5, Lodge Road
5, Lodge Road
Description & Estimates
5, Lodge Road, Newport is recorded publicly as an early-century leasehold house across 1,442 ft2 of internal area, sitting on a 305 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Lodge Road, Newport is £409,701 and its rental estimate is £1,654 per month, given the available information and assuming reasonable condition.
Lodge Road, Caerleon, Newport, NP18 falls within the NP18 postal district.
Our Data Sources
5, Lodge Road, Newport has 21 entries in the Land Registry , most recently in August 2018 and a single entry in the EPC database dated April 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Lodge Road, Newport, we estimate a market value of £430,186 and a rental value of £1,737 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £381,022 and £1,539 per month respectively.
Recent Market Change
Over the last year, 5, Lodge Road, Newport has seen its estimated sale value grow by £5,444 (1.3%) and its estimated rental value climb by £43 per month (2.6%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for 5, Lodge Road, Newport as measuring 305 m2.
That makes it the 6th largest plot in the postcode, where 12 of the 13 other houses have recorded plot data.
Energy Efficiency
5, Lodge Road, Newport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Apr 2018.
The property is connected to mains gas and has partial multiple glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 5, Lodge Road, Newport completed on 24th August 2018 at £349,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 37.7% over the period since August 2018.
- Sold Aug 2018£349,000
- Sold Nov 2004£240,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Lodge Road, Newport have sold within a radius of 910 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2024, was 23, Goldcroft Common, Newport, NP18 1NG, a freehold house which sold for £403,000.
Read more about house prices in NP18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 69 addresses on Lodge Road, Caerleon, Newport, NP18, 5, Lodge Road, Newport comes out as the 24th largest and the 33rd most expensive in our analysis of the public data.
It is also £63k more expensive than the average property across the NP18 district.
More reading links
Schools Nearby
Public Transport Nearby
From 5, Lodge Road, Newport, the nearest station is Newport (South Wales), 3.7 kilometres away.
- 3.7kmNewport (South Wales)
- 6.3kmCwmbran
- 6.6kmPye Corner
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
