Spring Cottage, Monmouth
Spring Cottage, Monmouth
Description & Estimates
Spring Cottage, Monmouth is recorded publicly as a period freehold house across 1,797 ft2 of internal area, sitting on a 1,420 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of Spring Cottage, Monmouth is £641,209 and its rental estimate is £1,617 per month, given the available information and assuming reasonable condition.
Mitchel Troy Common, Monmouth, NP25 falls within the NP25 postal district.
Our Data Sources
Spring Cottage, Monmouth has a single entry in the Land Registry from January 2018 and a single entry in the EPC database dated July 2017.
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
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 Spring Cottage, Monmouth, we estimate a market value of £673,270 and a rental value of £1,698 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £596,324 and £1,504 per month respectively.
Recent Market Change
Over the last year, Spring Cottage, Monmouth has seen its estimated sale value move down by £15,137 (2.4%) and its estimated rental value increase by £48 per month (3.0%). This results in an estimated gross rental yield of 3.0%.
Plot Size
HM Land Registry records the plot of land for Spring Cottage, Monmouth as measuring 1,420 m2.
That makes it the 10th largest plot in the postcode, where 12 of the 28 other houses have recorded plot data.
Energy Efficiency
Spring Cottage, Monmouth has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 25 Jul 2017.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, oil.
Sold Prices
The most recent sale of Spring Cottage, Monmouth completed on 31st January 2018 at £333,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 7.3% over the period since January 2018.
- Sold Jan 2018£333,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Spring Cottage, Monmouth have sold within a radius of 3.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th August 2022, was Braefield, Monmouth, NP25 4JQ, a freehold house which sold for £717,000.
Read more about house prices in NP25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 45 addresses on Mitchel Troy Common, Monmouth, NP25, Spring Cottage, Monmouth comes out as the 28th largest and the 14th most expensive in our analysis of the public data.
It is also £306k more expensive than the average property across the NP25 district.
More reading links
Schools Nearby
Public Transport Nearby
From Spring Cottage, Monmouth, the nearest station is Lydney, 15.7 kilometres away.
- 15.7kmLydney
- 16.0kmChepstow
- 19.4kmAbergavenny
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.
