2 Spring Cottages Rectory Road

    2 SPRING COTTAGES, RECTORY ROAD, NITON, VENTNOR, PO38 2DL

    This semi-detached freehold property on Rectory Road last sold in August 2013 for £169,000. Based on price growth in the PO38 district since then, its estimated current value is £269,624 — placing it in the 42nd percentile nationally and the 47th percentile within PO38. The property covers 62 m² (667 sq ft), giving an estimated value of £4,349 per m². The EPC rating is F, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    62 m²

    (667 sq ft)

    Last Sale Price

    £169,000

    Aug 2013

    Estimated Valuation

    £269,624

    Est. £/m²

    £4,349/m²

    £404/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fueloil (not community)
    EPC currentF
    EPC potentialB
    Floor area62 m² (667 sq ft)
    EPC dateMay 2013
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, oil

    Transaction History

    9 Aug 2013

    £169,000

    14 Dec 2001

    £96,000

    12 Apr 1996

    £47,000

    Key Metrics

    Estimated valuation£269,624
    Value per m² / sq ft£4,349/m² (£404/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile47th percentile
    National percentile42nd 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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