Studio Flat 2, Wilmington
Studio Flat 2, Wilmington
Description & Estimates
Studio Flat 2, Wilmington, Ryde is recorded publicly as a period leasehold apartment across 301 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom with a balcony and garden.
Our estimate of the sale value of Studio Flat 2, Wilmington, Ryde is £99,554 and its rental estimate is £518 per month, given the available information and assuming reasonable condition.
Wilmington, Appley Rise is a residential building on Appley Rise, Ryde, PO33 and falls within the PO33 postal district.
Our Data Sources
Studio Flat 2, Wilmington, Ryde has 41 entries in the Land Registry , most recently in June 2015 and a single entry in the EPC database dated February 2019.
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
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 Studio Flat 2, Wilmington, Ryde, we estimate a market value of £104,532 and a rental value of £544 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £92,586 and £482 per month respectively.
Recent Market Change
Over the last year, Studio Flat 2, Wilmington, Ryde has seen its estimated sale value decrease by £2,381 (2.4%) and its estimated rental value grow by £23 per month (4.5%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
Studio Flat 2, Wilmington, Ryde has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 28 Feb 2019.
The property is not connected to mains gas and has single glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of Studio Flat 2, Wilmington, Ryde completed on 22nd June 2015 at £63,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 18.1% over the period since June 2015.
- Sold Jun 2015£63,000
- Sold Jul 2006£67,000
- Sold Sep 2005£55,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Studio Flat 2, Wilmington, Ryde have sold within a radius of 770 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 31st January 2024, was Flat 6, Eastfield 33, Dover Street, Ryde, PO33 2BW, a leasehold flat which sold for £100,000.
Read more about house prices in PO33.
- Sold Jan 2024£100,000 | 1 Bed FlatEastfield 33, Dover StreetFlat 6, Eastfield 33, Dover Street, Ryde, PO33 2BW
- Sold Oct 2021£97,000 | 1 Bed FlatAcorn Apartments 40, West Hill RoadFlat 7, Acorn Apartments 40, West Hill Road, Ryde, PO33 1LN
- Sold Sep 2008£59,000 | 1 Bed FlatWilmington, Appley RiseStudio Flat 3, Wilmington, Appley Rise, Ryde, PO33 1LE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 83 addresses on Appley Rise, Ryde, PO33, Studio Flat 2, Wilmington, Ryde comes out as the 80th largest and the 80th most expensive in our analysis of the public data.
It is also £172k less expensive than the average property across the PO33 district.
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Schools Nearby
- 300mSt Mary's Catholic Primary School
- 600mOakfield Church of England Aided Primary School, Ryde
- 700mDover Park Primary School
- 1.9kmLift Ryde
- 6.5kmKing's Academy Bay House
- 8.6kmArk Charter Academy
More reading links
Public Transport Nearby
From Studio Flat 2, Wilmington, Ryde, the nearest station is Ryde Hoverport, 800 metres away.
- 800mRyde Hoverport
- 800mRyde St Johns Road
- 900mRyde Esplanade
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.
