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2 Mitchell Avenue is a residential building situated on Mitchell Avenue, Ventnor, PO38 with 2 addresses.
It ranks as the 30th largest and 195th most expensive of the 391 buildings in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
2 Mitchell Avenue is a residential building situated on Mitchell Avenue, Ventnor, PO38 with 2 addresses.
It ranks as the 30th largest and 195th most expensive of the 391 buildings in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
Sale prices range from £128,884 for 2 bedroom leasehold flats (804 ft2) to £208,004 for 3 bedroom leasehold houses with a garden (785 ft2) .
Monthly rental prices range from £879 pcm for 2 bed flats to £1,256 pcm for 3 bed houses.
The gross rental yield is between 7.2% and 8.2%.
The average value per square foot is £212.
The last sale in 2 Mitchell Avenue sold for £180,000 on 23rd November 2018. Since then prices are up an average of 23.2%.
The current average value in the building is £168,444.
The 2 Mitchell Avenue Sales Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -4.4% | £168,444 |
| May 2025 | 2.5% | £176,185 |
| May 2024 | -9% | £171,953 |
| May 2023 | 3.6% | £188,949 |
| May 2022 | 8.2% | £182,362 |
| May 2021 | 8.3% | £168,591 |
| May 2020 | 9% | £155,705 |
| May 2019 | 6.4% | £142,857 |
| May 2018 | 2.6% | £134,247 |
| May 2017 | -0.7% | £130,888 |
| May 2016 | 6.4% | £131,849 |
| May 2015 | 3.3% | £123,865 |
| May 2014 | 4.3% | £119,959 |
| May 2013 | -5.8% | £115,038 |
| May 2012 | -1.1% | £122,138 |
| May 2011 | -2.7% | £123,513 |
| May 2010 | 7.2% | £126,890 |
| May 2009 | -9.5% | £118,401 |
| May 2008 | -0.9% | £130,772 |
| May 2007 | 0% | £132,014 |
The current average rental value in the building is £1,067.
The 2 Mitchell Avenue Rental Market has increased by 45.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.5% | £1,067pcm |
| May 2025 | 3.6% | £1,022pcm |
| May 2024 | 7.5% | £986pcm |
| May 2023 | 7.3% | £917pcm |
| May 2022 | 10.1% | £855pcm |
| May 2021 | 4.3% | £777pcm |
| May 2020 | 1.4% | £744pcm |
| May 2019 | 2.2% | £734pcm |
| May 2018 | 0.2% | £718pcm |
| May 2017 | -2.2% | £716pcm |
| May 2016 | 6.2% | £733pcm |
| May 2015 | 4.1% | £690pcm |
| May 2014 | 5.9% | £663pcm |
| May 2013 | 1.3% | £626pcm |
| May 2012 | -1.4% | £618pcm |
| May 2011 | 5.7% | £627pcm |
| May 2010 | 5.1% | £593pcm |
| May 2009 | -3.1% | £564pcm |
| May 2008 | 2.4% | £582pcm |
| May 2007 | 0% | £569pcm |
The last sale was on 23rd November 2018 for £180,000 and since then the market in the area has increased by 23.2%. The building has had a total of 3 sales since 1995.
2, Mitchell Avenue, Ventnor, PO38 1DJ has seen no sales in the last three years and no sales in the last twelve months.
The closest station to 2, Mitchell Avenue, Ventnor, PO38 1DJ is Shanklin station which is 4.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Mitchell Avenue, Ventnor, PO38 1DJ, 51.4% of property is privately owned outright and 24.8% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Mitchell Avenue, Ventnor, PO38 1DJ, 8.0% of residents are recorded as possessing school level qualifications and 43.4% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Mitchell Avenue, Ventnor, PO38 1DJ, the average age was 50.5 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Mitchell Avenue, Ventnor, PO38 1DJ, 0.9% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Mitchell Avenue, Ventnor, PO38 1DJ, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.