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In this area, apartments of this size normally have 1 bedroom with a garden.
Flat 2, 41, Chepstow Road, Newport has an estimated sale value of £100,582 and an estimated rental value of £616 per month, assuming reasonable condition and based on the information available.
The apartment sits within 41, Chepstow Road, Newport, NP19.
Chepstow Road, Newport, NP19 lies within the NP19 postal district.
Flat 2, 41, Chepstow Road, Newport has no records in the the Land Registry and a single entry in the EPC database dated December 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.
In very good condition, we estimate Flat 2, 41, Chepstow Road, Newport would be worth £105,611, with a potential rental value of £647 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £93,541, with a rental value of £573 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 2, 41, Chepstow Road, Newport has climbed by £2,703 (2.7%) over the last year. During the same period, its estimated monthly rental value has risen by £26 (4.2%). The property's estimated gross yield is currently 7.4%.
Flat 2, 41, Chepstow Road, Newport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 01 Dec 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales within 400 metres of Flat 2, 41, Chepstow Road, Newport across the last 2 years.
Most recently, 45, Chepstow Road, Newport, NP19 8BX, a freehold house, sold at £400,000 on the 12th August 2020.
Read more about house prices in NP19.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 2, 41, Chepstow Road, Newport as the 671st largest and the 630th most expensive of the 692 addresses on Chepstow Road, Newport, NP19.
Against the NP19 postcode district average, it is £102k less expensive than the typical property.
Newport (South Wales) station is the nearest stop to Flat 2, 41, Chepstow Road, Newport at 800 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 41, Chepstow Road, Newport, 34.8% of property is privately rented and 33.3% is privately owned outright.
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 Flat 2, 41, Chepstow Road, Newport, 26.3% of residents are recorded as possessing school level qualifications and 20.9% 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 Flat 2, 41, Chepstow Road, Newport, the average age was 33.6 and the most common age was 32.
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 Flat 2, 41, Chepstow Road, Newport, 0.0% 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 Flat 2, 41, Chepstow Road, Newport, there are an average of 1.3 cars per household.
See below for how this compares to Wales and the rest of England & Wales.