Cherry Trees High Street

    CHERRY TREES, HIGH STREET, NITON, VENTNOR, PO38 2AZ

    This detached freehold property on High Street last sold in April 2017 for £332,500. Based on price growth in the PO38 district since then, its estimated current value is £452,063 — placing it in the 74th percentile nationally and the 82nd percentile within PO38. The property covers 96 m² (1,033 sq ft), giving an estimated value of £4,709 per m². The EPC rating is E, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    96 m²

    (1,033 sq ft)

    Last Sale Price

    £332,500

    Apr 2017

    Estimated Valuation

    £452,063

    Est. £/m²

    £4,709/m²

    £437/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area96 m² (1,033 sq ft)
    EPC dateApr 2012
    WallsCavity wall, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    19 Apr 2017

    £332,500

    8 Aug 2012

    £250,000

    22 Aug 2006

    £275,000

    22 Jul 1996

    £78,500

    Key Metrics

    Estimated valuation£452,063
    Value per m² / sq ft£4,709/m² (£437/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile82nd percentile
    National percentile74th 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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