40F Madeira Road, Ventnor, PO38 1QS is a leasehold flat built before 1900. The property offers approximately 1,001 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £173,706 , which equates to approximately £174 per square foot. It was last sold on 7 Nov 2013 for £125,000. Since then, the value has increased by £48,706, representing a 39.0% increase, or approximately 3.2% per year.

The current estimated value of £173,706 is:

  • 36.4% lower than the average property price on Madeira Road
  • 34.7% lower than the average in the PO38 1QS postcode area
  • and 42.5% lower than the average price for Ventnor as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 10 May 2024, the property was recorded as owner-occupied.

View sold house prices in PO38 1QS

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
1001 sq ft
Tenure
Leasehold
Price (estimate)
£173,706
Price Per sq ft (estimate)
£174
Bedroom Count (estimate)
3 bedrooms

EPC Summary

40F Madeira Road, Ventnor, Isle Of Wight, PO38 1QS has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 10 May 2024.

This property uses electric room heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 6 Jul 2012, when the property was rated D. The current rating of F reflects a decline in energy efficiency of 42.6%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to room heaters, electric, changing energy efficiency from good to very poor.
  • The hot water system was changed from from main system to electric instantaneous at point of use, with its energy efficiency changing from good to very poor.
  • The wall construction or insulation changed from sandstone, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), changing energy efficiency from poor to very poor.
  • The lighting was updated from low energy lighting in 27% of fixed outlets to low energy lighting in 71% of fixed outlets, with efficiency improving from average to very good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric instantaneous at point of use
Very Poor
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 71% of fixed outlets
Very Good

Compared to PO38 1QS

25 th / 31
Price Rank
35% lower than average
17 th / 23
Size Rank
12% smaller than average
18 th / 23
Price Per Sq FT Rank
26% lower than average

Compared to other properties in PO38 1QS , this flat's estimated value ranks 25th out of 31. Based on price per square foot, it ranks 18th out of 23 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 17th out of 23 properties in its postcode area.

Sale History

Today
£173,706
streetscan.co.uk estimate
+39 %
7 Nov 2013
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 936 sq ft
sale price: £200,000
sale date: 19 Feb 2024
rooms: 4
size: 1066 sq ft
sale price: £205,000
sale date: 25 Mar 2020
rooms: 4
size: 1055 sq ft
sale price: £205,000
sale date: 6 Dec 2019
rooms: 3
size: 1044 sq ft
sale price: £165,000
sale date: 10 Aug 2017
rooms: 4
size: 1044 sq ft
sale price: £170,000
sale date: 1 Jul 2016

Data Sources

The property at 40F Madeira Road, Ventnor, Isle Of Wight, PO38 1QS appears once in the Land Registry records, with the transaction recorded on 7 Nov 2013. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 10 May 2024. 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.