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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, Flat 2, 8, Fairlee Road, Newport is a early-century leasehold apartment with 462 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, 8, Fairlee Road, Newport is £137,114 and the estimated rental value is £639 per month.
The apartment is within 8, Fairlee Road, Newport, PO30.
Fairlee Road, Newport, PO30 is located within the PO30 postal district.
Flat 2, 8, Fairlee Road, Newport has a single entry in the Land Registry from March 2024 and a single entry in the EPC database dated November 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
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, 8, Fairlee Road, Newport is in very good condition we estimate a sale value of £143,970 and a rental value of £671 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £127,516 and a rental value of £594 per month.
Over the last 12 months the sale value of Flat 2 8 Fairlee Road Newport has decreased by an estimated £4,380 (3.2%) and its rental value has increased by an estimated £26 per month (4.1%), giving an expected gross yield of 5.6%.
Flat 2, 8, Fairlee Road, Newport has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 27 Nov 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
According to HM Land Registry, Flat 2, 8, Fairlee Road, Newport was last sold on 22nd March 2024 for £183,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2024, the market for similar properties has dropped 42.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 8, Fairlee Road, Newport within a radius of 590 metres over the last 2 years.
The most recent example is 6, St. Marys Court 28, Robin Hood Street, Newport, PO30 2DZ, a leasehold flat which sold for £134,500 on the 17th December 2024.
Read more about house prices in PO30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Fairlee Road, Newport, PO30 has a total of 267 addresses. According to our analysis of all the public data, Flat 2, 8, Fairlee Road, Newport is the 262nd largest and the 215th most expensive property on the street.
When compared to the postcode district it is £125k less expensive than the average property in PO30.
The closest station to Flat 2, 8, Fairlee Road, Newport is Smallbrook Junction station which is 9.5 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 8, Fairlee Road, Newport, 32.1% of property is privately owned with a mortgage and 30.9% is privately owned outright.
The graph below shows how this compares to South East 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, 8, Fairlee Road, Newport, 20.8% of residents are recorded as possessing school level qualifications and 22.4% as possessing degree level qualifications.
The graph below shows how this compares to South East 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, 8, Fairlee Road, Newport, the average age was 41.6 and the most common age was 32.
The graph below shows how this compares to South East 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, 8, Fairlee Road, Newport, 0.0% of property was a second home.
Comparison figures for South East 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, 8, Fairlee Road, Newport, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
