According to the public record, Westlea, Newport is a mid-century house with 1,001 ft2 of internal area and sits on a 607 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Farriers Way, Shorwell, Newport, PO30 is located within the PO30 postal district.
Westlea, Newport has no records in the Land Registry database and no records in the EPC database.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for Westlea Newport as £379,872 and the rental value as £1,445 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of Westlea Newport has increased by £775 (0.2%) and its rental value has increased by £75 per month (5.2%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Westlea, Newport is in very good condition we estimate a sale value of £398,866 and rental value of £1,517 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £353,281 and a rental value of £1,343 per month.
If you were able to purchase this property for the estimated value of £379,872, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,867 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, Westlea, Newport sits on a plot of 607m2.
We have plot size data on 11 out of 23 other houses in the postcode and Westlea, Newport sits on the 5th largest plot.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Westlea, Newport within a radius of 281m over the last 2 years.
The most recent example is 1 Butts Way, Fine Lane, Newport, PO30 3JY, a Freehold house which sold for £395,000 in Aug 2023.
Read more about house prices in PO30.
Farriers Way, Shorwell, Newport, PO30 has a total of 32 addresses. According to our analysis of all the public data, Westlea, Newport is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £120k more expensive than the average property in PO30.
Westlea, Newport has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Oct 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using an oil fired boiler and radiators.
The closest station to Westlea, Newport is Shanklin station which is 12.3 km away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Westlea, Newport, 52.9% of property is privately owned outright and 25.0% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Westlea, Newport, 11.7% of residents are recorded as possessing school level qualifications and 31.8% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around Westlea, Newport, the average age was 50.1 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Westlea, Newport, 0.7% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Westlea, Newport, there are an average of 1.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.