Flat 5, Classic House, 6 Chain Lane, Newport, PO30 5QA is a leasehold flat built in 2012 onwards. The property offers approximately 603 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £142,844 , which equates to approximately £237 per square foot. It was last sold on 30 Jun 2015 for £109,000. Since then, the value has increased by £33,844, representing a 31.0% increase, or approximately 3.0% per year.

The current estimated value of £142,844 is:

  • 12.3% higher than the average property price on Chain Lane
  • 5.4% higher than the average in the PO30 5QA postcode area
  • and 46.2% lower than the average price for Newport as a whole

At the most recent EPC inspection on 16 February 2022, 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
603 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£142,844
Price Per sq ft (estimate)
£237
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 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 16 Feb 2022.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. 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 2.4%.

Since the previous assessment, several changes were observed:

  • 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 0.27 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 67% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Timber frame, as built, insulated (assumed)
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO30 5QA

6 th / 12
Price Rank
5% higher than average
6 th / 10
Size Rank
5% smaller than average
4 th / 10
Price Per Sq FT Rank
11% higher than average

Compared to other properties in PO30 5QA , this flat's estimated value ranks 6th out of 12. Based on price per square foot, it ranks 4th out of 10 properties. In terms of size, this home ranks 6th out of 10 properties in its postcode area.

Sale History

Today
£142,844
streetscan.co.uk estimate
+31 %
30 Jun 2015
£109,000
Leasehold
+43.4 %
21 May 2012
£76,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 4, Classic House, 6 Chain Lane, Newport, PO30 5QA
rooms: 3
size: 592 sq ft
sale price: £118,500
sale date: 19 Sep 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 2, Classic House, 6 Chain Lane, Newport, PO30 5QA
rooms: 3
size: 570 sq ft
sale price: £76,000
sale date: 21 May 2012
Flat 9, Classic House, 6 Chain Lane, Newport, PO30 5QA
rooms: 3
size: 592 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 5, Classic House, 6 Chain Lane, Newport, PO30 5QA appears two times in the Land Registry records, with the latest transaction recorded on 30 Jun 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Feb 2022. 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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