Flat 7, Furbank Lodge, 13 Wilton Park Road, Shanklin, PO37 7BT is a leasehold flat built between 1983-1990. 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 £129,247 , which equates to approximately £188 per square foot. It was last sold on 26 Mar 2021 for £125,000. Since then, the value has increased by £4,247, representing a 3.4% increase, or approximately 0.7% per year.

The current estimated value of £129,247 is:

  • 51.5% lower than the average property price on Wilton Park Road
  • 56.2% lower than the average in the PO37 7BT postcode area
  • and 57.0% lower than the average price for Shanklin as a whole

View sold house prices in PO37 7BT

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
689 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£129,247
Price Per sq ft (estimate)
£188
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 7, Furbank Lodge, 13 Wilton Park Road, Shanklin, Isle Of Wight, PO37 7BT has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 4 Mar 2019.

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 26 Mar 2009. The rating of C is unchanged, though the energy efficiency score decreased by 5%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency changing from very good to good, while the heating system type remained the same (boiler and radiators, mains gas).
  • The hot water energy efficiency changing from very good to good, while the system remained as from main system.
  • The roof construction or insulation changed from pitched, 100 mm loft insulation to pitched, insulated (assumed), with no change in energy efficiency (average).
  • The lighting was changed from low energy lighting in 50% of fixed outlets to low energy lighting in 67% of fixed outlets, with no change in efficiency (good).
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Roof
Pitched, insulated (assumed)
Average
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 67% of fixed outlets
Good

Compared to PO37 7BT

26 th / 26
Price Rank
56% lower than average
12 th / 17
Size Rank
43% smaller than average
16 th / 17
Price Per Sq FT Rank
23% lower than average

Compared to other properties in PO37 7BT , this flat's estimated value ranks 26th out of 26. Based on price per square foot, it ranks 16th out of 17 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 12th out of 17 properties in its postcode area.

Sale History

Today
£129,247
streetscan.co.uk estimate
+3 %
26 Mar 2021
£125,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 603 sq ft
sale price: £115,000
sale date: 28 Jun 2013
rooms: 3
size: 604 sq ft
sale price: £109,500
sale date: 11 Sep 2009
rooms: 3
size: 624 sq ft
sale price: £135,000
sale date: 24 Nov 2006
rooms: 3
size: 624 sq ft
sale price: £116,000
sale date: 15 Sep 2005
rooms: 3
size: 678 sq ft
sale price: £124,000
sale date: 11 Dec 2017

Data Sources

The property at Flat 7, Furbank Lodge, 13 Wilton Park Road, Shanklin, Isle Of Wight, PO37 7BT appears once in the Land Registry records, with the transaction recorded on 26 Mar 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 4 Mar 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.


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