Flat 3 Lucerne Villas, 5 Lucerne Road

    FLAT 3 LUCERNE VILLAS, 5, LUCERNE ROAD, SHANKLIN, PO37 7JL

    This flat/maisonette leasehold property on Lucerne Road last sold in August 2022 for £145,000. Based on price growth in the PO37 district since then, its estimated current value is £122,188 — placing it in the 7th percentile nationally and the 13th percentile within PO37. The property covers 47 m² (506 sq ft), giving an estimated value of £2,600 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    47 m²

    (506 sq ft)

    Last Sale Price

    £145,000

    Aug 2022

    Estimated Valuation

    £122,188

    Est. £/m²

    £2,600/m²

    £242/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area47 m² (506 sq ft)
    EPC dateOct 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Aug 2022

    £145,000

    17 Sept 2019

    £98,000

    26 Jun 2007

    £125,000

    22 Sept 2006

    £100,000

    18 May 2001

    £51,000

    Key Metrics

    Estimated valuation£122,188
    Value per m² / sq ft£2,600/m² (£242/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO37 district percentile13th percentile
    National percentile7th 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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