Average Price for property in Madeira Road, Ventnor, PO38 is around £189,753 which varies based on type of property you are interested in and ranges from £365,471 for detached house to around £186,405 for semi-detached. Similarly terraced house is around £95,118 and a flat is worth £162,108. Values have been changing and have risen £1,538 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £4,938 in last 6 months, £13,410 in last 1 year, £22,268 in last 2 years, £21,248 in last 3 years, £20,758 in last 4 years and £20,824 in last 5 years.
Currently average asking price of a property in Madeira Road, Ventnor, PO38 is around £309,806 based on approximately 5 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 Madeira Road, Ventnor, PO38 is £189,753. Average asking price is £309,806 while average price paid is £163,500 which is up by £13,410 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 Madeira Road, Ventnor, PO38 area. In last 1 year alone average price buyer paid is around £163,500 based on approximately 5 sales in Madeira Road, Ventnor, PO38 area alone. If you compare it to last 3 years sales of 25 properties where buyers paid around £204,782. 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 £187,034 for 42 and average amount paid for purchase of approx. 51 properties sold in last 7 years comes to about £178,851 per sale.