2 Verwood Drive

    2, VERWOOD DRIVE, BINSTEAD, RYDE, PO33 3SJ

    This detached freehold property on Verwood Drive last sold in April 2017 for £240,000. Based on price growth in the PO33 district since then, its estimated current value is £301,365 — placing it in the 50th percentile nationally and the 69th percentile within PO33. The property covers 103 m² (1,109 sq ft), giving an estimated value of £2,926 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    103 m²

    (1,109 sq ft)

    Last Sale Price

    £240,000

    Apr 2017

    Estimated Valuation

    £301,365

    Est. £/m²

    £2,926/m²

    £272/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area103 m² (1,109 sq ft)
    EPC dateOct 2016
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    12 Apr 2017

    £240,000

    Key Metrics

    Estimated valuation£301,365
    Value per m² / sq ft£2,926/m² (£272/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO33 district percentile69th percentile
    National percentile50th 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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