4, Twyn Y Melin Close
4, Twyn Y Melin Close
Description & Estimates
4, Twyn Y Melin Close, Newport is recorded publicly as a modern freehold house across 1,216 ft2 of internal area.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Twyn Y Melin Close, Newport is £352,170 and its rental estimate is £1,401 per month, given the available information and assuming reasonable condition.
Twyn Y Melin Close, Newport, NP19 falls within the NP19 postal district.
Our Data Sources
4, Twyn Y Melin Close, Newport has a single entry in the Land Registry from April 2021 and a single entry in the EPC database dated March 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 4, Twyn Y Melin Close, Newport, we estimate a market value of £369,778 and a rental value of £1,472 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £327,518 and £1,303 per month respectively.
Recent Market Change
Over the last year, 4, Twyn Y Melin Close, Newport has seen its estimated sale value climb by £3,648 (1.0%) and its estimated rental value rise by £35 per month (2.5%). This results in an estimated gross rental yield of 4.8%.
Energy Efficiency
4, Twyn Y Melin Close, Newport has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 17 Mar 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
The most recent sale of 4, Twyn Y Melin Close, Newport completed on 30th April 2021 at £299,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 18.8% over the period since April 2021.
- Sold Apr 2021£299,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Twyn Y Melin Close, Newport have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 25th June 2021, was 8, Twyn Y Melin Close, Newport, NP19 4EF, a freehold house which sold for £314,995.
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
Of the 26 addresses on Twyn Y Melin Close, Newport, NP19, 4, Twyn Y Melin Close, Newport comes out as the 20th largest and the 20th most expensive in our analysis of the public data.
It is also £150k more expensive than the average property across the NP19 district.
More reading links
Schools Nearby
Public Transport Nearby
From 4, Twyn Y Melin Close, Newport, the nearest station is Newport (South Wales), 4.2 kilometres away.
- 4.2kmNewport (South Wales)
- 7.0kmPye Corner
- 8.9kmRogerstone
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
