12 Fernleigh Apartments Park Avenue

    12 FERNLEIGH APARTMENTS, PARK AVENUE, VENTNOR, PO38 1LE

    This flat/maisonette leasehold property on Park Avenue last sold in December 2022 for £195,000. Based on price growth in the PO38 district since then, its estimated current value is £202,255 — placing it in the 25th percentile nationally and the 25th percentile within PO38. The property covers 59 m² (635 sq ft), giving an estimated value of £3,428 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    59 m²

    (635 sq ft)

    Last Sale Price

    £195,000

    Dec 2022

    Estimated Valuation

    £202,255

    Est. £/m²

    £3,428/m²

    £318/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 2003-2006
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area59 m² (635 sq ft)
    EPC dateNov 2020
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 Dec 2022

    £195,000

    10 Jan 2011

    New build

    £130,000

    Key Metrics

    Estimated valuation£202,255
    Value per m² / sq ft£3,428/m² (£318/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile25th percentile
    National percentile25th 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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