5 Merrie Gardens

    5, MERRIE GARDENS, LAKE, SANDOWN, PO36 9QD

    This detached freehold property on Merrie Gardens last sold in February 2020 for £235,000. Based on price growth in the PO36 district since then, its estimated current value is £281,312 — placing it in the 45th percentile nationally and the 58th percentile within PO36. The property covers 82 m² (883 sq ft), giving an estimated value of £3,431 per m². The EPC rating is B, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    82 m²

    (883 sq ft)

    Last Sale Price

    £235,000

    Feb 2020

    Estimated Valuation

    £281,312

    Est. £/m²

    £3,431/m²

    £319/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1983-1990
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentB
    EPC potentialB
    Floor area82 m² (883 sq ft)
    EPC dateAug 2019
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Feb 2020

    £235,000

    22 Jul 2013

    £179,000

    14 Aug 2002

    £134,000

    21 Jun 2000

    £98,500

    29 Sept 1999

    £86,500

    Key Metrics

    Estimated valuation£281,312
    Value per m² / sq ft£3,431/m² (£319/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile58th 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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