3, Redwood Close
3, Redwood Close
Description & Estimates
Public records show 3, Redwood Close, Newport to be a modern freehold house with 1,334 ft2 of internal area, sitting on a 401 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
3, Redwood Close, Newport has an estimated sale value of £398,427 and an estimated rental value of £1,339 per month, assuming reasonable condition and based on the information available.
Redwood Close, Newport, PO30 lies within the PO30 postal district.
Our Data Sources
3, Redwood Close, Newport has 21 entries in the Land Registry , most recently in April 2024 and a single entry in the EPC database dated August 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 3, Redwood Close, Newport would be worth £418,348, with a potential rental value of £1,406 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £370,537, with a rental value of £1,245 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Redwood Close, Newport has decreased by £15,363 (3.9%) over the last year. During the same period, its estimated monthly rental value has grown by £46 (3.5%). The property's estimated gross yield is currently 4.0%.
Plot Size
3, Redwood Close, Newport occupies a 401 m2 plot as recorded by HM Land Registry.
All 9 other houses in this postcode have recorded plot sizes, and this one ranks as the largest.
Energy Efficiency
3, Redwood Close, Newport has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 09 Aug 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Redwood Close, Newport last changed hands on 18th April 2024, selling for £420,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 5.1% since April 2024.
- Sold Apr 2024£420,000
- Sold Nov 2001£149,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 820 metres of 3, Redwood Close, Newport across the last 2 years.
Most recently, 52, Mountbatten Drive, Newport, PO30 5SJ, a freehold house, sold at £385,000 on the 24th March 2021.
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
Our analysis of the public data ranks 3, Redwood Close, Newport as the 2nd largest and the 2nd most expensive of the 9 addresses on Redwood Close, Newport, PO30.
Against the PO30 postcode district average, it is £136k more expensive than the typical property.
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Schools Nearby
- 600mNewport Church of England Aided Primary School
- 700mCarisbrooke Church of England Controlled Primary School
- 900mSt Thomas of Canterbury Catholic Primary School
- 400mCarisbrooke College
- 700mChrist The King College
- 2.5kmMedina College
More reading links
Public Transport Nearby
Smallbrook Junction station is the nearest stop to 3, Redwood Close, Newport at 11.2 kilometres away.
- 11.2kmSmallbrook Junction
- 11.3kmRyde St Johns Road
- 11.4kmRyde Esplanade
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
