Flat 21 Melanies Gardens Mead Lane

    FLAT 21 MELANIES GARDENS, MEAD LANE, BOGNOR REGIS, PO21 1LS

    This flat/maisonette leasehold property on Mead Lane last sold in November 2016 for £136,000. Based on price growth in the PO21 district since then, its estimated current value is £160,227 — placing it in the 15th percentile nationally and the 17th percentile within PO21. The property covers 44 m² (474 sq ft), giving an estimated value of £3,642 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    474 sq ft

    44 m²

    Last Sale Price

    £136,000

    Nov 2016

    Estimated Valuation

    £160,227

    Est. £/sq ft

    £338/sq ft

    £3,642/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area474 sq ft (44 m²)
    EPC dateNov 2017
    WallsTimber frame, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    23 Nov 2016

    £136,000

    20 Apr 2012

    £87,000

    9 Sept 2005

    £105,000

    28 Feb 2003

    £92,500

    Key Metrics

    Estimated valuation£160,227
    Value per sq ft / m²£338/sq ft (£3,642/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO21 district percentile17th percentile
    National percentile15th percentile

    District Context — PO21

    PO21 covers the Isle of Wight's central and southern areas, including Shanklin and Sandown. It is a long-established seaside destination with a mature population and a mix of holiday, retirement, and family homes.

    Average Property Price - PO21

    £346,740

    55

    National percentile

    Average Net Household Income - PO21

    £33,765

    24

    National percentile

    10-Year Annualised Price Growth - PO21

    3.6%

    51

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO21

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