Flat 3 3 Marine Parade

    FLAT 3 3, MARINE PARADE, VENTNOR, PO38 1JN

    This flat/maisonette leasehold property on Marine Parade last sold in October 2020 for £240,000. Based on price growth in the PO38 district since then, its estimated current value is £263,664 — placing it in the 41st percentile nationally and the 45th percentile within PO38. The property covers 86 m² (926 sq ft), giving an estimated value of £3,066 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    86 m²

    (926 sq ft)

    Last Sale Price

    £240,000

    Oct 2020

    Estimated Valuation

    £263,664

    Est. £/m²

    £3,066/m²

    £285/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area86 m² (926 sq ft)
    EPC dateMar 2019
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Oct 2020

    £240,000

    23 Jun 2014

    £153,000

    28 Nov 2006

    £187,000

    8 Mar 2001

    £80,000

    23 Nov 1995

    £24,450

    Key Metrics

    Estimated valuation£263,664
    Value per m² / sq ft£3,066/m² (£285/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile45th percentile
    National percentile41st 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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