7 Sovereign Way

    7, SOVEREIGN WAY, RYDE, PO33 3DL

    This detached freehold property on Sovereign Way last sold in June 2020 for £420,000. Based on price growth in the PO33 district since then, its estimated current value is £437,262 — placing it in the 72nd percentile nationally and the 89th percentile within PO33. The property covers 190 m² (2,045 sq ft), giving an estimated value of £2,301 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    190 m²

    (2,045 sq ft)

    Last Sale Price

    £420,000

    Jun 2020

    Estimated Valuation

    £437,262

    Est. £/m²

    £2,301/m²

    £214/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms10
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area190 m² (2,045 sq ft)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jun 2020

    £420,000

    26 Jul 2002

    £280,000

    9 Feb 1999

    New build

    £130,000

    Key Metrics

    Estimated valuation£437,262
    Value per m² / sq ft£2,301/m² (£214/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO33 district percentile89th percentile
    National percentile72nd 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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