Apartment 2, The Bay House, 8 Chine Avenue, Shanklin, PO37 6AG is a leasehold flat built in 2020. The property offers approximately 1,302 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have four bedrooms.

The estimated current market value of the property is £405,178 , which equates to approximately £311 per square foot. It was last sold on 9 Dec 2022 for £450,000. Since then, the value has decreased by £44,822, representing a 10.0% decrease, or approximately 3.3% per year.

The current estimated value of £405,178 is:

  • 5.9% higher than the average property price on Chine Avenue
  • 28.1% lower than the average in the PO37 6AG postcode area
  • and 34.9% higher than the average price for Shanklin as a whole

View sold house prices in PO37 6AG

Building approximate location

About Property

Type
Flat
Built
2020
Interior Size
1302 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£405,178
Price Per sq ft (estimate)
£311
Bedroom Count (estimate)
4 bedrooms

EPC Summary

Apartment 2, The Bay House, 8 Chine Avenue, Shanklin, Isle Of Wight, PO37 6AG has an Energy Performance Certificate (EPC) rating of B, based on the latest assessment carried out on 12 May 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 high performance glazing.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Floor
Average thermal transmittance 0.10 W/m-¦K
Very Good
Walls
Average thermal transmittance 0.19 W/m-¦K
Very Good
Windows
High performance glazing
Very Good
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO37 6AG

8 th / 12
Price Rank
28% lower than average
2 nd / 9
Size Rank
3% smaller than average
9 th / 9
Price Per Sq FT Rank
26% lower than average

Compared to other properties in PO37 6AG , this flat's estimated value ranks 8th out of 12. Based on price per square foot, it ranks 9th out of 9 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 2nd out of 9 properties in its postcode area.

Sale History

Today
£405,178
streetscan.co.uk estimate
-10 %
9 Dec 2022
£450,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms:
size: 1292 sq ft
sale price: £465,000
sale date: 30 Nov 2022
rooms: 3
size: 1130 sq ft
sale price: £740,000
sale date: 8 Jun 2022
rooms:
size: 1130 sq ft
sale price: £500,000
sale date: 1 Jun 2022
rooms:
size: 1119 sq ft
sale price: £400,000
sale date: 25 Mar 2022
rooms: 3
size: 1367 sq ft
sale price: £595,000
sale date: 22 Oct 2021

Data Sources

The property at Apartment 2, The Bay House, 8 Chine Avenue, Shanklin, Isle Of Wight, PO37 6AG appears once in the Land Registry records, with the transaction recorded on 9 Dec 2022. It also has a single Energy Performance Certificate (EPC) from 12 May 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.