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Company No. 11113204
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According to the public record, 488, Chepstow Road, Newport is a period house with 1,453 ft2 of internal area and sits on a 610 m2 plot.
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 488, Chepstow Road, Newport is £356,488 and the estimated rental value is £1,410 per month.
Chepstow Road, Newport, NP19 is located within the NP19 postal district.
488, Chepstow Road, Newport has no records in the the Land Registry and a single entry in the EPC database dated September 2018.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 488, Chepstow Road, Newport is in very good condition we estimate a sale value of £374,313 and a rental value of £1,481 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £331,534 and a rental value of £1,312 per month.
Over the last 12 months the sale value of 488 Chepstow Road Newport has increased by an estimated £3,693 (1.0%) and its rental value has increased by an estimated £35 per month (2.5%), giving an expected gross yield of 4.7%.
According to data from HM Land Registry, 488, Chepstow Road, Newport sits on a plot of 610m2.
We have plot size data on 16 out of 16 other houses in the postcode and 488, Chepstow Road, Newport sits on the 8th largest plot.
488, Chepstow Road, Newport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 2018.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 488, Chepstow Road, Newport within a radius of 590 metres over the last 2 years.
The most recent example is 504, Chepstow Road, Newport, NP19 9DB, a freehold house which sold for £385,000 on the 16th February 2023.
Read more about house prices in NP19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chepstow Road, Newport, NP19 has a total of 692 addresses. According to our analysis of all the public data, 488, Chepstow Road, Newport is the 111th largest and the 34th most expensive property on the street.
When compared to the postcode district it is £154k more expensive than the average property in NP19.
The closest station to 488, Chepstow Road, Newport is Newport (South Wales) station which is 3.0 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
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 488, Chepstow Road, Newport, 45.2% of property is privately owned outright and 44.4% 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 488, Chepstow Road, Newport, 12.1% of residents are recorded as possessing school level qualifications and 33.8% 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 488, Chepstow Road, Newport, the average age was 44.9 and the most common age was 57.
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 488, Chepstow Road, 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 488, Chepstow Road, Newport, there are an average of 1.4 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
