24, Park Drive
24, Park Drive
Description & Estimates
24, Park Drive, Newport appears in the public record as a freehold house sitting on a 329 m2 plot.
By comparing it to nearby properties, we estimate it to be an early-century house with 1,387 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 24, Park Drive, Newport is £284,641 and its rental estimate is £1,349 per month, given the available information and assuming reasonable condition.
Park Drive, Newport, NP20 falls within the NP20 postal district.
Our Data Sources
24, Park Drive, Newport has 21 entries in the Land Registry , most recently in May 2011 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.
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, Park Drive, Newport, we estimate a market value of £298,873 and a rental value of £1,417 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £264,716 and £1,255 per month respectively.
Recent Market Change
Over the last year, 24, Park Drive, Newport has seen its estimated sale value increase by £3,624 (1.3%) and its estimated rental value grow by £39 per month (2.9%). This results in an estimated gross rental yield of 5.7%.
Plot Size
HM Land Registry records the plot of land for 24, Park Drive, Newport as measuring 329 m2.
That makes it the 12th largest plot in the postcode, where 29 of the 30 other houses have recorded plot data.
Sold Prices
The most recent sale of 24, Park Drive, Newport completed on 26th May 2011 at £165,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 80.2% over the period since May 2011.
- Sold May 2011£165,000
- Sold Jul 1996£59,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 24, Park Drive, Newport have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st July 2022, was 8, Park Drive, Newport, NP20 3AL, a freehold house which sold for £250,000.
Read more about house prices in NP20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 58 addresses on Park Drive, Newport, NP20, 24, Park Drive, Newport comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £73k more expensive than the average property across the NP20 district.
More reading links
Schools Nearby
Public Transport Nearby
From 24, Park Drive, Newport, the nearest station is Pye Corner, 2.1 kilometres away.
- 2.1kmPye Corner
- 2.5kmNewport (South Wales)
- 4.4kmRogerstone
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
