Flat 16, Madeira Court Madeira Road, Ventnor, PO38 1QJ is a leasehold flat built between 1967-1975. The property offers approximately 678 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £216,471 , which equates to approximately £319 per square foot. It was last sold on 31 Mar 2016 for £170,000. Since then, the value has increased by £46,471, representing a 27.3% increase, or approximately 2.8% per year.

The current estimated value of £216,471 is:

  • 20.7% lower than the average property price on Madeira Road
  • 13.3% higher than the average in the PO38 1QJ postcode area
  • and 28.3% 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 30 April 2014, the property was recorded as owner-occupied.

View sold house prices in PO38 1QJ

Building approximate location

About Property

Type
Semi-Detached Maisonette
Built
1967-1975
Interior Size
678 sq ft
Tenure
Leasehold
Price (estimate)
£216,471
Price Per sq ft (estimate)
£319
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 16, Madeira Court Madeira Road, Ventnor, Isle Of Wight, PO38 1QJ has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 30 Apr 2014.

This property uses an electric boiler with radiators as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 7 Apr 2010, when the property was rated E. The current rating of F reflects a decline in energy efficiency of 26.1%.

Since the previous assessment, several changes were observed:

  • The heating system changed from room heaters, electric to boiler and radiators, electric, with no change in energy efficiency (very poor).
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency changing from average to very poor.
  • The wall construction or insulation changed from cavity wall, as built, insulated (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from good to poor.
  • The lighting was updated from low energy lighting in 17% of fixed outlets to low energy lighting in 33% of fixed outlets, with efficiency improving from poor to average.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
From main system
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 33% of fixed outlets
Average

Compared to PO38 1QJ

4 th / 18
Price Rank
13% higher than average
5 th / 10
Size Rank
11% bigger than average
5 th / 10
Price Per Sq FT Rank
2% higher than average

Compared to other properties in PO38 1QJ , this maisonette's estimated value ranks 4th out of 18. Based on price per square foot, it ranks 5th out of 10 properties. In terms of size, this home ranks 5th out of 10 properties in its postcode area.

Sale History

Today
£216,471
streetscan.co.uk estimate
+27 %
31 Mar 2016
£170,000
Leasehold
+3.7 %
24 Mar 2015
£164,000
Leasehold
+9.3 %
14 Jan 2011
£150,000
Leasehold
-18.9 %
17 Jan 2008
£185,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £165,000
sale date: 5 Jun 2020
rooms: 3
size: 624 sq ft
sale price: £175,000
sale date: 19 May 2020
rooms: 4
size: 580 sq ft
sale price: £172,000
sale date: 22 Aug 2018
rooms: 3
size: 605 sq ft
sale price: £173,000
sale date: 8 Jul 2016
rooms: 4
size: 689 sq ft
sale price: £158,000
sale date: 31 Mar 2014

Data Sources

The property at Flat 16, Madeira Court Madeira Road, Ventnor, PO38 1QJ appears four times in the Land Registry records, with the latest transaction recorded on 31 Mar 2016. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Apr 2014. 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.