Flat 15 Melanies Gardens Mead Lane

    FLAT 15 MELANIES GARDENS, MEAD LANE, BOGNOR REGIS, PO21 1LS

    This flat/maisonette leasehold property on Mead Lane last sold in March 2016 for £123,000. Based on price growth in the PO21 district since then, its estimated current value is £144,911 — placing it in the 11th percentile nationally and the 14th percentile within PO21. The property covers 39 m² (420 sq ft), giving an estimated value of £3,716 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

    £123,000

    Mar 2016

    Estimated Valuation

    £144,911

    Est. £/sq ft

    £345/sq ft

    £3,716/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

    23 Mar 2016

    £123,000

    19 Nov 2010

    £105,000

    23 Apr 2010

    £101,000

    20 Nov 2000

    £53,000

    Key Metrics

    Estimated valuation£144,911
    Value per sq ft / m²£345/sq ft (£3,716/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO21 district percentile14th 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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