Oakfield, Newport
Oakfield, Newport
Description & Estimates
Public records show Oakfield, Newport to be a period freehold house with 2,206 ft2 of internal area, sitting on a 618 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
Oakfield, Newport has an estimated sale value of £488,486 and an estimated rental value of £2,145 per month, assuming reasonable condition and based on the information available.
Caerleon Road, Ponthir, Newport, NP18 lies within the NP18 postal district.
Our Data Sources
Oakfield, Newport has a single entry in the Land Registry from January 2021 and a single entry in the EPC database dated May 2019.
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.
Price Range & Condition
In very good condition, we estimate Oakfield, Newport would be worth £512,910, with a potential rental value of £2,252 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £454,292, with a rental value of £1,995 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 Oakfield, Newport has grown by £3,533 (0.7%) over the last year. During the same period, its estimated monthly rental value has climbed by £41 (1.9%). The property's estimated gross yield is currently 5.3%.
Plot Size
Oakfield, Newport occupies a 618 m2 plot as recorded by HM Land Registry.
Energy Efficiency
Oakfield, Newport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Oakfield, Newport last changed hands on 15th January 2021, selling for £415,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 26.9% since January 2021.
- Sold Jan 2021£415,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.8 kilometres of Oakfield, Newport across the last 2 years.
Most recently, Lamb House, Caerleon Road, Newport, NP18 1GD, a freehold house, sold at £650,000 on the 10th July 2024.
Read more about house prices in NP18.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Oakfield, Newport as the 9th largest and the 15th most expensive of the 62 addresses on Caerleon Road, Ponthir, Newport, NP18.
Against the NP18 postcode district average, it is £142k more expensive than the typical property.
More reading links
Schools Nearby
Public Transport Nearby
Cwmbran station is the nearest stop to Oakfield, Newport at 4.0 kilometres away.
- 4.0kmCwmbran
- 4.9kmNewport (South Wales)
- 7.2kmPye Corner
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
