1 Redwood Close

    1, REDWOOD CLOSE, NEWPORT, PO30 5RT

    This detached freehold property on Redwood Close last sold in December 2018 for £310,000. Based on price growth in the PO30 district since then, its estimated current value is £400,548 — placing it in the 67th percentile nationally and the 87th percentile within PO30. The property covers 124 m² (1,335 sq ft), giving an estimated value of £3,230 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,335 sq ft

    124 m²

    Last Sale Price

    £310,000

    Dec 2018

    Estimated Valuation

    £400,548

    Est. £/sq ft

    £300/sq ft

    £3,230/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area1,335 sq ft (124 m²)
    EPC dateJan 2015
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Dec 2018

    £310,000

    3 Sept 2004

    £280,000

    17 Dec 2001

    New build

    £151,950

    Key Metrics

    Estimated valuation£400,548
    Value per sq ft / m²£300/sq ft (£3,230/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO30 district percentile87th percentile
    National percentile67th 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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