Park House Park Avenue

    PARK HOUSE, PARK AVENUE, VENTNOR, PO38 1LD

    This detached freehold property on Park Avenue last sold in May 2015 for £400,000. Based on price growth in the PO38 district since then, its estimated current value is £610,100 — placing it in the 86th percentile nationally and the 93rd percentile within PO38. The property covers 453 m² (4,876 sq ft), giving an estimated value of £1,347 per m². The EPC rating is G, with a potential rating of D.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    453 m²

    (4,876 sq ft)

    Last Sale Price

    £400,000

    May 2015

    Estimated Valuation

    £610,100

    Est. £/m²

    £1,347/m²

    £125/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms12
    Main fuelelectricity (not community)
    EPC currentG
    EPC potentialD
    Floor area453 m² (4,876 sq ft)
    EPC dateOct 2014
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters, Boiler and radiators, mains gas

    Transaction History

    28 May 2015

    £400,000

    Key Metrics

    Estimated valuation£610,100
    Value per m² / sq ft£1,347/m² (£125/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile93rd percentile
    National percentile86th 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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