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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
According to the public record, 2, Preston Close, Chepstow is a modern freehold house with 452 ft2 of internal area and sits on a 158 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Preston Close, Chepstow is £193,045 and the estimated rental value is £992 per month.
Preston Close, Chepstow, NP16 is located within the NP16 postal district.
2, Preston Close, Chepstow has 21 entries in the Land Registry , most recently in April 2024 and a single entry in the EPC database dated October 2023.
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.
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, Preston Close, Chepstow is in very good condition we estimate a sale value of £202,697 and a rental value of £1,041 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £179,532 and a rental value of £922 per month.
Over the last 12 months the sale value of 2 Preston Close Chepstow has decreased by an estimated £322 (0.2%) and its rental value has increased by an estimated £38 per month (3.8%), giving an expected gross yield of 6.2%.
According to data from HM Land Registry, 2, Preston Close, Chepstow sits on a plot of 158m2.
We have plot size data on 16 out of 16 other houses in the postcode and 2, Preston Close, Chepstow sits on the 6th largest plot.
2, Preston Close, Chepstow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 04 Oct 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Preston Close, Chepstow was last sold on 9th April 2024 for £178,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2024, the market for similar properties has risen 12.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Preston Close, Chepstow within a radius of 950 metres over the last 2 years.
The most recent example is 20A, Laburnam Way, Chepstow, NP16 5RF, a freehold house which sold for £224,000 on the 22nd October 2024.
Read more about house prices in NP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Preston Close, Chepstow, NP16 has a total of 16 addresses. According to our analysis of all the public data, 2, Preston Close, Chepstow is the 15th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £182k less expensive than the average property in NP16.
The closest station to 2, Preston Close, Chepstow is Chepstow station which is 1.9 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Preston Close, Chepstow, 43.2% of property is socially rented and 26.8% is privately rented.
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, Preston Close, Chepstow, 20.3% of residents are recorded as possessing school level qualifications and 28.7% 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, Preston Close, Chepstow, the average age was 42.4 and the most common age was 52.
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, Preston Close, Chepstow, 0.0% 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, Preston Close, Chepstow, there are an average of 1.3 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
