15 Merrie Gardens

    15, MERRIE GARDENS, LAKE, SANDOWN, PO36 9QE

    This detached freehold property on Merrie Gardens last sold in August 2019 for £269,950. Based on price growth in the PO36 district since then, its estimated current value is £341,495 — placing it in the 58th percentile nationally and the 77th percentile within PO36. The property covers 71 m² (764 sq ft), giving an estimated value of £4,810 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

    £269,950

    Aug 2019

    Estimated Valuation

    £341,495

    Est. £/m²

    £4,810/m²

    £447/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area71 m² (764 sq ft)
    EPC dateJul 2016
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    19 Aug 2019

    £269,950

    26 Aug 2016

    £235,000

    Key Metrics

    Estimated valuation£341,495
    Value per m² / sq ft£4,810/m² (£447/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile77th percentile
    National percentile58th 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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