Cherry Tree Main Road

    CHERRY TREE, MAIN ROAD, ALVERSTONE, SANDOWN, PO36 0EZ

    This detached freehold property on Main Road last sold in August 2018 for £425,000. Based on price growth in the PO36 district since then, its estimated current value is £550,505 — placing it in the 83rd percentile nationally and the 96th percentile within PO36. The property covers 158 m² (1,701 sq ft), giving an estimated value of £3,484 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    158 m²

    (1,701 sq ft)

    Last Sale Price

    £425,000

    Aug 2018

    Estimated Valuation

    £550,505

    Est. £/m²

    £3,484/m²

    £324/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms7
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area158 m² (1,701 sq ft)
    EPC dateMar 2018
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Aug 2018

    £425,000

    Key Metrics

    Estimated valuation£550,505
    Value per m² / sq ft£3,484/m² (£324/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile96th percentile
    National percentile83rd percentile

    District Context — PO36

    PO36 covers the Isle of Wight, sitting off the south coast of Hampshire. It is a long-established residential and leisure destination with strong appeal to families, retirees, and holidaymakers.

    Average Property Price - PO36

    £280,642

    37

    National percentile

    Average Net Household Income - PO36

    £33,172

    20

    National percentile

    10-Year Annualised Price Growth - PO36

    3.8%

    57

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO36

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