Flat 2, Old Smithy Main Road, Arreton, Newport, PO30 3AD is a leasehold flat built between 1967-1975. The property offers approximately 377 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 £92,734 , which equates to approximately £246 per square foot. It was last sold on 28 Apr 2006 for £72,000. Since then, the value has increased by £20,734, representing a 28.8% increase, or approximately 1.5% per year.

The current estimated value of £92,734 is:

  • 81.0% lower than the average property price on Main Road
  • 67.1% lower than the average in the PO30 3AD postcode area
  • and 65.1% lower than the average price for Newport as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. 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 16 December 2021, the property was recorded as owner-occupied.

View sold house prices in PO30 3AD

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
377 sq ft
Tenure
Leasehold
Price (estimate)
£92,734
Price Per sq ft (estimate)
£246
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, Old Smithy Main Road, Arreton, Newport, Isle Of Wight, PO30 3AD has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 Dec 2021.

Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Dec 2013, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 51.6%.

Since the previous assessment, several changes were observed:

  • The heating system changed from room heaters, electric to no system present: electric heaters assumed, with no change in energy efficiency (very poor).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in 86% of fixed outlets, with efficiency improving from average to very good.
Heating Type
No system present: electric heaters assumed
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to PO30 3AD

17 th / 19
Price Rank
67% lower than average
10 th / 12
Size Rank
62% smaller than average
10 th / 12
Price Per Sq FT Rank
14% lower than average

Compared to other properties in PO30 3AD , this flat's estimated value ranks 17th out of 19. Based on price per square foot, it ranks 10th out of 12 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 10th out of 12 properties in its postcode area.

Sale History

Today
£92,734
streetscan.co.uk estimate
+29 %
28 Apr 2006
£72,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 334 sq ft
sale price: £65,000
sale date: 29 Nov 2013
rooms: 2
size: 323 sq ft
sale price: £19,250
sale date: 19 Sep 1997

Data Sources

The property at Flat 2, Old Smithy Main Road, Arreton, Newport, Isle Of Wight, PO30 3AD appears once in the Land Registry records, with the transaction recorded on 28 Apr 2006. It also has four Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Dec 2021. 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.