Flat 4, Belmont House Southgrove Road, Ventnor, PO38 1TW is a leasehold flat built between 1900-1929. The property offers approximately 549 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 £74,432 , which equates to approximately £136 per square foot. It was last sold on 22 Aug 2018 for £64,000. Since then, the value has increased by £10,432, representing a 16.3% increase, or approximately 2.2% per year.

The current estimated value of £74,432 is:

  • 74.6% lower than the average property price on Southgrove Road
  • 75.7% lower than the average in the PO38 1TW postcode area
  • and 75.1% 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 13 May 2021, 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
549 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£74,432
Price Per sq ft (estimate)
£136
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, Belmont House Southgrove Road, Ventnor, Isle Of Wight, PO38 1TW has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 13 May 2021.

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

The previous EPC assessment was conducted on 23 Nov 2017, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 36.8%.

Since the previous assessment, several changes were observed:

  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, 200 mm loft insulation, improving energy efficiency from average to good.
  • The wall energy efficiency changing from poor to very poor, with the construction or insulation remaining sandstone or limestone, as built, no insulation (assumed).
  • The lighting was updated from low energy lighting in 67% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Pitched, 200 mm loft insulation
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

23 rd / 23
Price Rank
76% lower than average
14 th / 15
Size Rank
40% smaller than average
15 th / 15
Price Per Sq FT Rank
59% lower than average

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

Sale History

Today
£74,432
streetscan.co.uk estimate
+16 %
22 Aug 2018
£64,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 570 sq ft
sale price: £104,000
sale date: 29 Sep 2021
rooms: 3
size: 570 sq ft
sale price: £153,000
sale date: 20 Dec 2018
rooms: 2
size: 527 sq ft
sale price: £130,000
sale date: 22 Oct 2010

Data Sources

The property at Flat 4, Belmont House Southgrove Road, Ventnor, Isle Of Wight, PO38 1TW appears once in the Land Registry records, with the transaction recorded on 22 Aug 2018. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 13 May 2021. 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.