Flat 1, 15
Flat 1, 15
Description & Estimates
The public record describes Flat 1, 15, Spring Gardens, Ventnor as a period apartment with 957 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
Flat 1, 15, Spring Gardens, Ventnor has an estimated sale value of £159,798 and an estimated rental value of £983 per month, assuming reasonable condition and based on the information available.
The apartment sits within 15, Spring Gardens, Ventnor, PO38.
Spring Gardens, Ventnor, PO38 lies within the PO38 postal district.
Our Data Sources
Flat 1, 15, Spring Gardens, Ventnor has no recent1 records in the the Land Registry and a single entry in the EPC database dated September 2012.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 15, Spring Gardens, Ventnor would be worth £167,787, with a potential rental value of £1,032 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £148,612, with a rental value of £914 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 Flat 1, 15, Spring Gardens, Ventnor has moved down by £9,565 (6.0%) over the last year. During the same period, its estimated monthly rental value has increased by £26 (2.7%). The property's estimated gross yield is currently 7.4%.
Energy Efficiency
Flat 1, 15, Spring Gardens, Ventnor has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 20 Sep 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, 15, Spring Gardens, Ventnor last changed hands on 5th November 2001, selling for £69,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
- Sold Nov 2001£69,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 870 metres of Flat 1, 15, Spring Gardens, Ventnor across the last 2 years.
Most recently, Flat 2, Teakwood, Spring Gardens, Ventnor, PO38 1QX, a leasehold flat, sold at £179,500 on the 15th February 2024.
Read more about house prices in PO38.
- Sold Feb 2024£179,500 | 3 Bed FlatTeakwood, Spring GardensFlat 2, Teakwood, Spring Gardens, Ventnor, PO38 1QX
- Sold Jul 2022£155,000 | 3 Bed FlatTeakwood, Spring GardensFlat 3, Teakwood, Spring Gardens, Ventnor, PO38 1QX
- Sold Feb 2022£175,000 | 3 Bed FlatTeakwood, Spring GardensFlat 1, Teakwood, Spring Gardens, Ventnor, PO38 1QX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 1, 15, Spring Gardens, Ventnor as the 9th largest and the 12th most expensive of the 33 addresses on Spring Gardens, Ventnor, PO38.
Against the PO38 postcode district average, it is £161k less expensive than the typical property.
More reading links
Schools Nearby
- 1.8kmSt Francis Catholic and Church of England Primary Academy
- 2.8kmWroxall Primary School
- 3.7kmSt Blasius Shanklin CofE Primary Academy
- 1.6kmThe Island Free School
- 13.5kmChrist The King College
- 13.9kmCarisbrooke College
More reading links
Public Transport Nearby
Shanklin station is the nearest stop to Flat 1, 15, Spring Gardens, Ventnor at 4.3 kilometres away.
- 4.3kmShanklin
- 5.9kmLake
- 7.1kmSandown
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
