8 Chestnut Close

    8, CHESTNUT CLOSE, VENTNOR, PO38 1DQ

    This terraced freehold property on Chestnut Close last sold in October 2014 for £142,000. Based on price growth in the PO38 district since then, its estimated current value is £202,574 — placing it in the 25th percentile nationally and the 25th percentile within PO38. The property covers 69 m² (743 sq ft), giving an estimated value of £2,936 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    69 m²

    (743 sq ft)

    Last Sale Price

    £142,000

    Oct 2014

    Estimated Valuation

    £202,574

    Est. £/m²

    £2,936/m²

    £273/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area69 m² (743 sq ft)
    EPC dateJul 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Oct 2014

    £142,000

    8 Nov 1995

    New build

    £37,987

    Key Metrics

    Estimated valuation£202,574
    Value per m² / sq ft£2,936/m² (£273/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile25th percentile
    National percentile25th 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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