Melrose Pencoed Lane

    MELROSE, PENCOED LANE, LLANMARTIN, NEWPORT, NP18 2ED

    This detached freehold property on Pencoed Lane last sold in May 2022 for £530,000. Based on price growth in the NP18 district since then, its estimated current value is £524,272 — placing it in the 81st percentile nationally and the 86th percentile within NP18. The property covers 158 m² (1,701 sq ft), giving an estimated value of £3,318 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,701 sq ft

    158 m²

    Last Sale Price

    £530,000

    May 2022

    Estimated Valuation

    £524,272

    Est. £/sq ft

    £308/sq ft

    £3,318/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,701 sq ft (158 m²)
    EPC dateNov 2021
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 May 2022

    £530,000

    20 Oct 2017

    £348,348

    10 Jun 2005

    £335,000

    14 May 2004

    £54,074

    Key Metrics

    Estimated valuation£524,272
    Value per sq ft / m²£308/sq ft (£3,318/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    NP18 district percentile86th percentile
    National percentile81st percentile

    District Context — NP18

    NP18 covers parts of the Monmouth area in south-east Wales, situated on the English border. It is a quieter, more mature community with strong owner-occupation and professional employment.

    Average Property Price - NP18

    £341,777

    54

    National percentile

    Average Net Household Income - NP18

    £39,304

    55

    National percentile

    10-Year Annualised Price Growth - NP18

    4.5%

    80

    National percentile

    10-Year Annualised Rent Growth - NP

    4.9%

    94

    National percentile

    View full analysis for NP18

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