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Public records show 48, Ariel Reach, Newport to be a modern leasehold apartment with 290 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom.
48, Ariel Reach, Newport has an estimated sale value of £86,095 and an estimated rental value of £567 per month, assuming reasonable condition and based on the information available.
Ariel Reach, Newport, NP20 lies within the NP20 postal district.
48, Ariel Reach, Newport has 2 entries in the Land Registry , most recently in December 2017 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 5 out of 5 and is considered of high accuracy.
In very good condition, we estimate 48, Ariel Reach, Newport would be worth £90,399, with a potential rental value of £595 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £80,068, with a rental value of £527 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 48, Ariel Reach, Newport has increased by £1,749 (2.0%) over the last year. During the same period, its estimated monthly rental value has grown by £21 (3.7%). The property's estimated gross yield is currently 7.9%.
48, Ariel Reach, Newport has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Nov 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
48, Ariel Reach, Newport last changed hands on 21st December 2017, selling for £51,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 53.9% since December 2017.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 640 metres of 48, Ariel Reach, Newport across the last 2 years.
Most recently, 33, Ariel Close, Newport, NP20 2FN, a leasehold flat, sold at £92,000 on the 17th January 2025.
Read more about house prices in NP20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 48, Ariel Reach, Newport as the 62nd largest and the 62nd most expensive of the 71 addresses on Ariel Reach, Newport, NP20.
Against the NP20 postcode district average, it is £125k less expensive than the typical property.
Newport (South Wales) station is the nearest stop to 48, Ariel Reach, Newport at 2.0 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 48, Ariel Reach, Newport, 43.6% of property is privately rented and 35.4% is privately owned with a mortgage.
The graph below shows how this compares to Wales 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 48, Ariel Reach, Newport, 12.7% of residents are recorded as possessing school level qualifications and 38.4% as possessing degree level qualifications.
The graph below shows how this compares to Wales and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 48, Ariel Reach, Newport, the average age was 33.6 and the most common age was 32.
The graph below shows how this compares to Wales 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 48, Ariel Reach, Newport, 0.0% of property was a second home.
Comparison figures for Wales 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 48, Ariel Reach, Newport, there are an average of 1.0 cars per household.
See below for how this compares to Wales and the rest of England & Wales.