Flat 5 45 Melville Street

    FLAT 5 45, MELVILLE STREET, RYDE, PO33 2AE

    This flat/maisonette leasehold property on Melville Street last sold in July 2022 for £187,000. Based on price growth in the PO33 district since then, its estimated current value is £178,169 — placing it in the 19th percentile nationally and the 27th percentile within PO33. The property covers 44 m² (474 sq ft), giving an estimated value of £4,049 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    44 m²

    (474 sq ft)

    Last Sale Price

    £187,000

    Jul 2022

    Estimated Valuation

    £178,169

    Est. £/m²

    £4,049/m²

    £376/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area44 m² (474 sq ft)
    EPC dateMar 2020
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Jul 2022

    £187,000

    7 Jul 1998

    £43,000

    Key Metrics

    Estimated valuation£178,169
    Value per m² / sq ft£4,049/m² (£376/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO33 district percentile27th percentile
    National percentile19th percentile

    District Context — PO33

    PO33 covers the Isle of Wight, situated off the south coast of England. It is a predominantly residential and leisure-focused area with strong seaside appeal.

    Average Property Price - PO33

    £265,257

    32

    National percentile

    Average Net Household Income - PO33

    £36,191

    39

    National percentile

    10-Year Annualised Price Growth - PO33

    2.9%

    25

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO33

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