Flat 7, Ashcombe Court, 40 Victoria Avenue, Shanklin, PO37 6LS is a leasehold flat built before 1900. The property offers approximately 689 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £120,132 , which equates to approximately £174 per square foot. It was last sold on 8 Aug 2022 for £130,000. Since then, the value has decreased by £9,868, representing a 7.6% decrease, or approximately 2.3% per year.

The current estimated value of £120,132 is:

  • 57.1% lower than the average property price on Victoria Avenue
  • 46.4% lower than the average in the PO37 6LS postcode area
  • and 60.0% lower than the average price for Shanklin as a whole

View sold house prices in PO37 6LS

Building approximate location

About Property

Type
Flat
Built
before 1900
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£120,132
Price Per sq ft (estimate)
£174
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 7, Ashcombe Court, 40 Victoria Avenue, Shanklin, Isle Of Wight, PO37 6LS has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 21 Feb 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 single glazed.

The previous EPC assessment was conducted on 26 Mar 2009, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 31.4%.

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 hot water energy efficiency improving from very poor to average, while the system remained as electric immersion, off-peak.
  • The wall construction or insulation changed from solid brick, as built, no insulation (assumed) to sandstone or limestone, as built, no insulation (assumed), with no change in energy efficiency (very poor).
  • The lighting was updated from low energy lighting in 66% of fixed outlets to low energy lighting in all fixed outlets, with efficiency improving from good to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Average
Roof
Pitched, 200 mm loft insulation
Good
Walls
Sandstone or limestone, as built, no insulation (assumed)
Very Poor
Windows
Single glazed
Very Poor
Lighting
Low energy lighting in all fixed outlets
Very Good

Compared to PO37 6LS

44 th / 51
Price Rank
46% lower than average
25 th / 39
Size Rank
30% smaller than average
36 th / 39
Price Per Sq FT Rank
24% lower than average

Compared to other properties in PO37 6LS , this flat's estimated value ranks 44th out of 51. Based on price per square foot, it ranks 36th out of 39 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 25th out of 39 properties in its postcode area.

Sale History

Today
£120,132
streetscan.co.uk estimate
-8 %
8 Aug 2022
£130,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 646 sq ft
sale price: £146,000
sale date: 3 Jul 2024
rooms: 3
size: 775 sq ft
sale price: £150,000
sale date: 11 Aug 2023
rooms: 3
size: 646 sq ft
sale price: £159,000
sale date: 28 Jan 2022
rooms: 3
size: 753 sq ft
sale price: £125,000
sale date: 17 Sep 2021
rooms: 3
size: 721 sq ft
sale price: £158,500
sale date: 2 Jun 2021

Data Sources

The property at Flat 7, Ashcombe Court, 40 Victoria Avenue, Shanklin, Isle Of Wight, PO37 6LS appears once in the Land Registry records, with the transaction recorded on 8 Aug 2022. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 21 Feb 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.