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According to the public record, 2 The Beeches, Chepstow is a modern apartment with 828 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2 The Beeches, Chepstow is £184,467 and the estimated rental value is £1,025 per month.
The apartment is within The Beeches, Ormerod Road, Sedbury, Chepstow, NP16.
Ormerod Road, Sedbury, Chepstow, NP16 is located in the borough of Forest of Dean within the NP16 postal district.
2 The Beeches, Chepstow has no records in the the Land Registry and a single entry in the EPC database dated April 2021.
We combine this information with public data 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.
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 The Beeches, Chepstow is in very good condition we estimate a sale value of £193,691 and a rental value of £1,076 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,555 and a rental value of £953 per month.
Over the last 12 months the sale value of 2 The Beeches Chepstow has increased by an estimated £2,344 (1.3%) and its rental value has increased by an estimated £30 per month (2.9%), giving an expected gross yield of 6.7%.
2 The Beeches, Chepstow has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Apr 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2 The Beeches, Chepstow within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 4 The Beeches, Ormerod Road, Chepstow, NP16 7GA, a leasehold flat which sold for £169,000 on the 25th August 2021.
Read more about house prices in NP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ormerod Road, Sedbury, Chepstow, NP16 has a total of 50 addresses. According to our analysis of all the public data, 2 The Beeches, Chepstow is the 39th largest and the 45th most expensive property on the street.
When compared to the postcode district it is £197k less expensive than the average property in NP16.
The closest station to 2 The Beeches, Chepstow is Chepstow station which is 1.0 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 The Beeches, Chepstow, 40.8% of property is socially rented and 32.8% is privately owned outright.
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 The Beeches, Chepstow, 24.8% of residents are recorded as possessing school level qualifications and 21.5% 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 The Beeches, Chepstow, the average age was 44.4 and the most common age was 72.
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 The Beeches, Chepstow, 0.0% 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 The Beeches, Chepstow, there are an average of 1.3 cars per household.
See below for how this compares to South West and the rest of England & Wales.