Flat 12, Shanklin Towers Prospect Road, Shanklin, PO37 6AD is a leasehold flat built between 1991-1995. 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 £196,814 , which equates to approximately £229 per square foot. It was last sold on 2 Nov 2020 for £180,000. Since then, the value has increased by £16,814, representing a 9.3% increase, or approximately 1.8% per year.

The current estimated value of £196,814 is:

  • 5.7% lower than the average property price on Prospect Road
  • 5.2% lower than the average in the PO37 6AD postcode area
  • and 34.5% 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 30 June 2020, the property was recorded as owner-occupied.

View sold house prices in PO37 6AD

Building approximate location

About Property

Type
Flat
Built
1991-1995
Interior Size
861 sq ft
Tenure
Leasehold
Price (estimate)
£196,814
Price Per sq ft (estimate)
£229
Bedroom Count (estimate)
3 bedrooms

EPC Summary

Flat 12, Shanklin Towers Prospect Road, Shanklin, Isle Of Wight, PO37 6AD has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 30 Jun 2020.

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 2 May 2009, when the property was rated D. Since then, the rating has improved to C, with the energy efficiency score increasing by 13.6%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from average to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency improving from average to good, while the system remained as from main system.
  • The lighting was updated from no low energy lighting to low energy lighting in 78% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 78% of fixed outlets
Very Good

Compared to PO37 6AD

24 th / 37
Price Rank
5% lower than average
3 rd / 25
Size Rank
19% bigger than average
24 th / 25
Price Per Sq FT Rank
20% lower than average

Compared to other properties in PO37 6AD , this flat's estimated value ranks 24th out of 37. Based on price per square foot, it ranks 24th 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 3rd out of 25 properties in its postcode area.

Sale History

Today
£196,814
streetscan.co.uk estimate
+9 %
2 Nov 2020
£180,000
Leasehold
+13.2 %
16 Feb 2018
£159,000
Leasehold
+6 %
22 May 2009
£150,000
Leasehold
-8.5 %
27 Apr 2007
£164,000
Leasehold
+56.2 %
26 Sep 2002
£105,000
Leasehold
+44.8 %
19 Jul 2000
£72,500
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 12, Shanklin Towers Prospect Road, Shanklin, PO37 6AD appears six times in the Land Registry records, with the latest transaction recorded on 2 Nov 2020. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jun 2020. 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.