8, Lancaster Way
8, Lancaster Way
Description & Estimates
8, Lancaster Way, Monmouth is recorded publicly as a modern freehold house across 861 ft2 of internal area, sitting on a 561 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 8, Lancaster Way, Monmouth is £326,243 and its rental estimate is £1,219 per month, given the available information and assuming reasonable condition.
Lancaster Way, Osbaston, Monmouth, NP25 falls within the NP25 postal district.
Our Data Sources
8, Lancaster Way, Monmouth has a single entry in the Land Registry from June 2021 and a single entry in the EPC database dated April 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 8, Lancaster Way, Monmouth, we estimate a market value of £342,555 and a rental value of £1,280 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £303,406 and £1,134 per month respectively.
Recent Market Change
Over the last year, 8, Lancaster Way, Monmouth has seen its estimated sale value decline by £5,339 (1.6%) and its estimated rental value climb by £40 per month (3.2%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 8, Lancaster Way, Monmouth as measuring 561 m2.
That makes it the 16th largest plot in the postcode, where all 26 other houses have recorded plot data.
Energy Efficiency
8, Lancaster Way, Monmouth has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 07 Apr 2021.
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 8, Lancaster Way, Monmouth completed on 28th June 2021 at £326,000 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 19.3% over the period since June 2021.
- Sold Jun 2021£326,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 8, Lancaster Way, Monmouth have sold within a radius of 1.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th September 2024, was 23, Maddox Close, Monmouth, NP25 3BG, a freehold house which sold for £422,000.
Read more about house prices in NP25.
- Sold Sep 2024£422,000 | 3 Bed House23, Maddox Close, Monmouth, NP25 3BG23, Maddox Close, Monmouth, NP25 3BG
- Sold Feb 2022£370,000 | 3 Bed House15, Maddox Close, Monmouth, NP25 3BG15, Maddox Close, Monmouth, NP25 3BG
- Sold Nov 2021£360,000 | 3 Bed House12, Lancaster Way, Monmouth, NP25 3BE12, Lancaster Way, Monmouth, NP25 3BE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 26 addresses on Lancaster Way, Osbaston, Monmouth, NP25, 8, Lancaster Way, Monmouth comes out as the 25th largest and the 26th most expensive in our analysis of the public data.
It is also £9k less expensive than the average property across the NP25 district.
More reading links
Schools Nearby
Public Transport Nearby
From 8, Lancaster Way, Monmouth, the nearest station is Lydney, 18.1 kilometres away.
- 18.1kmLydney
- 19.8kmAbergavenny
- 21.0kmChepstow
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.
