Flat 2, 16 Prospect Road, Shanklin, PO37 6AE is a leasehold flat The property offers approximately 568 square feet of living space and is situated on the 1st floor of a 2-storey building. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £94,263 , which equates to approximately £165 per square foot. It was last sold on 30 Jul 2010 for £70,000. Since then, the value has increased by £24,263, representing a 34.7% increase, or approximately 2.3% per year.

The current estimated value of £94,263 is:

  • 54.8% lower than the average property price on Prospect Road
  • 56.5% lower than the average in the PO37 6AE postcode area
  • and 68.6% lower than the average price for Shanklin as a whole

At the most recent EPC inspection on 6 November 2009, the property was recorded as owner-occupied.

View sold house prices in PO37 6AE

Building approximate location

About Property

Type
Flat
Built
Interior Size
568 sq ft
Tenure
Leasehold
Floor level
1st floor of 2
Price (estimate)
£94,263
Price Per sq ft (estimate)
£165
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, 16 Prospect Road, Shanklin, Isle Of Wight, PO37 6AE has an Energy Performance Certificate (EPC) rating of G, based on the latest assessment carried out on 6 Nov 2009.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 5 Nov 2008, when the property was rated F. The current rating of G reflects a decline in energy efficiency of 44.1%.

Since the previous assessment, several changes were observed:

  • The hot water energy efficiency improving from very poor to poor, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from cavity wall, with internal insulation to granite or whin, as built, no insulation (assumed), changing energy efficiency from good to very poor.
  • The lighting was changed from low energy lighting in 83% of fixed outlets to low energy lighting in all fixed outlets, with no change in efficiency (very good).
Heating Type
Electric storage heaters
Poor
Hot Water
Electric immersion, off-peak
Poor
Roof
Pitched, no insulation (assumed)
Very Poor
Walls
Granite or whin, as built, no insulation (assumed)
Very Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO37 6AE

27 th / 28
Price Rank
57% lower than average
10 th / 13
Size Rank
39% smaller than average
12 th / 13
Price Per Sq FT Rank
29% lower than average

Compared to other properties in PO37 6AE , this flat's estimated value ranks 27th out of 28. Based on price per square foot, it ranks 12th out of 13 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 10th out of 13 properties in its postcode area.

Sale History

Today
£94,263
streetscan.co.uk estimate
+35 %
30 Jul 2010
£70,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 4
size: 581 sq ft
sale price: £136,000
sale date: 4 Mar 2022
rooms: 2
size: 527 sq ft
sale price: £55,000
sale date: 13 Jul 2018
rooms: 3
size: 646 sq ft
sale price: £35,000
sale date: 11 Jun 1999
rooms: 3
size: 517 sq ft
sale price: £215,000
sale date: 23 Aug 2024
rooms: 2
size: 581 sq ft
sale price: £92,500
sale date: 6 May 2014

Data Sources

The property at Flat 2, 16 Prospect Road, Shanklin, Isle Of Wight, PO37 6AE appears once in the Land Registry records, with the transaction recorded on 30 Jul 2010. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 6 Nov 2009. 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.