According to the public record, 12, Verwood Drive, Ryde is a mid-century freehold house with 882 ft2 of internal area and sits on a 183 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Verwood Drive, Ryde, PO33 is located within the PO33 postal district.
12, Verwood Drive, Ryde has a single entry in the Land Registry database from May 2021 and a single entry in the EPC database dated October 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
Based on public information available, and assuming the property is in reasonable condition, we estimate the current sale value for 12 Verwood Drive Ryde as £312,821 and the rental value as £1,207 per month giving an expected gross yield of 4.6%.
Over the last 12 months the sale value of 12 Verwood Drive Ryde has increased by £3,589 (1.1%) and its rental value has increased by £59 per month (4.9%).
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 12, Verwood Drive, Ryde is in very good condition we estimate a sale value of £328,462 and rental value of £1,267 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £290,923 and a rental value of £1,122 per month.
If you were able to purchase this property for the estimated value of £312,821, and assuming a 25 year repayment term, a 15% deposit and a fixed rate of 4.89%, your monthly repayments would be £1,537 per month.
This figure is only an estimate but we've partnered with Mortgage Advice Bureau who can provide a figure tailored for you! Get started using their mortgage finder below.
According to data from HM Land Registry, 12, Verwood Drive, Ryde sits on a plot of 183m2.
We have plot size data on 9 out of 14 other houses in the postcode and 12, Verwood Drive, Ryde sits on the 8th largest plot.
According to HM Land Registry, 12, Verwood Drive, Ryde was last sold on 14 May 2021 for £255,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since May 2021, the market for similar properties has risen 6.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 12, Verwood Drive, Ryde within a radius of 1.1 kilometres over the last 2 years.
The most recent example is 21, Verwood Drive, Ryde, PO33 3SP, a Freehold house which sold for £342,500 in May 2023.
Read more about house prices in PO33.
*Nearby is defined as the radius comprising the nearest 2,000 addresses.
Verwood Drive, Ryde, PO33 has a total of 39 addresses. According to our analysis of all the public data, 12, Verwood Drive, Ryde is the 13th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £39k more expensive than the average property in PO33.
12, Verwood Drive, Ryde has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Oct 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using a boiler and radiators.
The closest station to 12, Verwood Drive, Ryde is Ryde St Johns Road station which is 2.4 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 12, Verwood Drive, Ryde, 65.3% of property is privately owned outright and 22.9% is privately owned with a mortgage.
The graph below shows how this compares to Greater London and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 12, Verwood Drive, Ryde, 8.5% of residents are recorded as possessing school level qualifications and 22.2% as possessing degree level qualifications.
The graph below shows how this compares to Greater London and the rest of England & Wales
The most recent census in 2021 recorded the age of all UK residents.
In the area around 12, Verwood Drive, Ryde, the average age was 51.3 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 12, Verwood Drive, Ryde, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 12, Verwood Drive, Ryde, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.