Flat 5 38 Melville Street

    FLAT 5 38, MELVILLE STREET, SANDOWN, SANDOWN, PO36 8HX

    This flat/maisonette leasehold property on Melville Street last sold in May 2002 for £74,950. Based on price growth in the PO36 district since then, its estimated current value is £162,245 — placing it in the 15th percentile nationally and the 15th percentile within PO36. The property covers 69 m² (743 sq ft), giving an estimated value of £2,351 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    69 m²

    (743 sq ft)

    Last Sale Price

    £74,950

    May 2002

    Estimated Valuation

    £162,245

    Est. £/m²

    £2,351/m²

    £218/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area69 m² (743 sq ft)
    EPC dateSept 2019
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    3 May 2002

    £74,950

    7 Nov 1997

    New build

    £44,500

    Key Metrics

    Estimated valuation£162,245
    Value per m² / sq ft£2,351/m² (£218/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile15th percentile
    National percentile15th 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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