22b Rails Lane

    22B, RAILS LANE, HAYLING ISLAND, PO11 9LL

    This flat/maisonette leasehold property on Rails Lane last sold in February 2011 for £120,000. Based on price growth in the PO11 district since then, its estimated current value is £152,148 — placing it in the 13th percentile nationally and the 10th percentile within PO11. The property covers 58 m² (624 sq ft), giving an estimated value of £2,623 per m². The EPC rating is E, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    624 sq ft

    58 m²

    Last Sale Price

    £120,000

    Feb 2011

    Estimated Valuation

    £152,148

    Est. £/sq ft

    £244/sq ft

    £2,623/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialD
    Floor area624 sq ft (58 m²)
    EPC dateNov 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    4 Feb 2011

    £120,000

    Key Metrics

    Estimated valuation£152,148
    Value per sq ft / m²£244/sq ft (£2,623/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO11 district percentile10th percentile
    National percentile13th percentile

    District Context — PO11

    PO11 covers the Isle of Wight's central and eastern areas, including Shanklin and Sandown. The district is a established coastal and retirement-oriented community with seaside appeal.

    Average Property Price - PO11

    £366,597

    60

    National percentile

    Average Net Household Income - PO11

    £38,670

    52

    National percentile

    10-Year Annualised Price Growth - PO11

    3.4%

    44

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO11

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