62 Rails Lane

    62, RAILS LANE, HAYLING ISLAND, PO11 9LW

    This detached freehold property on Rails Lane last sold in December 2021 for £472,000. Based on price growth in the PO11 district since then, its estimated current value is £442,982 — placing it in the 73rd percentile nationally and the 72nd percentile within PO11. The property covers 146 m² (1,572 sq ft), giving an estimated value of £3,034 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,572 sq ft

    146 m²

    Last Sale Price

    £472,000

    Dec 2021

    Estimated Valuation

    £442,982

    Est. £/sq ft

    £282/sq ft

    £3,034/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,572 sq ft (146 m²)
    EPC dateOct 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Dec 2021

    £472,000

    20 Nov 2006

    £232,500

    Key Metrics

    Estimated valuation£442,982
    Value per sq ft / m²£282/sq ft (£3,034/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO11 district percentile72nd percentile
    National percentile73rd 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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