Mari Laetare EsplanadeHouse Prices / South East, Isle of Wight, Esplanade, PO38 1JX
Key Building Insights
Mari Laetare Esplanade is a residential building situated on Esplanade, Ventnor, PO38 with 2 addresses.
It ranks as the 121st largest and 372nd most expensive of the 391 buildings in the PO38 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
- Flats
Key Building Insights
Mari Laetare Esplanade is a residential building situated on Esplanade, Ventnor, PO38 with 2 addresses.
It ranks as the 121st largest and 372nd most expensive of the 391 buildings in the PO38 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The building contains a total of 2 properties: 2 flats.
- Flats
House Pricesin Mari Laetare Esplanade
Sale prices range from £349,997 for 3 bedroom leasehold flats (1,108 ft2) to £350,726 for 3 bedroom leasehold flats (1,108 ft2) .
Monthly rental prices range from £1,429 pcm for 3 bed flats to £1,431 pcm for 3 bed flats.
The gross rental yield is between 4.9% and 4.9%.
The average value per square foot is £316.
Sales Market Trendsin Mari Laetare Esplanade
The last sale in Mari Laetare Esplanade sold for £362,000 on 16th December 2016. Since then prices are up an average of 15.1%.
The current average value in the building is £350,361.
The Mari Laetare Esplanade Sales Market has increased by 13.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -7% | £350,361 |
| May 2025 | 1.4% | £376,795 |
| May 2024 | -7.6% | £371,669 |
| May 2023 | 3.1% | £402,117 |
| May 2022 | 4.7% | £390,178 |
| May 2021 | 7.5% | £372,745 |
| May 2020 | 7.9% | £346,799 |
| May 2019 | 6% | £321,314 |
| May 2018 | 0.3% | £303,100 |
| May 2017 | -1.8% | £302,083 |
| May 2016 | 5.6% | £307,479 |
| May 2015 | 3.6% | £291,283 |
| May 2014 | 3% | £281,266 |
| May 2013 | -5.4% | £272,977 |
| May 2012 | -1.1% | £288,475 |
| May 2011 | -2.5% | £291,706 |
| May 2010 | 8.5% | £299,247 |
| May 2009 | -8.7% | £275,851 |
| May 2008 | 0.2% | £302,103 |
| May 2007 | 0% | £301,634 |
Rental Market Trendsin Mari Laetare Esplanade
The current average rental value in the building is £1,430.
The Mari Laetare Esplanade Rental Market has increased by 29.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.6% | £1,430pcm |
| May 2025 | 2.5% | £1,407pcm |
| May 2024 | 9.2% | £1,373pcm |
| May 2023 | 6.7% | £1,257pcm |
| May 2022 | 6.6% | £1,178pcm |
| May 2021 | 3.6% | £1,105pcm |
| May 2020 | 0.4% | £1,067pcm |
| May 2019 | 1.8% | £1,063pcm |
| May 2018 | -2% | £1,044pcm |
| May 2017 | -3.2% | £1,065pcm |
| May 2016 | 5.4% | £1,101pcm |
| May 2015 | 4.3% | £1,045pcm |
| May 2014 | 4.7% | £1,001pcm |
| May 2013 | 1.8% | £956pcm |
| May 2012 | -1.4% | £940pcm |
| May 2011 | 5.9% | £954pcm |
| May 2010 | 6.3% | £901pcm |
| May 2009 | -2.2% | £847pcm |
| May 2008 | 3.5% | £866pcm |
| May 2007 | 0% | £837pcm |
Explore Propertiesin Mari Laetare, Esplanade, Ventnor, PO38 1JX
Sales Historyin Mari Laetare, Esplanade, Ventnor, PO38 1JX
The last sale was on 16th December 2016 for £362,000 and since then the market in the area has increased by 15.1%. The building has had a total of 2 sales since 1995.
Mari Laetare, Esplanade, Ventnor, PO38 1JX has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin Mari Laetare Esplanade
- 2 mid-century flats built between 1936 and 1979
- mid-century flat (2)
Energy Efficiencyof properties in Mari Laetare Esplanade
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Saleson Esplanade, Ventnor, PO38
Schools Nearby
- 1.0kmSt Francis Catholic and Church of England Primary Academy
- 2.7kmWroxall Primary School
- 4.5kmSt 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 Mari Laetare, Esplanade, Ventnor, PO38 1JX is Shanklin station, which is 5.0 kilometres away.
- 5.0kmShanklin
- 6.7kmLake
- 7.8kmSandown
- 10.7kmBrading
