24 Megson Drive

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

    This flat/maisonette leasehold property on Megson Drive last sold in October 2003 for £139,950. Based on price growth in the PO13 district since then, its estimated current value is £328,165 — placing it in the 55th percentile nationally and the 64th percentile within PO13. The property covers 118 m² (1,270 sq ft), giving an estimated value of £2,781 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    1,270 sq ft

    118 m²

    Last Sale Price

    £139,950

    Oct 2003

    Estimated Valuation

    £328,165

    Est. £/sq ft

    £258/sq ft

    £2,781/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    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

    17 Oct 2003

    £139,950

    15 Nov 2002

    New build

    £119,950

    Key Metrics

    Estimated valuation£328,165
    Value per sq ft / m²£258/sq ft (£2,781/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO13 district percentile64th percentile
    National percentile55th 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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