3 Melville Street

    3, MELVILLE STREET, SANDOWN, PO36 8JW

    This flat/maisonette leasehold property on Melville Street last sold in December 2003 for £47,000. Based on price growth in the PO36 district since then, its estimated current value is £76,132 — placing it in the 1st percentile nationally and the 1st percentile within PO36. The property covers 55 m² (592 sq ft), giving an estimated value of £1,384 per m². The EPC rating is B, with a potential rating of A.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    55 m²

    (592 sq ft)

    Last Sale Price

    £47,000

    Dec 2003

    Estimated Valuation

    £76,132

    Est. £/m²

    £1,384/m²

    £129/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialA
    Floor area55 m² (592 sq ft)
    EPC dateNov 2017
    WallsAverage thermal transmittance 0.14 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Dec 2003

    £47,000

    22 Oct 2003

    £26,000

    Key Metrics

    Estimated valuation£76,132
    Value per m² / sq ft£1,384/m² (£129/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile1st percentile
    National percentile1st 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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