Flat 2, 405
Flat 2, 405
Description & Estimates
The public record describes Flat 2, 405, Chepstow Road, Newport as a period apartment with 850 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 2, 405, Chepstow Road, Newport has an estimated sale value of £149,005 and an estimated rental value of £882 per month, assuming reasonable condition and based on the information available.
The apartment sits within 405, Chepstow Road, Newport, NP19.
Chepstow Road, Newport, NP19 lies within the NP19 postal district.
Our Data Sources
Flat 2, 405, Chepstow Road, Newport has no records in the the Land Registry and a single entry in the EPC database dated October 2018.
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
In very good condition, we estimate Flat 2, 405, Chepstow Road, Newport would be worth £156,455, with a potential rental value of £926 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £138,574, with a rental value of £820 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 2, 405, Chepstow Road, Newport has risen by £1,151 (0.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £20 (2.2%). The property's estimated gross yield is currently 7.1%.
Energy Efficiency
Flat 2, 405, Chepstow Road, Newport has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 12 Oct 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of Flat 2, 405, Chepstow Road, Newport across the last 2 years.
Most recently, Flat 12, Pen Y Lan Court, Gibbs Road, Newport, NP19 8AQ, a leasehold flat, sold at £130,000 on the 6th January 2023.
Read more about house prices in NP19.
- Sold Jan 2023£130,000 | 2 Bed FlatPen Y Lan Court, Gibbs RoadFlat 12, Pen Y Lan Court, Gibbs Road, Newport, NP19 8AQ
- Sold Mar 2020£145,000 | 2 Bed FlatGibbs Road1, Gibbs Road, Newport, NP19 8AR
- Sold Jan 2014£69,000 | 3 Bed FlatGlanmor Court, Glanmor CrescentFlat 1, Glanmor Court, Glanmor Crescent, Newport, NP19 8AX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 2, 405, Chepstow Road, Newport as the 390th largest and the 472nd most expensive of the 692 addresses on Chepstow Road, Newport, NP19.
Against the NP19 postcode district average, it is £54k less expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Newport (South Wales) station is the nearest stop to Flat 2, 405, Chepstow Road, Newport at 2.5 kilometres away.
- 2.5kmNewport (South Wales)
- 5.5kmPye Corner
- 7.2kmRogerstone
Available Internet Speeds
Ofcom's latest figures show ultrafast broadband available in this area.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
