73, Leading Reen Way
73, Leading Reen Way
Description & Estimates
The public record lists 73, Leading Reen Way, Newport as a freehold house.
Comparison with its neighbours suggests a modern house with 1,407 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
73, Leading Reen Way, Newport has an estimated sale value of £392,999 and an estimated rental value of £1,516 per month, assuming reasonable condition and based on the information available.
Leading Reen Way, Newport, NP19 lies within the NP19 postal district.
Our Data Sources
73, Leading Reen Way, Newport has a single entry in the Land Registry from May 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
In very good condition, we estimate 73, Leading Reen Way, Newport would be worth £412,649, with a potential rental value of £1,592 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £365,489, with a rental value of £1,410 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 73, Leading Reen Way, Newport has moved up by £4,071 (1.0%) over the last year. During the same period, its estimated monthly rental value has increased by £38 (2.5%). The property's estimated gross yield is currently 4.6%.
Sold Prices
73, Leading Reen Way, Newport last changed hands on 31st May 2024, selling for £298,995. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 27.6% since May 2024.
- Sold May 2024£298,995
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 73, Leading Reen Way, Newport across the last 2 years.
Most recently, 57, Leading Reen Way, Newport, NP19 4FS, a freehold house, sold at £299,995 on the 20th September 2024.
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
Our analysis of the public data ranks 73, Leading Reen Way, Newport as the 8th largest and the 4th most expensive of the 110 addresses on Leading Reen Way, Newport, NP19.
Against the NP19 postcode district average, it is £190k more expensive than the typical property.
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Schools Nearby
Public Transport Nearby
Newport (South Wales) station is the nearest stop to 73, Leading Reen Way, Newport at 4.9 kilometres away.
- 4.9kmNewport (South Wales)
- 7.8kmPye Corner
- 9.6kmRogerstone
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
