13, Chestnut Close
13, Chestnut Close
Description & Estimates
13, Chestnut Close, Newport is recorded publicly as a mid-century Leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 13, Chestnut Close, Newport is £118,914 and its rental estimate is £688 per month, given the available information and assuming reasonable condition.
Chestnut Close, Newport, PO30 falls within the PO30 postal district.
Our Data Sources
13, Chestnut Close, Newport has a single entry in the Land Registry from February 2019 and a single entry in the EPC database dated April 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 13, Chestnut Close, Newport, we estimate a market value of £124,860 and a rental value of £722 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £110,590 and £639 per month respectively.
Recent Market Change
Over the last year, 13, Chestnut Close, Newport has seen its estimated sale value fall by £5,106 (4.3%) and its estimated rental value move up by £20 per month (2.9%). This results in an estimated gross rental yield of 6.9%.
Energy Efficiency
13, Chestnut Close, Newport has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 15 Apr 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 13, Chestnut Close, Newport completed on 12th February 2019 at £100,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 6.4% over the period since February 2019.
- Sold Feb 2019£100,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 13, Chestnut Close, Newport have sold within a radius of 840 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th November 2022, was Flat 2, Shide Court, Shide Road, Newport, PO30 1YJ, a leasehold flat which sold for £157,000.
Read more about house prices in PO30.
- Sold Nov 2022£157,000 | 2 Bed FlatShide Court, Shide RoadFlat 2, Shide Court, Shide Road, Newport, PO30 1YJ
- Sold Jan 2022£140,000 | 2 Bed FlatSydney Close19, Sydney Close, Newport, PO30 1YG
- Sold Mar 2017£95,000 | 2 Bed FlatShide Villa 132, Medina AvenueFlat 7, Shide Villa 132, Medina Avenue, Newport, PO30 1HH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 15 addresses on Chestnut Close, Newport, PO30, 13, Chestnut Close, Newport comes out as the 14th largest and the 15th most expensive in our analysis of the public data.
It is also £143k less expensive than the average property across the PO30 district.
More reading links
Schools Nearby
- 800mNine Acres Primary School
- 1.0kmBarton Primary School
- 1.3kmCarisbrooke Church of England Controlled Primary School
- 1.4kmChrist The King College
- 1.8kmCarisbrooke College
- 2.4kmMedina College
More reading links
Public Transport Nearby
From 13, Chestnut Close, Newport, the nearest station is Sandown, 9.8 kilometres away.
- 9.8kmSandown
- 9.8kmSmallbrook Junction
- 10.1kmShanklin
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
