8 Drake Road

    8, DRAKE ROAD, NEWPORT, PO30 1EQ

    This terraced freehold property on Drake Road last sold in October 2023 for £171,000. Based on price growth in the PO30 district since then, its estimated current value is £176,879 — placing it in the 19th percentile nationally and the 20th percentile within PO30. The property covers 77 m² (829 sq ft), giving an estimated value of £2,297 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £171,000

    Oct 2023

    Estimated Valuation

    £176,879

    Est. £/sq ft

    £213/sq ft

    £2,297/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateApr 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    2 Oct 2023

    £171,000

    24 Sept 2012

    £100,000

    23 Aug 2001

    £72,500

    25 Jul 1997

    £36,000

    Key Metrics

    Estimated valuation£176,879
    Value per sq ft / m²£213/sq ft (£2,297/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO30 district percentile20th percentile
    National percentile19th percentile

    District Context — PO30

    PO30 covers the Isle of Wight, a coastal island off Hampshire's southern coast. It is a mature, family-friendly community with strong appeal to retirees and holiday visitors.

    Average Property Price - PO30

    £261,554

    31

    National percentile

    Average Net Household Income - PO30

    £37,072

    44

    National percentile

    10-Year Annualised Price Growth - PO30

    3.1%

    31

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO30

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