Flat 4, 7 Oak Vale, Oakfield, Ryde, PO33 1FP is a leasehold flat built in 2007 onwards. The property offers approximately 689 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £129,855 , which equates to approximately £189 per square foot. It was last sold on 17 Nov 2014 for £97,000. Since then, the value has increased by £32,855, representing a 33.9% increase, or approximately 3.1% per year.

The current estimated value of £129,855 is:

  • 6.3% lower than the average property price on Oak Vale
  • 13.6% lower than the average in the PO33 1FP postcode area
  • and 49.6% lower than the average price for Ryde as a whole

View sold house prices in PO33 1FP

Building approximate location

About Property

Type
Flat
Built
2007 onwards
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£129,855
Price Per sq ft (estimate)
£189
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 4, 7 Oak Vale, Oakfield, Ryde, Isle Of Wight, PO33 1FP has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 9 Jun 2020.

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.

The previous EPC assessment was conducted on 1 Sep 2009, when the property was rated D. Since then, the rating has improved to B, with the energy efficiency score increasing by 19.1%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from room heaters, electric to electric storage heaters, improving energy efficiency from very poor to poor.
  • The hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The roof construction or insulation changed from (other premises above) to (another dwelling above), with no change in energy efficiency (n/a).
  • The wall construction or insulation changed from average thermal transmittance 0.27 w/m?k to timber frame, as built, insulated (assumed), changing energy efficiency from very good to good.
  • The lighting was updated from low energy lighting in 40% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from average to very good.
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Average
Walls
Timber frame, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO33 1FP

15 th / 19
Price Rank
14% lower than average
11 th / 13
Size Rank
5% smaller than average
9 th / 13
Price Per Sq FT Rank
9% lower than average

Compared to other properties in PO33 1FP , this flat's estimated value ranks 15th out of 19. Based on price per square foot, it ranks 9th out of 13 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 11th out of 13 properties in its postcode area.

Sale History

Today
£129,855
streetscan.co.uk estimate
+34 %
17 Nov 2014
£97,000
Leasehold
+3.7 %
3 May 2012
£93,500
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 6, 7 Oak Vale, Oakfield, Ryde, PO33 1FP
rooms: 3
size: 721 sq ft
sale price: £122,500
sale date: 10 Aug 2022
Flat 3, 7 Oak Vale, Oakfield, Ryde, PO33 1FP
rooms: 3
size: 743 sq ft
sale price: £130,000
sale date: 29 Apr 2022
Flat 3, 1 Oak Vale, Oakfield, Ryde, PO33 1FP
rooms: 2
size: 667 sq ft
sale price: £110,000
sale date: 27 Jun 2018
Flat 1, 7 Oak Vale, Oakfield, Ryde, PO33 1FP
rooms: 3
size: 743 sq ft
sale price: £110,000
sale date: 11 Dec 2017
Flat 7, 1 Oak Vale, Oakfield, Ryde, PO33 1FP
rooms: 3
size: 721 sq ft
sale price: £95,500
sale date: 6 Feb 2015

Data Sources

The property at Flat 4, 7 Oak Vale, Oakfield, Ryde, PO33 1FP appears two times in the Land Registry records, with the latest transaction recorded on 17 Nov 2014. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 9 Jun 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.
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