Flat 2, Belmont House Southgrove Road, Ventnor, PO38 1TW is a leasehold flat built between 1900-1929. The property offers approximately 570 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £105,052 , which equates to approximately £184 per square foot. It was last sold on 29 Sep 2021 for £104,000. Since then, the value has increased by £1,052, representing a 1.0% increase, or approximately 0.2% per year.

The current estimated value of £105,052 is:

  • 64.2% lower than the average property price on Southgrove Road
  • 65.8% lower than the average in the PO38 1TW postcode area
  • and 64.8% 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 4 October 2023, the property was recorded as owner-occupied.

View sold house prices in PO38 1TW

Building approximate location

About Property

Type
Flat
Built
1900-1929
Interior Size
570 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£105,052
Price Per sq ft (estimate)
£184
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, Belmont House Southgrove Road, Ventnor, Isle Of Wight, PO38 1TW has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 4 Oct 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 are single glazed.

The previous EPC assessment was conducted on 11 Jun 2021, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 113.8%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from electric storage heaters to boiler and radiators, mains gas, improving energy efficiency from average to good.
  • The hot water system was changed from electric immersion, off-peak to from main system, with its energy efficiency improving from very poor to good.
  • The lighting was updated from no low energy lighting to low energy lighting in all fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO38 1TW

22 nd / 23
Price Rank
66% lower than average
12 th / 15
Size Rank
38% smaller than average
14 th / 15
Price Per Sq FT Rank
45% lower than average

Compared to other properties in PO38 1TW , this flat's estimated value ranks 22th out of 23. Based on price per square foot, it ranks 14th out of 15 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 12th out of 15 properties in its postcode area.

Sale History

Today
£105,052
streetscan.co.uk estimate
+1 %
29 Sep 2021
£104,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 635 sq ft
sale price: £130,000
sale date: 18 Oct 2019
rooms: 3
size: 570 sq ft
sale price: £153,000
sale date: 20 Dec 2018
rooms: 2
size: 549 sq ft
sale price: £64,000
sale date: 22 Aug 2018
rooms: 3
size: 646 sq ft
sale price: £175,000
sale date: 20 Apr 2018
rooms: 2
size: 527 sq ft
sale price: £130,000
sale date: 22 Oct 2010

Data Sources

The property at Flat 2, Belmont House Southgrove Road, Ventnor, Isle Of Wight, PO38 1TW appears once in the Land Registry records, with the transaction recorded on 29 Sep 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Oct 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.