23, Josephs Way
23, Josephs Way
Description & Estimates
23, Josephs Way, Shanklin is described in the public record as a mid-century apartment with 657 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms.
Our estimate of the sale value of 23, Josephs Way, Shanklin is £102,660 and its rental estimate is £726 per month, given the available information and assuming reasonable condition.
Josephs Way, Shanklin, PO37 falls within the PO37 postal district.
Our Data Sources
23, Josephs Way, Shanklin has no recent1 records in the the Land Registry and a single entry in the EPC database dated January 2012.
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.
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 23, Josephs Way, Shanklin, we estimate a market value of £107,793 and a rental value of £762 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £95,474 and £675 per month respectively.
Recent Market Change
Over the last year, 23, Josephs Way, Shanklin has seen its estimated sale value move down by £5,213 (5.1%) and its estimated rental value increase by £21 per month (3.0%). This results in an estimated gross rental yield of 8.5%.
Energy Efficiency
23, Josephs Way, Shanklin has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jan 2012.
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 23, Josephs Way, Shanklin completed on 16th December 2005 at £85,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
- Sold Dec 2005£85,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 23, Josephs Way, Shanklin have sold within a radius of 610 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 23rd June 2023, was 39B, Blythe Way, Shanklin, PO37 7NL, a leasehold flat which sold for £155,000.
Read more about house prices in PO37.
- Sold Jun 2023£155,000 | 2 Bed Flat39B, Blythe Way, Shanklin, PO37 7NL39B, Blythe Way, Shanklin, PO37 7NL
- Sold Mar 2022£100,000 | 2 Bed Flat47B, Blythe Way, Shanklin, PO37 7NL47B, Blythe Way, Shanklin, PO37 7NL
- Sold Mar 2016£85,000 | 2 Bed Flat4, Josephs Way, Shanklin, PO37 7JT4, Josephs Way, Shanklin, PO37 7JT
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 42 addresses on Josephs Way, Shanklin, PO37, 23, Josephs Way, Shanklin comes out as the 34th largest and the 29th most expensive in our analysis of the public data.
It is also £156k less expensive than the average property across the PO37 district.
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Schools Nearby
- 300mSt Blasius Shanklin CofE Primary Academy
- 1.3kmGatten and Lake Primary School
- 2.0kmBroadlea Primary School
- 4.1kmThe Island Free School
- 10.3kmLift Ryde
- 11.2kmChrist The King College
More reading links
Public Transport Nearby
From 23, Josephs Way, Shanklin, the nearest station is Shanklin, 500 metres away.
- 500mShanklin
- 2.2kmLake
- 3.3kmSandown
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
