Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
Be the first Estate
Agent here!
The public record describes 2, Josephs Way, Shanklin as a mid-century apartment with 731 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
2, Josephs Way, Shanklin has an estimated sale value of £107,660 and an estimated rental value of £739 per month, assuming reasonable condition and based on the information available.
Josephs Way, Shanklin, PO37 lies within the PO37 postal district.
2, Josephs Way, Shanklin has no records in the the Land Registry and a single entry in the EPC database dated January 2022.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
In very good condition, we estimate 2, Josephs Way, Shanklin would be worth £113,043, with a potential rental value of £776 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £100,124, with a rental value of £687 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 2, Josephs Way, Shanklin has fallen by £5,467 (5.1%) over the last year. During the same period, its estimated monthly rental value has moved up by £22 (3.0%). The property's estimated gross yield is currently 8.2%.
2, Josephs Way, Shanklin has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 21 Jan 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 630 metres of 2, Josephs Way, Shanklin across the last 2 years.
Most recently, 106A, Regent Street, Shanklin, PO37 7AP, a leasehold flat, sold at £118,000 on the 26th April 2024.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 2, Josephs Way, Shanklin as the 14th largest and the 14th most expensive of the 42 addresses on Josephs Way, Shanklin, PO37.
Against the PO37 postcode district average, it is £151k less expensive than the typical property.
Shanklin station is the nearest stop to 2, Josephs Way, Shanklin at 500 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Josephs Way, Shanklin, 39.0% of property is privately owned outright and 26.8% is socially rented.
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 2, Josephs Way, Shanklin, 22.0% of residents are recorded as possessing school level qualifications and 24.4% 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 2, Josephs Way, 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 2, Josephs Way, 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 2, Josephs Way, Shanklin, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.
