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68, Ariel Reach, Newport is recorded publicly as a modern leasehold apartment across 269 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 68, Ariel Reach, Newport is £83,025 and its rental estimate is £546 per month, given the available information and assuming reasonable condition.
Ariel Reach, Newport, NP20 falls within the NP20 postal district.
68, Ariel Reach, Newport has 2 entries in the Land Registry , most recently in March 2019 and a single entry in the EPC database dated November 2018.
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.
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 68, Ariel Reach, Newport, we estimate a market value of £87,177 and a rental value of £574 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £77,214 and £508 per month respectively.
Over the last year, 68, Ariel Reach, Newport has seen its estimated sale value climb by £1,687 (2.0%) and its estimated rental value rise by £20 per month (3.7%). This results in an estimated gross rental yield of 7.9%.
68, Ariel Reach, Newport has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 29 Nov 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
The most recent sale of 68, Ariel Reach, Newport completed on 22nd March 2019 at £66,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 40.7% over the period since March 2019.
Over the past 2 years 3 properties similar to 68, Ariel Reach, Newport have sold within a radius of 640 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th October 2023, was 72, Ariel Reach, Newport, NP20 2FP, a leasehold flat which sold for £91,000.
Read more about house prices in NP20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 71 addresses on Ariel Reach, Newport, NP20, 68, Ariel Reach, Newport comes out as the 67th largest and the 67th most expensive in our analysis of the public data.
It is also £128k less expensive than the average property across the NP20 district.
From 68, Ariel Reach, Newport, the nearest station is Newport (South Wales), 2.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 68, Ariel Reach, Newport, 43.6% of property is privately rented and 35.4% 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 68, Ariel Reach, Newport, 12.7% of residents are recorded as possessing school level qualifications and 38.4% 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 68, Ariel Reach, Newport, the average age was 33.6 and the most common age was 32.
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 68, Ariel Reach, 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 68, Ariel Reach, Newport, there are an average of 1.0 cars per household.
See below for how this compares to Wales and the rest of England & Wales.