3 Merz Close

    3, MERZ CLOSE, PORTSMOUTH, PO6 2LF

    This terraced leasehold property on Merz Close last sold in September 2020 for £272,000. Based on price growth in the PO6 district since then, its estimated current value is £457,287 — placing it in the 75th percentile nationally and the 67th percentile within PO6. The property covers 77 m² (829 sq ft), giving an estimated value of £5,939 per m². The EPC rating is B, with a potential rating of B.

    Type

    Terraced

    Tenure

    Leasehold

    Floor Area

    829 sq ft

    77 m²

    Last Sale Price

    £272,000

    Sept 2020

    Estimated Valuation

    £457,287

    Est. £/sq ft

    £552/sq ft

    £5,939/m²

    Property Details

    TypeTerraced
    TenureLeasehold
    Built formEnd-Terrace
    Construction age2014
    Habitable roomsNot available
    Main fuelGas: mains gas
    EPC currentB
    EPC potentialB
    Floor area829 sq ft (77 m²)
    EPC dateMar 2016
    WallsAverage thermal transmittance 0.20 W/m²K
    HeatingBoiler and radiators, mains gas

    Transaction History

    9 Sept 2020

    £272,000

    28 Apr 2016

    New build

    £222,995

    Key Metrics

    Estimated valuation£457,287
    Value per sq ft / m²£552/sq ft (£5,939/m²)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO6 district percentile67th percentile
    National percentile75th percentile

    District Context — PO6

    PO6 covers Fareham and surrounding areas in Hampshire, positioned between Southampton and Portsmouth on the south coast. It is a family-oriented residential district with good transport links and a mix of suburban character and coastal appeal.

    Average Property Price - PO6

    £388,248

    65

    National percentile

    Average Net Household Income - PO6

    £42,195

    67

    National percentile

    10-Year Annualised Price Growth - PO6

    5.6%

    95

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO6

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