2, Park Road
2, Park Road
Description & Estimates
Public records show 2, Park Road, Newport to be an early-century freehold house with 1,022 ft2 of internal area, sitting on a 889 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
2, Park Road, Newport has an estimated sale value of £362,357 and an estimated rental value of £1,505 per month, assuming reasonable condition and based on the information available.
Park Road, Newbridge, Newport, NP11 lies within the NP11 postal district.
Our Data Sources
2, Park Road, Newport has a single entry in the Land Registry from September 2013 and a single entry in the EPC database dated April 2013.
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
In very good condition, we estimate 2, Park Road, Newport would be worth £380,475, with a potential rental value of £1,580 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £336,992, with a rental value of £1,399 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, Park Road, Newport has increased by £6,457 (1.8%) over the last year. During the same period, its estimated monthly rental value has grown by £51 (3.4%). The property's estimated gross yield is currently 5.0%.
Plot Size
2, Park Road, Newport occupies a 889 m2 plot as recorded by HM Land Registry.
Of the 7 other houses in this postcode, 6 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
2, Park Road, Newport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 Apr 2013.
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
2, Park Road, Newport last changed hands on 5th September 2013, selling for £200,000. 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 risen by 99.2% since September 2013.
- Sold Sep 2013£200,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 830 metres of 2, Park Road, Newport across the last 2 years.
Most recently, The Mount, The Uplands, Newport, NP11 3RH, a freehold house, sold at £305,000 on the 25th August 2022.
Read more about house prices in NP11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2, Park Road, Newport as the 13th largest and the 2nd most expensive of the 43 addresses on Park Road, Newbridge, Newport, NP11.
Against the NP11 postcode district average, it is £183k more expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Newbridge station is the nearest stop to 2, Park Road, Newport at 400 metres away.
- 400mNewbridge
- 3.7kmLlanhilleth
- 5.3kmCrosskeys
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
