3, Esplanade
Key Building Insights
3, Esplanade is a residential building situated on Esplanade, Ventnor, PO38 with 2 addresses.
It ranks as the 43rd largest and 390th most expensive of the 392 buildings in the PO38 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £549,128
- 10 Year change
- up 17.7%
- Ave. Rental Price
- £2,295pcm
- 10 Year change
- up 33.2%
- Ave. £ per ft²
- £373/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Building Insights
3, Esplanade is a residential building situated on Esplanade, Ventnor, PO38 with 2 addresses.
It ranks as the 43rd largest and 390th most expensive of the 392 buildings in the PO38 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
- Ave. Sale Price
- £549,128
- 10 Year change
- up 17.7%
- Ave. Rental Price
- £2,295pcm
- 10 Year change
- up 33.2%
- Ave. £ per ft²
- £373/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Properties on Esplanade, Ventnor, PO38
- 3 Metropole Esplanade
3 Bed Period Flat
- 3 Riviera Esplanade
4 Bed Period Flat
Sales Market Trends
The last sale in 3, Esplanade sold for £825,000 on 15th March 2024. Since then prices are down an average of 3.9%.
The current average value in the building is £549,128.
The 3, Esplanade Sales Market has increased by 17.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.9% | £549,128 |
| June 2025 | 1% | £577,582 |
| June 2024 | -7.1% | £571,720 |
| June 2023 | 1.6% | £615,341 |
| June 2022 | 5.9% | £605,702 |
| June 2021 | 6.4% | £571,758 |
| June 2020 | 9.6% | £537,459 |
| June 2019 | 6.1% | £490,369 |
| June 2018 | 0.6% | £462,107 |
| June 2017 | -1.6% | £459,293 |
| June 2016 | 6.3% | £466,550 |
| June 2015 | 3.9% | £438,933 |
| June 2014 | 2% | £422,487 |
| June 2013 | -4.8% | £414,368 |
| June 2012 | -1% | £435,360 |
| June 2011 | -3.3% | £439,952 |
| June 2010 | 8.4% | £454,914 |
| June 2009 | -7.7% | £419,484 |
| June 2008 | -0.5% | £454,540 |
| June 2007 | 0% | £456,925 |
Rental Market Trends
The current average rental value in the building is £2,295.
The 3, Esplanade Rental Market has increased by 33.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.5% | £2,295pcm |
| June 2025 | 2% | £2,239pcm |
| June 2024 | 8.9% | £2,196pcm |
| June 2023 | 7.5% | £2,016pcm |
| June 2022 | 6.8% | £1,875pcm |
| June 2021 | 3.8% | £1,756pcm |
| June 2020 | 0.8% | £1,691pcm |
| June 2019 | 2% | £1,677pcm |
| June 2018 | -0.5% | £1,645pcm |
| June 2017 | -4.1% | £1,652pcm |
| June 2016 | 4.6% | £1,722pcm |
| June 2015 | 4.9% | £1,647pcm |
| June 2014 | 4.9% | £1,571pcm |
| June 2013 | 1.8% | £1,497pcm |
| June 2012 | -1.3% | £1,471pcm |
| June 2011 | 5.2% | £1,491pcm |
| June 2010 | 7.1% | £1,417pcm |
| June 2009 | -2.9% | £1,323pcm |
| June 2008 | 4.1% | £1,363pcm |
| June 2007 | 0% | £1,309pcm |
Sales History
The last recorded sale was on 15th March 2024 for £825,000 and since then the market in the area has decreased by 3.9%.
3, Esplanade, Ventnor, PO38 1JT has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Mar 2024£825,000 | 4 Bed Flat3 Riviera, Esplanade, Ventnor, PO38 1JT3 Riviera, Esplanade, Ventnor, PO38 1JT
- Sold Mar 2021£330,000 | 3 Bed Flat3 Metropole, Esplanade, Ventnor, PO38 1JP3 Metropole, Esplanade, Ventnor, PO38 1JP
- Sold Aug 2018£300,000 | 3 Bed Flat3 Metropole, Esplanade, Ventnor, PO38 1JP3 Metropole, Esplanade, Ventnor, PO38 1JP
Property Types
- 2 period flats built between 1800 and 1911
- period flat (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Mar 2024£825,000 | 4 Bed Flat3 Riviera, Esplanade, Ventnor, PO38 1JT3 Riviera, Esplanade, Ventnor, PO38 1JT
- Sold Oct 2021£680,000 | 4 Bed HouseLobster Lodge, Esplanade, Ventnor, PO38 1JRLobster Lodge, Esplanade, Ventnor, PO38 1JR
- Sold Jun 2018£670,000 | 4 Bed HouseBalmoral, Esplanade, Ventnor, PO38 1JXBalmoral, Esplanade, Ventnor, PO38 1JX
Schools Nearby
- St Francis Catholic and Church of England Primary Academy1.1 km away
- Wroxall Primary School2.7 km away
- St Blasius Shanklin CofE Primary Academy4.4 km away
- The Island Free School1.0 km away
- Christ The King College13.3 km away
- Carisbrooke College13.7 km away
More reading links
Public Transport Nearby
The closest station to 3, Esplanade, Ventnor, PO38 1JT is Shanklin station, which is 4.9 kilometres away.
- Shanklin|4.9 km away
- Lake|6.6 km away
- Sandown|7.8 km away
- Brading|10.6 km away
