3 Cherry Close

    3, CHERRY CLOSE, LEE-ON-THE-SOLENT, LEE-ON-THE-SOLENT, PO13 9EW

    This flat/maisonette leasehold property on Cherry Close last sold in December 2008 for £50,000. Based on price growth in the PO13 district since then, its estimated current value is £62,077 — placing it in the 0th percentile nationally and the 2nd percentile within PO13. The property covers 65 m² (700 sq ft), giving an estimated value of £955 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £50,000

    Dec 2008

    Estimated Valuation

    £62,077

    Est. £/sq ft

    £89/sq ft

    £955/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2007-2011
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area700 sq ft (65 m²)
    EPC dateNov 2019
    WallsSystem built, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Dec 2008

    New build

    £50,000

    Key Metrics

    Estimated valuation£62,077
    Value per sq ft / m²£89/sq ft (£955/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO13 district percentile2nd percentile
    National percentile0th 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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