1 Merrick Close

    1, MERRICK CLOSE, NEWPORT, PO30 2FT

    This detached freehold property on Merrick Close last sold in October 2022 for £262,000. Based on price growth in the PO30 district since then, its estimated current value is £250,974 — placing it in the 38th percentile nationally and the 54th percentile within PO30. The property covers 89 m² (958 sq ft), giving an estimated value of £2,820 per m². The EPC rating is C, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £262,000

    Oct 2022

    Estimated Valuation

    £250,974

    Est. £/sq ft

    £262/sq ft

    £2,820/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction age2010
    Habitable roomsNot available
    Main fuelNot available
    EPC currentC
    EPC potentialC
    Floor area958 sq ft (89 m²)
    EPC dateApr 2013
    WallsAverage thermal transmittance 0.25 W/m²K
    HeatingCommunity scheme

    Transaction History

    3 Oct 2022

    £262,000

    24 Oct 2019

    £207,000

    17 Dec 2013

    New build

    £193,000

    Key Metrics

    Estimated valuation£250,974
    Value per sq ft / m²£262/sq ft (£2,820/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO30 district percentile54th percentile
    National percentile38th percentile

    District Context — PO30

    PO30 covers the Isle of Wight, a coastal island off Hampshire's southern coast. It is a mature, family-friendly community with strong appeal to retirees and holiday visitors.

    Average Property Price - PO30

    £261,554

    31

    National percentile

    Average Net Household Income - PO30

    £37,072

    44

    National percentile

    10-Year Annualised Price Growth - PO30

    3.1%

    31

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO30

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