6, Parva Springs
6, Parva Springs
Description & Estimates
6, Parva Springs, Chepstow is recorded publicly as an early-century freehold house across 1,485 ft2 of internal area, sitting on a 702 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 6, Parva Springs, Chepstow is £433,977 and its rental estimate is £1,844 per month, given the available information and assuming reasonable condition.
Parva Springs, Tintern, Chepstow, NP16 falls within the NP16 postal district.
Our Data Sources
6, Parva Springs, Chepstow has 2 entries in the Land Registry , most recently in November 2015 and a single entry in the EPC database dated March 2015.
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 6, Parva Springs, Chepstow, we estimate a market value of £455,676 and a rental value of £1,937 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £403,598 and £1,715 per month respectively.
Recent Market Change
Over the last year, 6, Parva Springs, Chepstow has seen its estimated sale value move down by £1,250 (0.3%) and its estimated rental value increase by £19 per month (1.0%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 6, Parva Springs, Chepstow as measuring 702 m2.
That makes it the 8th largest plot in the postcode, where 18 of the 20 other houses have recorded plot data.
Energy Efficiency
6, Parva Springs, Chepstow has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 14 Mar 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, bottled LPG.
Sold Prices
The most recent sale of 6, Parva Springs, Chepstow completed on 4th November 2015 at £286,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 38.4% over the period since November 2015.
- Sold Nov 2015£286,500
- Sold Sep 2007£265,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 6, Parva Springs, Chepstow have sold within a radius of 4.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd September 2022, was Gwyn Stores House, Chepstow, NP16 6TH, a freehold house which sold for £408,000.
Read more about house prices in NP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 20 addresses on Parva Springs, Tintern, Chepstow, NP16, 6, Parva Springs, Chepstow comes out as the 10th largest and the 12th most expensive in our analysis of the public data.
It is also £52k more expensive than the average property across the NP16 district.
More reading links
Schools Nearby
- 4.4kmSt Briavels Parochial Church of England Primary School
- 5.9kmTutshill Church of England Primary School
- 6.8kmWoolaston Primary School
- 7.3kmWyedean School and Sixth Form Centre
More reading links
Public Transport Nearby
From 6, Parva Springs, Chepstow, the nearest station is Chepstow, 7.4 kilometres away.
- 7.4kmChepstow
- 10.6kmLydney
- 14.2kmCaldicot
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.
