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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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2, Lavender Way, Newport is recorded publicly as a modern freehold house across 1,151 ft2 of internal area, sitting on a 289 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 2, Lavender Way, Newport is £332,988 and its rental estimate is £1,652 per month, given the available information and assuming reasonable condition.
Lavender Way, Rogerstone, Newport, NP10 falls within the NP10 postal district.
2, Lavender Way, Newport has 21 entries in the Land Registry , most recently in October 2019 and a single entry in the EPC database dated December 2018.
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.
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 2, Lavender Way, Newport, we estimate a market value of £349,637 and a rental value of £1,735 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £309,678 and £1,537 per month respectively.
Over the last year, 2, Lavender Way, Newport has seen its estimated sale value grow by £4,273 (1.3%) and its estimated rental value climb by £49 per month (3.0%). This results in an estimated gross rental yield of 6.0%.
HM Land Registry records the plot of land for 2, Lavender Way, Newport as measuring 289 m2.
That makes it the 10th largest plot in the postcode, where all 57 other houses have recorded plot data.
2, Lavender Way, Newport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Dec 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 2, Lavender Way, Newport completed on 25th October 2019 at £288,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 18.1% over the period since October 2019.
Over the past 2 years 3 properties similar to 2, Lavender Way, Newport have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 12th July 2024, was 5, Rose Walk, Newport, NP10 9AY, a freehold house which sold for £330,000.
Read more about house prices in NP10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 57 addresses on Lavender Way, Rogerstone, Newport, NP10, 2, Lavender Way, Newport comes out as the 16th largest and the 14th most expensive in our analysis of the public data.
It is also £39k more expensive than the average property across the NP10 district.
From 2, Lavender Way, Newport, the nearest station is Rogerstone, 600 metres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 2, Lavender Way, Newport, 45.1% of property is privately owned with a mortgage and 34.0% 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 2, Lavender Way, Newport, 17.1% of residents are recorded as possessing school level qualifications and 37.3% 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 2, Lavender Way, Newport, the average age was 40.9 and the most common age was 42.
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 2, Lavender Way, Newport, 0.3% 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 2, Lavender Way, Newport, there are an average of 1.6 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
