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Houses of this size in this area normally have 5 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 33, Madeira Road, Ventnor is £502,669 and the estimated rental value is £2,545 per month.
Madeira Road, Ventnor, PO38 is located within the PO38 postal district.
33, Madeira Road, Ventnor has 21 entries in the Land Registry , most recently in December 2020 and a single entry in the EPC database dated June 2020.
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 33, Madeira Road, Ventnor is in very good condition we estimate a sale value of £527,803 and a rental value of £2,672 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £467,482 and a rental value of £2,367 per month.
Over the past 12 months, the estimated sale value of 33, Madeira Road, Ventnor has moved down by £20,331 (4.0%), while its estimated rental value has increased by £94 per month (3.7%). Based on current estimates, the property offers a gross rental yield of 6.1%.
According to data from HM Land Registry, 33, Madeira Road, Ventnor sits on a plot of 406 m2.
We have plot size data on 10 out of 10 other houses in the postcode and 33, Madeira Road, Ventnor sits on the 6th largest plot.
33, Madeira Road, Ventnor has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 04 Jun 2020.
The property is connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 33, Madeira Road, Ventnor was last sold on 10th December 2020 for £315,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since December 2020, the market for similar properties has risen by 5.3%.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 33, Madeira Road, Ventnor within a radius of 960 metres over the last 2 years.
The most recent example is Navarino, St. Boniface Road, Ventnor, PO38 1PN, a freehold house which sold for £525,000 on the 20th August 2020.
Read more about house prices in PO38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Madeira Road, Ventnor, PO38 has a total of 162 addresses. According to our analysis of all the public data, 33, Madeira Road, Ventnor is the 3rd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £182k more expensive than the average property in PO38.
The closest station to 33, Madeira Road, Ventnor is Shanklin station, which is 4.3 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 33, Madeira Road, Ventnor, 52.5% of property is privately owned outright and 27.0% 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 33, Madeira Road, Ventnor, 8.4% of residents are recorded as possessing school level qualifications and 36.0% 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 33, Madeira Road, 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 33, Madeira Road, Ventnor, 1.3% 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 33, Madeira Road, Ventnor, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.