Flat 8, Savoy Court, 7 Chine Avenue, Shanklin, PO37 6AL is a leasehold flat built between 1983-1990. The property offers approximately 829 square feet of living space. In this location, apartments of similar size usually have two bedrooms.

The estimated current market value of the property is £315,033 , which equates to approximately £380 per square foot. It was last sold on 23 Oct 2017 for £265,000. Since then, the value has increased by £50,033, representing a 18.9% increase, or approximately 2.3% per year.

The current estimated value of £315,033 is:

  • 17.7% lower than the average property price on Chine Avenue
  • 14.8% higher than the average in the PO37 6AL postcode area
  • and 4.9% higher 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 14 January 2023, the property was recorded as owner-occupied.

View sold house prices in PO37 6AL

Building approximate location

About Property

Type
Flat
Built
1983-1990
Interior Size
829 sq ft
Tenure
Leasehold
Price (estimate)
£315,033
Price Per sq ft (estimate)
£380
Bedroom Count (estimate)
2 bedrooms

EPC Summary

Flat 8, Savoy Court, 7 Chine Avenue, Shanklin, Isle Of Wight, PO37 6AL has an Energy Performance Certificate (EPC) rating of D, based on the latest assessment carried out on 14 Jan 2023.

This property uses an electric boiler with radiators 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 19 Aug 2011, when the property was rated E. Since then, the rating has improved to D, with the energy efficiency score increasing by 25%.

Since the previous assessment, several changes were observed:

  • The hot water system was changed from from main system to electric immersion, off-peak, with its energy efficiency improving from very poor to poor.
  • The lighting was updated from low energy lighting in 33% of fixed outlets to low energy lighting in 56% of fixed outlets, with efficiency improving from average to good.
Heating Type
Boiler and radiators, electric
Very Poor
Hot Water
Electric immersion, off-peak
Poor
Walls
Cavity wall, as built, insulated (assumed)
Good
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 56% of fixed outlets
Good

Compared to PO37 6AL

5 th / 27
Price Rank
15% higher than average
12 th / 21
Size Rank
2% bigger than average
6 th / 21
Price Per Sq FT Rank
12% higher than average

Compared to other properties in PO37 6AL , this flat's estimated value ranks 5th out of 27. Based on price per square foot, it ranks 6th out of 21 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 12th out of 21 properties in its postcode area.

Sale History

Today
£315,033
streetscan.co.uk estimate
+19 %
23 Oct 2017
£265,000
Leasehold
+8.2 %
27 Jul 2012
£245,000
Leasehold
+1 %
31 Jul 2007
£242,500
Leasehold
+10.2 %
9 Jun 2006
£220,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 753 sq ft
sale price: £192,000
sale date: 22 Mar 2021
rooms: 3
size: 840 sq ft
sale price: £220,000
sale date: 8 Oct 2019
rooms: 3
size: 764 sq ft
sale price: £170,000
sale date: 3 Sep 2018
rooms: 4
size: 936 sq ft
sale price: £245,000
sale date: 29 Aug 2017
rooms: 4
size: 829 sq ft
sale price: £247,000
sale date: 23 Jun 2017

Data Sources

The property at Flat 8, Savoy Court, 7 Chine Avenue, Shanklin, PO37 6AL appears four times in the Land Registry records, with the latest transaction recorded on 23 Oct 2017. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 14 Jan 2023. 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.