38, Tramway Close
38, Tramway Close
Description & Estimates
Public records show 38, Tramway Close, Cwmbran to be a modern freehold house with 731 ft2 of internal area, sitting on a 179 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
38, Tramway Close, Cwmbran has an estimated sale value of £193,537 and an estimated rental value of £1,167 per month, assuming reasonable condition and based on the information available.
Tramway Close, Fairwater, Cwmbran, NP44 lies within the NP44 postal district.
Our Data Sources
38, Tramway Close, Cwmbran has 21 entries in the Land Registry , most recently in February 2020 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 38, Tramway Close, Cwmbran would be worth £203,214, with a potential rental value of £1,226 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £179,989, with a rental value of £1,086 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 38, Tramway Close, Cwmbran has moved up by £3,650 (1.9%) over the last year. During the same period, its estimated monthly rental value has increased by £40 (3.4%). The property's estimated gross yield is currently 7.2%.
Plot Size
38, Tramway Close, Cwmbran occupies a 179 m2 plot as recorded by HM Land Registry.
Of the 25 other houses in this postcode, 20 have recorded plot sizes, and this one ranks as the 5th largest.
Energy Efficiency
38, Tramway Close, Cwmbran has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Nov 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
38, Tramway Close, Cwmbran last changed hands on 3rd February 2020, selling for £138,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 40.8% since February 2020.
- Sold Feb 2020£138,000
- Sold Aug 2006£150,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 710 metres of 38, Tramway Close, Cwmbran across the last 2 years.
Most recently, 50, Tramway Close, Cwmbran, NP44 6UT, a freehold house, sold at £228,000 on the 11th November 2024.
Read more about house prices in NP44.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 38, Tramway Close, Cwmbran as the 36th largest and the 34th most expensive of the 62 addresses on Tramway Close, Fairwater, Cwmbran, NP44.
Against the NP44 postcode district average, it is £26k less expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Cwmbran station is the nearest stop to 38, Tramway Close, Cwmbran at 3.2 kilometres away.
- 3.2kmCwmbran
- 4.8kmRisca & Pontymister
- 5.2kmRogerstone
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.
