Flat 7 Mimosa Court, 2 Hope Road

    FLAT 7 MIMOSA COURT, 2, HOPE ROAD, SHANKLIN, PO37 6EA

    This flat/maisonette leasehold property on Hope Road last sold in February 2023 for £80,000. Based on price growth in the PO37 district since then, its estimated current value is £71,813 — placing it in the 1st percentile nationally and the 1st percentile within PO37. The property covers 26 m² (280 sq ft), giving an estimated value of £2,762 per m². The EPC rating is G, with a potential rating of F.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    26 m²

    (280 sq ft)

    Last Sale Price

    £80,000

    Feb 2023

    Estimated Valuation

    £71,813

    Est. £/m²

    £2,762/m²

    £257/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms1
    Main fuelelectricity (not community)
    EPC currentG
    EPC potentialF
    Floor area26 m² (280 sq ft)
    EPC dateJan 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingNo system present: electric heaters assumed

    Transaction History

    10 Feb 2023

    £80,000

    25 Apr 2018

    £58,000

    11 Mar 1999

    £17,500

    Key Metrics

    Estimated valuation£71,813
    Value per m² / sq ft£2,762/m² (£257/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO37 district percentile1st percentile
    National percentile1st percentile

    District Context — PO37

    PO37 covers the Isle of Wight, sitting off the south coast of England. It is a popular coastal and rural destination with a mix of seaside towns, villages, and countryside appeal.

    Average Property Price - PO37

    £278,073

    36

    National percentile

    Average Net Household Income - PO37

    £32,056

    14

    National percentile

    10-Year Annualised Price Growth - PO37

    2.9%

    27

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO37

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