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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 16, Rushclose, Shanklin is a freehold house.
By comparing it to neighbours, we estimate that it is a modern house with 1,507 ft2 of internal area and sits on a 481 m2 plot and a garden.
Houses of this size in this area normally have 4 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 16, Rushclose, Shanklin is £505,316 and the estimated rental value is £1,531 per month.
Rushclose, Shanklin, PO37 is located within the PO37 postal district.
16, Rushclose, Shanklin has 2 entries in the Land Registry , most recently in August 2013 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 16, Rushclose, Shanklin is in very good condition we estimate a sale value of £530,582 and a rental value of £1,608 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £469,944 and a rental value of £1,424 per month.
Over the last 12 months the sale value of 16 Rushclose Shanklin has decreased by an estimated £20,541 (4.1%) and its rental value has increased by an estimated £64 per month (4.2%), giving an expected gross yield of 3.6%.
According to data from HM Land Registry, 16, Rushclose, Shanklin sits on a plot of 481m2.
We have plot size data on 21 out of 21 other houses in the postcode and 16, Rushclose, Shanklin sits on the 17th largest plot.
According to HM Land Registry, 16, Rushclose, Shanklin was last sold on 20th August 2013 for £400,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2013, the market for similar properties has risen 31.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 16, Rushclose, Shanklin within a radius of 1.2 kilometres over the last 2 years.
The most recent example is 2, Worsley View, Shanklin, PO37 6FL, a freehold house which sold for £409,500 on the 28th August 2019.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Rushclose, Shanklin, PO37 has a total of 21 addresses. According to our analysis of all the public data, 16, Rushclose, Shanklin is the 19th largest and the 18th most expensive property on the street.
When compared to the postcode district it is £247k more expensive than the average property in PO37.
The closest station to 16, Rushclose, Shanklin is Shanklin station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 16, Rushclose, Shanklin, 52.7% of property is privately owned outright and 31.5% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 16, Rushclose, Shanklin, 13.6% of residents are recorded as possessing school level qualifications and 31.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 16, Rushclose, Shanklin, the average age was 51.2 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 16, Rushclose, Shanklin, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 16, Rushclose, Shanklin, there are an average of 1.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.
