58b Rails Lane

    58B, RAILS LANE, HAYLING ISLAND, PO11 9LW

    This flat/maisonette leasehold property on Rails Lane last sold in October 2023 for £220,000. Based on price growth in the PO11 district since then, its estimated current value is £175,013 — placing it in the 18th percentile nationally and the 14th percentile within PO11. The property covers 69 m² (743 sq ft), giving an estimated value of £2,536 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    743 sq ft

    69 m²

    Last Sale Price

    £220,000

    Oct 2023

    Estimated Valuation

    £175,013

    Est. £/sq ft

    £236/sq ft

    £2,536/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area743 sq ft (69 m²)
    EPC dateJul 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    27 Oct 2023

    £220,000

    31 Mar 2016

    £165,000

    Key Metrics

    Estimated valuation£175,013
    Value per sq ft / m²£236/sq ft (£2,536/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO11 district percentile14th percentile
    National percentile18th 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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