Flat 3, 57
Flat 3, 57
Description & Estimates
Flat 3, 57, Albert Street, Ventnor is described in the public record as a period apartment with 387 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of Flat 3, 57, Albert Street, Ventnor is £101,986 and its rental estimate is £767 per month, given the available information and assuming reasonable condition.
57, Albert Street is a residential building on Albert Street, Ventnor, PO38 and falls within the PO38 postal district.
Our Data Sources
Flat 3, 57, Albert Street, Ventnor has no records in the the Land Registry and a single entry in the EPC database dated September 2021.
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
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 3, 57, Albert Street, Ventnor, we estimate a market value of £107,085 and a rental value of £806 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £94,847 and £714 per month respectively.
Recent Market Change
Over the last year, Flat 3, 57, Albert Street, Ventnor has seen its estimated sale value fall by £5,039 (4.9%) and its estimated rental value move up by £20 per month (2.6%). This results in an estimated gross rental yield of 9.0%.
Energy Efficiency
Flat 3, 57, Albert Street, Ventnor has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 28 Sep 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 3, 57, Albert Street, Ventnor have sold within a radius of 740 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2024, was 24, Pier Street, Ventnor, PO38 1ST, a leasehold flat which sold for £155,000.
Read more about house prices in PO38.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 139 addresses on Albert Street, Ventnor, PO38, Flat 3, 57, Albert Street, Ventnor comes out as the 128th largest and the 126th most expensive in our analysis of the public data.
It is also £218k less expensive than the average property across the PO38 district.
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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
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Public Transport Nearby
From Flat 3, 57, Albert Street, Ventnor, the nearest station is Shanklin, 4.6 kilometres away.
- 4.6kmShanklin
- 6.3kmLake
- 7.4kmSandown
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.
