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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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31, Fir Tree Close, Shanklin is recorded publicly as a mid-century freehold house across 731 ft2 of internal area, sitting on a 434 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 31, Fir Tree Close, Shanklin is £278,996 and its rental estimate is £1,229 per month, given the available information and assuming reasonable condition.
Fir Tree Close, Shanklin, PO37 falls within the PO37 postal district.
31, Fir Tree Close, Shanklin has a single entry in the Land Registry from August 2019 and a single entry in the EPC database dated May 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.
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 31, Fir Tree Close, Shanklin, we estimate a market value of £292,946 and a rental value of £1,290 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £259,466 and £1,143 per month respectively.
Over the last year, 31, Fir Tree Close, Shanklin has seen its estimated sale value decrease by £7,835 (2.8%) and its estimated rental value grow by £66 per month (5.4%). This results in an estimated gross rental yield of 5.3%.
HM Land Registry records the plot of land for 31, Fir Tree Close, Shanklin as measuring 434 m2.
That makes it the 15th largest plot in the postcode, where all 31 other houses have recorded plot data.
31, Fir Tree Close, Shanklin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 02 May 2019.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 31, Fir Tree Close, Shanklin completed on 9th August 2019 at £226,100 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 12.3% over the period since August 2019.
Over the past 2 years 3 properties similar to 31, Fir Tree Close, Shanklin have sold within a radius of 650 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th November 2024, was 22, Fir Tree Close, Shanklin, PO37 7EX, a freehold house which sold for £292,000.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 31 addresses on Fir Tree Close, Shanklin, PO37, 31, Fir Tree Close, Shanklin comes out as the 24th largest and the 23rd most expensive in our analysis of the public data.
It is also £20k more expensive than the average property across the PO37 district.
From 31, Fir Tree Close, Shanklin, the nearest station is Lake, 700 metres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 31, Fir Tree Close, Shanklin, 68.1% of property is privately owned outright and 18.8% 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 31, Fir Tree Close, Shanklin, 7.8% of residents are recorded as possessing school level qualifications and 19.1% 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 31, Fir Tree 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 31, Fir Tree Close, Shanklin, 0.7% 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 31, Fir Tree Close, Shanklin, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
