24B, Ranelagh Road
24B, Ranelagh Road
Description & Estimates
According to the public record, 24B, Ranelagh Road, Sandown is a mid-century leasehold apartment with 1,044 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 24B, Ranelagh Road, Sandown is £289,160 and the estimated rental value is £1,109 per month.
The apartment is within 24, Ranelagh Road, Sandown, PO36.
Ranelagh Road, Sandown, PO36 is located within the PO36 postal district.
Our Data Sources
24B, Ranelagh Road, Sandown has 41 entries in the Land Registry , most recently in March 2021 and a single entry in the EPC database dated December 2019.
We combine this information with that 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 24B, Ranelagh Road, Sandown is in very good condition we estimate a sale value of £303,618 and a rental value of £1,164 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £268,919 and a rental value of £1,031 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 24B, Ranelagh Road, Sandown has dropped by £15,195 (5.3%), while its estimated rental value has risen by £30 per month (2.7%). Based on current estimates, the property offers a gross rental yield of 4.6%.
Energy Efficiency
24B, Ranelagh Road, Sandown has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 17 Dec 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 24B, Ranelagh Road, Sandown was last sold on 3rd March 2021 for £250,000 and was recorded as a leasehold flat.
The property has had 4 sales since 1995.
Since March 2021, the market for similar properties has dropped by 1.3%.
- Sold Mar 2021£250,000
- Sold Oct 2010£200,000
- Sold Mar 2000£72,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 24B, Ranelagh Road, Sandown within a radius of 690 metres over the last 2 years.
The most recent example is 52 Napoleons Landing, Esplanade, Sandown, PO36 8JS, a leasehold flat which sold for £340,000 on the 31st March 2017.
Read more about house prices in PO36.
- Sold Mar 2017£340,000 | 3 Bed Flat52 Napoleons Landing, Esplanade, Sandown, PO36 8JS52 Napoleons Landing, Esplanade, Sandown, PO36 8JS
- Sold Dec 2015£230,000 | 3 Bed Flat43 Napoleons Landing, Esplanade, Sandown, PO36 8JS43 Napoleons Landing, Esplanade, Sandown, PO36 8JS
- Sold May 2015£232,875 | 3 Bed Flat30 Napoleons Landing, Esplanade, Sandown, PO36 8JS30 Napoleons Landing, Esplanade, Sandown, PO36 8JS
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Ranelagh Road, Sandown, PO36 has a total of 48 addresses. According to our analysis of all the public data, 24B, Ranelagh Road, Sandown is the 22nd largest and the 14th most expensive property on the street.
When compared to the postcode district it is £30k more expensive than the average property in PO36.
More reading links
Schools Nearby
- 800mBroadlea Primary School
- 1.2kmGatten and Lake Primary School
- 2.5kmSt Blasius Shanklin CofE Primary Academy
- 6.6kmThe Island Free School
- 8.4kmLift Ryde
- 10.9kmMedina College
More reading links
Public Transport Nearby
The closest station to 24B, Ranelagh Road, Sandown is Lake station, which is 300 metres away.
- 300mLake
- 1.0kmSandown
- 1.9kmShanklin
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.
