The Homestead Elm Close

    THE HOMESTEAD, ELM CLOSE, SEAVIEW, PO34 5ED

    This detached freehold property on Elm Close last sold in November 2022 for £390,000. Based on price growth in the PO34 district since then, its estimated current value is £340,278 — placing it in the 57th percentile nationally and the 38th percentile within PO34. The property covers 78 m² (840 sq ft), giving an estimated value of £4,363 per m². The EPC rating is F, with a potential rating of E.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    78 m²

    (840 sq ft)

    Last Sale Price

    £390,000

    Nov 2022

    Estimated Valuation

    £340,278

    Est. £/m²

    £4,363/m²

    £405/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fueldual fuel - mineral + wood
    EPC currentF
    EPC potentialE
    Floor area78 m² (840 sq ft)
    EPC dateJul 2022
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, dual fuel (mineral and wood)

    Transaction History

    28 Nov 2022

    £390,000

    Key Metrics

    Estimated valuation£340,278
    Value per m² / sq ft£4,363/m² (£405/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO34 district percentile38th percentile
    National percentile57th 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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