24, Cementite Grove
24, Cementite Grove
Description & Estimates
24, Cementite Grove, Newport is recorded publicly as a modern freehold house across 914 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 24, Cementite Grove, Newport is £311,715 and its rental estimate is £1,336 per month, given the available information and assuming reasonable condition.
Cementite Grove, Newport, NP19 falls within the NP19 postal district.
Our Data Sources
24, Cementite Grove, Newport has a single entry in the Land Registry from June 2023 and a single entry in the EPC database dated April 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 24, Cementite Grove, Newport, we estimate a market value of £327,301 and a rental value of £1,403 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £289,895 and £1,243 per month respectively.
Recent Market Change
Over the last year, 24, Cementite Grove, Newport has seen its estimated sale value rise by £4,529 (1.5%) and its estimated rental value move up by £40 per month (3.0%). This results in an estimated gross rental yield of 5.1%.
Energy Efficiency
24, Cementite Grove, Newport has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Apr 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 24, Cementite Grove, Newport completed on 29th June 2023 at £324,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 31.6% over the period since June 2023.
- Sold Jun 2023£324,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Cementite Grove, Newport have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th December 2024, was 12, Teeming Grove, Newport, NP19 4EJ, a freehold house which sold for £297,000.
Read more about house prices in NP19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 16 addresses on Cementite Grove, Newport, NP19, 24, Cementite Grove, Newport comes out as the 13th largest and the 13th most expensive in our analysis of the public data.
It is also £109k more expensive than the average property across the NP19 district.
More reading links
Schools Nearby
Public Transport Nearby
From 24, Cementite Grove, Newport, the nearest station is Newport (South Wales), 4.4 kilometres away.
- 4.4kmNewport (South Wales)
- 7.2kmPye Corner
- 9.1kmRogerstone
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
