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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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According to the public record, 2 Mill Cottages, Monmouth is a period freehold house with 871 ft2 of internal area and sits on a 145 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 Mill Cottages, Monmouth is £200,009 and the estimated rental value is £1,146 per month.
Upper Redbrook, Monmouth, NP25 is located in the borough of Forest of Dean within the NP25 postal district.
2 Mill Cottages, Monmouth has 31 entries in the Land Registry , most recently in November 2021 and a single entry in the EPC database dated September 2021.
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.
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 Mill Cottages, Monmouth is in very good condition we estimate a sale value of £210,010 and a rental value of £1,203 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £186,008 and a rental value of £1,065 per month.
Over the last 12 months the sale value of 2 Mill Cottages Monmouth has decreased by an estimated £1,756 (0.9%) and its rental value has increased by an estimated £34 per month (3.0%), giving an expected gross yield of 6.9%.
According to data from HM Land Registry, 2 Mill Cottages, Monmouth sits on a plot of 145m2.
We have plot size data on 3 out of 3 other houses in the postcode and 2 Mill Cottages, Monmouth sits on the 2nd largest plot.
2 Mill Cottages, Monmouth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, 2 Mill Cottages, Monmouth was last sold on 5th November 2021 for £175,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since November 2021, the market for similar properties has risen 10.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 Mill Cottages, Monmouth within a radius of 3.5 kilometres over the last 2 years.
The most recent example is 23, Highbury Terrace, Monmouth, NP25 4NA, a freehold house which sold for £260,000 on the 18th December 2024.
Read more about house prices in NP25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upper Redbrook, Monmouth, NP25 has a total of 38 addresses. According to our analysis of all the public data, 2 Mill Cottages, Monmouth is the 34th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £133k less expensive than the average property in NP25.
The closest station to 2 Mill Cottages, Monmouth is Lydney station which is 12.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2 Mill Cottages, Monmouth, 42.3% of property is privately owned outright and 33.3% is privately owned with a mortgage.
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 2 Mill Cottages, Monmouth, 12.1% of residents are recorded as possessing school level qualifications and 40.6% 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 2 Mill Cottages, Monmouth, the average age was 49 and the most common age was 57.
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 2 Mill Cottages, Monmouth, 1.6% 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 2 Mill Cottages, Monmouth, there are an average of 1.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
