Flat 1, 43
Flat 1, 43
Description & Estimates
According to the public record, Flat 1, 43, Albert Street, Ventnor is a period apartment with 365 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 1, 43, Albert Street, Ventnor is £99,229 and the estimated rental value is £752 per month.
The apartment is within 43, Albert Street, Ventnor, PO38.
Albert Street, Ventnor, PO38 is located within the PO38 postal district.
Our Data Sources
Flat 1, 43, Albert Street, Ventnor has no records in the the Land Registry and a single entry in the EPC database dated November 2020.
We combine this information with public data 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
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 Flat 1, 43, Albert Street, Ventnor is in very good condition we estimate a sale value of £104,190 and a rental value of £790 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £92,283 and a rental value of £700 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 43, Albert Street, Ventnor has decreased by £5,249 (5.3%), while its estimated rental value has grown by £25 per month (3.3%). Based on current estimates, the property offers a gross rental yield of 9.1%.
Energy Efficiency
Flat 1, 43, Albert Street, Ventnor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 10 Nov 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 43, Albert Street, Ventnor within a radius of 750 metres over the last 2 years.
The most recent example is Flat 2, Oliver Court 43, South Street, Ventnor, PO38 1BN, a leasehold flat which sold for £141,500 on the 7th May 2021.
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
Albert Street, Ventnor, PO38 has a total of 139 addresses. According to our analysis of all the public data, Flat 1, 43, Albert Street, Ventnor is the 135th largest and the 131st most expensive property on the street.
When compared to the postcode district it is £221k less expensive than the average property in PO38.
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Schools Nearby
- 1.4kmSt Francis Catholic and Church of England Primary Academy
- 2.7kmWroxall Primary School
- 4.1kmSt Blasius Shanklin CofE Primary Academy
- 1.3kmThe Island Free School
- 13.4kmChrist The King College
- 13.8kmCarisbrooke College
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Public Transport Nearby
The closest station to Flat 1, 43, Albert Street, Ventnor is Shanklin station, which is 4.6 kilometres away.
- 4.6kmShanklin
- 6.3kmLake
- 7.4kmSandown
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.
