Flat 1 18 Cornwall Road

    FLAT 1 18, CORNWALL ROAD, VENTNOR, PO38 1AS

    This flat/maisonette leasehold property on Cornwall Road last sold in May 2024 for £112,500. Based on price growth in the PO38 district since then, its estimated current value is £94,600 — placing it in the 3rd percentile nationally and the 2nd percentile within PO38. The property covers 50 m² (538 sq ft), giving an estimated value of £1,892 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    50 m²

    (538 sq ft)

    Last Sale Price

    £112,500

    May 2024

    Estimated Valuation

    £94,600

    Est. £/m²

    £1,892/m²

    £176/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1976-1982
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area50 m² (538 sq ft)
    EPC dateJul 2019
    WallsCavity wall, as built, partial insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    14 May 2024

    £112,500

    12 Dec 2014

    £70,000

    23 Mar 2001

    £45,000

    14 Nov 1997

    £30,000

    Key Metrics

    Estimated valuation£94,600
    Value per m² / sq ft£1,892/m² (£176/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile2nd percentile
    National percentile3rd percentile

    District Context — PO38

    PO38 covers the Isle of Wight and sits off the south coast of Hampshire. It is a predominantly residential area with strong appeal to retirees and families seeking a quieter, coastal lifestyle.

    Average Property Price - PO38

    £322,618

    49

    National percentile

    Average Net Household Income - PO38

    £34,497

    29

    National percentile

    10-Year Annualised Price Growth - PO38

    4.4%

    77

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO38

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