IDEAL FAMILY HOME * LAKE
By The Wright Estate Agency
£ 310,000
Reviews
3 out of 5 stars
The Wright Estate Agency says ..
This fantastic detached home is located towards the bottom of Merrie Gardens, a very popular estate of houses and bungalows, just a short walk from 2 supermarkets, a popular primary school, and bus stops providing a regular service between Shanklin and Sandown. The local train station with direct...
Property Oracle says ..
This four-bedroom, one-bathroom house is located in Lake South on the Isle of Wight, England. The property is situated on Merrie Gardens, described as a popular residential area convenient to amenities like supermarkets and a primary school. Public transport is also readily accessible, with several bus routes and train stations within walking distance. The property itself appears to be a detached house, with a small garden visible in the photos.
The interior photos reveal a somewhat dated aesthetic, with the decor and furnishings appearing to be in need of an update. While clean and seemingly well-maintained, the condition of the property is not in pristine condition. Some rooms may benefit from modernisation and decluttering to enhance its overall appeal and market value. There is also a lack of precise details on the overall square footage, which would help in providing a more comprehensive valuation. The presence of a small garden is a positive attribute but this is a modest garden and not large or particularly well-landscaped.
The asking price is in line with other similar properties on the Merrie Gardens estate. However, without precise square footage and land information, it’s difficult to fully analyze the value per square foot to provide an accurate valuation comparison. The nearby properties with available information demonstrate a range of prices, suggesting that the list price reflects the current market conditions in the immediate area.
Therefore, we give this property 6 / 10. *Disclaimer: This is our option and does constitute a recommendation or financial advice. Do your own research. *
- Price
- 7
- Condition
- 6
- Location
- 7
- Land
- 4
- Bedrooms
- 4
- Bathrooms
- 1
- Sqft (est)
- 1,000.00
The heatmap indicates the level of crime in the area. The color of the heatmap indicates the crime severity and recency.
Metrics Year-on-Year
- Average area value
- 431,250.00 £Increased by 5.19 %
- Est sale value
- 433,000.00 £Increased by 65.90 %
- Average area rental value
- 1,300.00 £/moDecreased by 23.48 %
- Est letting value
- 1,000.00 £/moUnchanged by 0.00 %
- Est rental Yield
- 3.62 %Decreased by 27.16 %
- Crime Rate
- 24.00 %Unchanged by 0.00 %
Agent Activity
The Wright Estate Agency created the listing.
Nearby Schools
| Name | Type | Ofsted | Distance |
|---|---|---|---|
| Broadlea Primary School | Community School | Good | 0.45 KM |
| Gatten And Lake Primary School | Community School | Good | 0.81 KM |
| St Blasius Shanklin Cofe Primary Academy | Academy Sponsor Led | Good | 1.77 KM |
| The Bays Children'S Centre | Children's Centre | 2.03 KM | |
| The Bay Church Of England School | Voluntary Controlled School | Good | 2.52 KM |
Images
Nearby Streets
| Name | Average Price | Average Sqft | Distance |
|---|---|---|---|
| Home Farm Close | £ 0 | 0 | 0.00 KM |
| Plover Close | £ 275,000 | 0 | 0.00 KM |
| Royal Close | £ 260,000 | 0 | 0.00 KM |
| Deans Close | £ 240,000 | 0 | 0.00 KM |
| Lea Road | £ 0 | 0 | 0.00 KM |
Nearby Transport
| Name | NLC | TLC | Distance |
|---|---|---|---|
| Shanklin | 5529 | SHN | 1.24 KM |
| Lake | 5504 | LKE | 1.36 KM |
| Sandown | 5525 | SAN | 2.23 KM |
| Brading | 5530 | BDN | 5.76 KM |
| Smallbrook Junction | 5494 | SAB | 7.84 KM |
Nearby Listings
| Address | Price | Type | Score | Distance |
|---|---|---|---|---|
| IDEAL FAMILY HOME * LAKE | £ 310,000 | BUY | 6 / 10 | 0.00 KM |
| Blackpan Close, Sandown, Isle of Wight | £ 182,000 | BUY | 7 / 10 | 0.09 KM |
| Blackpan Close, Sandown, Isle of Wight | £ 275,000 | BUY | 6 / 10 | 0.09 KM |
| CHAIN FREE * LAKE | £ 275,000 | BUY | Unknown | 0.12 KM |
| Lake * Chain Free | £ 265,000 | BUY | 6 / 10 | 0.14 KM |
Nearby Properties
| Address | Price | Distance |
|---|---|---|
| 1 Merrie Gardens | £ 132,000 | 0.03 KM |
| 9 Merrie Gardens | £ 205,000 | 0.03 KM |
| 5 Merrie Gardens | £ 235,000 | 0.03 KM |
| 7 Merrie Gardens | £ 181,000 | 0.03 KM |
| 12 Merrie Gardens | £ 177,500 | 0.06 KM |