Flat 1 Melanies Gardens Mead Lane

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

    This flat/maisonette leasehold property on Mead Lane last sold in January 2021 for £134,750. Based on price growth in the PO21 district since then, its estimated current value is £121,647 — placing it in the 7th percentile nationally and the 8th percentile within PO21. The property covers 39 m² (420 sq ft), giving an estimated value of £3,119 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    420 sq ft

    39 m²

    Last Sale Price

    £134,750

    Jan 2021

    Estimated Valuation

    £121,647

    Est. £/sq ft

    £290/sq ft

    £3,119/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area420 sq ft (39 m²)
    EPC dateMay 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingElectric storage heaters

    Transaction History

    29 Jan 2021

    £134,750

    4 Feb 2016

    £125,000

    11 Jun 2010

    £112,500

    21 Dec 2005

    £106,000

    4 Mar 2004

    £93,500

    12 Apr 2001

    £57,000

    Key Metrics

    Estimated valuation£121,647
    Value per sq ft / m²£290/sq ft (£3,119/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO21 district percentile8th percentile
    National percentile7th 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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