25, Wheeler Way
25, Wheeler Way
Description & Estimates
Public records show 25, Wheeler Way, Shanklin to be a mid-century freehold house with 731 ft2 of internal area, sitting on a 365 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
25, Wheeler Way, Shanklin has an estimated sale value of £315,955 and an estimated rental value of £1,163 per month, assuming reasonable condition and based on the information available.
Wheeler Way, Shanklin, PO37 lies within the PO37 postal district.
Our Data Sources
25, Wheeler Way, Shanklin has a single entry in the Land Registry from December 2019 and a single entry in the EPC database dated April 2019.
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 25, Wheeler Way, Shanklin would be worth £331,753, with a potential rental value of £1,221 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £293,838, with a rental value of £1,081 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 25, Wheeler Way, Shanklin has fallen by £8,873 (2.8%) over the last year. During the same period, its estimated monthly rental value has moved up by £62 (5.4%). The property's estimated gross yield is currently 4.4%.
Plot Size
25, Wheeler Way, Shanklin occupies a 365 m2 plot as recorded by HM Land Registry.
All 10 other houses in this postcode have recorded plot sizes, and this one ranks as the 8th largest.
Energy Efficiency
25, Wheeler Way, Shanklin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 29 Apr 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
25, Wheeler Way, Shanklin last changed hands on 9th December 2019, selling for £226,250. 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 26.7% since December 2019.
- Sold Dec 2019£226,250
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 650 metres of 25, Wheeler Way, Shanklin across the last 2 years.
Most recently, 22, Fir Tree Close, Shanklin, PO37 7EX, a freehold house, sold at £292,000 on the 15th November 2024.
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 25, Wheeler Way, Shanklin as the 14th largest and the 7th most expensive of the 20 addresses on Wheeler Way, Shanklin, PO37.
Against the PO37 postcode district average, it is £57k more expensive than the typical property.
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Schools Nearby
- 200mGatten and Lake Primary School
- 800mBroadlea Primary School
- 1.4kmSt Blasius Shanklin CofE Primary Academy
- 5.5kmThe Island Free School
- 9.2kmLift Ryde
- 11.0kmMedina College
More reading links
Public Transport Nearby
Lake station is the nearest stop to 25, Wheeler Way, Shanklin at 800 metres away.
- 800mLake
- 900mShanklin
- 2.0kmSandown
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.
