1 Petrel Way

    1, PETREL WAY, CHICHESTER, PO20 2LE

    This detached freehold property on Petrel Way last sold in October 2023 for £530,000. Based on price growth in the PO20 district since then, its estimated current value is £496,086 — placing it in the 78th percentile nationally and the 70th percentile within PO20. The property covers 164 m² (1,765 sq ft), giving an estimated value of £3,025 per m². The EPC rating is B, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    1,765 sq ft

    164 m²

    Last Sale Price

    £530,000

    Oct 2023

    Estimated Valuation

    £496,086

    Est. £/sq ft

    £281/sq ft

    £3,025/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2020
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area1,765 sq ft (164 m²)
    EPC dateAug 2023
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Oct 2023

    New build

    £530,000

    Key Metrics

    Estimated valuation£496,086
    Value per sq ft / m²£281/sq ft (£3,025/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO20 district percentile70th percentile
    National percentile78th percentile

    District Context — PO20

    PO20 covers the Isle of Wight, situated off the south coast of England. It is a well-established residential area with strong appeal to retirees and families seeking a coastal lifestyle.

    Average Property Price - PO20

    £466,176

    77

    National percentile

    Average Net Household Income - PO20

    £39,617

    56

    National percentile

    10-Year Annualised Price Growth - PO20

    3.2%

    34

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO20

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