1 Chestnut Meadows Main Road

    1 CHESTNUT MEADOWS, MAIN ROAD, ROOKLEY, VENTNOR, PO38 3NH

    This detached freehold property on Main Road last sold in August 2022 for £620,000. Based on price growth in the PO38 district since then, its estimated current value is £528,530 — placing it in the 81st percentile nationally and the 88th percentile within PO38. The property covers 196 m² (2,110 sq ft), giving an estimated value of £2,697 per m². The EPC rating is D, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    196 m²

    (2,110 sq ft)

    Last Sale Price

    £620,000

    Aug 2022

    Estimated Valuation

    £528,530

    Est. £/m²

    £2,697/m²

    £251/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fuelLPG (not community)
    EPC currentD
    EPC potentialD
    Floor area196 m² (2,110 sq ft)
    EPC dateMar 2022
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and underfloor heating, LPG

    Transaction History

    26 Aug 2022

    £620,000

    8 Feb 2008

    New build

    £345,000

    Key Metrics

    Estimated valuation£528,530
    Value per m² / sq ft£2,697/m² (£251/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile88th percentile
    National percentile81st 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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