Esplanade Road, Ventnor, PO38

Street Guide For Esplanade Road, Ventnor, PO38

 
 

Esplanade Road, Ventnor, PO38 Map

Estimated Price: £204,179
Average Asking Price: £309,806
Price change in last one year: £15,350
Average Price Paid: £183,450
Average Rent Rates: £698

Red Squirrel Property Shop Ltd
11b Holyrood House, St Thomas Square, Newport, PO3
Red Squirrel Property Shop Ltd
11b Holyrood House, St Thomas Square, Newport, PO3

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Property Prices Breakdown in Esplanade Road, Ventnor, PO38

Values have been changing and have risen £1,760 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £5,652 in last 6 months, £15,350 in last 1 year, £25,489 in last 2 years, £24,321 in last 3 years, £23,760 in last 4 years and £23,834 in last 5 years.

Currently average asking price of a property in Esplanade Road, Ventnor, PO38 is around £309,806 based on approximately 1 properties for sale. Same is the case with rental options based on 38 properties up for rent, average asking rent is around £698 per month.

Estimated property value in Esplanade Road, Ventnor, PO38 is £204,179. Average asking price is £309,806 while average price paid is £242,500 which is up by £15,350 and Avg. asking rent £698.Based on an Online Survey

Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Esplanade Road, Ventnor, PO38 area. In last 1 year alone average price buyer paid is around £242,500 based on approximately 1 sales in Esplanade Road, Ventnor, PO38 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £210,625. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £183,450 for 5 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £193,708 per sale.

 
 
 
 

Breakdown of asking prices for homes of different sizes show that price varies clearly based on no of bedrooms and type of house. Asking price for a house with 1 bedroom is around £117,475, £191,236 for a 2 bedroom house, £254,344 for a 3 bedroom house, £401,316 for a 4 bedroom house and £683,111 for a 5 bedroom house. For a flat similarly the prices varies from £103,891 for a single bedroom to £142,760 for a 2 bedroom Flat. Same is the case with 3 bedroom flat £166,648, £115,000 for a 4 bedroom flat and £190,000 for a 5 bedroom flat. To sum up the asking prices for properties in Esplanade Road, Ventnor, PO38 it comes to around average £105,981 for 1 bedroom property, £168,562 for 2 bedroom, £246,933 for 3 bedroom, £393,136 for 4 bedroom and £633,800 for a 5 bedroom property.

Rent per calendar month varies similarly based on type and size of the house. If you look at the rents per month for houses alone it can vary from £624 for 1 bedroom to £668 for 2 bedrooms, £793 for 3 bedrooms, £1,117 for 4 bedrooms and £1,200 for 5 bedrooms house. But if you are interested in renting a 1 bedroom flat then rent per month can be around £481. As the no. of bedroom increase so will the rent e.g. for a 2 bedroom flat it will be around £544 and £680 for 3 bedroom. You should be generally be expecting around average £505 rent per month for single bedroom property, £613 for 2 bedroom, £755 for 3 bedroom, £1,117 for 4 bedroom and approximately £1,200 for a 5 bedroom property in Esplanade Road, Ventnor, PO38 area.

Popular Houses in Esplanade Road, Ventnor, PO38

Disclaimer : Location real estate estimates and values are based on House price index background data and Sales data provided by United Kingdom Land registry Records available as public records from their website. This information is updated monthly on our website and may not reflect all public transactions. This information is based on estimated calculation generated from our developed algorithms. We are striving to make this information as accurate and useful as possible. This data covers the transactions received at Land Registry in the period 1/1/1995 to 9/1/2014. © Crown copyright 2014. Data produced by Land Registry © Crown copyright 2014.

Areas in and around Esplanade Road, Ventnor, PO38