2 Megson Drive

    2, MEGSON DRIVE, LEE-ON-THE-SOLENT, PO13 8BA

    This terraced freehold property on Megson Drive last sold in December 2022 for £380,000. Based on price growth in the PO13 district since then, its estimated current value is £379,908 — placing it in the 64th percentile nationally and the 76th percentile within PO13. The property covers 118 m² (1,270 sq ft), giving an estimated value of £3,220 per m². The EPC rating is D, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £380,000

    Dec 2022

    Estimated Valuation

    £379,908

    Est. £/sq ft

    £299/sq ft

    £3,220/m²

    Property Details

    TypeTerraced
    TenureFreehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area1,270 sq ft (118 m²)
    EPC dateAug 2012
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Dec 2022

    £380,000

    28 Sept 2012

    £235,000

    7 Jul 2008

    £230,000

    15 Apr 2005

    £205,000

    22 May 2003

    £195,000

    24 Jun 2002

    New build

    £174,950

    Key Metrics

    Estimated valuation£379,908
    Value per sq ft / m²£299/sq ft (£3,220/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO13 district percentile76th percentile
    National percentile64th percentile

    District Context — PO13

    PO13 covers the south-western Isle of Wight, encompassing Shanklin and the south-eastern coastal villages. The area blends seaside charm with suburban residential appeal, attracting both retirees and families seeking a quieter pace.

    Average Property Price - PO13

    £306,555

    44

    National percentile

    Average Net Household Income - PO13

    £41,654

    65

    National percentile

    10-Year Annualised Price Growth - PO13

    4.0%

    66

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO13

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