Morello Cherry Lane

    MORELLO, CHERRY LANE, BIRDHAM, CHICHESTER, PO20 7AR

    This detached freehold property on Cherry Lane last sold in March 2020 for £535,000. Based on price growth in the PO20 district since then, its estimated current value is £535,516 — placing it in the 82nd percentile nationally and the 75th percentile within PO20. The property covers 274 m² (2,949 sq ft), giving an estimated value of £1,954 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    2,949 sq ft

    274 m²

    Last Sale Price

    £535,000

    Mar 2020

    Estimated Valuation

    £535,516

    Est. £/sq ft

    £182/sq ft

    £1,954/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms9
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area2,949 sq ft (274 m²)
    EPC dateJan 2023
    WallsCavity wall, filled cavity
    HeatingAir source heat pump, underfloor, electric

    Transaction History

    12 Mar 2020

    £535,000

    Key Metrics

    Estimated valuation£535,516
    Value per sq ft / m²£182/sq ft (£1,954/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO20 district percentile75th percentile
    National percentile82nd 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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