2 Corris Houses, Cwmbran
2 Corris Houses, Cwmbran
Description & Estimates
According to the public record, 2 Corris Houses, Cwmbran is a mid-century leasehold apartment with 355 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Corris Houses, Cwmbran is £59,167 and the estimated rental value is £385 per month.
The apartment is within 2, Croesyceiliog, Cwmbran, NP44.
Croesyceiliog, Cwmbran, NP44 is located within the NP44 postal district.
Our Data Sources
2 Corris Houses, Cwmbran has a single entry in the Land Registry from August 2021 and a single entry in the EPC database dated March 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 2 Corris Houses, Cwmbran is in very good condition we estimate a sale value of £62,125 and a rental value of £404 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £55,025 and a rental value of £358 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2 Corris Houses, Cwmbran has increased by £1,508 (2.5%), while its estimated rental value has grown by £16 per month (4.1%). Based on current estimates, the property offers a gross rental yield of 7.8%.
Energy Efficiency
2 Corris Houses, Cwmbran has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 17 Mar 2023.
The property is 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, 2 Corris Houses, Cwmbran was last sold on 12th August 2021 for £50,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since August 2021, the market for similar properties has risen by 31.5%.
- Sold Aug 2021£50,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 2 Corris Houses, Cwmbran within a radius of 890 metres over the last 2 years.
The most recent example is 3 Ebury Houses, Cwmbran, NP44 2AU, a leasehold flat which sold for £56,000 on the 28th January 2022.
Read more about house prices in NP44.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Croesyceiliog, Cwmbran, NP44 has a total of 201 addresses. According to our analysis of all the public data, 2 Corris Houses, Cwmbran is the 184th largest and the 194th most expensive property on the street.
When compared to the postcode district it is £161k less expensive than the average property in NP44.
More reading links
Schools Nearby
Public Transport Nearby
The closest station to 2 Corris Houses, Cwmbran is Cwmbran station, which is 1.1 kilometres away.
- 1.1kmCwmbran
- 3.7kmPontypool & New Inn
- 8.6kmNewport (South Wales)
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
