4, Munsley Close
4, Munsley Close
Description & Estimates
4, Munsley Close, Ventnor is recorded publicly as a modern freehold house across 1,550 ft2 of internal area, sitting on a 392 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Munsley Close, Ventnor is £465,744 and its rental estimate is £1,732 per month, given the available information and assuming reasonable condition.
Munsley Close, Godshill, Ventnor, PO38 falls within the PO38 postal district.
Our Data Sources
4, Munsley Close, Ventnor has a single entry in the Land Registry from September 2020 and a single entry in the EPC database dated March 2020.
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 4, Munsley Close, Ventnor, we estimate a market value of £489,031 and a rental value of £1,819 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £433,142 and £1,611 per month respectively.
Recent Market Change
Over the last year, 4, Munsley Close, Ventnor has seen its estimated sale value drop by £18,698 (4.0%) and its estimated rental value rise by £64 per month (3.7%). This results in an estimated gross rental yield of 4.5%.
Plot Size
HM Land Registry records the plot of land for 4, Munsley Close, Ventnor as measuring 392 m2.
That makes it the 5th largest plot in the postcode, where all 9 other houses have recorded plot data.
Energy Efficiency
4, Munsley Close, Ventnor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Mar 2020.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 4, Munsley Close, Ventnor completed on 23rd September 2020 at £405,000 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 2.7% over the period since September 2020.
- Sold Sep 2020£405,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Munsley Close, Ventnor have sold within a radius of 3.8 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th March 2021, was 3, Munsley Close, Ventnor, PO38 3DN, a freehold house which sold for £400,000.
Read more about house prices in PO38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 9 addresses on Munsley Close, Godshill, Ventnor, PO38, 4, Munsley Close, Ventnor comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £145k more expensive than the average property across the PO38 district.
More reading links
Schools Nearby
- 500mGodshill Primary School
- 3.7kmWroxall Primary School
- 4.3kmArreton St George's Church of England (Aided) Primary School
- 5.3kmThe Island Free School
- 7.0kmChrist The King College
- 7.5kmCarisbrooke College
More reading links
Public Transport Nearby
From 4, Munsley Close, Ventnor, the nearest station is Shanklin, 5.6 kilometres away.
- 5.6kmShanklin
- 6.6kmLake
- 7.1kmSandown
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
