1b Madeira Road

    1B, MADEIRA ROAD, VENTNOR, PO38 1QP

    This flat/maisonette leasehold property on Madeira Road last sold in January 2021 for £192,500. Based on price growth in the PO38 district since then, its estimated current value is £188,388 — placing it in the 21st percentile nationally and the 20th percentile within PO38. The property covers 110 m² (1,184 sq ft), giving an estimated value of £1,713 per m². The EPC rating is D, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    110 m²

    (1,184 sq ft)

    Last Sale Price

    £192,500

    Jan 2021

    Estimated Valuation

    £188,388

    Est. £/m²

    £1,713/m²

    £159/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: before 1900
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area110 m² (1,184 sq ft)
    EPC dateFeb 2020
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    22 Jan 2021

    £192,500

    21 Apr 2005

    £164,000

    28 Mar 2002

    £87,000

    Key Metrics

    Estimated valuation£188,388
    Value per m² / sq ft£1,713/m² (£159/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile20th percentile
    National percentile21st 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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