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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 11 Metropole, Esplanade, Ventnor is a modern leasehold apartment with 2,206 ft2 of internal area.
Apartments of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 11 Metropole, Esplanade, Ventnor is £539,319 and the estimated rental value is £2,159 per month.
Esplanade, Ventnor, PO38 is located within the PO38 postal district.
11 Metropole, Esplanade, Ventnor has 2 entries in the Land Registry , most recently in June 2013 and a single entry in the EPC database dated April 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 11 Metropole, Esplanade, Ventnor is in very good condition we estimate a sale value of £566,285 and a rental value of £2,267 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £501,567 and a rental value of £2,008 per month.
Over the last 12 months the sale value of 11 Metropole Esplanade Ventnor has decreased by an estimated £37,551 (7.0%) and its rental value has increased by an estimated £60 per month (2.8%), giving an expected gross yield of 4.8%.
11 Metropole, Esplanade, Ventnor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 03 Apr 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 11 Metropole, Esplanade, Ventnor was last sold on 7th June 2013 for £499,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2013, the market for similar properties has dropped 22.9%
According to the Land Registry and our network of Estate Agents, there have been 3 property sales within a 740 metres radius of 11 Metropole, Esplanade, Ventnor over the last 2 years.
The most recent example is 5 Metropole, Esplanade, Ventnor, PO38 1JP, a leasehold flat which sold for £370,000 on the 19th February 2021.
Read more about house prices in PO38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Esplanade, Ventnor, PO38 has a total of 41 addresses. According to our analysis of all the public data, 11 Metropole, Esplanade, Ventnor is the 2nd largest and the 12th most expensive property on the street.
When compared to the postcode district it is £227k more expensive than the average property in PO38.
The closest station to 11 Metropole, Esplanade, Ventnor is Shanklin station which is 4.9 kilometres away.
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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 11 Metropole, Esplanade, Ventnor, 60.2% of property is privately owned outright and 23.7% 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 11 Metropole, Esplanade, Ventnor, 13.0% of residents are recorded as possessing school level qualifications and 29.9% 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 11 Metropole, Esplanade, Ventnor, 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 11 Metropole, Esplanade, Ventnor, 0.8% 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 11 Metropole, Esplanade, Ventnor, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
