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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
9, Chestnut Close, Newport is recorded publicly as a mid-century freehold house across 764 ft2 of internal area, sitting on a 267 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 9, Chestnut Close, Newport is £258,156 and its rental estimate is £1,068 per month, given the available information and assuming reasonable condition.
Chestnut Close, Newport, PO30 falls within the PO30 postal district.
9, Chestnut Close, Newport has a single entry in the Land Registry from December 2016 and a single entry in the EPC database dated February 2016.
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.
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 9, Chestnut Close, Newport, we estimate a market value of £271,064 and a rental value of £1,121 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £240,085 and £993 per month respectively.
Over the last year, 9, Chestnut Close, Newport has seen its estimated sale value fall by £7,872 (3.0%) and its estimated rental value move up by £42 per month (4.0%). This results in an estimated gross rental yield of 5.0%.
HM Land Registry records the plot of land for 9, Chestnut Close, Newport as measuring 267 m2.
That makes it the 6th largest plot in the postcode, where all 7 other houses have recorded plot data.
9, Chestnut Close, Newport has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Feb 2016.
The property is connected to mains gas and has mostly multiple glazing. It is heated using Boiler and radiators, mains gas.
The most recent sale of 9, Chestnut Close, Newport completed on 9th December 2016 at £202,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 28.9% over the period since December 2016.
Over the past 2 years 3 properties similar to 9, 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 29th August 2024, was 27, Milne Way, Newport, PO30 1YF, a freehold house which sold for £255,000.
Read more about house prices in PO30.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 15 addresses on Chestnut Close, Newport, PO30, 9, Chestnut Close, Newport comes out as the 6th largest and the 6th most expensive in our analysis of the public data.
It is also £4k less expensive than the average property across the PO30 district.
From 9, Chestnut Close, Newport, the nearest station is Sandown, 9.8 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 9, Chestnut Close, Newport, 60.5% of property is privately owned outright and 27.4% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 9, Chestnut Close, Newport, 14.6% of residents are recorded as possessing school level qualifications and 25.6% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 9, Chestnut Close, Newport, the average age was 44.1 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 9, Chestnut Close, Newport, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 9, Chestnut Close, Newport, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
