Flat 2 38 Melville Street

    FLAT 2 38, MELVILLE STREET, SANDOWN, SANDOWN, PO36 8HX

    This flat/maisonette leasehold property on Melville Street last sold in December 1997 for £44,500. Based on price growth in the PO36 district since then, its estimated current value is £192,565 — placing it in the 23rd percentile nationally and the 23rd percentile within PO36. The property covers 75 m² (807 sq ft), giving an estimated value of £2,568 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    75 m²

    (807 sq ft)

    Last Sale Price

    £44,500

    Dec 1997

    Estimated Valuation

    £192,565

    Est. £/m²

    £2,568/m²

    £239/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area75 m² (807 sq ft)
    EPC dateSept 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Dec 1997

    New build

    £44,500

    Key Metrics

    Estimated valuation£192,565
    Value per m² / sq ft£2,568/m² (£239/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile23rd percentile
    National percentile23rd 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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