2, Springfield Terrace
2, Springfield Terrace
Description & Estimates
According to the public record, 2, Springfield Terrace, Newport is a period freehold house with 613 ft2 of internal area and sits on a 121 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, Springfield Terrace, Newport is £126,872 and the estimated rental value is £781 per month.
Springfield Terrace, Newbridge, Newport, NP11 is located within the NP11 postal district.
Our Data Sources
2, Springfield Terrace, Newport has a single entry in the Land Registry from February 2024 and a single entry in the EPC database dated September 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
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, Springfield Terrace, Newport is in very good condition we estimate a sale value of £133,215 and a rental value of £820 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £117,991 and a rental value of £726 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Springfield Terrace, Newport has grown by £2,261 (1.8%), while its estimated rental value has climbed by £26 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 7.4%.
Plot Size
According to data from HM Land Registry, 2, Springfield Terrace, Newport sits on a plot of 121 m2.
We have plot size data on 5 out of 5 other houses in the postcode and 2, Springfield Terrace, Newport sits on the 3rd largest plot.
Energy Efficiency
2, Springfield Terrace, Newport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 16 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Springfield Terrace, Newport was last sold on 9th February 2024 for £118,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since February 2024, the market for similar properties has dropped by 3.8%.
- Sold Feb 2024£118,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Springfield Terrace, Newport within a radius of 1.4 kilometres over the last 2 years.
The most recent example is 29, King Charles Road, Newport, NP11 4HF, a freehold house which sold for £125,000 on the 5th August 2022.
Read more about house prices in NP11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Springfield Terrace, Newbridge, Newport, NP11 has a total of 5 addresses. According to our analysis of all the public data, 2, Springfield Terrace, Newport is the 4th largest and the 4th most expensive property on the street.
When compared to the postcode district it is £53k less expensive than the average property in NP11.
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Schools Nearby
Public Transport Nearby
The closest station to 2, Springfield Terrace, Newport is Newbridge station, which is 1.9 kilometres away.
- 1.9kmNewbridge
- 4.1kmHengoed
- 4.6kmPengam
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
