2, Priory Flats, 34 Luccombe Road, Shanklin, PO37 6RR is a leasehold flat built between 2003-2006. The property offers approximately 612 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £172,375 , which equates to approximately £281 per square foot. It was last sold on 23 Aug 2010 for £130,000. Since then, the value has increased by £42,375, representing a 32.6% increase, or approximately 2.1% per year.

The current estimated value of £172,375 is:

  • 50.8% lower than the average property price on Luccombe Road
  • 59.4% lower than the average in the PO37 6RR postcode area
  • and 43.0% lower than the average price for Shanklin as a whole

At the most recent EPC inspection on 16 January 2009, the property was recorded as owner-occupied.

View sold house prices in PO37 6RR

Building approximate location

About Property

Type
Flat
Built
2003-2006
Interior Size
612 sq ft
Tenure
Leasehold
Price (estimate)
£172,375
Price Per sq ft (estimate)
£281
Bedroom Count (estimate)
1 bedroom

EPC Summary

2, Priory Flats, 34 Luccombe Road, Shanklin, Isle Of Wight, PO37 6RR has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 20 Aug 2011.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 16 Jan 2009, when the property was rated B. The current rating of C reflects a decline in energy efficiency of 2.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The wall construction or insulation changed from sandstone, as built, insulated (assumed) to solid brick, with internal insulation, improving energy efficiency from good to very good.
  • The lighting was updated from no low energy lighting to low energy lighting in 50% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Solid brick, with internal insulation
Very Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 50% of fixed outlets
Good

Compared to PO37 6RR

26 th / 31
Price Rank
59% lower than average
11 th / 19
Size Rank
44% smaller than average
15 th / 19
Price Per Sq FT Rank
27% lower than average

Compared to other properties in PO37 6RR , this flat's estimated value ranks 26th out of 31. Based on price per square foot, it ranks 15th out of 19 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 11th out of 19 properties in its postcode area.

Sale History

Today
£172,375
streetscan.co.uk estimate
+33 %
23 Aug 2010
£130,000
Leasehold
+19 %
15 May 2009
£109,250
Leasehold

Area Insights

Similar Properties Sold Nearby

6, Priory Flats, 34 Luccombe Road, Shanklin, PO37 6RR
rooms: 3
size: 589 sq ft
sale price: £104,500
sale date: 15 May 2009
14, Priory Flats, 34 Luccombe Road, Shanklin, PO37 6RR
rooms: 3
size: 635 sq ft
sale price: £235,000
sale date: 14 Sep 2007
12, Priory Flats, 34 Luccombe Road, Shanklin, PO37 6RR
rooms: 3
size: 603 sq ft
sale price: £232,000
sale date: 8 May 2007
16, Priory Flats, 34 Luccombe Road, Shanklin, PO37 6RR
rooms: 3
size: 583 sq ft
sale price: £235,000
sale date: 21 Dec 2006
13, Priory Flats, 34 Luccombe Road, Shanklin, PO37 6RR
rooms: 3
size: 666 sq ft
sale price: £272,000
sale date: 28 Nov 2006

Data Sources

The property at 2, Priory Flats, 34 Luccombe Road, Shanklin, PO37 6RR appears two times in the Land Registry records, with the latest transaction recorded on 23 Aug 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 20 Aug 2011. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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