5 Megson Drive

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

    This detached freehold property on Megson Drive last sold in June 2021 for £425,000. Based on price growth in the PO13 district since then, its estimated current value is £470,682 — placing it in the 76th percentile nationally and the 89th percentile within PO13. The property covers 95 m² (1,023 sq ft), giving an estimated value of £4,955 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,023 sq ft

    95 m²

    Last Sale Price

    £425,000

    Jun 2021

    Estimated Valuation

    £470,682

    Est. £/sq ft

    £460/sq ft

    £4,955/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area1,023 sq ft (95 m²)
    EPC dateFeb 2018
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jun 2021

    £425,000

    11 Jul 2018

    £345,000

    27 Jun 2008

    £243,000

    4 Apr 2003

    New build

    £230,220

    Key Metrics

    Estimated valuation£470,682
    Value per sq ft / m²£460/sq ft (£4,955/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO13 district percentile89th percentile
    National percentile76th 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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