7, Bishops Mead
7, Bishops Mead
Description & Estimates
7, Bishops Mead, Chepstow is described in the public record as a modern apartment with 656 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 7, Bishops Mead, Chepstow is £170,189 and its rental estimate is £971 per month, given the available information and assuming reasonable condition.
Bishops Mead, Mathern, Chepstow, NP16 falls within the NP16 postal district.
Our Data Sources
7, Bishops Mead, Chepstow has no recent1 records in the the Land Registry and a single entry in the EPC database dated April 2019.
We combine this information with public data 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 7, Bishops Mead, Chepstow, we estimate a market value of £178,698 and a rental value of £1,020 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £158,275 and £903 per month respectively.
Recent Market Change
Over the last year, 7, Bishops Mead, Chepstow has seen its estimated sale value climb by £2,162 (1.3%) and its estimated rental value rise by £28 per month (2.9%). This results in an estimated gross rental yield of 6.8%.
Energy Efficiency
7, Bishops Mead, Chepstow has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 7, Bishops Mead, Chepstow completed on 28th April 2000 at £55,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Apr 2000£55,000
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to 7, Bishops Mead, Chepstow have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 9th August 2024, was 16, Meads Court, Chepstow, NP16 5QE, a leasehold flat which sold for £150,000.
Read more about house prices in NP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 14 addresses on Bishops Mead, Mathern, Chepstow, NP16, 7, Bishops Mead, Chepstow comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £212k less expensive than the average property across the NP16 district.
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Schools Nearby
Public Transport Nearby
From 7, Bishops Mead, Chepstow, the nearest station is Chepstow, 2.7 kilometres away.
- 2.7kmChepstow
- 5.8kmCaldicot
- 7.1kmSevern Tunnel Junction
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.
