Flat 4 38 Melville Street

    FLAT 4 38, MELVILLE STREET, SANDOWN, SANDOWN, PO36 8HX

    This flat/maisonette leasehold property on Melville Street last sold in September 2005 for £114,500. Based on price growth in the PO36 district since then, its estimated current value is £175,037 — placing it in the 18th percentile nationally and the 18th percentile within PO36. The property covers 77 m² (829 sq ft), giving an estimated value of £2,273 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    77 m²

    (829 sq ft)

    Last Sale Price

    £114,500

    Sept 2005

    Estimated Valuation

    £175,037

    Est. £/m²

    £2,273/m²

    £211/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area77 m² (829 sq ft)
    EPC dateApr 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Sept 2005

    £114,500

    25 Apr 2003

    £84,000

    10 Nov 2000

    £57,000

    14 Apr 1998

    £43,500

    Key Metrics

    Estimated valuation£175,037
    Value per m² / sq ft£2,273/m² (£211/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile18th percentile
    National percentile18th 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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