Wye Lea, Monmouth
Wye Lea, Monmouth
Description & Estimates
Wye Lea, Monmouth appears in the public record as a freehold house.
By comparing it to nearby properties, we estimate it to be an early-century house with 1,367 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of Wye Lea, Monmouth is £474,417 and its rental estimate is £1,322 per month, given the available information and assuming reasonable condition.
New Dixton Road, Monmouth, NP25 falls within the NP25 postal district.
Our Data Sources
Wye Lea, Monmouth has 21 entries in the Land Registry , most recently in October 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 Wye Lea, Monmouth, we estimate a market value of £498,138 and a rental value of £1,388 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £441,208 and £1,229 per month respectively.
Recent Market Change
Over the last year, Wye Lea, Monmouth has seen its estimated sale value fall by £11,200 (2.4%) and its estimated rental value move up by £39 per month (3.0%). This results in an estimated gross rental yield of 3.3%.
Sold Prices
The most recent sale of Wye Lea, Monmouth completed on 31st October 2013 at £267,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 46.5% over the period since October 2013.
- Sold Oct 2013£267,500
- Sold May 2004£176,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Wye Lea, Monmouth have sold within a radius of 1.3 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2022, was Priory Mead, New Dixton Road, Monmouth, NP25 3PR, a freehold house which sold for £481,000.
Read more about house prices in NP25.
- Sold Mar 2022£481,000 | 3 Bed HousePriory Mead, New Dixton Road, Monmouth, NP25 3PRPriory Mead, New Dixton Road, Monmouth, NP25 3PR
- Sold Jun 2021£395,000 | 3 Bed HouseSpenwood, New Dixton Road, Monmouth, NP25 3PRSpenwood, New Dixton Road, Monmouth, NP25 3PR
- Sold Jul 2011£315,000 | 4 Bed HouseClovelly, New Dixton Road, Monmouth, NP25 3PRClovelly, New Dixton Road, Monmouth, NP25 3PR
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 43 addresses on New Dixton Road, Monmouth, NP25, Wye Lea, Monmouth comes out as the 29th largest and the 28th most expensive in our analysis of the public data.
It is also £139k more expensive than the average property across the NP25 district.
More reading links
Schools Nearby
Public Transport Nearby
From Wye Lea, Monmouth, the nearest station is Lydney, 16.6 kilometres away.
- 16.6kmLydney
- 19.9kmChepstow
- 20.9kmAbergavenny
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.
