Merindol Castle Road

    MERINDOL, CASTLE ROAD, VENTNOR, PO38 1LG

    This detached freehold property on Castle Road last sold in August 2020 for £280,000. Based on price growth in the PO38 district since then, its estimated current value is £322,324 — placing it in the 54th percentile nationally and the 61st percentile within PO38. The property covers 93 m² (1,001 sq ft), giving an estimated value of £3,466 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    93 m²

    (1,001 sq ft)

    Last Sale Price

    £280,000

    Aug 2020

    Estimated Valuation

    £322,324

    Est. £/m²

    £3,466/m²

    £322/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialB
    Floor area93 m² (1,001 sq ft)
    EPC dateFeb 2020
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    6 Aug 2020

    £280,000

    Key Metrics

    Estimated valuation£322,324
    Value per m² / sq ft£3,466/m² (£322/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile61st percentile
    National percentile54th 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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