Merldon Bungalow, Newport
Merldon Bungalow, Newport
Description & Estimates
Merldon Bungalow, Newport is recorded publicly as a mid-century freehold house across 1,097 ft2 of internal area, sitting on a 861 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of Merldon Bungalow, Newport is £419,918 and its rental estimate is £1,690 per month, given the available information and assuming reasonable condition.
Llandevaud, Newport, NP18 falls within the NP18 postal district.
Our Data Sources
Merldon Bungalow, Newport has 31 entries in the Land Registry , most recently in December 2023 and a single entry in the EPC database dated July 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 Merldon Bungalow, Newport, we estimate a market value of £440,914 and a rental value of £1,774 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £390,524 and £1,572 per month respectively.
Recent Market Change
Over the last year, Merldon Bungalow, Newport has seen its estimated sale value rise by £8,393 (2.0%) and its estimated rental value move up by £52 per month (3.1%). This results in an estimated gross rental yield of 4.8%.
Plot Size
HM Land Registry records the plot of land for Merldon Bungalow, Newport as measuring 861 m2.
That makes it the 9th largest plot in the postcode, where 26 of the 52 other houses have recorded plot data.
Energy Efficiency
Merldon Bungalow, Newport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Jul 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Merldon Bungalow, Newport completed on 18th December 2023 at £448,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 21.2% over the period since December 2023.
- Sold Dec 2023£448,000
- Sold Oct 2014£282,500
- Sold Oct 2006£249,950
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Merldon Bungalow, Newport have sold within a radius of 2.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th November 2020, was Traeth-Hir, Newport, NP18 2AF, a freehold house which sold for £315,000.
Read more about house prices in NP18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 126 addresses on Llandevaud, Newport, NP18, Merldon Bungalow, Newport comes out as the 85th largest and the 74th most expensive in our analysis of the public data.
It is also £74k more expensive than the average property across the NP18 district.
More reading links
Schools Nearby
Public Transport Nearby
From Merldon Bungalow, Newport, the nearest station is Severn Tunnel Junction, 6.5 kilometres away.
- 6.5kmSevern Tunnel Junction
- 7.7kmCaldicot
- 9.5kmNewport (South Wales)
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.
