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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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The public record lists Flat 6, Nelson Mansions 1, Ryde as a leasehold apartment.
Comparison with its neighbours suggests a period apartment with 862 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms.
Flat 6, Nelson Mansions 1, Ryde has an estimated sale value of £190,124 and an estimated rental value of £760 per month, assuming reasonable condition and based on the information available.
The apartment sits within Nelson Mansions, Nelson Place, Ryde, PO33.
Nelson Place, Ryde, PO33 lies within the PO33 postal district.
Flat 6, Nelson Mansions 1, Ryde has a single entry in the Land Registry from February 2018 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
In very good condition, we estimate Flat 6, Nelson Mansions 1, Ryde would be worth £199,630, with a potential rental value of £799 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £176,815, with a rental value of £707 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of Flat 6, Nelson Mansions 1, Ryde has fallen by £7,124 (3.7%) over the last year. During the same period, its estimated monthly rental value has moved up by £24 (3.2%). The property's estimated gross yield is currently 4.8%.
Flat 6, Nelson Mansions 1, Ryde last changed hands on 23rd February 2018, selling for £165,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 41.0% since February 2018.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 450 metres of Flat 6, Nelson Mansions 1, Ryde across the last 2 years.
Most recently, 44, Brigstocke Terrace, Ryde, PO33 2PD, a leasehold flat, sold at £190,000 on the 6th June 2024.
Read more about house prices in PO33.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks Flat 6, Nelson Mansions 1, Ryde as the 12th largest and the 18th most expensive of the 31 addresses on Nelson Place, Ryde, PO33.
Against the PO33 postcode district average, it is £82k less expensive than the typical property.
Ryde Hoverport station is the nearest stop to Flat 6, Nelson Mansions 1, Ryde at 200 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 6, Nelson Mansions 1, Ryde, 45.2% of property is privately rented and 40.0% is privately owned outright.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 6, Nelson Mansions 1, Ryde, 8.8% of residents are recorded as possessing school level qualifications and 29.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 6, Nelson Mansions 1, Ryde, the average age was 45.9 and the most common age was 57.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 6, Nelson Mansions 1, Ryde, 0.5% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 6, Nelson Mansions 1, Ryde, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
