Melita Three Gates Road

    MELITA, THREE GATES ROAD, COWES, PO31 7UH

    This detached freehold property on Three Gates Road last sold in November 2022 for £432,500. Based on price growth in the PO31 district since then, its estimated current value is £400,007 — placing it in the 67th percentile nationally and the 75th percentile within PO31. The property covers 93 m² (1,001 sq ft), giving an estimated value of £4,301 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    93 m²

    (1,001 sq ft)

    Last Sale Price

    £432,500

    Nov 2022

    Estimated Valuation

    £400,007

    Est. £/m²

    £4,301/m²

    £400/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area93 m² (1,001 sq ft)
    EPC dateMar 2017
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    8 Nov 2022

    £432,500

    25 May 2017

    £256,000

    Key Metrics

    Estimated valuation£400,007
    Value per m² / sq ft£4,301/m² (£400/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO31 district percentile75th percentile
    National percentile67th percentile

    District Context — PO31

    PO31 covers the Isle of Wight, located off the south coast of England. It is a popular coastal and retirement destination with a mix of seaside towns, rural villages, and heritage attractions.

    Average Property Price - PO31

    £335,741

    53

    National percentile

    Average Net Household Income - PO31

    £40,086

    59

    National percentile

    10-Year Annualised Price Growth - PO31

    3.4%

    41

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO31

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