Flat 2, Vinicombe 5
Flat 2, Vinicombe 5
Description & Estimates
Flat 2, Vinicombe 5, Ventnor is described in the public record as an early-century apartment with 904 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 2, Vinicombe 5, Ventnor is £155,551 and its rental estimate is £977 per month, given the available information and assuming reasonable condition.
Vinicombe, Spring Gardens is a residential building on Spring Gardens, Ventnor, PO38 and falls within the PO38 postal district.
Our Data Sources
Flat 2, Vinicombe 5, Ventnor has no recent1 records in the the Land Registry and a single entry in the EPC database dated May 2023.
We combine this information with public data 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
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, Vinicombe 5, Ventnor, we estimate a market value of £163,329 and a rental value of £1,026 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £144,663 and £909 per month respectively.
Recent Market Change
Over the last year, Flat 2, Vinicombe 5, Ventnor has seen its estimated sale value move down by £10,071 (6.5%) and its estimated rental value increase by £22 per month (2.2%). This results in an estimated gross rental yield of 7.5%.
Energy Efficiency
Flat 2, Vinicombe 5, Ventnor has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 18 May 2023.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of Flat 2, Vinicombe 5, Ventnor completed on 30th October 1998 at £29,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Oct 1998£29,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 2, Vinicombe 5, Ventnor have sold within a radius of 930 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th February 2024, was Flat 2, Teakwood, Spring Gardens, Ventnor, PO38 1QX, a leasehold flat which sold for £179,500.
Read more about house prices in PO38.
- Sold Feb 2024£179,500 | 3 Bed FlatTeakwood, Spring GardensFlat 2, Teakwood, Spring Gardens, Ventnor, PO38 1QX
- Sold Jul 2022£155,000 | 3 Bed FlatTeakwood, Spring GardensFlat 3, Teakwood, Spring Gardens, Ventnor, PO38 1QX
- Sold Feb 2022£175,000 | 3 Bed FlatTeakwood, Spring GardensFlat 1, Teakwood, Spring Gardens, Ventnor, PO38 1QX
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 33 addresses on Spring Gardens, Ventnor, PO38, Flat 2, Vinicombe 5, Ventnor comes out as the 16th largest and the 19th most expensive in our analysis of the public data.
It is also £165k less expensive than the average property across the PO38 district.
More reading links
Schools Nearby
- 1.8kmSt Francis Catholic and Church of England Primary Academy
- 2.8kmWroxall Primary School
- 3.7kmSt Blasius Shanklin CofE Primary Academy
- 1.6kmThe Island Free School
- 13.5kmChrist The King College
- 13.9kmCarisbrooke College
More reading links
Public Transport Nearby
From Flat 2, Vinicombe 5, Ventnor, the nearest station is Shanklin, 4.3 kilometres away.
- 4.3kmShanklin
- 5.9kmLake
- 7.1kmSandown
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.
