Flat 1, 57
Flat 1, 57
Description & Estimates
The public record describes Flat 1, 57, Albert Street, Ventnor as a period apartment with 356 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 1, 57, Albert Street, Ventnor has an estimated sale value of £98,056 and an estimated rental value of £744 per month, assuming reasonable condition and based on the information available.
The apartment sits within 57, Albert Street, Ventnor, PO38.
Albert Street, Ventnor, PO38 lies within the PO38 postal district.
Our Data Sources
Flat 1, 57, 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
In very good condition, we estimate Flat 1, 57, Albert Street, Ventnor would be worth £102,959, with a potential rental value of £782 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £91,192, with a rental value of £692 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, 57, Albert Street, Ventnor has declined by £4,845 (4.9%) over the last year. During the same period, its estimated monthly rental value has climbed by £19 (2.6%). The property's estimated gross yield is currently 9.1%.
Energy Efficiency
Flat 1, 57, Albert Street, Ventnor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 12 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
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 740 metres of Flat 1, 57, Albert Street, Ventnor across the last 2 years.
Most recently, Flat 4, 99, High Street, Ventnor, PO38 1LY, a leasehold flat, sold at £152,000 on the 29th June 2016.
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, 57, Albert Street, Ventnor as the 136th largest and the 132nd most expensive of the 139 addresses on Albert Street, Ventnor, PO38.
Against the PO38 postcode district average, it is £222k less expensive than the typical property.
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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
Shanklin station is the nearest stop to Flat 1, 57, 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.
