50, Monterey Road
50, Monterey Road
Description & Estimates
50, Monterey Road, Ryde is recorded publicly as a mid-century leasehold house across 882 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 50, Monterey Road, Ryde is £241,634 and its rental estimate is £1,183 per month, given the available information and assuming reasonable condition.
Monterey Road, Ryde, PO33 falls within the PO33 postal district.
Our Data Sources
50, Monterey Road, Ryde has a single entry in the Land Registry from September 2016 and a single entry in the EPC database dated May 2013.
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 50, Monterey Road, Ryde, we estimate a market value of £253,716 and a rental value of £1,242 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £224,720 and £1,100 per month respectively.
Recent Market Change
Over the last year, 50, Monterey Road, Ryde has seen its estimated sale value decrease by £4,588 (1.9%) and its estimated rental value grow by £59 per month (5.0%). This results in an estimated gross rental yield of 5.9%.
Energy Efficiency
50, Monterey Road, Ryde has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 50, Monterey Road, Ryde completed on 22nd September 2016 at £204,000 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 32.6% over the period since September 2016.
- Sold Sep 2016£204,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 50, Monterey Road, Ryde have sold within a radius of 900 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th July 2024, was 10, Monterey Road, Ryde, PO33 3JR, a leasehold house which sold for £258,000.
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 48 addresses on Monterey Road, Ryde, PO33, 50, Monterey Road, Ryde comes out as the 37th largest and the 37th most expensive in our analysis of the public data.
It is also £30k less expensive than the average property across the PO33 district.
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Schools Nearby
- 400mHaylands Primary School
- 1.0kmGreenmount Primary School
- 1.3kmBinstead Primary School
- 700mLift Ryde
- 7.7kmMedina College
- 7.8kmKing's Academy Bay House
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Public Transport Nearby
From 50, Monterey Road, Ryde, the nearest station is Smallbrook Junction, 1.4 kilometres away.
- 1.4kmSmallbrook Junction
- 1.5kmRyde St Johns Road
- 2.0kmRyde 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.
