Flat 2, 1
Flat 2, 1
Description & Estimates
Flat 2, 1, Wood Street, Ryde is described in the public record as an early-century apartment with 1,087 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 2, 1, Wood Street, Ryde is £207,703 and its rental estimate is £805 per month, given the available information and assuming reasonable condition.
1, Wood Street is a residential building on Wood Street, Ryde, PO33 and falls within the PO33 postal district.
Our Data Sources
Flat 2, 1, Wood Street, Ryde has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2022.
We combine this information with public data 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
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For Flat 2, 1, Wood Street, Ryde, we estimate a market value of £218,088 and a rental value of £845 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £193,164 and £748 per month respectively.
Recent Market Change
Over the last year, Flat 2, 1, Wood Street, Ryde has seen its estimated sale value decrease by £7,783 (3.7%) and its estimated rental value grow by £26 per month (3.2%). This results in an estimated gross rental yield of 4.6%.
Energy Efficiency
Flat 2, 1, Wood Street, Ryde has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 May 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, 1, Wood Street, Ryde completed on 21st October 2005 at £125,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
- Sold Oct 2005£125,000
- Sold Nov 1999£59,500
- Sold Feb 1996£49,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, 1, Wood Street, Ryde have sold within a radius of 370 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th February 2022, was Flat 3, 1, Wood Street, Ryde, PO33 2BP, a leasehold flat which sold for £249,500.
Read more about house prices in PO33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 53 addresses on Wood Street, Ryde, PO33, Flat 2, 1, Wood Street, Ryde comes out as the 23rd largest and the 19th most expensive in our analysis of the public data.
It is also £64k less expensive than the average property across the PO33 district.
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Schools Nearby
- 100mDover Park Primary School
- 800mSt Mary's Catholic Primary School
- 1.0kmOakfield Church of England Aided Primary School, Ryde
- 1.3kmLift Ryde
- 6.5kmKing's Academy Bay House
- 9.0kmMedina College
More reading links
Public Transport Nearby
From Flat 2, 1, Wood Street, Ryde, the nearest station is Ryde Hoverport, 400 metres away.
- 400mRyde Hoverport
- 500mRyde Esplanade
- 500mRyde St Johns Road
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
