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According to the public record, 1B, Upper Nelson Street, Chepstow is a modern freehold house with 473 ft2 of internal area and sits on a 29.9 m2 plot.
Houses of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 1B, Upper Nelson Street, Chepstow is £184,743 and the estimated rental value is £993 per month.
Upper Nelson Street, Chepstow, NP16 is located within the NP16 postal district.
1B, Upper Nelson Street, Chepstow has a single entry in the Land Registry from July 2021 and a single entry in the EPC database dated July 2020.
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 1B, Upper Nelson Street, Chepstow is in very good condition we estimate a sale value of £193,980 and a rental value of £1,043 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £171,811 and a rental value of £923 per month.
Over the last 12 months the sale value of 1B Upper Nelson Street Chepstow has decreased by an estimated £308 (0.2%) and its rental value has increased by an estimated £38 per month (3.8%), giving an expected gross yield of 6.4%.
According to data from HM Land Registry, 1B, Upper Nelson Street, Chepstow sits on a plot of 30m2.
We have plot size data on 2 out of 3 other houses in the postcode and 1B, Upper Nelson Street, Chepstow sits on the 4th largest plot.
1B, Upper Nelson Street, Chepstow has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 22 Jul 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 1B, Upper Nelson Street, Chepstow was last sold on 22nd July 2021 for £160,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since July 2021, the market for similar properties has risen 31.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1B, Upper Nelson Street, Chepstow within a radius of 660 metres over the last 2 years.
The most recent example is 1C, Upper Nelson Street, Chepstow, NP16 5PG, a freehold house which sold for £170,000 on the 3rd September 2021.
Read more about house prices in NP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Upper Nelson Street, Chepstow, NP16 has a total of 8 addresses. According to our analysis of all the public data, 1B, Upper Nelson Street, Chepstow is the 5th largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £191k less expensive than the average property in NP16.
The closest station to 1B, Upper Nelson Street, Chepstow is Chepstow station which is 200 metres away.
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 1B, Upper Nelson Street, Chepstow, 56.0% of property is privately rented and 20.6% 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 1B, Upper Nelson Street, Chepstow, 15.5% of residents are recorded as possessing school level qualifications and 40.4% 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 1B, Upper Nelson Street, Chepstow, the average age was 42.4 and the most common age was 52.
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 1B, Upper Nelson Street, Chepstow, 0.4% 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 1B, Upper Nelson Street, Chepstow, there are an average of 1.1 cars per household.
See below for how this compares to Wales and the rest of England & Wales.