2, Park Rise
2, Park Rise
Description & Estimates
The public record lists 2, Park Rise, Sandown as a freehold house sitting on a 511 m2 plot.
Comparison with its neighbours suggests a modern house with 1,715 ft2 of internal area and a garden.
In this area, houses of this size normally have 4 bedrooms.
2, Park Rise, Sandown has an estimated sale value of £446,725 and an estimated rental value of £1,552 per month, assuming reasonable condition and based on the information available.
Park Rise, Sandown, PO36 lies within the PO36 postal district.
Our Data Sources
2, Park Rise, Sandown has a single entry in the Land Registry from January 2007 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 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 2, Park Rise, Sandown would be worth £469,061, with a potential rental value of £1,629 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £415,454, with a rental value of £1,443 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 2, Park Rise, Sandown has decreased by £19,271 (4.3%) over the last year. During the same period, its estimated monthly rental value has grown by £59 (3.8%). The property's estimated gross yield is currently 4.2%.
Plot Size
2, Park Rise, Sandown occupies a 511 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 14 have recorded plot sizes, and this one ranks as the 3rd largest.
Sold Prices
2, Park Rise, Sandown last changed hands on 17th January 2007, selling for £395,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 38.1% since January 2007.
- Sold Jan 2007£395,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 580 metres of 2, Park Rise, Sandown across the last 2 years.
Most recently, 9, Park Rise, Sandown, PO36 9FJ, a freehold house, sold at £365,000 on the 8th March 2019.
Read more about house prices in PO36.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 2, Park Rise, Sandown as the 7th largest and the 5th most expensive of the 15 addresses on Park Rise, Sandown, PO36.
Against the PO36 postcode district average, it is £188k more expensive than the typical property.
More reading links
Schools Nearby
- 1.2kmBroadlea Primary School
- 1.9kmGatten and Lake Primary School
- 3.1kmBrading Church of England Controlled Primary School
- 7.2kmThe Island Free School
- 7.7kmLift Ryde
- 10.6kmMedina College
More reading links
Public Transport Nearby
Sandown station is the nearest stop to 2, Park Rise, Sandown at 200 metres away.
- 200mSandown
- 1.0kmLake
- 2.6kmShanklin
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
