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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, 2, Springfield Close, Shanklin is a modern freehold house with 990 ft2 of internal area and sits on a 386 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Springfield Close, Shanklin is £386,348 and the estimated rental value is £1,312 per month.
Springfield Close, Shanklin, PO37 is located within the PO37 postal district.
2, Springfield Close, Shanklin has a single entry in the Land Registry from January 2014 and a single entry in the EPC database dated January 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 2, Springfield Close, Shanklin is in very good condition we estimate a sale value of £405,666 and a rental value of £1,377 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £359,304 and a rental value of £1,220 per month.
Over the last 12 months the sale value of 2 Springfield Close Shanklin has decreased by an estimated £12,433 (3.2%) and its rental value has increased by an estimated £68 per month (5.2%), giving an expected gross yield of 4.1%.
According to data from HM Land Registry, 2, Springfield Close, Shanklin sits on a plot of 386m2.
We have plot size data on 7 out of 7 other houses in the postcode and 2, Springfield Close, Shanklin sits on the 3rd largest plot.
2, Springfield Close, Shanklin has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 16 Jan 2014.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 2, Springfield Close, Shanklin was last sold on 21st January 2014 for £250,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since January 2014, the market for similar properties has risen 29.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Springfield Close, Shanklin within a radius of 870 metres over the last 2 years.
The most recent example is 5, Springfield Close, Shanklin, PO37 7BS, a freehold house which sold for £396,000 on the 19th November 2020.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Springfield Close, Shanklin, PO37 has a total of 7 addresses. According to our analysis of all the public data, 2, Springfield Close, Shanklin is the 6th largest and the 6th most expensive property on the street.
When compared to the postcode district it is £128k more expensive than the average property in PO37.
The closest station to 2, Springfield Close, Shanklin is Shanklin station which is 900 metres 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 2, Springfield Close, Shanklin, 69.6% of property is privately owned outright and 13.5% 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 2, Springfield Close, Shanklin, 7.6% of residents are recorded as possessing school level qualifications and 17.9% 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, Springfield Close, 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, Springfield Close, Shanklin, 1.1% 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, Springfield Close, Shanklin, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
