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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
According to the public record, Millfield, Chepstow is a mid-century freehold house with 1,808 ft2 of internal area and sits on a 1,624 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Millfield, Chepstow is £773,714 and the estimated rental value is £2,215 per month.
Brockweir, Chepstow, NP16 is located in the borough of Forest of Dean within the NP16 postal district.
Millfield, Chepstow has a single entry in the Land Registry from November 2018 and a single entry in the EPC database dated August 2023.
We combine this information with that 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.
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 Millfield, Chepstow is in very good condition we estimate a sale value of £812,400 and a rental value of £2,326 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £719,554 and a rental value of £2,060 per month.
Over the last 12 months the sale value of Millfield Chepstow has decreased by an estimated £21,406 (2.8%) and its rental value has increased by an estimated £48 per month (2.2%), giving an expected gross yield of 3.4%.
According to data from HM Land Registry, Millfield, Chepstow sits on a plot of 1624m2.
We have plot size data on 6 out of 18 other houses in the postcode and Millfield, Chepstow sits on the 5th largest plot.
Millfield, Chepstow has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Aug 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, oil.
According to HM Land Registry, Millfield, Chepstow was last sold on 12th November 2018 for £650,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since November 2018, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Millfield, Chepstow within a radius of 4.6 kilometres over the last 2 years.
The most recent example is Apple Acre, Bailey Lane, Lydney, GL15 6XE, a freehold house which sold for £880,000 on the 2nd September 2022.
Read more about house prices in NP16.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Brockweir, Chepstow, NP16 has a total of 114 addresses. According to our analysis of all the public data, Millfield, Chepstow is the 46th largest and the 15th most expensive property on the street.
When compared to the postcode district it is £398k more expensive than the average property in NP16.
The closest station to Millfield, Chepstow is Chepstow station which is 8.1 kilometres away.
According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around Millfield, Chepstow, 64.3% of property is privately owned outright and 25.6% is privately owned with a mortgage.
The graph below shows how this compares to South West 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 Millfield, Chepstow, 12.3% of residents are recorded as possessing school level qualifications and 51.5% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Millfield, Chepstow, the average age was 44.4 and the most common age was 72.
The graph below shows how this compares to South West 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 Millfield, Chepstow, 1.7% of property was a second home.
Comparison figures for South West 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 Millfield, Chepstow, there are an average of 2.1 cars per household.
See below for how this compares to South West and the rest of England & Wales.
