Flat 1, 45
Flat 1, 45
Description & Estimates
According to the public record, Flat 1, 45, Albert Street, Ventnor is a period leasehold apartment with 409 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, 45, Albert Street, Ventnor is £104,665 and the estimated rental value is £782 per month.
The apartment is within 45, Albert Street, Ventnor, PO38.
Albert Street, Ventnor, PO38 is located within the PO38 postal district.
Our Data Sources
Flat 1, 45, Albert Street, Ventnor has a single entry in the Land Registry from March 2008 and a single entry in the EPC database dated September 2023.
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
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, 45, Albert Street, Ventnor is in very good condition we estimate a sale value of £109,898 and a rental value of £821 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £97,338 and a rental value of £727 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 1, 45, Albert Street, Ventnor has decreased by £5,536 (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 9.0%.
Energy Efficiency
Flat 1, 45, Albert Street, Ventnor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 19 Sep 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
According to HM Land Registry, Flat 1, 45, Albert Street, Ventnor was last sold on 28th March 2008 for £125,000 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since March 2008, the market for similar properties has risen by 44.9%.
- Sold Mar 2008£125,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 1, 45, Albert Street, Ventnor within a radius of 750 metres over the last 2 years.
The most recent example is 24, Pier Street, Ventnor, PO38 1ST, a leasehold flat which sold for £155,000 on the 26th April 2024.
Read more about house prices in PO38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Albert Street, Ventnor, PO38 has a total of 139 addresses. According to our analysis of all the public data, Flat 1, 45, Albert Street, Ventnor is the 121st largest and the 120th most expensive property on the street.
When compared to the postcode district it is £216k less expensive than the average property in PO38.
More reading links
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
More reading links
Public Transport Nearby
The closest station to Flat 1, 45, 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.
