5, Chippenhamgate Street
5, Chippenhamgate Street
Description & Estimates
5, Chippenhamgate Street, Monmouth is recorded publicly as a period Leasehold apartment across 484 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 5, Chippenhamgate Street, Monmouth is £241,927 and its rental estimate is £910 per month, given the available information and assuming reasonable condition.
5, Chippenhamgate Street is a residential building on Chippenhamgate Street, Monmouth, NP25 and falls within the NP25 postal district.
Our Data Sources
5, Chippenhamgate Street, Monmouth has 41 entries in the Land Registry , most recently in February 2011 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Chippenhamgate Street, Monmouth, we estimate a market value of £254,023 and a rental value of £955 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,992 and £846 per month respectively.
Recent Market Change
Over the last year, 5, Chippenhamgate Street, Monmouth has seen its estimated sale value drop by £3,423 (1.4%) and its estimated rental value rise by £35 per month (3.8%). This results in an estimated gross rental yield of 4.5%.
Energy Efficiency
5, Chippenhamgate Street, Monmouth has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 5, Chippenhamgate Street, Monmouth completed on 14th February 2011 at £170,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 33.6% over the period since February 2011.
- Sold Feb 2011£170,000
- Sold Sep 2002£125,000
- Sold Apr 1999£71,537
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to 5, Chippenhamgate Street, Monmouth has sold within a radius of 890 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 7th November 2018, was Flat 14, Monmouth House, Hereford Road, Monmouth, NP25 3PY, a leasehold flat which sold for £210,000.
Read more about house prices in NP25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 10 addresses on Chippenhamgate Street, Monmouth, NP25, 5, Chippenhamgate Street, Monmouth comes out as the 10th largest and the 9th most expensive in our analysis of the public data.
It is also £93k less expensive than the average property across the NP25 district.
More reading links
Schools Nearby
Public Transport Nearby
From 5, Chippenhamgate Street, Monmouth, the nearest station is Lydney, 16.5 kilometres away.
- 16.5kmLydney
- 19.2kmChepstow
- 20.4kmAbergavenny
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
