Flat 3, 47
Flat 3, 47
Description & Estimates
According to the public record, Flat 3, 47, Albert Street, Ventnor is a period leasehold apartment with 394 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 3, 47, Albert Street, Ventnor is £73,945 and the estimated rental value is £603 per month.
The apartment is within 47, Albert Street, Ventnor, PO38.
Albert Street, Ventnor, PO38 is located within the PO38 postal district.
Our Data Sources
Flat 3, 47, Albert Street, Ventnor has 61 entries in the Land Registry , most recently in August 2015 and a single entry in the EPC database dated January 2010.
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
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 3, 47, Albert Street, Ventnor is in very good condition we estimate a sale value of £77,643 and a rental value of £633 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £68,769 and a rental value of £560 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 3, 47, Albert Street, Ventnor has dropped by £3,654 (4.9%), while its estimated rental value has risen by £15 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 9.8%.
Energy Efficiency
Flat 3, 47, Albert Street, Ventnor has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 Jan 2010.
The property is connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Flat 3, 47, Albert Street, Ventnor was last sold on 11th August 2015 for £64,950 and was recorded as a leasehold flat.
The property has had 6 sales since 1995.
Since August 2015, the market for similar properties has risen by 34.0%.
- Sold Aug 2015£64,950
- Sold Jul 2014£61,500
- Sold Feb 2007£79,400
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 3, 47, Albert Street, Ventnor within a radius of 760 metres over the last 2 years.
The most recent example is Flat 9, Boniface Court 84, Mitchell Avenue, Ventnor, PO38 1DU, a leasehold flat which sold for £110,000 on the 17th March 2023.
Read more about house prices in PO38.
- Sold Mar 2023£110,000 | 2 Bed FlatBoniface Court 84, Mitchell AvenueFlat 9, Boniface Court 84, Mitchell Avenue, Ventnor, PO38 1DU
- Sold Oct 2021£95,000 | 2 Bed FlatBoniface Court 84, Mitchell AvenueFlat 2, Boniface Court 84, Mitchell Avenue, Ventnor, PO38 1DU
- Sold May 2012£54,200 | 2 Bed Flat47, Albert StreetFlat 1, 47, Albert Street, Ventnor, PO38 1EU
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Albert Street, Ventnor, PO38 has a total of 139 addresses. According to our analysis of all the public data, Flat 3, 47, Albert Street, Ventnor is the 126th largest and the 139th most expensive property on the street.
When compared to the postcode district it is £246k less expensive than the average property in PO38.
More reading links
Schools Nearby
- 1.4kmSt Francis Catholic and Church of England Primary Academy
- 2.7kmWroxall Primary School
- 4.1kmSt Blasius Shanklin CofE Primary Academy
- 1.3kmThe Island Free School
- 13.4kmChrist The King College
- 13.8kmCarisbrooke College
More reading links
Public Transport Nearby
The closest station to Flat 3, 47, Albert Street, Ventnor is Shanklin station, which is 4.6 kilometres away.
- 4.6kmShanklin
- 6.3kmLake
- 7.4kmSandown
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
