Ventnor

Area Guide For Ventnor

Ventnor is a shoreline resort and civil parish created in the Victorian times on the south shore of the Isle of Wight, England. It lies below St Boniface Down , is the most noteworthy point on the Isle of Wight), and is based on steep inclines and bluffs driving down to the ocean. The higher part is alluded to as Upper Ventnor (albeit formally it is Lowtherville); the lower part, where the majority of the enhancements are placed, being known as Ventnor. Ventnor is some of the time saw as including the waterfront towns of St. Lawrence to one side and Bonchurch to the next.

The protected area on the precipice of the Island's south drift implies the territory encounters a microclimate with more sunny days than a significant part of the British Isles, and less ices. This has permitted numerous types of subtropical plant to be effectively planted and kept up. Ventnor Botanic Garden is especially notable.

 
 

Ventnor Map

Estimated Price: £253,243
Average Asking Price: £307,843
Price change in last one year: £14,088
Average Price Paid: £212,363
Average Rent Rates: £711

 
 

Property Prices Breakdown in Ventnor

Average Price for property in Ventnor is around £253,243 which varies based on type of property you are interested in and ranges from £346,142 for detached house to around £214,378 for semi-detached. Similarly terraced house is around £176,216 and a flat is worth £155,683. Values have been changing and have risen £726 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £2,705 in last 6 months, £14,088 in last 1 year, £25,474 in last 2 years, £20,908 in last 3 years, £24,636 in last 4 years and £23,843 in last 5 years.

Currently average asking price of a property in Ventnor is around £307,843 based on approximately 196 properties for sale. Same is the case with rental options based on 39 properties up for rent, average asking rent is around £711 per month.

Estimated property value in Ventnor is £253,243. Average asking price is £307,843 while average price paid is £207,176 which is up by £14,088 and Avg. asking rent £711.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 Ventnor area. In last 1 year alone average price buyer paid is around £207,176 based on approximately 196 sales in Ventnor area alone. If you compare it to last 3 years sales of 632 properties where buyers paid around £208,835. 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 £212,363 for 1,032 and average amount paid for purchase of approx. 1,372 properties sold in last 7 years comes to about £213,263 per sale.

 
 

Properties For Sale in Ventnor

 
 

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, £254,574 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 Ventnor it comes to around average £105,981 for 1 bedroom property, £168,562 for 2 bedroom, £247,143 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, £1,078 for 4 bedrooms and £1,452 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, £1,078 for 4 bedroom and approximately £1,452 for a 5 bedroom property in Ventnor area.

Popular Houses in Ventnor

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.

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