56 Silver Trees, Shanklin, PO37 7ND is a freehold detached property built between 1967-1975. The property offers approximately 829 square feet of living space. In this location, properties of similar size usually have two bedrooms.

The estimated current market value of the property is £296,436 , which equates to approximately £358 per square foot. It was last sold on 22 Nov 2024 for £300,000. Since then, the value has decreased by £3,564, representing a 1.2% decrease, or approximately 1.1% per year.

The current estimated value of £296,436 is:

  • 1.5% higher than the average property price on Silver Trees
  • 4.7% higher than the average in the PO37 7ND postcode area
  • and 1.3% lower than the average price for Shanklin as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 4 June 2022, the property was recorded as owner-occupied.

View sold house prices in PO37 7ND

Building approximate location

About Property

Type
Detached Bungalow
Built
1967-1975
Interior Size
829 sq ft
Tenure
Freehold
Price (estimate)
£296,436
Price Per sq ft (estimate)
£358
Bedroom Count (estimate)
2 bedrooms

EPC Summary

56 Silver Trees, Shanklin, Isle Of Wight, PO37 7ND has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Jun 2022.

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 4 Jun 2022, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 4.5%.

Since the previous assessment, several changes were observed:

  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, filled cavity, improving energy efficiency from poor to average.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, 150 mm loft insulation
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO37 7ND

4 th / 60
Price Rank
5% higher than average
30 th / 49
Size Rank
6% smaller than average
4 th / 49
Price Per Sq FT Rank
12% higher than average

Compared to other properties in PO37 7ND , this bungalow's estimated value ranks 4th out of 60. Based on price per square foot, it ranks 4th out of 49 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 30th out of 49 properties in its postcode area.

Sale History

Today
£296,436
streetscan.co.uk estimate
-1 %
22 Nov 2024
£300,000
Leasehold
+79.6 %
21 Jun 2013
£167,000
Leasehold
+125.7 %
27 Jun 1997
£74,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 797 sq ft
sale price: £269,000
sale date: 24 May 2023
rooms: 4
size: 936 sq ft
sale price: £293,000
sale date: 4 Jul 2022
rooms: 4
size: 753 sq ft
sale price: £217,000
sale date: 26 Mar 2021
rooms: 4
size: 915 sq ft
sale price: £224,500
sale date: 14 Dec 2018
rooms: 4
size: 775 sq ft
sale price: £220,000
sale date: 12 Oct 2018

Data Sources

The property at 56 Silver Trees, Shanklin, PO37 7ND appears three times in the Land Registry records, with the latest transaction recorded on 22 Nov 2024. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Jun 2022. 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.