Flat 23 Melanies Gardens Mead Lane

    FLAT 23 MELANIES GARDENS, MEAD LANE, BOGNOR REGIS, PO21 1LS

    This flat/maisonette leasehold property on Mead Lane last sold in February 2021 for £160,000. Based on price growth in the PO21 district since then, its estimated current value is £144,442 — placing it in the 11th percentile nationally and the 13th percentile within PO21. The property covers 45 m² (484 sq ft), giving an estimated value of £3,210 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    484 sq ft

    45 m²

    Last Sale Price

    £160,000

    Feb 2021

    Estimated Valuation

    £144,442

    Est. £/sq ft

    £298/sq ft

    £3,210/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area484 sq ft (45 m²)
    EPC dateAug 2020
    WallsCavity wall, as built, insulated (assumed)
    HeatingRoom heaters, electric

    Transaction History

    5 Feb 2021

    £160,000

    31 Aug 2006

    £118,500

    9 Mar 2004

    £109,000

    16 Feb 1999

    £52,500

    16 Apr 1997

    £45,000

    Key Metrics

    Estimated valuation£144,442
    Value per sq ft / m²£298/sq ft (£3,210/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO21 district percentile13th percentile
    National percentile11th 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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