Flat 1, Shanklin Towers Prospect Road, Shanklin, PO37 6AD is a leasehold flat built between 1976-1982. The property offers approximately 861 square feet of living space. In this location, apartments of similar size usually have three bedrooms.

The estimated current market value of the property is £211,063 , which equates to approximately £245 per square foot. It was last sold on 18 May 2017 for £175,000. Since then, the value has increased by £36,063, representing a 20.6% increase, or approximately 2.4% per year.

The current estimated value of £211,063 is:

  • 1.2% higher than the average property price on Prospect Road
  • 1.7% higher than the average in the PO37 6AD postcode area
  • and 29.7% lower than the average price for Shanklin as a whole

At the most recent EPC inspection on 27 September 2016, the property was recorded as owner-occupied.

View sold house prices in PO37 6AD

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
861 sq ft
Tenure
Leasehold
Price (estimate)
£211,063
Price Per sq ft (estimate)
£245
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 1, Shanklin Towers Prospect Road, Shanklin, Isle Of Wight, PO37 6AD has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 27 Sep 2016.

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 the main heating system, though the cylinder has no thermostat. The windows are fully double glazed.

Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system, no cylinder thermostat
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to PO37 6AD

12 th / 37
Price Rank
2% higher than average
4 th / 25
Size Rank
19% bigger than average
20 th / 25
Price Per Sq FT Rank
15% lower than average

Compared to other properties in PO37 6AD , this flat's estimated value ranks 12th out of 37. Based on price per square foot, it ranks 20th out of 25 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 4th out of 25 properties in its postcode area.

Sale History

Today
£211,063
streetscan.co.uk estimate
+21 %
18 May 2017
£175,000
Leasehold
+264.6 %
12 Jun 1996
£48,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 861 sq ft
sale price: £249,950
sale date: 26 Apr 2024
rooms: 4
size: 743 sq ft
sale price: £200,000
sale date: 3 Nov 2023
rooms: 3
size: 797 sq ft
sale price: £234,500
sale date: 13 Oct 2023
rooms: 4
size: 807 sq ft
sale price: £225,000
sale date: 31 Mar 2023
rooms: 3
size: 764 sq ft
sale price: £240,000
sale date: 4 Jan 2023

Data Sources

The property at Flat 1, Shanklin Towers Prospect Road, Shanklin, PO37 6AD appears two times in the Land Registry records, with the latest transaction recorded on 18 May 2017. It also has a single Energy Performance Certificate (EPC) from 27 Sep 2016. 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.