71, Leading Reen Way
71, Leading Reen Way
Description & Estimates
71, Leading Reen Way, Newport appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be a modern house with 1,169 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 71, Leading Reen Way, Newport is £340,720 and its rental estimate is £1,376 per month, given the available information and assuming reasonable condition.
Leading Reen Way, Newport, NP19 falls within the NP19 postal district.
Our Data Sources
71, Leading Reen Way, Newport has a single entry in the Land Registry from June 2024 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 5 out of 5 and is considered of high 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 71, Leading Reen Way, Newport, we estimate a market value of £357,756 and a rental value of £1,445 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £316,869 and £1,280 per month respectively.
Recent Market Change
Over the last year, 71, Leading Reen Way, Newport has seen its estimated sale value move up by £3,530 (1.0%) and its estimated rental value increase by £34 per month (2.5%). This results in an estimated gross rental yield of 4.8%.
Sold Prices
The most recent sale of 71, Leading Reen Way, Newport completed on 28th June 2024 at £239,995 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 27.9% over the period since June 2024.
- Sold Jun 2024£239,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 71, Leading Reen Way, Newport have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th June 2024, was 69, Leading Reen Way, Newport, NP19 4FS, a freehold house which sold for £236,500.
Read more about house prices in NP19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 110 addresses on Leading Reen Way, Newport, NP19, 71, Leading Reen Way, Newport comes out as the 28th largest and the 18th most expensive in our analysis of the public data.
It is also £138k more expensive than the average property across the NP19 district.
More reading links
Schools Nearby
Public Transport Nearby
From 71, Leading Reen Way, Newport, the nearest station is Newport (South Wales), 4.9 kilometres away.
- 4.9kmNewport (South Wales)
- 7.8kmPye Corner
- 9.6kmRogerstone
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
