5 Fairlight Chalets Salterns Lane

    5 FAIRLIGHT CHALETS, SALTERNS LANE, HAYLING ISLAND, PO11 9LQ

    This terraced freehold property on Salterns Lane last sold in January 2021 for £125,000. Based on price growth in the PO11 district since then, its estimated current value is £134,442 — placing it in the 9th percentile nationally and the 7th percentile within PO11. The property covers 24 m² (258 sq ft), giving an estimated value of £5,602 per m². The EPC rating is E, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    258 sq ft

    24 m²

    Last Sale Price

    £125,000

    Jan 2021

    Estimated Valuation

    £134,442

    Est. £/sq ft

    £520/sq ft

    £5,602/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area258 sq ft (24 m²)
    EPC dateJul 2019
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    15 Jan 2021

    £125,000

    Key Metrics

    Estimated valuation£134,442
    Value per sq ft / m²£520/sq ft (£5,602/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO11 district percentile7th percentile
    National percentile9th 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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