Flat 2 3a Melville Street

    FLAT 2 3A, MELVILLE STREET, SANDOWN, PO36 8JW

    This flat/maisonette leasehold property on Melville Street last sold in January 2015 for £79,000. Based on price growth in the PO36 district since then, its estimated current value is £111,062 — placing it in the 5th percentile nationally and the 5th percentile within PO36. The property covers 58 m² (624 sq ft), giving an estimated value of £1,915 per m². The EPC rating is E, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    58 m²

    (624 sq ft)

    Last Sale Price

    £79,000

    Jan 2015

    Estimated Valuation

    £111,062

    Est. £/m²

    £1,915/m²

    £178/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area58 m² (624 sq ft)
    EPC dateNov 2020
    WallsSolid brick, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    5 Jan 2015

    £79,000

    8 Feb 2008

    £89,000

    20 Oct 2006

    New build

    £83,000

    Key Metrics

    Estimated valuation£111,062
    Value per m² / sq ft£1,915/m² (£178/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile5th percentile
    National percentile5th 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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