (1.3%) and its estimated rental value increase by £30 per month (2.9%). This results in an estimated gross rental yield of 6.8%.
1 The Beeches, Chepstow has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1 The Beeches, Chepstow completed on 18th May 2021 at £173,950 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 46.5% over the period since May 2021.
Over the past 2 years 3 properties similar to 1 The Beeches, Chepstow have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th August 2021, was 4 The Beeches, Ormerod Road, Chepstow, NP16 7GA, a leasehold flat which sold for £169,000.
Read more about house prices in NP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 50 addresses on Ormerod Road, Sedbury, Chepstow, NP16, 1 The Beeches, Chepstow comes out as the 47th largest and the 49th most expensive in our analysis of the public data.
It is also £202k less expensive than the average property across the NP16 district.
From 1 The Beeches, Chepstow, the nearest station is Chepstow, 1.0 kilometres away.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1 The Beeches, Chepstow, 40.8% of property is socially rented and 32.8% is privately owned outright.
The graph below shows how this compares to South West and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1 The Beeches, Chepstow, 24.8% of residents are recorded as possessing school level qualifications and 21.5% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1 The Beeches, Chepstow, the average age was 44.4 and the most common age was 72.
The graph below shows how this compares to South West and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1 The Beeches, Chepstow, 0.0% of property was a second home.
Comparison figures for South West and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1 The Beeches, Chepstow, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.
