Flat 3 Melbourne Alma Road

    FLAT 3 MELBOURNE, ALMA ROAD, VENTNOR, VENTNOR, PO38 1JU

    This flat/maisonette leasehold property on Alma Road last sold in May 2003 for £107,500. Based on price growth in the PO38 district since then, its estimated current value is £249,849 — placing it in the 37th percentile nationally and the 41st percentile within PO38. The property covers 37 m² (398 sq ft), giving an estimated value of £6,753 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    37 m²

    (398 sq ft)

    Last Sale Price

    £107,500

    May 2003

    Estimated Valuation

    £249,849

    Est. £/m²

    £6,753/m²

    £627/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area37 m² (398 sq ft)
    EPC dateApr 2015
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    28 May 2003

    £107,500

    28 Oct 1999

    £55,000

    12 Mar 1998

    New build

    £59,950

    Key Metrics

    Estimated valuation£249,849
    Value per m² / sq ft£6,753/m² (£627/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile41st percentile
    National percentile37th 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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