Flat, 44-45
Flat, 44-45
Description & Estimates
The public record lists Flat, 44-45, Commercial Road, Newport as a Leasehold apartment.
Comparison with its neighbours suggests a period apartment with 727 ft2 of internal area and a garden.
In this area, apartments of this size normally have 2 bedrooms.
Flat, 44-45, Commercial Road, Newport has an estimated sale value of £49,135 and an estimated rental value of £356 per month, assuming reasonable condition and based on the information available.
Commercial Road, Newport, NP20 lies within the NP20 postal district.
Our Data Sources
Flat, 44-45, Commercial Road, Newport has 21 entries in the Land Registry , most recently in March 2011 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat, 44-45, Commercial Road, Newport would be worth £51,592, with a potential rental value of £374 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £45,696, with a rental value of £331 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat, 44-45, Commercial Road, Newport has increased by £1,185 (2.4%) over the last year. During the same period, its estimated monthly rental value has grown by £14 (4.0%). The property's estimated gross yield is currently 8.7%.
Sold Prices
Flat, 44-45, Commercial Road, Newport last changed hands on 18th March 2011, selling for £85,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 210.0% since March 2011.
- Sold Mar 2011£85,000
- Sold Aug 2003£120,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 440 metres of Flat, 44-45, Commercial Road, Newport across the last 2 years.
Most recently, Flat 4, 32A , Commercial Road, Newport, NP20 2PB, a leasehold flat, sold at £137,500 on the 25th March 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
Our analysis of the public data ranks Flat, 44-45, Commercial Road, Newport as the 90th largest and the 272nd most expensive of the 321 addresses on Commercial Road, Newport, NP20.
Against the NP20 postcode district average, it is £162k less expensive than the typical property.
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Schools Nearby
Public Transport Nearby
Newport (South Wales) station is the nearest stop to Flat, 44-45, Commercial Road, Newport at 1.3 kilometres away.
- 1.3kmNewport (South Wales)
- 3.5kmPye Corner
- 5.5kmRogerstone
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
