2, Oakfield Avenue
2, Oakfield Avenue
Description & Estimates
2, Oakfield Avenue, Chepstow is recorded publicly as a mid-century freehold house across 990 ft2 of internal area, sitting on a 228 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Oakfield Avenue, Chepstow is £369,358 and its rental estimate is £1,688 per month, given the available information and assuming reasonable condition.
Oakfield Avenue, Chepstow, NP16 falls within the NP16 postal district.
Our Data Sources
2, Oakfield Avenue, Chepstow has 21 entries in the Land Registry , most recently in January 2016 and a single entry in the EPC database dated September 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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, Oakfield Avenue, Chepstow, we estimate a market value of £387,826 and a rental value of £1,773 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £343,503 and £1,570 per month respectively.
Recent Market Change
Over the last year, 2, Oakfield Avenue, Chepstow has seen its estimated sale value grow by £4,786 (1.3%) and its estimated rental value climb by £55 per month (3.2%). This results in an estimated gross rental yield of 5.5%.
Plot Size
HM Land Registry records the plot of land for 2, Oakfield Avenue, Chepstow as measuring 228 m2.
That makes it the 8th largest plot in the postcode, where all 26 other houses have recorded plot data.
Energy Efficiency
2, Oakfield Avenue, Chepstow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Sep 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Oakfield Avenue, Chepstow completed on 22nd January 2016 at £217,000 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 49.3% over the period since January 2016.
- Sold Jan 2016£217,000
- Sold Jan 2002£105,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Oakfield Avenue, Chepstow have sold within a radius of 840 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2023, was 16, Oakfield Avenue, Chepstow, NP16 5NE, a freehold house which sold for £379,950.
Read more about house prices in NP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 26 addresses on Oakfield Avenue, Chepstow, NP16, 2, Oakfield Avenue, Chepstow comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £12k less expensive than the average property across the NP16 district.
More reading links
Schools Nearby
Public Transport Nearby
From 2, Oakfield Avenue, Chepstow, the nearest station is Chepstow, 1.0 kilometres away.
- 1.0kmChepstow
- 8.0kmCaldicot
- 9.1kmSevern Tunnel Junction
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
