Flat 17, Madeira Court Madeira Road, Ventnor, PO38 1QJ is a leasehold flat built between 1976-1982. The property offers approximately 624 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £202,760 , which equates to approximately £325 per square foot. It was last sold on 19 May 2020 for £175,000. Since then, the value has increased by £27,760, representing a 15.9% increase, or approximately 2.8% per year.

The current estimated value of £202,760 is:

  • 25.7% lower than the average property price on Madeira Road
  • 6.1% higher than the average in the PO38 1QJ postcode area
  • and 32.9% 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 18 March 2020, the property was recorded as owner-occupied.

View sold house prices in PO38 1QJ

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
624 sq ft
Tenure
Leasehold
Price (estimate)
£202,760
Price Per sq ft (estimate)
£325
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 17, Madeira Court Madeira Road, Ventnor, Isle Of Wight, PO38 1QJ has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 18 Mar 2020.

This property uses electric room heaters as its main heating source. A standard tariff electric immersion heater is used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 29 Sep 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 23.9%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to room heaters, electric, changing energy efficiency from poor to very poor.
  • The hot water system was changed from no system present: electric immersion assumed to electric immersion, standard tariff, 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, partial insulation (assumed), changing energy efficiency from good to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Room heaters, electric
Very Poor
Hot Water
Electric immersion, standard tariff
Very Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to PO38 1QJ

9 th / 18
Price Rank
6% higher than average
8 th / 10
Size Rank
2% bigger than average
6 th / 10
Price Per Sq FT Rank
4% higher than average

Compared to other properties in PO38 1QJ , this flat's estimated value ranks 9th out of 18. Based on price per square foot, it ranks 6th out of 10 properties. In terms of size, this home ranks 8th out of 10 properties in its postcode area.

Sale History

Today
£202,760
streetscan.co.uk estimate
+16 %
19 May 2020
£175,000
Leasehold
+12.9 %
2 Jul 2010
£155,000
Leasehold
-6.1 %
17 Jan 2008
£165,000
Leasehold
+106.3 %
19 Sep 2002
£80,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £165,000
sale date: 5 Jun 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: 3
size: 678 sq ft
sale price: £170,000
sale date: 31 Mar 2016
rooms: 4
size: 689 sq ft
sale price: £158,000
sale date: 31 Mar 2014

Data Sources

The property at Flat 17, Madeira Court Madeira Road, Ventnor, PO38 1QJ appears four times in the Land Registry records, with the latest transaction recorded on 19 May 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 18 Mar 2020. 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.