38 Merrie Gardens

    38, MERRIE GARDENS, LAKE, SANDOWN, PO36 9QN

    This detached freehold property on Merrie Gardens last sold in June 2014 for £225,000. Based on price growth in the PO36 district since then, its estimated current value is £326,875 — placing it in the 55th percentile nationally and the 73rd percentile within PO36. The property covers 75 m² (807 sq ft), giving an estimated value of £4,358 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    75 m²

    (807 sq ft)

    Last Sale Price

    £225,000

    Jun 2014

    Estimated Valuation

    £326,875

    Est. £/m²

    £4,358/m²

    £405/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1991-1995
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area75 m² (807 sq ft)
    EPC dateFeb 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Jun 2014

    £225,000

    6 Mar 1997

    New build

    £69,600

    Key Metrics

    Estimated valuation£326,875
    Value per m² / sq ft£4,358/m² (£405/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO36 district percentile73rd percentile
    National percentile55th 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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