Flat A, 15
Flat A, 15
Description & Estimates
Flat A, 15, Madeira Road, Ventnor is described in the public record as a period apartment with 818 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of Flat A, 15, Madeira Road, Ventnor is £205,996 and its rental estimate is £958 per month, given the available information and assuming reasonable condition.
15, Madeira Road is a residential building on Madeira Road, Ventnor, PO38 and falls within the PO38 postal district.
Our Data Sources
Flat A, 15, Madeira Road, Ventnor has no records in the the Land Registry and a single entry in the EPC database dated February 2018.
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 A, 15, Madeira Road, Ventnor, we estimate a market value of £216,296 and a rental value of £1,006 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £191,576 and £891 per month respectively.
Recent Market Change
Over the last year, Flat A, 15, Madeira Road, Ventnor has seen its estimated sale value decline by £10,896 (5.3%) and its estimated rental value climb by £31 per month (3.3%). This results in an estimated gross rental yield of 5.6%.
Energy Efficiency
Flat A, 15, Madeira Road, Ventnor has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Feb 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat A, 15, Madeira Road, Ventnor have sold within a radius of 860 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd October 2024, was Flat 2, 1 St. Boniface Gardens, St. Boniface Road, Ventnor, PO38 1PW, a leasehold flat which sold for £210,000.
Read more about house prices in PO38.
- Sold Oct 2024£210,000 | 3 Bed Flat1 St. Boniface Gardens, St. Boniface RoadFlat 2, 1 St. Boniface Gardens, St. Boniface Road, Ventnor, PO38 1PW
- Sold Aug 2019£175,000 | 2 Bed Flat2 Osborne Villas, St. Boniface RoadFlat C, 2 Osborne Villas, St. Boniface Road, Ventnor, PO38 1PN
- Sold Nov 2016£160,000 | 2 Bed FlatOsterley, St. Boniface RoadFlat 2, Osterley, St. Boniface Road, Ventnor, PO38 1PN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 162 addresses on Madeira Road, Ventnor, PO38, Flat A, 15, Madeira Road, Ventnor comes out as the 86th largest and the 75th most expensive in our analysis of the public data.
It is also £114k less expensive than the average property across the PO38 district.
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Schools Nearby
- 1.8kmSt Francis Catholic and Church of England Primary Academy
- 2.9kmWroxall Primary School
- 3.8kmSt Blasius Shanklin CofE Primary Academy
- 1.6kmThe Island Free School
- 13.5kmChrist The King College
- 14.0kmCarisbrooke College
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Public Transport Nearby
From Flat A, 15, Madeira Road, 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.
