Cherry Tree Lodge Newport Road

    CHERRY TREE LODGE, NEWPORT ROAD, APSE HEATH, SANDOWN, PO36 0JR

    This detached freehold property on Newport Road last sold in January 2024 for £745,000. Based on price growth in the PO36 district since then, its estimated current value is £703,009 — placing it in the 90th percentile nationally and the 99th percentile within PO36. The property covers 160 m² (1,722 sq ft), giving an estimated value of £4,394 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    160 m²

    (1,722 sq ft)

    Last Sale Price

    £745,000

    Jan 2024

    Estimated Valuation

    £703,009

    Est. £/m²

    £4,394/m²

    £408/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area160 m² (1,722 sq ft)
    EPC dateSept 2022
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Jan 2024

    £745,000

    Key Metrics

    Estimated valuation£703,009
    Value per m² / sq ft£4,394/m² (£408/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile99th percentile
    National percentile90th 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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