Flat 5, 2 Salem Road, Shanklin, PO37 6PE is a leasehold flat built between 1967-1975. The property offers approximately 538 square feet of living space and is situated on the 2nd floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £152,167 , which equates to approximately £283 per square foot. It was last sold on 17 Jan 2003 for £82,000. Since then, the value has increased by £70,167, representing a 85.6% increase, or approximately 3.7% per year.

The current estimated value of £152,167 is:

  • 24.9% lower than the average property price on Salem Road
  • 23.2% lower than the average in the PO37 6PE postcode area
  • and 49.3% lower than the average price for Shanklin as a whole

View sold house prices in PO37 6PE

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
538 sq ft
Tenure
Leasehold
Floor level
2nd floor
Price (estimate)
£152,167
Price Per sq ft (estimate)
£283
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 5, 2 Salem Road, Shanklin, Isle Of Wight, PO37 6PE has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 24 Oct 2019.

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 22 Oct 2009, when the property was rated F. Since then, the rating has improved to D, with the energy efficiency score increasing by 73.5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The roof construction or insulation changed from flat, limited insulation (assumed) to flat, limited insulation, improving energy efficiency from very poor to poor.
  • 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.
  • The lighting was updated from no low energy lighting to low energy lighting in 67% of fixed outlets, with efficiency improving from very poor to good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Flat, limited insulation
Poor
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to PO37 6PE

14 th / 19
Price Rank
23% lower than average
10 th / 10
Size Rank
17% smaller than average
7 th / 10
Price Per Sq FT Rank
8% lower than average

Compared to other properties in PO37 6PE , this flat's estimated value ranks 14th out of 19. Based on price per square foot, it ranks 7th out of 10 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 10 properties in its postcode area.

Sale History

Today
£152,167
streetscan.co.uk estimate
+86 %
17 Jan 2003
£82,000
Leasehold
+36.7 %
21 Mar 2002
£60,000
Leasehold

Area Insights

Similar Properties Sold Nearby

6 Salem Road, Shanklin, PO37 6PE
rooms: 3
size: 581 sq ft
sale price: £125,000
sale date: 21 Oct 2011

Data Sources

The property at Flat 5, 2 Salem Road, Shanklin, PO37 6PE appears two times in the Land Registry records, with the latest transaction recorded on 17 Jan 2003. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 24 Oct 2019. 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.
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