Myrtle Cottage Hamstead Road

    MYRTLE COTTAGE, HAMSTEAD ROAD, CRANMORE, YARMOUTH, PO41 0YB

    This detached freehold property on Hamstead Road last sold in September 2024 for £490,000. Based on price growth in the PO41 district since then, its estimated current value is £399,509 — placing it in the 67th percentile nationally and the 40th percentile within PO41. The property covers 110 m² (1,184 sq ft), giving an estimated value of £3,632 per m². The EPC rating is E, with a potential rating of A.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    110 m²

    (1,184 sq ft)

    Last Sale Price

    £490,000

    Sept 2024

    Estimated Valuation

    £399,509

    Est. £/m²

    £3,632/m²

    £337/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialA
    Floor area110 m² (1,184 sq ft)
    EPC dateJan 2023
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingRoom heaters, electric

    Transaction History

    9 Sept 2024

    £490,000

    Key Metrics

    Estimated valuation£399,509
    Value per m² / sq ft£3,632/m² (£337/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO41 district percentile40th percentile
    National percentile67th 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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