Flat 3 48 Marine Parade West

    FLAT 3 48, MARINE PARADE WEST, LEE-ON-THE-SOLENT, PO13 9NR

    This flat/maisonette leasehold property on Marine Parade West last sold in October 2020 for £400,000. Based on price growth in the PO13 district since then, its estimated current value is £364,622 — placing it in the 62nd percentile nationally and the 72nd percentile within PO13. The property covers 80 m² (861 sq ft), giving an estimated value of £4,558 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    861 sq ft

    80 m²

    Last Sale Price

    £400,000

    Oct 2020

    Estimated Valuation

    £364,622

    Est. £/sq ft

    £423/sq ft

    £4,558/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area861 sq ft (80 m²)
    EPC dateJul 2020
    WallsAverage thermal transmittance 0.22 W/m
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Oct 2020

    New build

    £400,000

    Key Metrics

    Estimated valuation£364,622
    Value per sq ft / m²£423/sq ft (£4,558/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO13 district percentile72nd percentile
    National percentile62nd 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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