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According to the public record, 144B, Malpas Road, Newport is a period leasehold apartment with 688 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 144B, Malpas Road, Newport is £113,784 and the estimated rental value is £749 per month.
The apartment is within 144, Malpas Road, Newport, NP20.
Malpas Road, Newport, NP20 is located within the NP20 postal district.
144B, Malpas Road, Newport has a single entry in the Land Registry from September 2023 and a single entry in the EPC database dated February 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 144B, Malpas Road, Newport is in very good condition we estimate a sale value of £119,474 and a rental value of £786 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £105,819 and a rental value of £696 per month.
Over the last 12 months the sale value of 144B Malpas Road Newport has increased by an estimated £1,857 (1.6%) and its rental value has increased by an estimated £27 per month (3.6%), giving an expected gross yield of 7.9%.
144B, Malpas Road, Newport has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 09 Feb 2022.
The property is not connected to mains gas and has mostly double glazing. It is heated using Electric storage heaters.
According to HM Land Registry, 144B, Malpas Road, Newport was last sold on 8th September 2023 for £110,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since September 2023, the market for similar properties has risen 13.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 144B, Malpas Road, Newport within a radius of 620 metres over the last 2 years.
The most recent example is 10, Malpas Road, Newport, NP20 5PA, a leasehold flat which sold for £100,000 on the 16th August 2024.
Read more about house prices in NP20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Malpas Road, Newport, NP20 has a total of 394 addresses. According to our analysis of all the public data, 144B, Malpas Road, Newport is the 343rd largest and the 368th most expensive property on the street.
When compared to the postcode district it is £98k less expensive than the average property in NP20.
The closest station to 144B, Malpas Road, Newport is Newport (South Wales) station which is 1.2 kilometres away.
According to recent data from Ofcom, ultrafast broadband is available in this area.
According to recent data from Ofcom, Ultrafast 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 144B, Malpas Road, Newport, 45.3% of property is privately owned outright and 36.8% 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 144B, Malpas Road, Newport, 15.0% of residents are recorded as possessing school level qualifications and 23.8% 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 144B, Malpas Road, Newport, the average age was 38.7 and the most common age was 32.
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 144B, Malpas Road, Newport, 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 144B, Malpas Road, Newport, there are an average of 1.1 cars per household.
See below for how this compares to Wales and the rest of England & Wales.
