1A Madeira Road, Ventnor, PO38 1QP is a leasehold flat built before 1900. The property offers approximately 1,141 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £177,010 , which equates to approximately £155 per square foot. It was last sold on 19 Jun 2015 for £133,000. Since then, the value has increased by £44,010, representing a 33.1% increase, or approximately 3.2% per year.

The current estimated value of £177,010 is:

  • 35.2% lower than the average property price on Madeira Road
  • 33.0% lower than the average in the PO38 1QP postcode area
  • and 41.4% lower than the average price for Ventnor as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded once as rented and once as owner-occupied, indicating a change in how it was used over time.

At the most recent EPC inspection on 27 July 2023, the property was recorded as rented.

View sold house prices in PO38 1QP

Building approximate location

About Property

Type
Detached Maisonette
Built
before 1900
Interior Size
1141 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£177,010
Price Per sq ft (estimate)
£155
Bedroom Count (estimate)
4 bedrooms

EPC Summary

1A Madeira Road, Ventnor, Isle Of Wight, PO38 1QP has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 27 Jul 2023.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows have partial double glazing.

The previous EPC assessment was conducted on 9 Jan 2015. The rating of D remains the same, but the energy efficiency score improved by 8.9%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 300 mm loft insulation, improving energy efficiency from average to very good.
  • The wall construction or insulation changed from sandstone or limestone, as built, no insulation (assumed) to granite or whinstone, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was changed from low energy lighting in 78% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 300 mm loft insulation
Very Good
Walls
Granite or whinstone, as built, no insulation (assumed)
Very Poor
Windows
Partial double glazing
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO38 1QP

13 th / 19
Price Rank
33% lower than average
9 th / 14
Size Rank
7% smaller than average
11 th / 14
Price Per Sq FT Rank
28% lower than average

Compared to other properties in PO38 1QP , this maisonette's estimated value ranks 13th out of 19. Based on price per square foot, it ranks 11th out of 14 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 9th out of 14 properties in its postcode area.

Sale History

Today
£177,010
streetscan.co.uk estimate
+33 %
19 Jun 2015
£133,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 1184 sq ft
sale price: £192,500
sale date: 22 Jan 2021
rooms: 4
size: 1044 sq ft
sale price: £110,000
sale date: 31 Jul 2013
rooms: 4
size: 1141 sq ft
sale price: £55,000
sale date: 6 Jun 2002
rooms: 4
size: 1023 sq ft
sale price: £235,000
sale date: 22 Nov 2021
rooms: 5
size: 1238 sq ft
sale price: £133,000
sale date: 16 Nov 2020

Data Sources

The property at 1A Madeira Road, Ventnor, Isle Of Wight, PO38 1QP appears once in the Land Registry records, with the transaction recorded on 19 Jun 2015. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 27 Jul 2023. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.