3 Forge Cottages, Monmouth
3 Forge Cottages, Monmouth
Description & Estimates
Public records show 3 Forge Cottages, Monmouth to be a period freehold house with 1,011 ft2 of internal area, sitting on a 432 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3 Forge Cottages, Monmouth has an estimated sale value of £185,132 and an estimated rental value of £994 per month, assuming reasonable condition and based on the information available.
Forge Road, Osbaston, Monmouth, NP25 lies within the NP25 postal district.
Our Data Sources
3 Forge Cottages, Monmouth has a single entry in the Land Registry from April 2016 and a single entry in the EPC database dated September 2015.
We combine this information with that 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.
Price Range & Condition
In very good condition, we estimate 3 Forge Cottages, Monmouth would be worth £194,388, with a potential rental value of £1,043 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £172,173, with a rental value of £924 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 Forge Cottages, Monmouth has moved down by £3,030 (1.6%) over the last year. During the same period, its estimated monthly rental value has increased by £32 (3.2%). The property's estimated gross yield is currently 6.4%.
Plot Size
3 Forge Cottages, Monmouth occupies a 432 m2 plot as recorded by HM Land Registry.
All 4 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
3 Forge Cottages, Monmouth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 Sep 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
3 Forge Cottages, Monmouth last changed hands on 27th April 2016, selling for £137,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 14.1% since April 2016.
- Sold Apr 2016£137,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 3 Forge Cottages, Monmouth across the last 2 years.
Most recently, 18, Rolls Avenue, Monmouth, NP25 5AY, a freehold house, sold at £120,000 on the 15th April 2011.
Read more about house prices in NP25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 3 Forge Cottages, Monmouth as the 10th largest and the 10th most expensive of the 13 addresses on Forge Road, Osbaston, Monmouth, NP25.
Against the NP25 postcode district average, it is £150k less expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Lydney station is the nearest stop to 3 Forge Cottages, Monmouth at 17.6 kilometres away.
- 17.6kmLydney
- 19.8kmAbergavenny
- 20.3kmChepstow
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.
