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According to the public record, 2, The Octagon, Chepstow is a freehold house.
By comparing it to neighbours, we estimate that it is a period house with 1,169 ft2 of internal area and sits on a 268 m2 plot and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, The Octagon, Chepstow is £313,530 and the estimated rental value is £1,642 per month.
The Octagon, Bulwark, Chepstow, NP16 is located within the NP16 postal district.
2, The Octagon, Chepstow has 31 entries in the Land Registry , most recently in June 2007 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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, The Octagon, Chepstow is in very good condition we estimate a sale value of £329,206 and a rental value of £1,724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £291,583 and a rental value of £1,527 per month.
Over the last 12 months the sale value of 2 The Octagon Chepstow has increased by an estimated £4,063 (1.3%) and its rental value has increased by an estimated £53 per month (3.2%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 2, The Octagon, Chepstow sits on a plot of 268m2.
We have plot size data on 12 out of 12 other houses in the postcode and 2, The Octagon, Chepstow sits on the 8th largest plot.
According to HM Land Registry, 2, The Octagon, Chepstow was last sold on 7th June 2007 for £169,000 and was recorded as a freehold house.
The property has had 3 sales since 1995.
Since June 2007, the market for similar properties has risen 115.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, The Octagon, Chepstow within a radius of 630 metres over the last 2 years.
The most recent example is 7, The Octagon, Chepstow, NP16 5QJ, a freehold house which sold for £275,000 on the 29th November 2024.
Read more about house prices in NP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
The Octagon, Bulwark, Chepstow, NP16 has a total of 12 addresses. According to our analysis of all the public data, 2, The Octagon, Chepstow is the 7th largest and the 8th most expensive property on the street.
When compared to the postcode district it is £68k less expensive than the average property in NP16.
The closest station to 2, The Octagon, Chepstow is Chepstow station which is 1.2 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, The Octagon, Chepstow, 42.9% of property is privately owned outright and 42.1% is privately owned with a mortgage.
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, The Octagon, Chepstow, 12.4% of residents are recorded as possessing school level qualifications and 35.7% 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, The Octagon, 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, The Octagon, Chepstow, 1.0% 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, The Octagon, Chepstow, there are an average of 1.5 cars per household.
See below for how this compares to Wales and the rest of England & Wales.