9, Leading Reen Way
9, Leading Reen Way
Description & Estimates
According to the public record, 9, Leading Reen Way, Newport is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,406 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 9, Leading Reen Way, Newport is £392,783 and the estimated rental value is £1,515 per month.
Leading Reen Way, Newport, NP19 is located within the NP19 postal district.
Our Data Sources
9, 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
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 9, Leading Reen Way, Newport is in very good condition we estimate a sale value of £412,422 and a rental value of £1,591 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £365,288 and a rental value of £1,409 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 9, Leading Reen Way, Newport has moved up by £4,069 (1.0%), while its estimated rental value has increased by £38 per month (2.5%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Sold Prices
According to HM Land Registry, 9, Leading Reen Way, Newport was last sold on 28th June 2024 for £299,995 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2024, the market for similar properties has dropped by 27.9%.
- Sold Jun 2024£299,995
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 9, Leading Reen Way, Newport within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 17, Leading Reen Way, Newport, NP19 4FS, a freehold house which sold for £299,995 on the 28th June 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
Leading Reen Way, Newport, NP19 has a total of 110 addresses. According to our analysis of all the public data, 9, Leading Reen Way, Newport is the 12th largest and the 7th most expensive property on the street.
When compared to the postcode district it is £190k more expensive than the average property in NP19.
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Schools Nearby
Public Transport Nearby
The closest station to 9, Leading Reen Way, Newport is Newport (South Wales) station, which is 4.9 kilometres away.
- 4.9kmNewport (South Wales)
- 7.8kmPye Corner
- 9.6kmRogerstone
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
