Bank Farm Cottage Main Road

    BANK FARM COTTAGE, MAIN ROAD, NEWBRIDGE, YARMOUTH, PO41 0TU

    This detached freehold property on Main Road last sold in June 2014 for £450,000. Based on price growth in the PO41 district since then, its estimated current value is £680,787 — placing it in the 89th percentile nationally and the 84th percentile within PO41. The property covers 228 m² (2,454 sq ft), giving an estimated value of £2,986 per m². The EPC rating is D, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    228 m²

    (2,454 sq ft)

    Last Sale Price

    £450,000

    Jun 2014

    Estimated Valuation

    £680,787

    Est. £/m²

    £2,986/m²

    £277/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelbulk wood pellets
    EPC currentD
    EPC potentialB
    Floor area228 m² (2,454 sq ft)
    EPC dateMar 2019
    WallsGranite or whinstone, with internal insulation
    HeatingRoom heaters, wood pellets

    Transaction History

    20 Jun 2014

    £450,000

    Key Metrics

    Estimated valuation£680,787
    Value per m² / sq ft£2,986/m² (£277/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO41 district percentile84th percentile
    National percentile89th percentile

    District Context — PO41

    PO41 covers the Isle of Wight's southern and central areas, including Shanklin, Sandown, and surrounding villages. It is a long-established coastal and rural locality with strong appeal to retirees and holiday visitors.

    Average Property Price - PO41

    £448,988

    74

    National percentile

    Average Net Household Income - PO41

    £35,271

    33

    National percentile

    10-Year Annualised Price Growth - PO41

    3.1%

    31

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO41

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