Flat 15 Melbourne House Australia Close

    FLAT 15 MELBOURNE HOUSE, AUSTRALIA CLOSE, PORTSMOUTH, PO1 1JN

    This flat/maisonette leasehold property on Australia Close last sold in October 2018 for £119,250. Based on price growth in the PO1 district since then, its estimated current value is £142,680 — placing it in the 11th percentile nationally and the 12th percentile within PO1. The property covers 77 m² (829 sq ft), giving an estimated value of £1,853 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £119,250

    Oct 2018

    Estimated Valuation

    £142,680

    Est. £/sq ft

    £172/sq ft

    £1,853/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area829 sq ft (77 m²)
    EPC dateAug 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    30 Oct 2018

    £119,250

    Key Metrics

    Estimated valuation£142,680
    Value per sq ft / m²£172/sq ft (£1,853/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO1 district percentile12th percentile
    National percentile11th percentile

    District Context — PO1

    PO1 covers Portsmouth's central and eastern neighbourhoods, situated on the Hampshire coast. It is a densely populated urban area with a diverse, younger demographic and a predominantly rented housing market.

    Average Property Price - PO1

    £262,903

    31

    National percentile

    Average Net Household Income - PO1

    £12,979

    1

    National percentile

    10-Year Annualised Price Growth - PO1

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO1

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