Flat 2, 296
Flat 2, 296
Description & Estimates
Flat 2, 296, Chepstow Road, Newport is described in the public record as a period apartment with 613 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 296, Chepstow Road, Newport is £298,418 and its rental estimate is £1,459 per month, given the available information and assuming reasonable condition.
296, Chepstow Road is a residential building on Chepstow Road, Newport, NP19 and falls within the NP19 postal district.
Our Data Sources
Flat 2, 296, Chepstow Road, Newport has no records in the the Land Registry and a single entry in the EPC database dated September 2023.
We combine this information with public data 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.
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 Flat 2, 296, Chepstow Road, Newport, we estimate a market value of £313,339 and a rental value of £1,532 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £277,529 and £1,357 per month respectively.
Recent Market Change
Over the last year, Flat 2, 296, Chepstow Road, Newport has seen its estimated sale value move up by £3,995 (1.3%) and its estimated rental value increase by £40 per month (2.7%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
Flat 2, 296, Chepstow Road, Newport has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 12 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
Over the past 2 years 2 properties similar to Flat 2, 296, Chepstow Road, Newport have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd March 2020, was 268A, Chepstow Road, Newport, NP19 8NN, a leasehold flat which sold for £62,500.
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
Of the 692 addresses on Chepstow Road, Newport, NP19, Flat 2, 296, Chepstow Road, Newport comes out as the 515th largest and the 100th most expensive in our analysis of the public data.
It is also £96k more expensive than the average property across the NP19 district.
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Schools Nearby
Public Transport Nearby
From Flat 2, 296, Chepstow Road, Newport, the nearest station is Newport (South Wales), 1.9 kilometres away.
- 1.9kmNewport (South Wales)
- 4.9kmPye Corner
- 6.6kmRogerstone
Available Internet Speeds
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
