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7, Cae Gorlan Court, Newport appears in the public record as a Leasehold apartment.
We estimate it to be a modern apartment with 670 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 7, Cae Gorlan Court, Newport is £111,712 and its rental estimate is £679 per month, given the available information and assuming reasonable condition.
Cae Gorlan Court, Abercarn, Newport, NP11 falls within the NP11 postal district.
7, Cae Gorlan Court, Newport has a single entry in the Land Registry from January 2008 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 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 7, Cae Gorlan Court, Newport, we estimate a market value of £117,297 and a rental value of £713 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £103,892 and £631 per month respectively.
Over the last year, 7, Cae Gorlan Court, Newport has seen its estimated sale value grow by £1,246 (1.1%) and its estimated rental value climb by £19 per month (2.8%). This results in an estimated gross rental yield of 7.3%.
The most recent sale of 7, Cae Gorlan Court, Newport completed on 7th January 2008 at £88,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 8.7% over the period since January 2008.
Over the past 2 years 3 properties similar to 7, Cae Gorlan Court, Newport have sold within a radius of 1.4 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th December 2022, was 8, Cae Gorlan Court, Newport, NP11 4TH, a leasehold flat which sold for £113,000.
Read more about house prices in NP11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 16 addresses on Cae Gorlan Court, Abercarn, Newport, NP11, 7, Cae Gorlan Court, Newport comes out as the 12th largest and the 12th most expensive in our analysis of the public data.
It is also £68k less expensive than the average property across the NP11 district.
From 7, Cae Gorlan Court, Newport, the nearest station is Newbridge, 1.6 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 7, Cae Gorlan Court, Newport, 39.7% of property is privately owned outright and 25.3% 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 7, Cae Gorlan Court, Newport, 10.9% of residents are recorded as possessing school level qualifications and 28.4% 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 7, Cae Gorlan Court, Newport, the average age was 40.8 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 7, Cae Gorlan Court, Newport, 0.7% 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 7, Cae Gorlan Court, Newport, there are an average of 1.2 cars per household.
See below for how this compares to Wales and the rest of England & Wales.