Flat 1, 36
Flat 1, 36
Description & Estimates
Public records show Flat 1, 36, Madeira Road, Ventnor to be a period leasehold apartment with 1,722 ft2 of internal area.
In this area, apartments of this size normally have 4 bedrooms with a garden.
Flat 1, 36, Madeira Road, Ventnor has an estimated sale value of £317,508 and an estimated rental value of £1,471 per month, assuming reasonable condition and based on the information available.
The apartment sits within 36, Madeira Road, Ventnor, PO38.
Madeira Road, Ventnor, PO38 lies within the PO38 postal district.
Our Data Sources
Flat 1, 36, Madeira Road, Ventnor has 41 entries in the Land Registry , most recently in December 2024 and a single entry in the EPC database dated September 2024.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 36, Madeira Road, Ventnor would be worth £333,384, with a potential rental value of £1,544 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £295,283, with a rental value of £1,368 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, 36, Madeira Road, Ventnor has moved down by £20,123 (6.3%) over the last year. During the same period, its estimated monthly rental value has increased by £34 (2.3%). The property's estimated gross yield is currently 5.6%.
Energy Efficiency
Flat 1, 36, Madeira Road, Ventnor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Sep 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 1, 36, Madeira Road, Ventnor last changed hands on 2nd December 2024, selling for £322,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has dropped by 4.2% since December 2024.
- Sold Dec 2024£322,500
- Sold Apr 2015£235,000
- Sold Aug 2002£103,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 880 metres of Flat 1, 36, Madeira Road, Ventnor across the last 2 years.
Most recently, Flat 3, Cliff Mansions, Bonchurch Shute, Ventnor, PO38 1NU, a leasehold flat, sold at £362,000 on the 12th November 2020.
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
Our analysis of the public data ranks Flat 1, 36, Madeira Road, Ventnor as the 16th largest and the 36th most expensive of the 162 addresses on Madeira Road, Ventnor, PO38.
Against the PO38 postcode district average, it is £3k less expensive than the typical property.
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Schools Nearby
- 1.8kmSt Francis Catholic and Church of England Primary Academy
- 2.9kmWroxall Primary School
- 3.8kmSt Blasius Shanklin CofE Primary Academy
- 1.6kmThe Island Free School
- 13.5kmChrist The King College
- 14.0kmCarisbrooke College
More reading links
Public Transport Nearby
Shanklin station is the nearest stop to Flat 1, 36, Madeira Road, 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.
