Flat 1 Mari Laetare Esplanade

    FLAT 1 MARI LAETARE, ESPLANADE, VENTNOR, PO38 1JX

    This flat/maisonette freehold property on Esplanade last sold in December 2016 for £362,000. Based on price growth in the PO38 district since then, its estimated current value is £422,046 — placing it in the 70th percentile nationally and the 79th percentile within PO38. The property covers 103 m² (1,109 sq ft), giving an estimated value of £4,098 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    103 m²

    (1,109 sq ft)

    Last Sale Price

    £362,000

    Dec 2016

    Estimated Valuation

    £422,046

    Est. £/m²

    £4,098/m²

    £381/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area103 m² (1,109 sq ft)
    EPC dateMay 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    16 Dec 2016

    £362,000

    16 Dec 2015

    £200,000

    Key Metrics

    Estimated valuation£422,046
    Value per m² / sq ft£4,098/m² (£381/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile79th percentile
    National percentile70th 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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