2, Woodlands
2, Woodlands
Description & Estimates
Public records show 2, Woodlands, Shanklin to be a modern freehold house with 2,152 ft2 of internal area, sitting on a 621 m2 plot.
In this area, houses of this size normally have 5 bedrooms with a garden.
2, Woodlands, Shanklin has an estimated sale value of £699,383 and an estimated rental value of £2,121 per month, assuming reasonable condition and based on the information available.
Woodlands, Shanklin, PO37 lies within the PO37 postal district.
Our Data Sources
2, Woodlands, Shanklin has 2 entries in the Land Registry , most recently in May 2023 and a single entry in the EPC database dated January 2018.
We combine this information with that 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
In very good condition, we estimate 2, Woodlands, Shanklin would be worth £734,352, with a potential rental value of £2,227 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £650,426, with a rental value of £1,972 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, Woodlands, Shanklin has declined by £29,600 (4.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £81 (3.8%). The property's estimated gross yield is currently 3.6%.
Plot Size
2, Woodlands, Shanklin occupies a 621 m2 plot as recorded by HM Land Registry.
Of the 9 other houses in this postcode, 5 have recorded plot sizes, and this one ranks as the 4th largest.
Energy Efficiency
2, Woodlands, Shanklin has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 29 Jan 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
2, Woodlands, Shanklin last changed hands on 11th May 2023, selling for £840,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 27.7% since May 2023.
- Sold May 2023£840,000
- Sold Feb 2018£525,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 2, Woodlands, Shanklin across the last 2 years.
Most recently, 7, Woodlands, Shanklin, PO37 6FJ, a freehold house, sold at £825,000 on the 31st May 2022.
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
Our analysis of the public data ranks 2, Woodlands, Shanklin as the 7th largest and the 8th most expensive of the 9 addresses on Woodlands, Shanklin, PO37.
Against the PO37 postcode district average, it is £441k more expensive than the typical property.
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Schools Nearby
- 1.0kmSt Blasius Shanklin CofE Primary Academy
- 2.0kmGatten and Lake Primary School
- 2.9kmBroadlea Primary School
- 3.7kmThe Island Free School
- 11.3kmLift Ryde
- 12.3kmChrist The King College
More reading links
Public Transport Nearby
Shanklin station is the nearest stop to 2, Woodlands, Shanklin at 1.4 kilometres away.
- 1.4kmShanklin
- 2.9kmLake
- 4.1kmSandown
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.
