2, Suffolk Place
2, Suffolk Place
Description & Estimates
2, Suffolk Place, Ventnor is recorded publicly as a modern freehold house across 914 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Suffolk Place, Ventnor is £335,933 and its rental estimate is £1,536 per month, given the available information and assuming reasonable condition.
Suffolk Place, Rookley, Ventnor, PO38 falls within the PO38 postal district.
Our Data Sources
2, Suffolk Place, Ventnor has a single entry in the Land Registry from March 2023 and a single entry in the EPC database dated January 2023.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Suffolk Place, Ventnor, we estimate a market value of £352,730 and a rental value of £1,613 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £312,418 and £1,429 per month respectively.
Recent Market Change
Over the last year, 2, Suffolk Place, Ventnor has seen its estimated sale value fall by £11,557 (3.4%) and its estimated rental value move up by £87 per month (5.7%). This results in an estimated gross rental yield of 5.5%.
Energy Efficiency
2, Suffolk Place, Ventnor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 27 Jan 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Air source heat pump, underfloor, electric.
Sold Prices
The most recent sale of 2, Suffolk Place, Ventnor completed on 10th March 2023 at £323,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 5.4% over the period since March 2023.
- Sold Mar 2023£323,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Suffolk Place, Ventnor have sold within a radius of 4.0 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 19th December 2022, was 12, Tylers Grove, Ventnor, PO38 3PF, a freehold house which sold for £316,995.
Read more about house prices in PO38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 5 addresses on Suffolk Place, Rookley, Ventnor, PO38, 2, Suffolk Place, Ventnor comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £16k more expensive than the average property across the PO38 district.
More reading links
Schools Nearby
- 2.9kmGodshill Primary School
- 3.6kmArreton St George's Church of England (Aided) Primary School
- 4.5kmSt Thomas of Canterbury Catholic Primary School
- 4.7kmChrist The King College
- 5.1kmCarisbrooke College
- 6.1kmMedina College
More reading links
Public Transport Nearby
From 2, Suffolk Place, Ventnor, the nearest station is Shanklin, 7.6 kilometres away.
- 7.6kmShanklin
- 8.2kmLake
- 8.4kmSandown
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
