27, Madeira Road
27, Madeira Road
Description & Estimates
27, Madeira Road, Ventnor is described in the public record as a period house with 2,949 ft2 of internal area, sitting on a 467 m2 plot.
Locally, houses of this size normally have 5 bedrooms with a garden.
Our estimate of the sale value of 27, Madeira Road, Ventnor is £489,924 and its rental estimate is £2,480 per month, given the available information and assuming reasonable condition.
Madeira Road, Ventnor, PO38 falls within the PO38 postal district.
Our Data Sources
27, Madeira Road, Ventnor has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2014.
We combine this information with public data 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.
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 27, Madeira Road, Ventnor, we estimate a market value of £514,420 and a rental value of £2,605 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £455,629 and £2,307 per month respectively.
Recent Market Change
Over the last year, 27, Madeira Road, Ventnor has seen its estimated sale value move down by £19,815 (4.0%) and its estimated rental value increase by £91 per month (3.7%). This results in an estimated gross rental yield of 6.1%.
Plot Size
HM Land Registry records the plot of land for 27, Madeira Road, Ventnor as measuring 467 m2.
That makes it the 4th largest plot in the postcode, where all 10 other houses have recorded plot data.
Energy Efficiency
27, Madeira Road, Ventnor has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 01 May 2014.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 27, Madeira Road, Ventnor completed on 10th March 1995 at £22,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Mar 1995£22,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 27, Madeira Road, Ventnor have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th December 2020, was 33, Madeira Road, Ventnor, PO38 1QS, a freehold house which sold for £315,000.
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 162 addresses on Madeira Road, Ventnor, PO38, 27, Madeira Road, Ventnor comes out as the 4th largest and the 15th most expensive in our analysis of the public data.
It is also £170k more expensive than the average property across the PO38 district.
More reading links
Schools Nearby
- 1.8kmSt Francis Catholic and Church of England Primary Academy
- 2.9kmWroxall Primary School
- 3.8kmSt Blasius Shanklin CofE Primary Academy
- 1.6kmThe Island Free School
- 13.5kmChrist The King College
- 14.0kmCarisbrooke College
More reading links
Public Transport Nearby
From 27, Madeira Road, Ventnor, the nearest station is Shanklin, 4.3 kilometres away.
- 4.3kmShanklin
- 5.9kmLake
- 7.1kmSandown
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
