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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 8, Ridgeway, Monmouth is a freehold house.
By comparing it to neighbours, we estimate that it is a mid-century house with 1,066 ft2 of internal area and a garden.
Houses of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Ridgeway, Monmouth is £330,115 and the estimated rental value is £1,320 per month.
Ridgeway, Wyesham, Monmouth, NP25 is located within the NP25 postal district.
8, Ridgeway, Monmouth has a single entry in the Land Registry from May 2007 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.
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 8, Ridgeway, Monmouth is in very good condition we estimate a sale value of £346,621 and a rental value of £1,386 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £307,007 and a rental value of £1,227 per month.
Over the past 12 months, the estimated sale value of 8, Ridgeway, Monmouth has moved down by £5,403 (1.6%), while its estimated rental value has increased by £43 per month (3.2%). Based on current estimates, the property offers a gross rental yield of 4.8%.
According to HM Land Registry, 8, Ridgeway, Monmouth was last sold on 18th May 2007 for £165,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2007, the market for similar properties has risen by 74.1%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Ridgeway, Monmouth within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 21, Ridgeway, Monmouth, NP25 3JX, a freehold house which sold for £247,050 on the 30th November 2021.
Read more about house prices in NP25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Ridgeway, Wyesham, Monmouth, NP25 has a total of 25 addresses. According to our analysis of all the public data, 8, Ridgeway, Monmouth is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £5k less expensive than the average property in NP25.
The closest station to 8, Ridgeway, Monmouth is Lydney station, which is 15.8 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 8, Ridgeway, Monmouth, 49.7% of property is privately owned outright and 25.5% 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 8, Ridgeway, Monmouth, 17.5% of residents are recorded as possessing school level qualifications and 37.5% 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 8, Ridgeway, Monmouth, the average age was 45.3 and the most common age was 57.
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 8, Ridgeway, Monmouth, 0.0% 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 8, Ridgeway, Monmouth, there are an average of 1.3 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
