Number One Real Estate says ..

Property Oracle says ..

Laburnum Close is located in Rogerstone, Newport, with a postcode of NP10 9JQ. The property is a terraced house with two bedrooms and one bathroom, and has a total area of 1,183.98 sqft. The plot size is 625 sqft. The list price for this property is £180,000.

The average house price in the area is £400,449, with an average size of 1,131 sqft and an average price per sqft of £354. Nearby properties on Laburnum Close have sold for prices ranging from £59,000 to £420,000, indicating a wide price range in the street. This variation suggests that property values are influenced by factors beyond just size and location.

The property benefits from a relatively small garden area, which is enclosed by fencing and contains a garden shed. The garden is mainly gravelled. The property appears to be in reasonable condition, although some minor repairs and cosmetic updates may be required to enhance its overall appeal. The carpet in the living room shows signs of wear and tear. The kitchen and bathroom appear functional but could benefit from modernisation.

Considering the property’s location, condition, and the size of the land, the list price of £180,000 appears to be relatively reasonable, particularly when compared to the lower end of the price range of similar properties on Laburnum Close. However, the average house price in the wider area is significantly higher, suggesting that this property may be undervalued. The lack of information on the property’s estimate and the limited data on nearby listings makes it difficult to assess its value with complete certainty. Further investigation may be needed to determine a precise market valuation.

The property is conveniently located near Rogerstone train station (0.31 KM), providing easy access to public transportation. Several primary and secondary schools are within a reasonable distance, making it an attractive option for families. The proximity to these amenities contributes positively to the property’s overall desirability.

Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *

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