2 Cormorant Grove

    2, CORMORANT GROVE, NEWPORT, PO30 2DY

    This terraced freehold property on Cormorant Grove last sold in November 2018 for £350,000. Based on price growth in the PO30 district since then, its estimated current value is £449,740 — placing it in the 74th percentile nationally and the 91st percentile within PO30. The property covers 120 m² (1,292 sq ft), giving an estimated value of £3,748 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,292 sq ft

    120 m²

    Last Sale Price

    £350,000

    Nov 2018

    Estimated Valuation

    £449,740

    Est. £/sq ft

    £348/sq ft

    £3,748/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,292 sq ft (120 m²)
    EPC dateJun 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Nov 2018

    £350,000

    28 Nov 2014

    New build

    £215,000

    Key Metrics

    Estimated valuation£449,740
    Value per sq ft / m²£348/sq ft (£3,748/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO30 district percentile91st percentile
    National percentile74th 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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