3 Meadow Close

    3, MEADOW CLOSE, LAKE, SANDOWN, PO36 9NF

    This detached freehold property on Meadow Close last sold in March 2022 for £270,000. Based on price growth in the PO36 district since then, its estimated current value is £256,812 — placing it in the 39th percentile nationally and the 48th percentile within PO36. The property covers 73 m² (786 sq ft), giving an estimated value of £3,518 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    73 m²

    (786 sq ft)

    Last Sale Price

    £270,000

    Mar 2022

    Estimated Valuation

    £256,812

    Est. £/m²

    £3,518/m²

    £327/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area73 m² (786 sq ft)
    EPC dateSept 2021
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Mar 2022

    £270,000

    17 Dec 1997

    £67,500

    Key Metrics

    Estimated valuation£256,812
    Value per m² / sq ft£3,518/m² (£327/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile48th percentile
    National percentile39th 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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