16 Chestnut Close

    16, CHESTNUT CLOSE, VENTNOR, VENTNOR, PO38 1DQ

    This terraced freehold property on Chestnut Close last sold in October 1996 for £40,000. Based on price growth in the PO38 district since then, its estimated current value is £221,987 — placing it in the 30th percentile nationally and the 31st percentile within PO38. The property covers 74 m² (797 sq ft), giving an estimated value of £3,000 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    797 sq ft

    74 m²

    Last Sale Price

    £40,000

    Oct 1996

    Estimated Valuation

    £221,987

    Est. £/sq ft

    £279/sq ft

    £3,000/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area797 sq ft (74 m²)
    EPC dateMar 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    21 Oct 1996

    New build

    £40,000

    Key Metrics

    Estimated valuation£221,987
    Value per sq ft / m²£279/sq ft (£3,000/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile31st percentile
    National percentile30th percentile

    District Context — PO38

    PO38 covers the Isle of Wight and sits off the south coast of Hampshire. It is a predominantly residential area with strong appeal to retirees and families seeking a quieter, coastal lifestyle.

    Average Property Price - PO38

    £322,618

    49

    National percentile

    Average Net Household Income - PO38

    £34,497

    29

    National percentile

    10-Year Annualised Price Growth - PO38

    4.4%

    77

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO38

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