2, Chapel Field Way
2, Chapel Field Way
Description & Estimates
Public records show 2, Chapel Field Way, Newport to be a modern freehold house with 1,356 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
2, Chapel Field Way, Newport has an estimated sale value of £368,319 and an estimated rental value of £1,446 per month, assuming reasonable condition and based on the information available.
Chapel Field Way, Newport, NP19 lies within the NP19 postal district.
Our Data Sources
2, Chapel Field Way, Newport has a single entry in the Land Registry from July 2022 and a single entry in the EPC database dated May 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 2, Chapel Field Way, Newport would be worth £386,735, with a potential rental value of £1,518 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £342,537, with a rental value of £1,345 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Chapel Field Way, Newport has risen by £3,816 (1.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £36 (2.5%). The property's estimated gross yield is currently 4.7%.
Energy Efficiency
2, Chapel Field Way, Newport has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 May 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
2, Chapel Field Way, Newport last changed hands on 25th July 2022, selling for £392,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 28.7% since July 2022.
- Sold Jul 2022£392,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 720 metres of 2, Chapel Field Way, Newport across the last 2 years.
Most recently, 83, Tandem Mill Road, Newport, NP19 4DP, a freehold house, sold at £389,995 on the 28th July 2023.
Read more about house prices in NP19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 2, Chapel Field Way, Newport as the 4th largest and the 4th most expensive of the 25 addresses on Chapel Field Way, Newport, NP19.
Against the NP19 postcode district average, it is £166k more expensive than the typical property.
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Schools Nearby
Public Transport Nearby
Newport (South Wales) station is the nearest stop to 2, Chapel Field Way, Newport at 4.4 kilometres away.
- 4.4kmNewport (South Wales)
- 7.2kmPye Corner
- 9.1kmRogerstone
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
