40, Josephs Way
40, Josephs Way
Description & Estimates
40, Josephs Way, Shanklin is described in the public record as a modern house with 979 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 40, Josephs Way, Shanklin is £257,867 and its rental estimate is £1,342 per month, given the available information and assuming reasonable condition.
Josephs Way, Shanklin, PO37 falls within the PO37 postal district.
Our Data Sources
40, Josephs Way, Shanklin has no records in the the Land Registry and a single entry in the EPC database dated April 2017.
We combine this information with public data 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.
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 40, Josephs Way, Shanklin, we estimate a market value of £270,760 and a rental value of £1,409 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £239,816 and £1,248 per month respectively.
Recent Market Change
Over the last year, 40, Josephs Way, Shanklin has seen its estimated sale value decline by £7,242 (2.8%) and its estimated rental value climb by £72 per month (5.4%). This results in an estimated gross rental yield of 6.2%.
Energy Efficiency
40, Josephs Way, Shanklin has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 11 Apr 2017.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 40, Josephs Way, Shanklin have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st October 2025, was 35, Silver Trees, Shanklin, PO37 7ND, a freehold house which sold for £280,000.
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
Of the 42 addresses on Josephs Way, Shanklin, PO37, 40, Josephs Way, Shanklin comes out as the 3rd largest and the 5th most expensive in our analysis of the public data.
It is also £807 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
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Public Transport Nearby
From 40, 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.
