Flat 2, 40A
Flat 2, 40A
Description & Estimates
According to the public record, Flat 2, 40A, Commercial Road, Newport is a modern apartment with 344 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 40A, Commercial Road, Newport is £35,740 and the estimated rental value is £283 per month.
The apartment is within 40A, Commercial Road, Newport, NP20.
Commercial Road, Newport, NP20 is located within the NP20 postal district.
Our Data Sources
Flat 2, 40A, Commercial Road, Newport has no records in the the Land Registry and a single entry in the EPC database dated June 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
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 Flat 2, 40A, Commercial Road, Newport is in very good condition we estimate a sale value of £37,527 and a rental value of £298 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £33,238 and a rental value of £264 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, 40A, Commercial Road, Newport has grown by £726 (2.0%), while its estimated rental value has climbed by £11 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 9.5%.
Energy Efficiency
Flat 2, 40A, Commercial Road, Newport has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Jun 2018.
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
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 40A, Commercial Road, Newport within a radius of 450 metres over the last 2 years.
The most recent example is Flat A, 140A , Commercial Road, Newport, NP20 2PJ, a leasehold flat which sold for £35,500 on the 29th September 2022.
Read more about house prices in NP20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Commercial Road, Newport, NP20 has a total of 321 addresses. According to our analysis of all the public data, Flat 2, 40A, Commercial Road, Newport is the 273rd largest and the 309th most expensive property on the street.
When compared to the postcode district it is £176k less expensive than the average property in NP20.
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Schools Nearby
Public Transport Nearby
The closest station to Flat 2, 40A, Commercial Road, Newport is Newport (South Wales) station, which is 1.3 kilometres away.
- 1.3kmNewport (South Wales)
- 3.5kmPye Corner
- 5.5kmRogerstone
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
