4 Newlands Merstone Lane

    4 NEWLANDS, MERSTONE LANE, MERSTONE, NEWPORT, PO30 3DQ

    This semi-detached freehold property on Merstone Lane last sold in January 2017 for £185,000. Based on price growth in the PO30 district since then, its estimated current value is £229,699 — placing it in the 32nd percentile nationally and the 44th percentile within PO30. The property covers 50 m² (538 sq ft), giving an estimated value of £4,594 per m². The EPC rating is E, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    538 sq ft

    50 m²

    Last Sale Price

    £185,000

    Jan 2017

    Estimated Valuation

    £229,699

    Est. £/sq ft

    £427/sq ft

    £4,594/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialA
    Floor area538 sq ft (50 m²)
    EPC dateOct 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    13 Jan 2017

    £185,000

    Key Metrics

    Estimated valuation£229,699
    Value per sq ft / m²£427/sq ft (£4,594/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO30 district percentile44th percentile
    National percentile32nd 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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