FLAT 1, THE APPLEY, APPLEY RISE, RYDE, PO33 1LE - £165,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

FLAT 1 THE APPLEY is a midsized flat of 57m², built sometime before 1900, which could now be worth an estimated £156,502. It was last sold for £165,000 in September 2021, which was around 17% above the average September 2021 flat price in the Isle of Wight local authority area. The most recent EPC inspection was March 2020, where the current energy rating was C, and the potential energy rating was C.

FLAT 1 THE APPLEY Sold Prices

Land registry data shows two sales for FLAT 1 THE APPLEY since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Isle of Wight local authority area for the corresponding sale date. Both of the two FLAT 1 THE APPLEY sales were for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 30 SEP	£165,000	£140,783	17% above HPI
2012 30 NOV	£171,000	£101,657	68% above HPI

What might FLAT 1 THE APPLEY be worth now?

FLAT 1 THE APPLEY might now be worth an estimated £156,502.

This is based on house price deflation of 5.2%, between September 2021 and March 2026, for flats, in the Isle of Wight local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 5.2% deflationary decrease is applied to the most recent sale price for FLAT 1 THE APPLEY of £165,000 on 30th September 2021. For the value to have decreased from £165,000 to £156,502 over the five years and six months to March 2026, the following assumptions must hold true:

• The value of FLAT 1 THE APPLEY has moved in line with the HPI for flats in the Isle of Wight local authority area.
• The September 2021 sale price of £165,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 1 THE APPLEY has not materially changed since September 2021.

How Large is FLAT 1 THE APPLEY?

FLAT 1 THE APPLEY is 57m² according to the EPC inspection conducted in March 2020. This puts it in the largest 50% of flats in Ryde, based on EPC data. 53% of flats are smaller than FLAT 1 THE APPLEY, and 44% of flats are larger. Note that EPC data is not available for all properties in Ryde.

FLAT 1 THE APPLEY: Plot

FLAT 1 THE APPLEY sits on a plot of roughly 0.283 of an acre, or 1,145m².

Where is FLAT 1 THE APPLEY?

FLAT 1, THE APPLEY is located on APPLEY RISE in RYDE, in the PO33 postcode district.