4 Cherry Close

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

    This flat/maisonette leasehold property on Cherry Close last sold in September 2024 for £180,000. Based on price growth in the PO13 district since then, its estimated current value is £166,566 — placing it in the 16th percentile nationally and the 15th percentile within PO13. The property covers 65 m² (700 sq ft), giving an estimated value of £2,563 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £180,000

    Sept 2024

    Estimated Valuation

    £166,566

    Est. £/sq ft

    £238/sq ft

    £2,563/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area700 sq ft (65 m²)
    EPC dateJul 2021
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Sept 2024

    £180,000

    Key Metrics

    Estimated valuation£166,566
    Value per sq ft / m²£238/sq ft (£2,563/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO13 district percentile15th percentile
    National percentile16th 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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