8b Madeira Road

    8B, MADEIRA ROAD, VENTNOR, PO38 1QP

    This flat/maisonette leasehold property on Madeira Road last sold in July 2022 for £215,000. Based on price growth in the PO38 district since then, its estimated current value is £222,999 — placing it in the 30th percentile nationally and the 31st percentile within PO38. The property covers 52 m² (560 sq ft), giving an estimated value of £4,288 per m². The EPC rating is D, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    52 m²

    (560 sq ft)

    Last Sale Price

    £215,000

    Jul 2022

    Estimated Valuation

    £222,999

    Est. £/m²

    £4,288/m²

    £398/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1930-1949
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialD
    Floor area52 m² (560 sq ft)
    EPC dateJun 2021
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Jul 2022

    £215,000

    21 Jan 2011

    £85,000

    Key Metrics

    Estimated valuation£222,999
    Value per m² / sq ft£4,288/m² (£398/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile31st percentile
    National percentile30th 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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