5 Matthews Way

    5, MATTHEWS WAY, SEAVIEW, PO34 5LB

    This detached freehold property on Matthews Way last sold in August 2022 for £485,000. Based on price growth in the PO34 district since then, its estimated current value is £423,167 — placing it in the 70th percentile nationally and the 60th percentile within PO34. The property covers 77 m² (829 sq ft), giving an estimated value of £5,496 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    77 m²

    (829 sq ft)

    Last Sale Price

    £485,000

    Aug 2022

    Estimated Valuation

    £423,167

    Est. £/m²

    £5,496/m²

    £511/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area77 m² (829 sq ft)
    EPC dateMar 2014
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    17 Aug 2022

    £485,000

    22 Jul 2014

    £248,000

    14 Nov 2003

    £215,000

    15 Apr 2002

    £155,000

    14 Jul 2000

    £127,950

    29 Jun 1999

    £114,000

    Key Metrics

    Estimated valuation£423,167
    Value per m² / sq ft£5,496/m² (£511/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO34 district percentile60th 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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