Flat 2, 8 Fairlee Road, Newport, PO30 2EA is a leasehold flat built between 1930-1949. The property offers approximately 463 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £177,664 , which equates to approximately £384 per square foot. It was last sold on 22 Mar 2024 for £183,000. Since then, the value has decreased by £5,336, representing a 2.9% decrease, or approximately 1.7% per year.

The current estimated value of £177,664 is:

  • 27.2% lower than the average property price on Fairlee Road
  • 11.0% lower than the average in the PO30 2EA postcode area
  • and 33.1% lower than the average price for Newport as a whole

Based on EPC inspection history, this property has been mostly owner-occupied (3 out of 3 inspections). This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 27 November 2023, the property was recorded as owner-occupied.

View sold house prices in PO30 2EA

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
463 sq ft
Tenure
Leasehold
Price (estimate)
£177,664
Price Per sq ft (estimate)
£384
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 8 Fairlee Road, Newport, Isle Of Wight, PO30 2EA has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 27 Nov 2023.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 31 Mar 2011, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 73.9%.

Since the previous assessment, several changes were observed:

  • The lighting was changed from low energy lighting in all fixed outlets to low energy lighting in 88% of fixed outlets, with no change in efficiency (very good).
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 88% of fixed outlets
Very Good

Compared to PO30 2EA

17 th / 24
Price Rank
11% lower than average
17 th / 20
Size Rank
49% smaller than average
1 st / 20
Price Per Sq FT Rank
73% higher than average

Compared to other properties in PO30 2EA , this flat's estimated value ranks 17th out of 24. Based on price per square foot, it ranks 1st out of 20 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 17th out of 20 properties in its postcode area.

Sale History

Today
£177,664
streetscan.co.uk estimate
-3 %
22 Mar 2024
£183,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 463 sq ft
sale price: £79,950
sale date: 12 Sep 2018
rooms: 3
size: 495 sq ft
sale price: £129,950
sale date: 31 May 2006

Data Sources

The property at Flat 2, 8 Fairlee Road, Newport, Isle Of Wight, PO30 2EA appears once in the Land Registry records, with the transaction recorded on 22 Mar 2024. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Nov 2023. 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.