Flat 2 28 Merton Road

    FLAT 2 28, MERTON ROAD, SOUTHSEA, PO5 2AQ

    This flat/maisonette leasehold property on Merton Road last sold in May 2021 for £197,000. Based on price growth in the PO5 district since then, its estimated current value is £185,238 — placing it in the 21st percentile nationally and the 40th percentile within PO5. The property covers 65 m² (700 sq ft), giving an estimated value of £2,850 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    700 sq ft

    65 m²

    Last Sale Price

    £197,000

    May 2021

    Estimated Valuation

    £185,238

    Est. £/sq ft

    £265/sq ft

    £2,850/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area700 sq ft (65 m²)
    EPC dateMay 2015
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    7 May 2021

    £197,000

    20 Apr 2016

    £176,500

    17 Jan 2006

    £135,000

    Key Metrics

    Estimated valuation£185,238
    Value per sq ft / m²£265/sq ft (£2,850/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO5 district percentile40th percentile
    National percentile21st percentile

    District Context — PO5

    PO5 covers the Waterlooville and Denmead areas, situated in south Hampshire between Portsmouth and the South Downs. It is a suburban residential district with a mixed demographic character, popular with younger households and renters.

    Average Property Price - PO5

    £286,829

    38

    National percentile

    Average Net Household Income - PO5

    £34,694

    30

    National percentile

    10-Year Annualised Price Growth - PO5

    3.5%

    47

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO5

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