2 Chestnut Meadows Main Road

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

    This detached freehold property on Main Road last sold in December 2021 for £455,000. Based on price growth in the PO38 district since then, its estimated current value is £440,176 — placing it in the 73rd percentile nationally and the 81st percentile within PO38. The property covers 143 m² (1,539 sq ft), giving an estimated value of £3,078 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    143 m²

    (1,539 sq ft)

    Last Sale Price

    £455,000

    Dec 2021

    Estimated Valuation

    £440,176

    Est. £/m²

    £3,078/m²

    £286/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms5
    Main fuelLPG (not community)
    EPC currentD
    EPC potentialC
    Floor area143 m² (1,539 sq ft)
    EPC dateApr 2021
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, LPG

    Transaction History

    16 Dec 2021

    £455,000

    29 May 2008

    £317,000

    Key Metrics

    Estimated valuation£440,176
    Value per m² / sq ft£3,078/m² (£286/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile81st percentile
    National percentile73rd 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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