Cherry Trees New Road

    CHERRY TREES, NEW ROAD, PORCHFIELD, NEWPORT, PO30 4LT

    This semi-detached freehold property on New Road last sold in May 2021 for £275,000. Based on price growth in the PO30 district since then, its estimated current value is £292,637 — placing it in the 48th percentile nationally and the 68th percentile within PO30. The property covers 93 m² (1,001 sq ft), giving an estimated value of £3,147 per m². The EPC rating is F, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    1,001 sq ft

    93 m²

    Last Sale Price

    £275,000

    May 2021

    Estimated Valuation

    £292,637

    Est. £/sq ft

    £292/sq ft

    £3,147/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentF
    EPC potentialC
    Floor area1,001 sq ft (93 m²)
    EPC dateNov 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    5 May 2021

    £275,000

    Key Metrics

    Estimated valuation£292,637
    Value per sq ft / m²£292/sq ft (£3,147/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO30 district percentile68th percentile
    National percentile48th 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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