8, Pier Street
8, Pier Street
Description & Estimates
According to the public record, 8, Pier Street, Ventnor is a period apartment with 498 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 8, Pier Street, Ventnor is £108,804 and the estimated rental value is £816 per month.
The apartment is within 8, Pier Street, Ventnor, PO38.
Pier Street, Ventnor, PO38 is located within the PO38 postal district.
Our Data Sources
8, Pier Street, Ventnor has no records in the the Land Registry and a single entry in the EPC database dated March 2011.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 8, Pier Street, Ventnor is in very good condition we estimate a sale value of £114,244 and a rental value of £857 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,188 and a rental value of £759 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 8, Pier Street, Ventnor has dropped by £5,755 (5.3%), while its estimated rental value has risen by £27 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 9.0%.
Energy Efficiency
8, Pier Street, Ventnor has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 Mar 2011.
The property is connected to mains gas and has some double glazing. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Pier Street, Ventnor within a radius of 700 metres over the last 2 years.
The most recent example is 24, Pier Street, Ventnor, PO38 1ST, a leasehold flat which sold for £155,000 on the 26th April 2024.
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
Pier Street, Ventnor, PO38 has a total of 52 addresses. According to our analysis of all the public data, 8, Pier Street, Ventnor is the 30th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £212k less expensive than the average property in PO38.
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Schools Nearby
- 1.2kmSt Francis Catholic and Church of England Primary Academy
- 2.7kmWroxall Primary School
- 4.2kmSt Blasius Shanklin CofE Primary Academy
- 1.1kmThe Island Free School
- 13.3kmChrist The King College
- 13.7kmCarisbrooke College
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Public Transport Nearby
The closest station to 8, Pier Street, Ventnor is Shanklin station, which is 4.7 kilometres away.
- 4.7kmShanklin
- 6.4kmLake
- 7.5kmSandown
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
