4 Fernleigh Apartments Park Avenue

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

    This flat/maisonette leasehold property on Park Avenue last sold in May 2022 for £225,000. Based on price growth in the PO38 district since then, its estimated current value is £233,371 — placing it in the 33rd percentile nationally and the 35th percentile within PO38. The property covers 85 m² (915 sq ft), giving an estimated value of £2,746 per m². The EPC rating is C, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    85 m²

    (915 sq ft)

    Last Sale Price

    £225,000

    May 2022

    Estimated Valuation

    £233,371

    Est. £/m²

    £2,746/m²

    £255/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialC
    Floor area85 m² (915 sq ft)
    EPC dateMar 2022
    WallsCavity wall, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    13 May 2022

    £225,000

    7 Sept 2007

    £187,500

    Key Metrics

    Estimated valuation£233,371
    Value per m² / sq ft£2,746/m² (£255/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile35th percentile
    National percentile33rd 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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