Flat 3, Classic House, 6 Chain Lane, Newport, PO30 5QA is a leasehold flat built between 1976-1982. The property offers approximately 721 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £157,626 , which equates to approximately £219 per square foot. It was last sold on 13 May 2015 for £118,000. Since then, the value has increased by £39,626, representing a 33.6% increase, or approximately 3.2% per year.

The current estimated value of £157,626 is:

  • 24.0% higher than the average property price on Chain Lane
  • 16.3% higher than the average in the PO30 5QA postcode area
  • and 40.6% lower than the average price for Newport as a whole

At the most recent EPC inspection on 2 November 2021, the property was recorded as owner-occupied.

View sold house prices in PO30 5QA

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
721 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£157,626
Price Per sq ft (estimate)
£219
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 3, Classic House, 6 Chain Lane, Newport, Isle Of Wight, PO30 5QA has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 2 Nov 2021.

This property uses an electric boiler with radiators 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 11 Jan 2012, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 16.9%.

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, standard tariff, with its energy efficiency changing from good to very 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 cavity wall, as built, partial insulation (assumed), changing energy efficiency from very good to average.
  • The lighting was updated from low energy lighting in 67% of fixed outlets to no low energy lighting, with efficiency changing from good to very poor.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
No low energy lighting
Very Poor

Compared to PO30 5QA

5 th / 12
Price Rank
16% higher than average
2 nd / 10
Size Rank
13% bigger than average
6 th / 10
Price Per Sq FT Rank
3% higher than average

Compared to other properties in PO30 5QA , this flat's estimated value ranks 5th out of 12. Based on price per square foot, it ranks 6th out of 10 properties. In terms of size, this home ranks 2nd out of 10 properties in its postcode area.

Sale History

Today
£157,626
streetscan.co.uk estimate
+34 %
13 May 2015
£118,000
Leasehold
+55.3 %
21 May 2012
£76,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 1, Classic House, 6 Chain Lane, Newport, PO30 5QA
rooms: 3
size: 700 sq ft
sale price: £123,500
sale date: 10 Nov 2014
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 3, Classic House, 6 Chain Lane, Newport, PO30 5QA appears two times in the Land Registry records, with the latest transaction recorded on 13 May 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 2 Nov 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.
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