Flat 2, 3
Flat 2, 3
Description & Estimates
Flat 2, 3, Station Road, Newport appears in the public record as a leasehold apartment.
We estimate it to be a period apartment with 1,245 ft2 of internal area by comparing it to nearby properties.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 2, 3, Station Road, Newport is £227,015 and its rental estimate is £1,065 per month, given the available information and assuming reasonable condition.
3, Station Road is a residential building on Station Road, Caerleon, Newport, NP18 and falls within the NP18 postal district.
Our Data Sources
Flat 2, 3, Station Road, Newport has a single entry in the Land Registry from September 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 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, 3, Station Road, Newport, we estimate a market value of £238,366 and a rental value of £1,118 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £211,124 and £991 per month respectively.
Recent Market Change
Over the last year, Flat 2, 3, Station Road, Newport has seen its estimated sale value climb by £1,711 (0.8%) and its estimated rental value rise by £24 per month (2.3%). This results in an estimated gross rental yield of 5.6%.
Sold Prices
The most recent sale of Flat 2, 3, Station Road, Newport completed on 28th September 2007 at £249,999 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 13.3% over the period since September 2007.
- Sold Sep 2007£249,999
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 970 metres of Flat 2, 3, Station Road, Newport, per the Land Registry and our network of Estate Agents.
The latest, on the 24th August 2023, was 37, Goldcroft Common, Newport, NP18 1NG, a freehold house which sold for £270,000.
Read more about house prices in NP18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 34 addresses on Station Road, Caerleon, Newport, NP18, Flat 2, 3, Station Road, Newport comes out as the 15th largest and the 16th most expensive in our analysis of the public data.
It is also £119k less expensive than the average property across the NP18 district.
More reading links
Schools Nearby
Public Transport Nearby
From Flat 2, 3, Station Road, Newport, the nearest station is Newport (South Wales), 3.9 kilometres away.
- 3.9kmNewport (South Wales)
- 6.3kmCwmbran
- 6.8kmPye Corner
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
