Melbourne Lodge, Alma Road - PO38 1JU
Key Building Insights
Melbourne Lodge, Alma Road is a residential building situated on Alma Road, Ventnor, PO38 with 4 addresses.
It ranks as the 286th largest and 94th most expensive of the 392 buildings in the PO38 area.
The building contains a total of 4 properties: 4 flats.
- Ave. Sale Price
- £134,873
- 10 Year change
- up 16.5%
- Ave. Rental Price
- £909pcm
- 10 Year change
- up 31.8%
- Ave. £ per ft²
- £267/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Key Building Insights
Melbourne Lodge, Alma Road is a residential building situated on Alma Road, Ventnor, PO38 with 4 addresses.
It ranks as the 286th largest and 94th most expensive of the 392 buildings in the PO38 area.
The building contains a total of 4 properties: 4 flats.
- Ave. Sale Price
- £134,873
- 10 Year change
- up 16.5%
- Ave. Rental Price
- £909pcm
- 10 Year change
- up 31.8%
- Ave. £ per ft²
- £267/ft²
- Ave. Gross Yield
- 8.1%/year/yr
Explore Propertieson Alma Road, Ventnor, PO38
- Flat 2 Melbourne Lodge
Mid-century Flat
- Flat 3 Melbourne Lodge
Mid-century Flat
- Flat 4 Melbourne Lodge
Mid-century Flat
- Studio Basement
Mid-century Flat
Sales Market Trends
The current average value in the building is £134,873.
The Melbourne Lodge, Alma Road Sales Market has increased by 16.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.7% | £134,873 |
| June 2025 | 0.4% | £141,525 |
| June 2024 | -7% | £140,980 |
| June 2023 | 1.4% | £151,534 |
| June 2022 | 5.8% | £149,409 |
| June 2021 | 6.5% | £141,202 |
| June 2020 | 9.6% | £132,599 |
| June 2019 | 6.1% | £120,945 |
| June 2018 | 0% | £114,019 |
| June 2017 | -1.5% | £114,026 |
| June 2016 | 6.4% | £115,809 |
| June 2015 | 3.4% | £108,831 |
| June 2014 | 2.5% | £105,286 |
| June 2013 | -4.8% | £102,671 |
| June 2012 | -1.6% | £107,888 |
| June 2011 | -4.2% | £109,610 |
| June 2010 | 7.3% | £114,373 |
| June 2009 | -7.1% | £106,586 |
| June 2008 | -1.3% | £114,772 |
| June 2007 | 0% | £116,331 |
Rental Market Trends
The current average rental value in the building is £909.
The Melbourne Lodge, Alma Road Rental Market has increased by 31.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £909pcm |
| June 2025 | 1.3% | £885pcm |
| June 2024 | 9% | £873pcm |
| June 2023 | 7.4% | £801pcm |
| June 2022 | 6.7% | £746pcm |
| June 2021 | 3.9% | £699pcm |
| June 2020 | 0.9% | £673pcm |
| June 2019 | 2% | £667pcm |
| June 2018 | -1.1% | £654pcm |
| June 2017 | -4.1% | £662pcm |
| June 2016 | 4.7% | £690pcm |
| June 2015 | 4.3% | £659pcm |
| June 2014 | 5.5% | £631pcm |
| June 2013 | 1.8% | £598pcm |
| June 2012 | -1.8% | £588pcm |
| June 2011 | 4.2% | £599pcm |
| June 2010 | 6% | £575pcm |
| June 2009 | -2.3% | £542pcm |
| June 2008 | 3.3% | £555pcm |
| June 2007 | 0% | £538pcm |
Property Types
- 4 other addresses of unknown type
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The most common rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Apr 2021£402,500 | 3 Bed FlatFlat 5, Silvermere Court, Alma Road, Ventnor, PO38 1JUFlat 5, Silvermere Court, Alma Road, Ventnor, PO38 1JU
- Sold Jun 2006£331,000 | 3 Bed HouseAlma House, Alma Road, Ventnor, PO38 1JUAlma House, Alma Road, Ventnor, PO38 1JU
- Sold Apr 2021£200,000 | 3 Bed FlatFlat 2, The Pelham, Alma Road, Ventnor, PO38 1JUFlat 2, The Pelham, Alma Road, Ventnor, PO38 1JU
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 Melbourne Lodge, Alma Road, Ventnor, PO38 1JU 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
