18 Merrie Gardens

    18, MERRIE GARDENS, LAKE, SANDOWN, PO36 9QG

    This terraced freehold property on Merrie Gardens last sold in September 2021 for £185,000. Based on price growth in the PO36 district since then, its estimated current value is £178,110 — placing it in the 19th percentile nationally and the 19th percentile within PO36. The property covers 52 m² (560 sq ft), giving an estimated value of £3,425 per m². The EPC rating is D, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    52 m²

    (560 sq ft)

    Last Sale Price

    £185,000

    Sept 2021

    Estimated Valuation

    £178,110

    Est. £/m²

    £3,425/m²

    £318/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area52 m² (560 sq ft)
    EPC dateFeb 2023
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    24 Sept 2021

    £185,000

    12 Apr 2001

    £75,000

    Key Metrics

    Estimated valuation£178,110
    Value per m² / sq ft£3,425/m² (£318/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile19th percentile
    National percentile19th 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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