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Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 129, Gaer Vale, Newport is £98,744 and the estimated rental value is £698 per month.
Gaer Vale, Newport, NP20 is located within the NP20 postal district.
129, Gaer Vale, Newport has a single entry in the Land Registry from November 2024 and a single entry in the EPC database dated May 2023.
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.
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 129, Gaer Vale, Newport is in very good condition we estimate a sale value of £103,681 and a rental value of £733 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £91,832 and a rental value of £649 per month.
Over the last 12 months the sale value of 129 Gaer Vale Newport has increased by an estimated £1,612 (1.6%) and its rental value has increased by an estimated £25 per month (3.6%), giving an expected gross yield of 8.5%.
129, Gaer Vale, Newport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 129, Gaer Vale, Newport was last sold on 14th November 2024 for £94,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2024, the market for similar properties has risen 0.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 129, Gaer Vale, Newport within a radius of 580 metres over the last 2 years.
The most recent example is 77, Gaer Vale, Newport, NP20 3HS, a leasehold flat which sold for £110,000 on the 31st March 2023.
Read more about house prices in NP20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gaer Vale, Newport, NP20 has a total of 159 addresses. According to our analysis of all the public data, 129, Gaer Vale, Newport is the 97th largest and the 115th most expensive property on the street.
When compared to the postcode district it is £113k less expensive than the average property in NP20.
The closest station to 129, Gaer Vale, Newport is Pye Corner station which is 2.0 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 129, Gaer Vale, Newport, 64.1% of property is socially rented and 12.0% is privately owned outright.
The graph below shows how this compares to Wales 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 129, Gaer Vale, Newport, 20.6% of residents are recorded as possessing school level qualifications and 19.1% as possessing degree level qualifications.
The graph below shows how this compares to Wales and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 129, Gaer Vale, Newport, the average age was 43.5 and the most common age was 57.
The graph below shows how this compares to Wales 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 129, Gaer Vale, Newport, 0.0% of property was a second home.
Comparison figures for Wales 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 129, Gaer Vale, Newport, there are an average of 0.6 cars per household.
See below for how this compares to Wales and the rest of England & Wales.