2 Melrose Close

    2, MELROSE CLOSE, NEWPORT, PO30 1AW

    This semi-detached freehold property on Melrose Close last sold in October 2017 for £262,000. Based on price growth in the PO30 district since then, its estimated current value is £325,303 — placing it in the 54th percentile nationally and the 76th percentile within PO30. The property covers 85 m² (915 sq ft), giving an estimated value of £3,827 per m². The EPC rating is B, with a potential rating of A.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    915 sq ft

    85 m²

    Last Sale Price

    £262,000

    Oct 2017

    Estimated Valuation

    £325,303

    Est. £/sq ft

    £356/sq ft

    £3,827/m²

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area915 sq ft (85 m²)
    EPC dateApr 2017
    WallsAverage thermal transmittance 0.24 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    23 Oct 2017

    New build

    £262,000

    Key Metrics

    Estimated valuation£325,303
    Value per sq ft / m²£356/sq ft (£3,827/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO30 district percentile76th percentile
    National percentile54th 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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