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In this area, apartments of this size normally have 1 bedroom.
Flat 2, 56, Cardiff Road, Newport has an estimated sale value of £111,514 and an estimated rental value of £598 per month, assuming reasonable condition and based on the information available.
The apartment sits within 56, Cardiff Road, Newport, NP20.
Cardiff Road, Newport, NP20 lies within the NP20 postal district.
Flat 2, 56, Cardiff Road, Newport has no records in the the Land Registry and a single entry in the EPC database dated September 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
In very good condition, we estimate Flat 2, 56, Cardiff Road, Newport would be worth £117,090, with a potential rental value of £628 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £103,708, with a rental value of £557 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, 56, Cardiff Road, Newport has risen by £2,266 (2.0%) over the last year. During the same period, its estimated monthly rental value has moved up by £22 (3.7%). The property's estimated gross yield is currently 6.4%.
Flat 2, 56, Cardiff Road, Newport has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 08 Sep 2022.
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 1 sale of a comparable property within 460 metres of Flat 2, 56, Cardiff Road, Newport across the last 2 years.
Most recently, 131-132, Lower Dock Street, Newport, NP20 1EG, a leasehold flat, sold at £120,000 on the 21st January 2022.
Read more about house prices in NP20.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 2, 56, Cardiff Road, Newport as the 262nd largest and the 219th most expensive of the 273 addresses on Cardiff Road, Newport, NP20.
Against the NP20 postcode district average, it is £100k less expensive than the typical property.
Newport (South Wales) station is the nearest stop to Flat 2, 56, Cardiff Road, Newport at 1.0 kilometres 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, 56, Cardiff Road, Newport, 58.7% of property is privately rented and 36.8% is socially rented.
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, 56, Cardiff Road, Newport, 7.1% of residents are recorded as possessing school level qualifications and 40.8% 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, 56, Cardiff Road, Newport, the average age was 40.6 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, 56, Cardiff Road, Newport, 1.2% 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, 56, Cardiff Road, Newport, there are an average of 0.4 cars per household.
See below for how this compares to Wales and the rest of England & Wales.