Flat 1, 47
Flat 1, 47
Description & Estimates
Public records show Flat 1, 47, Albert Street, Ventnor to be a period leasehold apartment with 419 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 47, Albert Street, Ventnor has an estimated sale value of £76,447 and an estimated rental value of £617 per month, assuming reasonable condition and based on the information available.
The apartment sits within 47, Albert Street, Ventnor, PO38.
Albert Street, Ventnor, PO38 lies within the PO38 postal district.
Our Data Sources
Flat 1, 47, Albert Street, Ventnor has a single entry in the Land Registry from May 2012 and a single entry in the EPC database dated November 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Price Range & Condition
In very good condition, we estimate Flat 1, 47, Albert Street, Ventnor would be worth £80,270, with a potential rental value of £648 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £71,096, with a rental value of £574 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, 47, Albert Street, Ventnor has decreased by £3,777 (4.9%) over the last year. During the same period, its estimated monthly rental value has grown by £16 (2.6%). The property's estimated gross yield is currently 9.7%.
Energy Efficiency
Flat 1, 47, Albert Street, Ventnor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 Nov 2021.
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, 47, Albert Street, Ventnor last changed hands on 31st May 2012, selling for £54,200. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 31.8% since May 2012.
- Sold May 2012£54,200
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 760 metres of Flat 1, 47, Albert Street, Ventnor across the last 2 years.
Most recently, Flat 9, Boniface Court 84, Mitchell Avenue, Ventnor, PO38 1DU, a leasehold flat, sold at £110,000 on the 17th March 2023.
Read more about house prices in PO38.
- Sold Mar 2023£110,000 | 2 Bed FlatBoniface Court 84, Mitchell AvenueFlat 9, Boniface Court 84, Mitchell Avenue, Ventnor, PO38 1DU
- Sold Oct 2021£95,000 | 2 Bed FlatBoniface Court 84, Mitchell AvenueFlat 2, Boniface Court 84, Mitchell Avenue, Ventnor, PO38 1DU
- Sold Aug 2015£64,950 | 2 Bed Flat47, Albert StreetFlat 3, 47, Albert Street, Ventnor, PO38 1EU
•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, 47, Albert Street, Ventnor as the 120th largest and the 138th most expensive of the 139 addresses on Albert Street, Ventnor, PO38.
Against the PO38 postcode district average, it is £244k less expensive than the typical property.
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
Shanklin station is the nearest stop to Flat 1, 47, Albert Street, Ventnor at 4.6 kilometres away.
- 4.6kmShanklin
- 6.3kmLake
- 7.4kmSandown
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.
