15, Fir Tree Close
15, Fir Tree Close
Description & Estimates
15, Fir Tree Close, Shanklin is recorded publicly as a mid-century freehold house across 850 ft2 of internal area, sitting on a 416 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 15, Fir Tree Close, Shanklin is £301,285 and its rental estimate is £1,292 per month, given the available information and assuming reasonable condition.
Fir Tree Close, Shanklin, PO37 falls within the PO37 postal district.
Our Data Sources
15, Fir Tree Close, Shanklin has a single entry in the Land Registry from September 2021 and a single entry in the EPC database dated July 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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 15, Fir Tree Close, Shanklin, we estimate a market value of £316,349 and a rental value of £1,357 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £280,195 and £1,202 per month respectively.
Recent Market Change
Over the last year, 15, Fir Tree Close, Shanklin has seen its estimated sale value decline by £8,461 (2.8%) and its estimated rental value climb by £69 per month (5.4%). This results in an estimated gross rental yield of 5.1%.
Plot Size
HM Land Registry records the plot of land for 15, Fir Tree Close, Shanklin as measuring 416 m2.
That makes it the 22nd largest plot in the postcode, where all 31 other houses have recorded plot data.
Energy Efficiency
15, Fir Tree Close, Shanklin has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 05 Jul 2021.
The property is connected to mains gas and has single glazed windows. It is heated using Room heaters, mains gas.
Sold Prices
The most recent sale of 15, Fir Tree Close, Shanklin completed on 24th September 2021 at £240,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 5.9% over the period since September 2021.
- Sold Sep 2021£240,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 15, Fir Tree Close, Shanklin have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th September 2024, was 23, Fir Tree Close, Shanklin, PO37 7EX, a freehold house which sold for £250,500.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 31 addresses on Fir Tree Close, Shanklin, PO37, 15, Fir Tree Close, Shanklin comes out as the 15th largest and the 14th most expensive in our analysis of the public data.
It is also £43k more expensive than the average property across the PO37 district.
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Schools Nearby
- 300mGatten and Lake Primary School
- 600mBroadlea Primary School
- 1.5kmSt Blasius Shanklin CofE Primary Academy
- 5.6kmThe Island Free School
- 9.0kmLift Ryde
- 10.9kmMedina College
More reading links
Public Transport Nearby
From 15, Fir Tree Close, Shanklin, the nearest station is Lake, 700 metres away.
- 700mLake
- 1.0kmShanklin
- 1.8kmSandown
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.
