5, Leading Reen Way
5, Leading Reen Way
Description & Estimates
Public records show 5, Leading Reen Way, Newport to be a modern freehold house with 1,248 ft2 of internal area.
In this area, houses of this size normally have 4 bedrooms with a garden.
5, Leading Reen Way, Newport has an estimated sale value of £368,931 and an estimated rental value of £1,453 per month, assuming reasonable condition and based on the information available.
Leading Reen Way, Newport, NP19 lies within the NP19 postal district.
Our Data Sources
5, Leading Reen Way, Newport has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated July 2024.
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
In very good condition, we estimate 5, Leading Reen Way, Newport would be worth £387,377, with a potential rental value of £1,526 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £343,105, with a rental value of £1,351 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 5, Leading Reen Way, Newport has grown by £3,822 (1.0%) over the last year. During the same period, its estimated monthly rental value has climbed by £36 (2.5%). The property's estimated gross yield is currently 4.7%.
Energy Efficiency
5, Leading Reen Way, Newport has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 Jul 2024.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
5, Leading Reen Way, Newport last changed hands on 11th October 2024, selling for £376,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 28.0% since October 2024.
- Sold Oct 2024£376,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 5, Leading Reen Way, Newport across the last 2 years.
Most recently, 21, Leading Reen Way, Newport, NP19 4FS, a freehold house, sold at £378,000 on the 20th December 2024.
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
Our analysis of the public data ranks 5, Leading Reen Way, Newport as the 23rd largest and the 11th most expensive of the 110 addresses on Leading Reen Way, Newport, NP19.
Against the NP19 postcode district average, it is £166k more expensive than the typical property.
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Schools Nearby
Public Transport Nearby
Newport (South Wales) station is the nearest stop to 5, Leading Reen Way, Newport at 4.9 kilometres away.
- 4.9kmNewport (South Wales)
- 7.8kmPye Corner
- 9.6kmRogerstone
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
