12, Fairmead Close
12, Fairmead Close
Description & Estimates
12, Fairmead Close, Sandown is recorded publicly as a mid-century leasehold apartment across 559 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 12, Fairmead Close, Sandown is £124,483 and its rental estimate is £768 per month, given the available information and assuming reasonable condition.
Fairmead Close, Sandown, PO36 falls within the PO36 postal district.
Our Data Sources
12, Fairmead Close, Sandown has 21 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated July 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Fairmead Close, Sandown, we estimate a market value of £130,707 and a rental value of £806 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £115,769 and £714 per month respectively.
Recent Market Change
Over the last year, 12, Fairmead Close, Sandown has seen its estimated sale value move down by £6,321 (5.1%) and its estimated rental value increase by £23 per month (3.0%). This results in an estimated gross rental yield of 7.4%.
Energy Efficiency
12, Fairmead Close, Sandown has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 16 Jul 2020.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Room heaters, electric.
Sold Prices
The most recent sale of 12, Fairmead Close, Sandown completed on 30th July 2021 at £120,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 0.4% over the period since July 2021.
- Sold Jul 2021£120,000
- Sold Mar 2004£75,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Fairmead Close, Sandown have sold within a radius of 660 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th March 2025, was 9, Fairmead Close, Sandown, PO36 9HH, a leasehold flat which sold for £100,000.
Read more about house prices in PO36.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 19 addresses on Fairmead Close, Sandown, PO36, 12, Fairmead Close, Sandown comes out as the 13th largest and the 15th most expensive in our analysis of the public data.
It is also £134k less expensive than the average property across the PO36 district.
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Schools Nearby
- 700mBroadlea Primary School
- 1.5kmGatten and Lake Primary School
- 2.7kmSt Blasius Shanklin CofE Primary Academy
- 6.8kmThe Island Free School
- 7.9kmLift Ryde
- 10.4kmMedina College
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Public Transport Nearby
From 12, Fairmead Close, Sandown, the nearest station is Sandown, 600 metres away.
- 600mSandown
- 700mLake
- 2.2kmShanklin
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
