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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2A, Crossway, Bembridge is a mid-century leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 2A, Crossway, Bembridge is £133,997 and the estimated rental value is £966 per month.
The apartment is within 2, Crossway, Bembridge, PO35.
Crossway, Bembridge, PO35 is located within the PO35 postal district.
2A, Crossway, Bembridge has 21 entries in the Land Registry , most recently in June 2022 and a single entry in the EPC database dated June 2021.
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.
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 2A, Crossway, Bembridge is in very good condition we estimate a sale value of £140,697 and a rental value of £1,015 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £124,618 and a rental value of £899 per month.
Over the last 12 months the sale value of 2A Crossway Bembridge has decreased by an estimated £6,240 (4.7%) and its rental value has increased by an estimated £32 per month (3.3%), giving an expected gross yield of 8.7%.
2A, Crossway, Bembridge has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 07 Jun 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Room heaters, mains gas.
According to HM Land Registry, 2A, Crossway, Bembridge was last sold on 17th June 2022 for £135,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since June 2022, the market for similar properties has risen 16.9%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2A, Crossway, Bembridge within a radius of 1.1 kilometres over the last 2 years.
The most recent example is Flat 5, Highbury Court, Lane End Road, Bembridge, PO35 5SU, a leasehold flat which sold for £127,000 on the 24th November 2023.
Read more about house prices in PO35.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Crossway, Bembridge, PO35 has a total of 72 addresses. According to our analysis of all the public data, 2A, Crossway, Bembridge is the 50th largest and the 51st most expensive property on the street.
When compared to the postcode district it is £345k less expensive than the average property in PO35.
The closest station to 2A, Crossway, Bembridge is Brading station which is 4.2 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2A, Crossway, Bembridge, 52.2% of property is socially rented and 35.4% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2A, Crossway, Bembridge, 12.6% of residents are recorded as possessing school level qualifications and 19.2% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2A, Crossway, Bembridge, the average age was 54.4 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2A, Crossway, Bembridge, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2A, Crossway, Bembridge, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
