1 Marine ParadeHouse Prices / South East, Isle of Wight, Marine Parade, PO38 1JN
Key Building Insights
1 Marine Parade is a residential building situated on Marine Parade, Ventnor, PO38 with 3 addresses.
It ranks as the 162nd largest and 191st most expensive of the 391 buildings in the PO38 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 3 flats.
- Flats
Key Building Insights
1 Marine Parade is a residential building situated on Marine Parade, Ventnor, PO38 with 3 addresses.
It ranks as the 162nd largest and 191st most expensive of the 391 buildings in the PO38 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 3 properties: 3 flats.
- Flats
House Pricesin 1 Marine Parade
Sale prices range from £164,689 for 2 bedroom leasehold flats (379 ft2) to £300,515 for 3 bedroom leasehold flats (1,087 ft2) .
Monthly rental prices range from £818 pcm for 2 bed flats to £1,227 pcm for 3 bed flats.
The gross rental yield is between 4.9% and 6.0%.
The average value per square foot is £433.
Sales Market Trendsin 1 Marine Parade
The last sale in 1 Marine Parade sold for £370,000 on 17th March 2023. Since then prices are down an average of 12.4%.
The current average value in the building is £209,964.
The 1 Marine Parade Sales Market has increased by 16.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -6.4% | £209,964 |
| May 2025 | 1.3% | £224,425 |
| May 2024 | -7.4% | £221,455 |
| May 2023 | 3.2% | £239,088 |
| May 2022 | 4.8% | £231,638 |
| May 2021 | 7.3% | £221,065 |
| May 2020 | 8.5% | £205,940 |
| May 2019 | 6.1% | £189,780 |
| May 2018 | 0.6% | £178,820 |
| May 2017 | -1.9% | £177,695 |
| May 2016 | 5.7% | £181,049 |
| May 2015 | 3.1% | £171,331 |
| May 2014 | 3.5% | £166,106 |
| May 2013 | -5.5% | £160,426 |
| May 2012 | -1.4% | £169,782 |
| May 2011 | -3.3% | £172,190 |
| May 2010 | 7.8% | £178,034 |
| May 2009 | -8.5% | £165,164 |
| May 2008 | -0.2% | £180,424 |
| May 2007 | 0% | £180,779 |
Rental Market Trendsin 1 Marine Parade
The current average rental value in the building is £954.
The 1 Marine Parade Rental Market has increased by 32.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 2.2% | £954pcm |
| May 2025 | 2.5% | £934pcm |
| May 2024 | 9.4% | £911pcm |
| May 2023 | 6.9% | £833pcm |
| May 2022 | 6.7% | £779pcm |
| May 2021 | 3.4% | £730pcm |
| May 2020 | 1% | £706pcm |
| May 2019 | 1.9% | £699pcm |
| May 2018 | -1.7% | £686pcm |
| May 2017 | -3.3% | £698pcm |
| May 2016 | 5.5% | £722pcm |
| May 2015 | 3.9% | £684pcm |
| May 2014 | 5.2% | £659pcm |
| May 2013 | 1.6% | £626pcm |
| May 2012 | -1.7% | £616pcm |
| May 2011 | 5% | £627pcm |
| May 2010 | 5.7% | £597pcm |
| May 2009 | -2% | £565pcm |
| May 2008 | 3.2% | £576pcm |
| May 2007 | 0% | £559pcm |
Explore Propertiesin 1, Marine Parade, Ventnor, PO38 1JN
Sales Historyin 1, Marine Parade, Ventnor, PO38 1JN
The last sale was on 17th March 2023 for £370,000 and since then the market in the area has decreased by 12.4%. The building has had a total of 5 sales since 1995.
1, Marine Parade, Ventnor, PO38 1JN has seen 1 sale in the last three years and no sales in the last twelve months.
Property Typesin 1 Marine Parade
- 2 period flats built between 1800 and 1911
- 1 other address of unknown type
- period flat (2)
- Unknown (1)
Energy Efficiencyof properties in 1 Marine Parade
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (1)
- No EPC (1)
Top 3 Most Expensive Saleson Marine Parade, Ventnor, PO38
Schools Nearby
- 1.1kmSt Francis Catholic and Church of England Primary Academy
- 2.7kmWroxall Primary School
- 4.4kmSt Blasius Shanklin CofE Primary Academy
- 1.0kmThe Island Free School
- 13.3kmChrist The King College
- 13.7kmCarisbrooke College
More reading links
Public Transport Nearby
The closest station to 1, Marine Parade, Ventnor, PO38 1JN is Shanklin station, which is 4.9 kilometres away.
- 4.9kmShanklin
- 6.5kmLake
- 7.7kmSandown
- 10.6kmBrading