Flat 1, Classic House, 6 Chain Lane, Newport, PO30 5QA is a leasehold flat built in 2012 onwards. The property offers approximately 700 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £162,795 , which equates to approximately £233 per square foot. It was last sold on 10 Nov 2014 for £123,500. Since then, the value has increased by £39,295, representing a 31.8% increase, or approximately 2.9% per year.

The current estimated value of £162,795 is:

  • 28.0% higher than the average property price on Chain Lane
  • 20.1% higher than the average in the PO30 5QA postcode area
  • and 38.7% lower than the average price for Newport as a whole

At the most recent EPC inspection on 13 May 2024, the property was recorded as rented.

View sold house prices in PO30 5QA

Building approximate location

About Property

Type
Flat
Built
2012 onwards
Interior Size
700 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£162,795
Price Per sq ft (estimate)
£233
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 1, Classic House, 6 Chain Lane, Newport, Isle Of Wight, PO30 5QA has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 13 May 2024.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Jan 2012, when the property was rated B. The current rating of D reflects a decline in energy efficiency of 23.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to boiler and radiators, electric, changing energy efficiency from good to very poor.
  • The hot water system was changed from from main system to electric immersion, off-peak, with its energy efficiency changing from good to poor.
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.26 w/m?k to timber frame, as built, insulated (assumed), with no change in energy efficiency (very good).
  • The lighting was updated from low energy lighting in 57% of fixed outlets to low energy lighting in 33% of fixed outlets, with efficiency changing from good to average.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Timber frame, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to PO30 5QA

2 nd / 12
Price Rank
20% higher than average
3 rd / 10
Size Rank
10% bigger than average
3 rd / 10
Price Per Sq FT Rank
9% higher than average

Compared to other properties in PO30 5QA , this flat's estimated value ranks 2nd out of 12. Based on price per square foot, it ranks 3rd out of 10 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 3rd out of 10 properties in its postcode area.

Sale History

Today
£162,795
streetscan.co.uk estimate
+32 %
10 Nov 2014
£123,500
Leasehold
-0.8 %
13 Jul 2012
£124,500
Leasehold
+63.8 %
21 May 2012
£76,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 5, Classic House, 6 Chain Lane, Newport, PO30 5QA
rooms: 3
size: 603 sq ft
sale price: £109,000
sale date: 30 Jun 2015
Flat 3, Classic House, 6 Chain Lane, Newport, PO30 5QA
rooms: 3
size: 721 sq ft
sale price: £118,000
sale date: 13 May 2015
Flat 8, Classic House, 6 Chain Lane, Newport, PO30 5QA
rooms: 3
size: 678 sq ft
sale price: £120,000
sale date: 28 Apr 2014
Flat 12, Classic House, 6 Chain Lane, Newport, PO30 5QA
rooms: 3
size: 743 sq ft
sale price: £76,000
sale date: 21 May 2012
Flat 11, Classic House, 6 Chain Lane, Newport, PO30 5QA
rooms: 3
size: 667 sq ft
sale price: £76,000
sale date: 21 May 2012

Data Sources

The property at Flat 1, Classic House, 6 Chain Lane, Newport, PO30 5QA appears three times in the Land Registry records, with the latest transaction recorded on 10 Nov 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 May 2024. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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