3, Twyn Y Melin Close
3, Twyn Y Melin Close
Description & Estimates
Public records show 3, Twyn Y Melin Close, Newport to be a modern freehold house with 1,216 ft2 of internal area, sitting on a 256 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Twyn Y Melin Close, Newport has an estimated sale value of £352,170 and an estimated rental value of £1,401 per month, assuming reasonable condition and based on the information available.
Twyn Y Melin Close, Newport, NP19 lies within the NP19 postal district.
Our Data Sources
3, Twyn Y Melin Close, Newport has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated June 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 3, Twyn Y Melin Close, Newport would be worth £369,778, with a potential rental value of £1,472 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £327,518, with a rental value of £1,303 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, Twyn Y Melin Close, Newport has grown by £3,648 (1.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £35 (2.5%). The property's estimated gross yield is currently 4.8%.
Plot Size
3, Twyn Y Melin Close, Newport occupies a 256 m2 plot as recorded by HM Land Registry.
Of the 26 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 14th largest.
Energy Efficiency
3, Twyn Y Melin Close, Newport has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 04 Jun 2021.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Twyn Y Melin Close, Newport last changed hands on 16th July 2021, selling for £299,995. 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 dropped by 21.1% since July 2021.
- Sold Jul 2021£299,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 710 metres of 3, Twyn Y Melin Close, Newport across the last 2 years.
Most recently, 19, Twyn Y Melin Close, Newport, NP19 4EF, a freehold house, sold at £359,995 on the 5th April 2022.
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
Our analysis of the public data ranks 3, Twyn Y Melin Close, Newport as the 22nd largest and the 22nd most expensive of the 26 addresses on Twyn Y Melin Close, Newport, NP19.
Against the NP19 postcode district average, it is £150k more expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Newport (South Wales) station is the nearest stop to 3, Twyn Y Melin Close, Newport at 4.2 kilometres away.
- 4.2kmNewport (South Wales)
- 7.0kmPye Corner
- 8.9kmRogerstone
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
