5 Meadow Close

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

    This detached freehold property on Meadow Close last sold in March 2020 for £255,000. Based on price growth in the PO36 district since then, its estimated current value is £305,253 — placing it in the 50th percentile nationally and the 66th percentile within PO36. The property covers 71 m² (764 sq ft), giving an estimated value of £4,299 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    71 m²

    (764 sq ft)

    Last Sale Price

    £255,000

    Mar 2020

    Estimated Valuation

    £305,253

    Est. £/m²

    £4,299/m²

    £399/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area71 m² (764 sq ft)
    EPC dateJan 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 Mar 2020

    £255,000

    3 Jul 2006

    £175,000

    Key Metrics

    Estimated valuation£305,253
    Value per m² / sq ft£4,299/m² (£399/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile66th percentile
    National percentile50th 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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