Flat 3 Merton House, 3 - 5 Merton Road

    FLAT 3 MERTON HOUSE, 3 - 5, MERTON ROAD, SOUTHSEA, PO5 2AE

    This flat/maisonette leasehold property on Merton Road last sold in December 2022 for £310,000. Based on price growth in the PO5 district since then, its estimated current value is £273,840 — placing it in the 43rd percentile nationally and the 65th percentile within PO5. The property covers 77 m² (829 sq ft), giving an estimated value of £3,556 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £310,000

    Dec 2022

    Estimated Valuation

    £273,840

    Est. £/sq ft

    £330/sq ft

    £3,556/m²

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area829 sq ft (77 m²)
    EPC dateApr 2018
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Dec 2022

    £310,000

    30 Jan 2017

    £237,500

    16 Sept 2011

    £167,000

    30 May 2003

    £145,500

    7 Aug 1998

    £59,000

    Key Metrics

    Estimated valuation£273,840
    Value per sq ft / m²£330/sq ft (£3,556/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO5 district percentile65th percentile
    National percentile43rd 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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