Powells says ..
Land at Norman Street is an extremely desirable amenity 0.73 acre land parcel with polytunnels and buildings with roadside access offering amenity, conservation and archaeological appeal.
Property Oracle says ..
This property in Caerleon, Newport, is a plot of land measuring 15,004.03 sqft, currently lacking any residential building. The site does however include several garden structures, including sheds and polytunnels. Aerial photography reveals a sizable garden area, which appears somewhat overgrown and may require landscaping work. The location is within Caerleon, a village with a strong sense of community and history, near to schools and transport links, however the specific street’s immediate environment requires further investigation. The list price is significantly less than those of nearby houses, reflecting the absence of a dwelling and the need for work on the land. The size of the plot offers potential for development, but prospective buyers should be prepared for significant investment in landscaping and potential renovations. The lack of comparable property sales data for similar undeveloped plots hinders a precise evaluation of its market value.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 6
- Condition
- 4
- Location
- 7
- Land
- 8
- Bedrooms
- 0
- Bathrooms
- 0
- Sqft (est)
- 28,725.11
- Lot (est)
- 15,004.03
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 360,833.00 £Decreased by 13.57 %
- Est sale value
- 10,082,513.61 £Decreased by 9.07 %
- Average area rental value
- 1,178.00 £/moIncreased by 8.17 %
- Est letting value
- 28,725.11 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.92 %Increased by 25.24 %
- Crime Rate
- 14.00 %Unchanged by 0.00 %
Agent Activity
Powells created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Caerleon Comprehensive School | Welsh Establishment | 0.45 KM | |
| Ysgol Gymraeg Nant Gwenlli | Welsh Establishment | 1.52 KM | |
| St Julian'S School | Welsh Establishment | 2.74 KM | |
| Somerton Primary School | Welsh Establishment | 2.88 KM | |
| Alway Primary | Welsh Establishment | 2.92 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Norman Terrace | £ 0 | 0 | 0.00 KM |
| Llew-a-Dor Cwrt | £ 400,000 | 0 | 0.00 KM |
| Cold Bath Road | £ 375,000 | 0 | 0.00 KM |
| Lansdowne Road | £ 220,000 | 0 | 0.00 KM |
| Carlton Terrace | £ 425,000 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Newport (South Wales) | 3674 | NWP | 5.68 KM |
| Cwmbran | 3738 | CWM | 8.40 KM |
| Pye Corner | 1663 | PYE | 9.84 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| Caerleon, Newport, NP18 1BB | £ 50,000 | COMMERCIAL_BUY | 6 / 10 | 0.00 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 3 Norman Street | £ 185,000 | 0.00 KM |
| 7 Norman Street | £ 267,500 | 0.00 KM |
| 12 Norman Street | £ 225,000 | 0.00 KM |
| 14 Norman Street | £ 290,000 | 0.01 KM |
| 2 Norman Street | £ 71,500 | 0.01 KM |