8, Munsley Close
8, Munsley Close
Description & Estimates
Public records show 8, Munsley Close, Ventnor to be a modern freehold house with 1,636 ft2 of internal area, sitting on a 436 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
8, Munsley Close, Ventnor has an estimated sale value of £479,034 and an estimated rental value of £1,782 per month, assuming reasonable condition and based on the information available.
Munsley Close, Godshill, Ventnor, PO38 lies within the PO38 postal district.
Our Data Sources
8, Munsley Close, Ventnor has a single entry in the Land Registry from November 2020 and a single entry in the EPC database dated October 2019.
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
In very good condition, we estimate 8, Munsley Close, Ventnor would be worth £502,985, with a potential rental value of £1,871 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £445,501, with a rental value of £1,657 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 8, Munsley Close, Ventnor has dropped by £19,231 (4.0%) over the last year. During the same period, its estimated monthly rental value has risen by £65 (3.7%). The property's estimated gross yield is currently 4.5%.
Plot Size
8, Munsley Close, Ventnor occupies a 436 m2 plot as recorded by HM Land Registry.
All 9 other houses in this postcode have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
8, Munsley Close, Ventnor has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 28 Oct 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
8, Munsley Close, Ventnor last changed hands on 9th November 2020, selling for £425,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 0.6% since November 2020.
- Sold Nov 2020£425,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 3.8 kilometres of 8, Munsley Close, Ventnor across the last 2 years.
Most recently, 3, Munsley Close, Ventnor, PO38 3DN, a freehold house, sold at £400,000 on the 15th March 2021.
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
Our analysis of the public data ranks 8, Munsley Close, Ventnor as the 2nd largest and the 2nd most expensive of the 9 addresses on Munsley Close, Godshill, Ventnor, PO38.
Against the PO38 postcode district average, it is £159k more expensive than the typical property.
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
Shanklin station is the nearest stop to 8, Munsley Close, Ventnor at 5.6 kilometres away.
- 5.6kmShanklin
- 6.6kmLake
- 7.1kmSandown
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
