41, Bannock Road
41, Bannock Road
Description & Estimates
41, Bannock Road, Ventnor appears in the public record as a freehold house sitting on a 533 m2 plot.
By comparing it to nearby properties, we estimate it to be a mid-century house with 1,222 ft2 of internal area and a garden.
Locally, houses of this size normally have 3 bedrooms.
Our estimate of the sale value of 41, Bannock Road, Ventnor is £363,127 and its rental estimate is £1,552 per month, given the available information and assuming reasonable condition.
Bannock Road, Whitwell, Ventnor, PO38 falls within the PO38 postal district.
Our Data Sources
41, Bannock Road, Ventnor has 31 entries in the Land Registry , most recently in January 2016 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the 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 41, Bannock Road, Ventnor, we estimate a market value of £381,284 and a rental value of £1,630 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £337,708 and £1,444 per month respectively.
Recent Market Change
Over the last year, 41, Bannock Road, Ventnor has seen its estimated sale value decrease by £12,492 (3.4%) and its estimated rental value grow by £88 per month (5.7%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 41, Bannock Road, Ventnor as measuring 533 m2.
That makes it the 36th largest plot in the postcode, where all 50 other houses have recorded plot data.
Sold Prices
The most recent sale of 41, Bannock Road, Ventnor completed on 29th January 2016 at £255,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 37.3% over the period since January 2016.
- Sold Jan 2016£255,000
- Sold Apr 2008£249,950
- Sold Feb 2000£105,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 41, Bannock Road, Ventnor have sold within a radius of 3.5 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th November 2024, was 12, Strathwell Crescent, Ventnor, PO38 2QZ, a freehold house which sold for £298,500.
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 75 addresses on Bannock Road, Whitwell, Ventnor, PO38, 41, Bannock Road, Ventnor comes out as the 11th largest and the 13th most expensive in our analysis of the public data.
It is also £43k more expensive than the average property across the PO38 district.
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Schools Nearby
- 1.9kmNiton Primary School
- 3.3kmSt Francis Catholic and Church of England Primary Academy
- 3.7kmWroxall Primary School
- 3.4kmThe Island Free School
- 11.0kmChrist The King College
- 11.3kmCarisbrooke College
More reading links
Public Transport Nearby
From 41, Bannock Road, Ventnor, the nearest station is Shanklin, 7.2 kilometres away.
- 7.2kmShanklin
- 8.8kmLake
- 9.7kmSandown
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.
