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According to the public record, 7 The Oaklands, Newport is a modern freehold house with 742 ft2 of internal area and sits on a 390 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7 The Oaklands, Newport is £365,105 and the estimated rental value is £1,353 per month.
Springfields, Newport, TF10 is located within the TF10 postal district.
7 The Oaklands, Newport has a single entry in the Land Registry from September 2016 and a single entry in the EPC database dated July 2016.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 7 The Oaklands, Newport is in very good condition we estimate a sale value of £383,361 and a rental value of £1,421 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £339,548 and a rental value of £1,259 per month.
Over the last 12 months the sale value of 7 The Oaklands Newport has increased by an estimated £2,948 (0.8%) and its rental value has increased by an estimated £57 per month (4.2%), giving an expected gross yield of 4.4%.
According to data from HM Land Registry, 7 The Oaklands, Newport sits on a plot of 390m2.
We have plot size data on 10 out of 10 other houses in the postcode and 7 The Oaklands, Newport sits on the 2nd largest plot.
7 The Oaklands, Newport has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Jul 2016.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7 The Oaklands, Newport was last sold on 30th September 2016 for £255,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since September 2016, the market for similar properties has risen 53.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 The Oaklands, Newport within a radius of 710 metres over the last 2 years.
The most recent example is 17, Platinum Way, Newport, TF10 7ZF, a freehold house which sold for £374,077 on the 5th April 2024.
Read more about house prices in TF10.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfields, Newport, TF10 has a total of 28 addresses. According to our analysis of all the public data, 7 The Oaklands, Newport is the 21st largest and the 13th most expensive property on the street.
When compared to the postcode district it is £42k more expensive than the average property in TF10.
The closest station to 7 The Oaklands, Newport is Oakengates station which is 9.1 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7 The Oaklands, Newport, 36.7% of property is privately owned outright and 28.5% is privately rented.
The graph below shows how this compares to West Midlands 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 The Oaklands, Newport, 26.0% of residents are recorded as possessing school level qualifications and 38.0% as possessing degree level qualifications.
The graph below shows how this compares to West Midlands and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7 The Oaklands, Newport, the average age was 41.7 and the most common age was 22.
The graph below shows how this compares to West Midlands 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 The Oaklands, Newport, 0.4% of property was a second home.
Comparison figures for West Midlands 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 The Oaklands, Newport, there are an average of 1.4 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.