According to the public record, 8 Butter Cross Court, Newport is a modern leasehold apartment with 797 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
The apartment is in Butter Cross Court, Stafford Street, Newport, TF10.
Stafford Street, Newport, TF10 is located within the TF10 postal district.
8 Butter Cross Court, Newport has a single entry in the Land Registry database from July 2018 and a single entry in the EPC database dated November 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 8 Butter Cross Court Newport as £212,046 and the rental value as £940 per month giving an expected gross yield of 5.3%.
Over the last 12 months the sale value of 8 Butter Cross Court Newport has increased by £7,914 (3.7%) and its rental value has increased by £39 per month (4.1%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8 Butter Cross Court, Newport is in very good condition we estimate a sale value of £222,648 and rental value of £988 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £197,202 and a rental value of £875 per month.
If you were able to purchase this property for the estimated value of £212,046, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,042 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to HM Land Registry, 8 Butter Cross Court, Newport was last sold on 19 Jul 2018 for £178,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since Jul 2018, the market for similar properties has risen 28.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8 Butter Cross Court, Newport within a radius of 550 metres over the last 2 years.
The most recent example is 5 Butter Cross Court, Stafford Street, Newport, TF10 7UD, a Leasehold flat which sold for £200,000 in Apr 2022.
Read more about house prices in TF10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Stafford Street, Newport, TF10 has a total of 64 addresses. According to our analysis of all the public data, 8 Butter Cross Court, Newport is the 17th largest and the 14th most expensive property on the street.
When compared to the postcode district it is £106k less expensive than the average property in TF10.
8 Butter Cross Court, Newport has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Nov 2011.
The property is not connected to mains gas and has fully double glazed windows. It is heated using electric storage heaters.
The closest station to 8 Butter Cross Court, Newport is Oakengates station which is 9.8 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8 Butter Cross Court, Newport, 46.5% of property is privately rented and 20.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8 Butter Cross Court, Newport, 22.3% of residents are recorded as possessing school level qualifications and 32.0% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8 Butter Cross Court, Newport, the average age was 41.7 and the most common age was 22.
The graph below shows how this compares to West Midlands and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8 Butter Cross Court, Newport, 0.3% of property was a second home.
Comparison figures for West Midlands and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8 Butter Cross Court, Newport, there are an average of 1.1 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.