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The public record describes Flat 2, 17, Madeira Road, Ventnor as a period apartment with 265 ft2 of internal area.
In this area, apartments of this size normally have 1 bedroom with a garden.
Flat 2, 17, Madeira Road, Ventnor has an estimated sale value of £112,226 and an estimated rental value of £605 per month, assuming reasonable condition and based on the information available.
The apartment sits within 17, Madeira Road, Ventnor, PO38.
Madeira Road, Ventnor, PO38 lies within the PO38 postal district.
Flat 2, 17, Madeira Road, Ventnor has no records in the the Land Registry and a single entry in the EPC database dated April 2009.
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.
In very good condition, we estimate Flat 2, 17, Madeira Road, Ventnor would be worth £117,837, with a potential rental value of £635 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £104,370, with a rental value of £563 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 2, 17, Madeira Road, Ventnor has decreased by £6,132 (5.5%) over the last year. During the same period, its estimated monthly rental value has grown by £20 (3.3%). The property's estimated gross yield is currently 6.5%.
Flat 2, 17, Madeira Road, Ventnor has an Energy Performance Rating (EPC) of G. This is based on the most recent assessment, dated 16 Apr 2009.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Land Registry records and our Estate Agent network show 3 sales within 870 metres of Flat 2, 17, Madeira Road, Ventnor across the last 2 years.
Most recently, 19A, Madeira Road, Ventnor, PO38 1QS, a leasehold flat, sold at £199,950 on the 30th September 2021.
Read more about house prices in PO38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 2, 17, Madeira Road, Ventnor as the 162nd largest and the 149th most expensive of the 162 addresses on Madeira Road, Ventnor, PO38.
Against the PO38 postcode district average, it is £208k less expensive than the typical property.
Shanklin station is the nearest stop to Flat 2, 17, Madeira Road, Ventnor at 4.3 kilometres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 17, Madeira Road, Ventnor, 52.5% of property is privately owned outright and 27.0% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 17, Madeira Road, Ventnor, 8.4% of residents are recorded as possessing school level qualifications and 36.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 17, Madeira Road, Ventnor, the average age was 50.5 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 17, Madeira Road, Ventnor, 1.3% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 17, Madeira Road, Ventnor, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.