Flat 3 15 Spring Gardens

    FLAT 3 15, SPRING GARDENS, VENTNOR, PO38 1QX

    This flat/maisonette leasehold property on Spring Gardens last sold in October 2020 for £70,000. Based on price growth in the PO38 district since then, its estimated current value is £76,902 — placing it in the 1st percentile nationally and the 1st percentile within PO38. The property covers 46 m² (495 sq ft), giving an estimated value of £1,672 per m². The EPC rating is F, with a potential rating of D.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    46 m²

    (495 sq ft)

    Last Sale Price

    £70,000

    Oct 2020

    Estimated Valuation

    £76,902

    Est. £/m²

    £1,672/m²

    £155/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms2
    Main fuelmains gas (not community)
    EPC currentF
    EPC potentialD
    Floor area46 m² (495 sq ft)
    EPC dateJul 2018
    WallsGranite or whinstone, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 Oct 2020

    £70,000

    7 Jan 2000

    £38,000

    Key Metrics

    Estimated valuation£76,902
    Value per m² / sq ft£1,672/m² (£155/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO38 district percentile1st percentile
    National percentile1st 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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