Melita Lee Ground

    MELITA, LEE GROUND, FAREHAM, PO15 6RP

    This detached freehold property on Lee Ground last sold in November 2024 for £1,800,000. Based on price growth in the PO15 district since then, its estimated current value is £1,625,862 — placing it in the 98th percentile nationally and the 100th percentile within PO15. The property covers 333 m² (3,584 sq ft), giving an estimated value of £4,882 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,584 sq ft

    333 m²

    Last Sale Price

    £1,800,000

    Nov 2024

    Estimated Valuation

    £1,625,862

    Est. £/sq ft

    £454/sq ft

    £4,882/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2016
    Habitable roomsNot available
    Main fuelGas: bulk LPG
    EPC currentC
    EPC potentialB
    Floor area3,584 sq ft (333 m²)
    EPC dateJun 2019
    WallsAverage thermal transmittance 0.20 W/m²K
    HeatingBoiler and underfloor heating, LPG

    Transaction History

    1 Nov 2024

    £1,800,000

    12 Sept 2012

    £315,000

    Key Metrics

    Estimated valuation£1,625,862
    Value per sq ft / m²£454/sq ft (£4,882/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO15 district percentile100th percentile
    National percentile98th percentile

    District Context — PO15

    PO15 covers the Southend-on-Sea area in Essex, on the Thames estuary coast east of London. It is a well-established seaside town with a mix of residential neighbourhoods, seafront appeal, and good transport links to central London.

    Average Property Price - PO15

    £359,151

    58

    National percentile

    Average Net Household Income - PO15

    £44,414

    74

    National percentile

    10-Year Annualised Price Growth - PO15

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO15

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