31, Platinum Way
31, Platinum Way
Description & Estimates
According to the public record, 31, Platinum Way, Newport is a modern apartment with 796 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 31, Platinum Way, Newport is £167,383 and the estimated rental value is £766 per month.
Platinum Way, Newport, TF10 is located within the TF10 postal district.
Our Data Sources
31, Platinum Way, Newport has no records in the the Land Registry and a single entry in the EPC database dated September 2024.
We combine this information with public data 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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 31, Platinum Way, Newport is in very good condition we estimate a sale value of £175,752 and a rental value of £804 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £155,666 and a rental value of £713 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 31, Platinum Way, Newport has fallen by £1,818 (1.1%), while its estimated rental value has moved up by £18 per month (2.3%). Based on current estimates, the property offers a gross rental yield of 5.5%.
Energy Efficiency
31, Platinum Way, Newport has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Sep 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there has been 1 sale of a property similar to 31, Platinum Way, Newport within a radius of 800 metres over the last 2 years.
The most recent example is 2 St. Marys, Granville Avenue, Newport, TF10 7DX, a leasehold flat which sold for £182,000 on the 22nd March 2024.
Read more about house prices in TF10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Platinum Way, Newport, TF10 has a total of 128 addresses. According to our analysis of all the public data, 31, Platinum Way, Newport is the 57th largest and the 57th most expensive property on the street.
When compared to the postcode district it is £158k less expensive than the average property in TF10.
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Schools Nearby
- 400mNewport Infant School and Nursery
- 500mChurch Aston Infant School
- 600mMoorfield Primary School
- 600mNewport Girls' High School Academy
- 600mThe Burton Borough School
- 1.1kmHaberdashers' Adams
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Public Transport Nearby
The closest station to 31, Platinum Way, Newport is Oakengates station, which is 9.1 kilometres away.
- 9.1kmOakengates
- 9.9kmTelford Central
- 10.5kmShifnal
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
