38b Madeira Road

    38B, MADEIRA ROAD, VENTNOR, PO38 1QS

    This flat/maisonette leasehold property on Madeira Road last sold in October 2022 for £370,000. Based on price growth in the PO38 district since then, its estimated current value is £383,765 — placing it in the 65th percentile nationally and the 74th percentile within PO38. The property covers 122 m² (1,313 sq ft), giving an estimated value of £3,146 per m². The EPC rating is C, with a potential rating of B.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    122 m²

    (1,313 sq ft)

    Last Sale Price

    £370,000

    Oct 2022

    Estimated Valuation

    £383,765

    Est. £/m²

    £3,146/m²

    £292/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area122 m² (1,313 sq ft)
    EPC dateJun 2022
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    18 Oct 2022

    £370,000

    Key Metrics

    Estimated valuation£383,765
    Value per m² / sq ft£3,146/m² (£292/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile74th percentile
    National percentile65th 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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