8 Melrose Close

    8, MELROSE CLOSE, NEWPORT, PO30 1AW

    This semi-detached freehold property on Melrose Close last sold in September 2017 for £255,000. Based on price growth in the PO30 district since then, its estimated current value is £316,612 — placing it in the 53rd percentile nationally and the 75th percentile within PO30. The property covers 84 m² (904 sq ft), giving an estimated value of £3,769 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    904 sq ft

    84 m²

    Last Sale Price

    £255,000

    Sept 2017

    Estimated Valuation

    £316,612

    Est. £/sq ft

    £350/sq ft

    £3,769/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area904 sq ft (84 m²)
    EPC dateAug 2016
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Sept 2017

    New build

    £255,000

    Key Metrics

    Estimated valuation£316,612
    Value per sq ft / m²£350/sq ft (£3,769/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO30 district percentile75th percentile
    National percentile53rd 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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