54 Melville Street

    54, MELVILLE STREET, SANDOWN, PO36 8LF

    This detached leasehold property on Melville Street last sold in November 2024 for £300,000. Based on price growth in the PO36 district since then, its estimated current value is £283,091 — placing it in the 45th percentile nationally and the 59th percentile within PO36. The property covers 122 m² (1,313 sq ft), giving an estimated value of £2,320 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Leasehold

    Floor Area

    122 m²

    (1,313 sq ft)

    Last Sale Price

    £300,000

    Nov 2024

    Estimated Valuation

    £283,091

    Est. £/m²

    £2,320/m²

    £216/sq ft

    Property Details

    TypeDetached
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area122 m² (1,313 sq ft)
    EPC dateJun 2023
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Nov 2024

    £300,000

    Key Metrics

    Estimated valuation£283,091
    Value per m² / sq ft£2,320/m² (£216/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile59th percentile
    National percentile45th 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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