31B, Somerset Road
31B, Somerset Road
Description & Estimates
According to the public record, 31B, Somerset Road, Ryde is a modern leasehold apartment with 547 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 31B, Somerset Road, Ryde is £118,343 and the estimated rental value is £690 per month.
The apartment is within 31, Somerset Road, Ryde, PO33.
Somerset Road, Ryde, PO33 is located within the PO33 postal district.
Our Data Sources
31B, Somerset Road, Ryde has 2 entries in the Land Registry , most recently in November 2024 and a single entry in the EPC database dated May 2020.
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 31B, Somerset Road, Ryde is in very good condition we estimate a sale value of £124,260 and a rental value of £724 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £110,059 and a rental value of £642 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 31B, Somerset Road, Ryde has fallen by £3,990 (3.4%), while its estimated rental value has moved up by £23 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 7.0%.
Energy Efficiency
31B, Somerset Road, Ryde has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 20 May 2020.
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, 31B, Somerset Road, Ryde was last sold on 27th November 2024 for £119,950 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since November 2024, the market for similar properties has dropped by 4.6%.
- Sold Nov 2024£119,950
- Sold Sep 2007£104,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 31B, Somerset Road, Ryde within a radius of 600 metres over the last 2 years.
The most recent example is 77, Amherst Place, Ryde, PO33 1FE, a leasehold flat which sold for £115,000 on the 20th September 2024.
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
Somerset Road, Ryde, PO33 has a total of 47 addresses. According to our analysis of all the public data, 31B, Somerset Road, Ryde is the 47th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £154k less expensive than the average property in PO33.
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Schools Nearby
- 500mOakfield Church of England Aided Primary School, Ryde
- 800mSt Mary's Catholic Primary School
- 1.1kmDover Park Primary School
- 1.9kmLift Ryde
- 7.5kmKing's Academy Bay House
- 9.5kmArk Charter Academy
More reading links
Public Transport Nearby
The closest station to 31B, Somerset Road, Ryde is Ryde St Johns Road station, which is 800 metres away.
- 800mRyde St Johns Road
- 1.1kmSmallbrook Junction
- 1.6kmRyde Hoverport
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.
