Flat A, 1 Garfield Road, Shanklin, PO37 7LX is a leasehold other property built between 1930-1949. The property offers approximately 635 square feet of living space. In this location, properties of similar size usually have one bedroom.

The estimated current market value of the property is £91,300 , which equates to approximately £144 per square foot. It was last sold on 17 Jan 2023 for £100,000. Since then, the value has decreased by £8,700, representing a 8.7% decrease, or approximately 3.0% per year.

The current estimated value of £91,300 is:

  • 62.5% lower than the average property price on Garfield Road
  • 62.8% lower than the average in the PO37 7LX postcode area
  • and 69.6% lower 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 28 July 2022, the property was recorded as owner-occupied.

View sold house prices in PO37 7LX

Building approximate location

About Property

Type
Flat
Built
1930-1949
Interior Size
635 sq ft
Tenure
Leasehold
Price (estimate)
£91,300
Price Per sq ft (estimate)
£144
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat A, 1 Garfield Road, Shanklin, Isle Of Wight, PO37 7LX has an Energy Performance Certificate (EPC) rating of F, based on the latest assessment carried out on 28 Jul 2022.

The windows are fully double glazed.

The previous EPC assessment was conducted on 23 Sep 2010, when the property was rated C. The current rating of F reflects a decline in energy efficiency of 66.2%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, mains gas to no system present: electric heaters assumed, changing energy efficiency from very good to very poor.
  • The hot water system was changed from from main system to no system present: electric immersion assumed, with its energy efficiency changing from very good to very poor.
  • The roof construction or insulation changed from flat, limited insulation (assumed) to (another dwelling above), changing energy efficiency from poor to n/a.
  • The wall construction or insulation changed from cavity wall, as built, partial insulation (assumed) to cavity wall, as built, no insulation (assumed), changing energy efficiency from average to poor.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 38% of fixed outlets, with efficiency changing from good to average.
Heating Type
No system present: electric heaters assumed
Very Poor
Hot Water
No system present: electric immersion assumed
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 38% of fixed outlets
Average

Compared to PO37 7LX

16 th / 19
Price Rank
63% lower than average
12 th / 14
Size Rank
36% smaller than average
13 th / 14
Price Per Sq FT Rank
42% lower than average

Compared to other properties in PO37 7LX , this flat's estimated value ranks 16th out of 19. Based on price per square foot, it ranks 13th out of 14 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 14 properties in its postcode area.

Sale History

Today
£91,300
streetscan.co.uk estimate
-9 %
17 Jan 2023
£100,000
Leasehold
+17.6 %
15 Jul 2003
£85,000
Leasehold

Area Insights

Nearby Properties

rooms: 3
size: 570 sq ft
sale price: £80,000
sale date: 4 Aug 2017
rooms: 2
size: 413 sq ft
sale price: £74,000
sale date: 15 Oct 2009
rooms: 6
size: 1152 sq ft
sale price: £220,000
sale date: 9 May 2016
rooms: 4
size: 990 sq ft
sale price: £154,000
sale date: 8 Aug 2003
rooms: 4
size: 1270 sq ft
sale price: £235,000
sale date: 14 Sep 2018

Data Sources

The property at Flat A, 1 Garfield Road, Shanklin, PO37 7LX appears two times in the Land Registry records, with the latest transaction recorded on 17 Jan 2023. It also has three Energy Performance Certificates (EPC) entries, the earliest dating back to 28 Jul 2022. 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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