3 Spring Cottages Marlborough Road

    3 SPRING COTTAGES, MARLBOROUGH ROAD, VENTNOR, PO38 1TY

    This terraced freehold property on Marlborough Road last sold in March 2006 for £197,500. Based on price growth in the PO38 district since then, its estimated current value is £282,010 — placing it in the 45th percentile nationally and the 51st percentile within PO38. The property covers 87 m² (936 sq ft), giving an estimated value of £3,241 per m². The EPC rating is C, with a potential rating of B.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    87 m²

    (936 sq ft)

    Last Sale Price

    £197,500

    Mar 2006

    Estimated Valuation

    £282,010

    Est. £/m²

    £3,241/m²

    £301/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area87 m² (936 sq ft)
    EPC dateMar 2013
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Mar 2006

    New build

    £197,500

    Key Metrics

    Estimated valuation£282,010
    Value per m² / sq ft£3,241/m² (£301/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile51st percentile
    National percentile45th 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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