Merwood The Grove

    MERWOOD, THE GROVE, VENTNOR, PO38 1TD

    This semi-detached freehold property on The Grove last sold in August 2018 for £325,000. Based on price growth in the PO38 district since then, its estimated current value is £400,235 — placing it in the 67th percentile nationally and the 76th percentile within PO38. The property covers 118 m² (1,270 sq ft), giving an estimated value of £3,392 per m². The EPC rating is E, with a potential rating of C.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    118 m²

    (1,270 sq ft)

    Last Sale Price

    £325,000

    Aug 2018

    Estimated Valuation

    £400,235

    Est. £/m²

    £3,392/m²

    £315/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area118 m² (1,270 sq ft)
    EPC dateMar 2023
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Aug 2018

    £325,000

    22 Jul 2013

    £247,500

    22 Jun 2007

    £235,000

    5 Sept 2001

    £125,000

    Key Metrics

    Estimated valuation£400,235
    Value per m² / sq ft£3,392/m² (£315/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile76th percentile
    National percentile67th 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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