Our Data Sources
Flat 2, Teakwood, Ventnor has 2 entries in the Land Registry , most recently in February 2024 and a single entry in the EPC database dated November 2015.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, Teakwood, Ventnor would be worth £167,573, with a potential rental value of £1,081 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £148,421, with a rental value of £957 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Energy Efficiency
Flat 2, Teakwood, Ventnor has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 04 Nov 2015.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
Flat 2, Teakwood, Ventnor last changed hands on 15th February 2024, selling for £179,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 13.1% since February 2024.
- Sold Feb 2024£179,500
- Sold Dec 2018£130,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 29 sales of comparable properties within 910 metres of Flat 2, Teakwood, Ventnor across the last 2 years.
Most recently, 51A, Albert Street, Ventnor, PO38 1EU, a leasehold flat, sold at £170,000 on the 29th July 2024.
Read more about house prices in PO38.
- Sold Jul 2024£170,000 | 3 Bed Flat51A, Albert Street, Ventnor, PO38 1EU51A, Albert Street, Ventnor, PO38 1EU
- Sold Jul 2022£155,000 | 2 Bed FlatFlat 3, Teakwood, Spring Gardens, Ventnor, PO38 1QXFlat 3, Teakwood, Spring Gardens, Ventnor, PO38 1QX
- Sold Feb 2022£175,000 | 3 Bed FlatFlat 1, Teakwood, Spring Gardens, Ventnor, PO38 1QXFlat 1, Teakwood, Spring Gardens, Ventnor, PO38 1QX
•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 2, Teakwood, Ventnor as the 11th largest and the 14th most expensive of the 33 addresses on Spring Gardens, Ventnor, PO38.
Against the PO38 postcode district average, it is £154k less expensive than the typical property.
More reading links
Schools Nearby
- St Francis Catholic and Church of England Primary Academy1.8 km away
- Wroxall Primary School2.8 km away
- St Blasius Shanklin CofE Primary Academy3.7 km away
- The Island Free School1.6 km away
- Christ The King College13.5 km away
- Carisbrooke College13.9 km away
More reading links
Public Transport Nearby
- Shanklin|4.3 km away
- Lake|5.9 km away
- Sandown|7.1 km away
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.
