Merstone Cottage Merstone Lane

    MERSTONE COTTAGE, MERSTONE LANE, MERSTONE, NEWPORT, PO30 3DE

    This detached freehold property on Merstone Lane last sold in September 2002 for £495,000. Based on price growth in the PO30 district since then, its estimated current value is £1,057,009 — placing it in the 96th percentile nationally and the 100th percentile within PO30. The property covers 316 m² (3,401 sq ft), giving an estimated value of £3,345 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    3,401 sq ft

    316 m²

    Last Sale Price

    £495,000

    Sept 2002

    Estimated Valuation

    £1,057,009

    Est. £/sq ft

    £311/sq ft

    £3,345/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms9
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area3,401 sq ft (316 m²)
    EPC dateJun 2023
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    18 Sept 2002

    £495,000

    17 Mar 1995

    £142,000

    Key Metrics

    Estimated valuation£1,057,009
    Value per sq ft / m²£311/sq ft (£3,345/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO30 district percentile100th percentile
    National percentile96th 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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