Verandah Cottage The Close

    VERANDAH COTTAGE, THE CLOSE, SEAVIEW, PO34 5BT

    This terraced leasehold property on The Close last sold in June 2022 for £527,000. Based on price growth in the PO34 district since then, its estimated current value is £419,585 — placing it in the 70th percentile nationally and the 59th percentile within PO34. The property covers 192 m² (2,067 sq ft), giving an estimated value of £2,185 per m². The EPC rating is F, with a potential rating of D.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    192 m²

    (2,067 sq ft)

    Last Sale Price

    £527,000

    Jun 2022

    Estimated Valuation

    £419,585

    Est. £/m²

    £2,185/m²

    £203/sq ft

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms9
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialD
    Floor area192 m² (2,067 sq ft)
    EPC dateJan 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    20 Jun 2022

    £527,000

    Key Metrics

    Estimated valuation£419,585
    Value per m² / sq ft£2,185/m² (£203/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO34 district percentile59th percentile
    National percentile70th 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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