Meridale, Chepstow
Meridale, Chepstow
Description & Estimates
The public record describes Meridale, Chepstow as a period house with 1,743 ft2 of internal area, sitting on a 395 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
Meridale, Chepstow has an estimated sale value of £644,457 and an estimated rental value of £2,123 per month, assuming reasonable condition and based on the information available.
Welsh Street, Chepstow, NP16 lies within the NP16 postal district.
Our Data Sources
Meridale, Chepstow has no records in the the Land Registry and a single entry in the EPC database dated March 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.
Price Range & Condition
In very good condition, we estimate Meridale, Chepstow would be worth £676,680, with a potential rental value of £2,229 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £599,345, with a rental value of £1,974 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 Meridale, Chepstow has fallen by £1,857 (0.3%) over the last year. During the same period, its estimated monthly rental value has moved up by £22 (1.0%). The property's estimated gross yield is currently 4.0%.
Plot Size
Meridale, Chepstow occupies a 395 m2 plot as recorded by HM Land Registry.
Of the 3 other houses in this postcode, 2 have recorded plot sizes, and this one ranks as the 2nd largest.
Energy Efficiency
Meridale, Chepstow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Mar 2023.
The property is connected to mains gas and has full secondary glazing. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of Meridale, Chepstow across the last 2 years.
Most recently, 10A, Hardwick Avenue, Chepstow, NP16 5DJ, a freehold house, sold at £700,000 on the 1st November 2024.
Read more about house prices in NP16.
•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 Meridale, Chepstow as the 13th largest and the 11th most expensive of the 80 addresses on Welsh Street, Chepstow, NP16.
Against the NP16 postcode district average, it is £263k more expensive than the typical property.
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Schools Nearby
- 1.2kmLift Offa's Mead
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Public Transport Nearby
Chepstow station is the nearest stop to Meridale, Chepstow at 600 metres away.
- 600mChepstow
- 8.3kmCaldicot
- 9.3kmSevern Beach
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
