Melbury Newport Road

    MELBURY, NEWPORT ROAD, NITON, VENTNOR, PO38 2DB

    This detached freehold property on Newport Road last sold in May 2013 for £365,000. Based on price growth in the PO38 district since then, its estimated current value is £551,331 — placing it in the 83rd percentile nationally and the 90th percentile within PO38. The property covers 153 m² (1,647 sq ft), giving an estimated value of £3,603 per m². The EPC rating is G, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    153 m²

    (1,647 sq ft)

    Last Sale Price

    £365,000

    May 2013

    Estimated Valuation

    £551,331

    Est. £/m²

    £3,603/m²

    £335/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms7
    Main fuelelectricity (not community)
    EPC currentG
    EPC potentialC
    Floor area153 m² (1,647 sq ft)
    EPC dateOct 2012
    WallsSolid brick, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    14 May 2013

    £365,000

    20 Oct 1999

    £170,000

    Key Metrics

    Estimated valuation£551,331
    Value per m² / sq ft£3,603/m² (£335/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile90th percentile
    National percentile83rd 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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