According to the public record, Hoffentlich, Newport is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,223 ft2 of internal area and a garden.
Houses of this size in this area normally have 4 bedrooms.
Tibberton, Newport, TF10 is located within the TF10 postal district.
Hoffentlich, Newport has a single entry in the Land Registry database from May 2021 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.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Hoffentlich Newport as £454,213 and the rental value as £1,606 per month giving an expected gross yield of 4.2%.
Over the last 12 months the sale value of Hoffentlich Newport has increased by £8,026 (1.8%) and its rental value has increased by £43 per month (2.7%).
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 Hoffentlich, Newport is in very good condition we estimate a sale value of £476,924 and rental value of £1,687 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £422,418 and a rental value of £1,494 per month.
If you were able to purchase this property for the estimated value of £454,213, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £2,232 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, Hoffentlich, Newport was last sold on 28 May 2021 for £405,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 14.7%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Hoffentlich, Newport within a radius of 5.2 kilometres over the last 2 years.
The most recent example is 25, Marl Grove, Newport, TF10 8PG, a Freehold house which sold for £480,000 in Mar 2024.
Read more about house prices in TF10.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Tibberton, Newport, TF10 has a total of 138 addresses. According to our analysis of all the public data, Hoffentlich, Newport is the 101st largest and the 101st most expensive property on the street.
When compared to the postcode district it is £136k more expensive than the average property in TF10.
The closest station to Hoffentlich, Newport is Wellington (Shropshire) station which is 8.8 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 Hoffentlich, Newport, 45.4% of property is privately owned outright and 37.6% 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 Hoffentlich, Newport, 22.2% of residents are recorded as possessing school level qualifications and 47.0% 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 Hoffentlich, Newport, the average age was 44.1 and the most common age was 17.
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 Hoffentlich, Newport, 2.3% 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 Hoffentlich, Newport, there are an average of 1.9 cars per household.
See below for how this compares to West Midlands and the rest of England & Wales.