Flat 2, Thorn Cliffe
Flat 2, Thorn Cliffe
Description & Estimates
Flat 2, Thorn Cliffe, Ventnor is recorded publicly as a period leasehold apartment across 1,711 ft2 of internal area.
Locally, apartments of this size normally have 4 bedrooms.
Our estimate of the sale value of Flat 2, Thorn Cliffe, Ventnor is £415,850 and its rental estimate is £1,736 per month, given the available information and assuming reasonable condition.
Thorn Cliffe, The Pitts is a residential building on The Pitts, Ventnor, PO38 and falls within the PO38 postal district.
Our Data Sources
Flat 2, Thorn Cliffe, Ventnor has 41 entries in the Land Registry , most recently in September 2022 and a single entry in the EPC database dated February 2014.
We combine this information with that 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, Thorn Cliffe, Ventnor, we estimate a market value of £436,643 and a rental value of £1,823 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £386,741 and £1,614 per month respectively.
Recent Market Change
Over the last year, Flat 2, Thorn Cliffe, Ventnor has seen its estimated sale value move down by £28,324 (6.8%) and its estimated rental value increase by £28 per month (1.6%). This results in an estimated gross rental yield of 5.0%.
Energy Efficiency
Flat 2, Thorn Cliffe, Ventnor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 24 Feb 2014.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of Flat 2, Thorn Cliffe, Ventnor completed on 26th September 2022 at £470,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 10.6% over the period since September 2022.
- Sold Sep 2022£470,000
- Sold Feb 2015£330,000
- Sold Apr 2005£245,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 1.4 kilometres of Flat 2, Thorn Cliffe, Ventnor, per the Land Registry and our network of Estate Agents.
The latest, on the 7th June 2021, was Flat 1, Thorn Cliffe, The Pitts, Ventnor, PO38 1NT, a leasehold flat which sold for £360,000.
Read more about house prices in PO38.
- Sold Jun 2021£360,000 | 4 Bed FlatThorn Cliffe, The PittsFlat 1, Thorn Cliffe, The Pitts, Ventnor, PO38 1NT
- Sold Oct 2015£375,000 | 4 Bed HouseThe PittsThorn Cliffe Lodge, The Pitts, Ventnor, PO38 1NT
- Sold Sep 2010£285,000 | 3 Bed FlatThorn Cliffe, The PittsFlat 3, Thorn Cliffe, The Pitts, Ventnor, PO38 1NT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 28 addresses on The Pitts, Ventnor, PO38, Flat 2, Thorn Cliffe, Ventnor comes out as the 10th largest and the 14th most expensive in our analysis of the public data.
It is also £95k more expensive than the average property across the PO38 district.
More reading links
Schools Nearby
- 2.2kmSt Francis Catholic and Church of England Primary Academy
- 2.9kmWroxall Primary School
- 3.3kmSt Blasius Shanklin CofE Primary Academy
- 2.0kmThe Island Free School
- 13.5kmChrist The King College
- 13.7kmLift Ryde
More reading links
Public Transport Nearby
From Flat 2, Thorn Cliffe, Ventnor, the nearest station is Shanklin, 3.8 kilometres away.
- 3.8kmShanklin
- 5.4kmLake
- 6.6kmSandown
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
