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According to the public record, 2, Tram Road, Newport is a period house with 1,237 ft2 of internal area and sits on a 550 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Tram Road, Newport is £404,721 and the estimated rental value is £1,670 per month.
Tram Road, Caerleon, Newport, NP18 is located within the NP18 postal district.
2, Tram Road, Newport has no records in the the Land Registry and a single entry in the EPC database dated April 2023.
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, Tram Road, Newport is in very good condition we estimate a sale value of £424,957 and a rental value of £1,754 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £376,391 and a rental value of £1,553 per month.
Over the last 12 months the sale value of 2 Tram Road Newport has increased by an estimated £5,378 (1.3%) and its rental value has increased by an estimated £43 per month (2.6%), giving an expected gross yield of 5%.
According to data from HM Land Registry, 2, Tram Road, Newport sits on a plot of 550m2.
We have plot size data on 5 out of 6 other houses in the postcode and 2, Tram Road, Newport sits on the largest plot.
2, Tram Road, Newport has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Apr 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 the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Tram Road, Newport within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 3, Broadwalk, Newport, NP18 1NP, a leasehold house which sold for £390,000 on the 12th June 2024.
Read more about house prices in NP18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tram Road, Caerleon, Newport, NP18 has a total of 6 addresses. According to our analysis of all the public data, 2, Tram Road, Newport is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £58k more expensive than the average property in NP18.
The closest station to 2, Tram Road, Newport is Newport (South Wales) station which is 4.1 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, Tram Road, Newport, 45.0% of property is privately owned outright and 35.7% 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, Tram Road, Newport, 13.7% of residents are recorded as possessing school level qualifications and 55.9% 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, Tram Road, Newport, the average age was 45.3 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, Tram Road, Newport, 2.0% 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, Tram Road, Newport, there are an average of 1.4 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
