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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 40, Canal Close, Newport is a modern freehold house with 1,582 ft2 of internal area.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 40, Canal Close, Newport is £446,198 and the estimated rental value is £1,502 per month.
Canal Close, Newport, TF10 is located within the TF10 postal district.
40, Canal Close, Newport has a single entry in the Land Registry from December 2022 and a single entry in the EPC database dated November 2022.
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.
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 40, Canal Close, Newport is in very good condition we estimate a sale value of £468,507 and a rental value of £1,577 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £414,964 and a rental value of £1,397 per month.
Over the last 12 months the sale value of 40 Canal Close Newport has decreased by an estimated £6,095 (1.4%) and its rental value has increased by an estimated £34 per month (2.2%), giving an expected gross yield of 4%.
40, Canal Close, Newport has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 30 Nov 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 40, Canal Close, Newport was last sold on 14th December 2022 for £475,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since December 2022, the market for similar properties has risen 1.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 40, Canal Close, Newport within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 38, Canal Close, Newport, TF10 8FD, a freehold house which sold for £499,995 on the 16th December 2022.
Read more about house prices in TF10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Canal Close, Newport, TF10 has a total of 38 addresses. According to our analysis of all the public data, 40, Canal Close, Newport is the 4th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £121k more expensive than the average property in TF10.
The closest station to 40, Canal Close, Newport is Oakengates station which is 11.1 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 40, Canal Close, Newport, 47.8% of property is privately owned outright and 47.0% is privately owned with a mortgage.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 40, Canal Close, Newport, 19.1% of residents are recorded as possessing school level qualifications and 45.4% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 40, Canal Close, Newport, the average age was 43.7 and the most common age was 22.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 40, Canal Close, Newport, 0.5% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 40, Canal Close, Newport, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.
