2, Lark Rise
2, Lark Rise
Description & Estimates
2, Lark Rise, Shanklin is described in the public record as a modern house with 785 ft2 of internal area, sitting on a 500 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Lark Rise, Shanklin is £331,502 and its rental estimate is £1,206 per month, given the available information and assuming reasonable condition.
Lark Rise, Shanklin, PO37 falls within the PO37 postal district.
Our Data Sources
2, Lark Rise, Shanklin has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2024.
We combine this information with public data 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 2, Lark Rise, Shanklin, we estimate a market value of £348,078 and a rental value of £1,266 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £308,297 and £1,121 per month respectively.
Recent Market Change
Over the last year, 2, Lark Rise, Shanklin has seen its estimated sale value fall by £9,310 (2.8%) and its estimated rental value move up by £65 per month (5.4%). This results in an estimated gross rental yield of 4.4%.
Plot Size
HM Land Registry records the plot of land for 2, Lark Rise, Shanklin as measuring 500 m2.
That makes it the 3rd largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
2, Lark Rise, Shanklin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 05 Feb 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Lark Rise, Shanklin completed on 11th October 1996 at £77,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Oct 1996£77,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Lark Rise, Shanklin have sold within a radius of 820 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 4th October 2024, was 39, Downland View, Shanklin, PO37 7EH, a freehold house which sold for £350,000.
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 6 addresses on Lark Rise, Shanklin, PO37, 2, Lark Rise, Shanklin comes out as the 4th largest and the 4th most expensive in our analysis of the public data.
It is also £73k more expensive than the average property across the PO37 district.
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Schools Nearby
- 600mBroadlea Primary School
- 600mGatten and Lake Primary School
- 1.5kmSt Blasius Shanklin CofE Primary Academy
- 5.5kmThe Island Free School
- 8.9kmLift Ryde
- 10.5kmMedina College
More reading links
Public Transport Nearby
From 2, Lark Rise, Shanklin, the nearest station is Lake, 1.0 kilometres away.
- 1.0kmLake
- 1.0kmShanklin
- 1.9kmSandown
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
