Thatchdown Merstone Lane

    THATCHDOWN, MERSTONE LANE, MERSTONE, NEWPORT, PO30 3DQ

    This detached freehold property on Merstone Lane last sold in February 2019 for £215,000. Based on price growth in the PO30 district since then, its estimated current value is £264,838 — placing it in the 41st percentile nationally and the 59th percentile within PO30. The property covers 89 m² (958 sq ft), giving an estimated value of £2,976 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    958 sq ft

    89 m²

    Last Sale Price

    £215,000

    Feb 2019

    Estimated Valuation

    £264,838

    Est. £/sq ft

    £276/sq ft

    £2,976/m²

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms5
    Main fueloil (not community)
    EPC currentE
    EPC potentialB
    Floor area958 sq ft (89 m²)
    EPC dateAug 2018
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    5 Feb 2019

    £215,000

    15 Jun 2007

    £337,500

    16 Jun 2006

    £295,000

    6 Jun 2003

    £210,000

    Key Metrics

    Estimated valuation£264,838
    Value per sq ft / m²£276/sq ft (£2,976/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO30 district percentile59th percentile
    National percentile41st 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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