Flat 2, 46
Flat 2, 46
Description & Estimates
Flat 2, 46, Commercial Road, Newport is described in the public record as a period apartment with 602 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 2, 46, Commercial Road, Newport is £45,598 and its rental estimate is £347 per month, given the available information and assuming reasonable condition.
46, Commercial Road is a residential building on Commercial Road, Newport, NP20 and falls within the NP20 postal district.
Our Data Sources
Flat 2, 46, Commercial Road, Newport has no records in the the Land Registry and a single entry in the EPC database dated August 2020.
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, 46, Commercial Road, Newport, we estimate a market value of £47,878 and a rental value of £364 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £42,406 and £323 per month respectively.
Recent Market Change
Over the last year, Flat 2, 46, Commercial Road, Newport has seen its estimated sale value increase by £744 (1.6%) and its estimated rental value grow by £12 per month (3.6%). This results in an estimated gross rental yield of 9.1%.
Energy Efficiency
Flat 2, 46, Commercial Road, Newport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 450 metres of Flat 2, 46, Commercial Road, Newport, per the Land Registry and our network of Estate Agents.
The latest, on the 5th April 2024, was 97, Dolphin Street, Newport, NP20 2AR, a freehold house which sold for £128,000.
Read more about house prices in NP20.
- Sold Apr 2024£128,000 | 4 Bed House97, Dolphin Street, Newport, NP20 2AR97, Dolphin Street, Newport, NP20 2AR
- Sold Jun 2015£115,000 | 3 Bed FlatFlat 1, 35A , Commercial Road, Newport, NP20 2PEFlat 1, 35A , Commercial Road, Newport, NP20 2PE
- Sold Mar 2011£85,000 | 2 Bed FlatFlat, 44-45, Commercial Road, Newport, NP20 2PEFlat, 44-45, Commercial Road, Newport, NP20 2PE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 321 addresses on Commercial Road, Newport, NP20, Flat 2, 46, Commercial Road, Newport comes out as the 126th largest and the 288th most expensive in our analysis of the public data.
It is also £166k less expensive than the average property across the NP20 district.
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Schools Nearby
Public Transport Nearby
From Flat 2, 46, Commercial Road, Newport, the nearest station is Newport (South Wales), 1.3 kilometres away.
- 1.3kmNewport (South Wales)
- 3.5kmPye Corner
- 5.5kmRogerstone
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.
