Flat 2, Spencer House 11
Flat 2, Spencer House 11
Description & Estimates
According to the public record, Flat 2, Spencer House 11, Ryde is a modern apartment with 678 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, Spencer House 11, Ryde is £178,946 and the estimated rental value is £769 per month.
The apartment is within Spencer House, Ryde House Drive, Ryde, PO33.
Ryde House Drive, Ryde, PO33 is located within the PO33 postal district.
Our Data Sources
Flat 2, Spencer House 11, Ryde has no records in the the Land Registry and a single entry in the EPC database dated July 2023.
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
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 2, Spencer House 11, Ryde is in very good condition we estimate a sale value of £187,893 and a rental value of £808 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £166,420 and a rental value of £716 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, Spencer House 11, Ryde has decreased by £6,034 (3.4%), while its estimated rental value has grown by £26 per month (3.4%). Based on current estimates, the property offers a gross rental yield of 5.2%.
Energy Efficiency
Flat 2, Spencer House 11, Ryde has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Jul 2023.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
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 2, Spencer House 11, Ryde within a radius of 810 metres over the last 2 years.
The most recent example is 108, Sherbourne Avenue, Ryde, PO33 3PW, a leasehold flat which sold for £175,000 on the 24th September 2025.
Read more about house prices in PO33.
- Sold Sep 2025£175,000 | 2 Bed FlatSherbourne Avenue108, Sherbourne Avenue, Ryde, PO33 3PW
- Sold Apr 2025£200,000 | 2 Bed FlatSpencer House 11, Ryde House DriveFlat 1, Spencer House 11, Ryde House Drive, Ryde, PO33 3FF
- Sold Apr 2024£90,000 | 2 Bed FlatWestfield Park House, Westfield ParkFlat 17, Westfield Park House, Westfield Park, Ryde, PO33 3AB
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Ryde House Drive, Ryde, PO33 has a total of 42 addresses. According to our analysis of all the public data, Flat 2, Spencer House 11, Ryde is the 41st largest and the 41st most expensive property on the street.
When compared to the postcode district it is £93k less expensive than the average property in PO33.
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Schools Nearby
- 600mGreenmount Primary School
- 1.0kmBinstead Primary School
- 1.3kmDover Park Primary School
- 900mLift Ryde
- 6.3kmKing's Academy Bay House
- 7.8kmMedina College
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Public Transport Nearby
The closest station to Flat 2, Spencer House 11, Ryde is Ryde Esplanade station, which is 1.2 kilometres away.
- 1.2kmRyde Esplanade
- 1.3kmRyde Hoverport
- 1.5kmRyde Pier Head
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
