38, Well Street
38, Well Street
Description & Estimates
38, Well Street, Ryde is recorded publicly as a period leasehold house across 936 ft2 of internal area, sitting on a 212 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 38, Well Street, Ryde is £278,302 and its rental estimate is £1,203 per month, given the available information and assuming reasonable condition.
Well Street, Ryde, PO33 falls within the PO33 postal district.
Our Data Sources
38, Well Street, Ryde has 2 entries in the Land Registry , most recently in October 2022 and a single entry in the EPC database dated April 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high 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 38, Well Street, Ryde, we estimate a market value of £292,217 and a rental value of £1,263 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £258,821 and £1,119 per month respectively.
Recent Market Change
Over the last year, 38, Well Street, Ryde has seen its estimated sale value move down by £5,284 (1.9%) and its estimated rental value increase by £60 per month (5.0%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 38, Well Street, Ryde as measuring 212 m2.
That makes it the 5th largest plot in the postcode, where all 20 other houses have recorded plot data.
Energy Efficiency
38, Well Street, Ryde has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 26 Apr 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 38, Well Street, Ryde completed on 7th October 2022 at £300,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 13.1% over the period since October 2022.
- Sold Oct 2022£300,000
- Sold Oct 2022£300,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 38, Well Street, Ryde have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 24th October 2023, was 47, Well Street, Ryde, PO33 2RZ, a leasehold house which sold for £310,000.
Read more about house prices in PO33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 129 addresses on Well Street, Ryde, PO33, 38, Well Street, Ryde comes out as the 61st largest and the 45th most expensive in our analysis of the public data.
It is also £6k more expensive than the average property across the PO33 district.
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Schools Nearby
- 500mDover Park Primary School
- 800mHaylands Primary School
- 1.0kmGreenmount Primary School
- 900mLift Ryde
- 7.0kmKing's Academy Bay House
- 8.6kmMedina College
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Public Transport Nearby
From 38, Well Street, Ryde, the nearest station is Ryde St Johns Road, 400 metres away.
- 400mRyde St Johns Road
- 1.0kmRyde Hoverport
- 1.0kmRyde Esplanade
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.
