Flat 2, Teakwood Spring Gardens, Ventnor, PO38 1QX is a leasehold flat built between 1950-1966. The property offers approximately 926 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £171,671 , which equates to approximately £185 per square foot. It was last sold on 15 Feb 2024 for £179,500. Since then, the value has decreased by £7,829, representing a 4.4% decrease, or approximately 2.4% per year.

The current estimated value of £171,671 is:

  • 12.8% lower than the average property price on Spring Gardens
  • 22.7% lower than the average in the PO38 1QX postcode area
  • and 42.5% lower than the average price for Ventnor as a whole

At the most recent EPC inspection on 4 November 2015, the property was recorded as owner-occupied.

View sold house prices in PO38 1QX

Building approximate location

About Property

Type
Flat
Built
1950-1966
Interior Size
926 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£171,671
Price Per sq ft (estimate)
£185
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 2, Teakwood Spring Gardens, Ventnor, Isle Of Wight, PO38 1QX has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 4 Nov 2015.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 56% of fixed outlets
Good

Compared to PO38 1QX

6 th / 17
Price Rank
23% lower than average
5 th / 12
Size Rank
9% smaller than average
7 th / 12
Price Per Sq FT Rank
15% lower than average

Compared to other properties in PO38 1QX , this flat's estimated value ranks 6th out of 17. Based on price per square foot, it ranks 7th out of 12 properties. In terms of size, this home ranks 5th out of 12 properties in its postcode area.

Sale History

Today
£171,671
streetscan.co.uk estimate
-4 %
15 Feb 2024
£179,500
Leasehold
+38.1 %
3 Dec 2018
£130,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 861 sq ft
sale price: £155,000
sale date: 15 Jul 2022
rooms: 4
size: 969 sq ft
sale price: £99,000
sale date: 10 Oct 2003
rooms: 4
size: 908 sq ft
sale price: £69,000
sale date: 18 Jan 2002
rooms: 3
size: 958 sq ft
sale price: £69,000
sale date: 5 Nov 2001

Data Sources

The property at Flat 2, Teakwood Spring Gardens, Ventnor, PO38 1QX appears two times in the Land Registry records, with the latest transaction recorded on 15 Feb 2024. It also has a single Energy Performance Certificate (EPC) from 4 Nov 2015. 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.