The Waves Pier Road

    THE WAVES, PIER ROAD, SEAVIEW, PO34 5BL

    This flat/maisonette leasehold property on Pier Road last sold in May 2018 for £125,000. Based on price growth in the PO34 district since then, its estimated current value is £159,763 — placing it in the 15th percentile nationally and the 5th percentile within PO34. The property covers 51 m² (549 sq ft), giving an estimated value of £3,133 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    51 m²

    (549 sq ft)

    Last Sale Price

    £125,000

    May 2018

    Estimated Valuation

    £159,763

    Est. £/m²

    £3,133/m²

    £291/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area51 m² (549 sq ft)
    EPC dateJun 2024
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 May 2018

    £125,000

    2 May 1997

    £18,000

    Key Metrics

    Estimated valuation£159,763
    Value per m² / sq ft£3,133/m² (£291/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO34 district percentile5th percentile
    National percentile15th percentile

    District Context — PO34

    PO34 covers the Isle of Wight's central and southern areas, sitting off the Hampshire coast. It is predominantly a mature residential location with strong appeal to retirees and those seeking a quieter, coastal lifestyle.

    Average Property Price - PO34

    £435,828

    73

    National percentile

    Average Net Household Income - PO34

    £38,377

    51

    National percentile

    10-Year Annualised Price Growth - PO34

    3.1%

    32

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO34

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