3, Bishops Mead
3, Bishops Mead
Description & Estimates
Public records show 3, Bishops Mead, Chepstow to be a mid-century leasehold apartment with 484 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
3, Bishops Mead, Chepstow has an estimated sale value of £147,936 and an estimated rental value of £892 per month, assuming reasonable condition and based on the information available.
Bishops Mead, Mathern, Chepstow, NP16 lies within the NP16 postal district.
Our Data Sources
3, Bishops Mead, Chepstow has 31 entries in the Land Registry , most recently in December 2018 and a single entry in the EPC database dated March 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate 3, Bishops Mead, Chepstow would be worth £155,333, with a potential rental value of £937 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £137,580, with a rental value of £830 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Bishops Mead, Chepstow has climbed by £1,880 (1.3%) over the last year. During the same period, its estimated monthly rental value has risen by £26 (2.9%). The property's estimated gross yield is currently 7.2%.
Energy Efficiency
3, Bishops Mead, Chepstow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 25 Mar 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Bishops Mead, Chepstow last changed hands on 18th December 2018, selling for £122,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 14.7% since December 2018.
- Sold Dec 2018£122,500
- Sold Aug 2007£119,950
- Sold Feb 2006£107,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.8 kilometres of 3, Bishops Mead, Chepstow across the last 2 years.
Most recently, 9, Meads Court, Chepstow, NP16 5QE, a leasehold flat, sold at £132,500 on the 25th March 2026.
Read more about house prices in NP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 3, Bishops Mead, Chepstow as the 13th largest and the 13th most expensive of the 14 addresses on Bishops Mead, Mathern, Chepstow, NP16.
Against the NP16 postcode district average, it is £234k less expensive than the typical property.
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Schools Nearby
Public Transport Nearby
Chepstow station is the nearest stop to 3, Bishops Mead, Chepstow at 2.7 kilometres away.
- 2.7kmChepstow
- 5.8kmCaldicot
- 7.1kmSevern Tunnel Junction
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
