Apartment 2 Kaia, 5 Marine Parade

    APARTMENT 2 KAIA, 5, MARINE PARADE, VENTNOR, PO38 1JN

    This flat/maisonette leasehold property on Marine Parade last sold in February 2023 for £240,000. Based on price growth in the PO38 district since then, its estimated current value is £215,939 — placing it in the 29th percentile nationally and the 29th percentile within PO38. The property covers 44 m² (474 sq ft), giving an estimated value of £4,908 per m². The EPC rating is B, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    44 m²

    (474 sq ft)

    Last Sale Price

    £240,000

    Feb 2023

    Estimated Valuation

    £215,939

    Est. £/m²

    £4,908/m²

    £456/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction age2017
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area44 m² (474 sq ft)
    EPC dateFeb 2017
    WallsAverage thermal transmittance 0.21 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    15 Feb 2023

    £240,000

    9 Oct 2020

    £160,000

    Key Metrics

    Estimated valuation£215,939
    Value per m² / sq ft£4,908/m² (£456/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile29th percentile
    National percentile29th percentile

    District Context — PO38

    PO38 covers the Isle of Wight and sits off the south coast of Hampshire. It is a predominantly residential area with strong appeal to retirees and families seeking a quieter, coastal lifestyle.

    Average Property Price - PO38

    £322,618

    49

    National percentile

    Average Net Household Income - PO38

    £34,497

    29

    National percentile

    10-Year Annualised Price Growth - PO38

    4.4%

    77

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO38

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