3, Millfield Road
3, Millfield Road
Description & Estimates
3, Millfield Road, Newport is recorded publicly as a mid-century freehold house across 785 ft2 of internal area, sitting on a 569 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 3, Millfield Road, Newport is £269,128 and its rental estimate is £1,101 per month, given the available information and assuming reasonable condition.
Millfield Road, Newport, PO30 falls within the PO30 postal district.
Our Data Sources
3, Millfield Road, Newport has 2 entries in the Land Registry , most recently in September 2017 and a single entry in the EPC database dated June 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 3, Millfield Road, Newport, we estimate a market value of £282,584 and a rental value of £1,157 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £250,289 and £1,024 per month respectively.
Recent Market Change
Over the last year, 3, Millfield Road, Newport has seen its estimated sale value decrease by £8,207 (3.0%) and its estimated rental value grow by £44 per month (4.0%). This results in an estimated gross rental yield of 4.9%.
Plot Size
HM Land Registry records the plot of land for 3, Millfield Road, Newport as measuring 569 m2.
That makes it the 3rd largest plot in the postcode, where 15 of the 17 other houses have recorded plot data.
Energy Efficiency
3, Millfield Road, Newport has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 3, Millfield Road, Newport completed on 7th September 2017 at £245,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 17.7% over the period since September 2017.
- Sold Sep 2017£245,000
- Sold Sep 2013£160,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Millfield Road, Newport have sold within a radius of 690 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd May 2023, was 24, Millfield Road, Newport, PO30 5RH, a freehold house which sold for £275,000.
Read more about house prices in PO30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 17 addresses on Millfield Road, Newport, PO30, 3, Millfield Road, Newport comes out as the 11th largest and the 11th most expensive in our analysis of the public data.
It is also £7k more expensive than the average property across the PO30 district.
More reading links
Schools Nearby
- 300mCarisbrooke Church of England Controlled Primary School
- 500mSt Thomas of Canterbury Catholic Primary School
- 500mNewport Church of England Aided Primary School
- 300mChrist The King College
- 300mCarisbrooke College
- 2.6kmMedina College
More reading links
Public Transport Nearby
From 3, Millfield Road, Newport, the nearest station is Smallbrook Junction, 11.1 kilometres away.
- 11.1kmSmallbrook Junction
- 11.3kmRyde St Johns Road
- 11.4kmSandown
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.
