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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
According to the public record, 41, Albert Road, Shanklin is a period leasehold house with 979 ft2 of internal area.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 41, Albert Road, Shanklin is £284,841 and the estimated rental value is £1,366 per month.
Albert Road, Shanklin, PO37 is located within the PO37 postal district.
41, Albert Road, Shanklin has 2 entries in the Land Registry , most recently in July 2021 and a single entry in the EPC database dated August 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 41, Albert Road, Shanklin is in very good condition we estimate a sale value of £299,083 and a rental value of £1,434 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £264,902 and a rental value of £1,271 per month.
Over the last 12 months the sale value of 41 Albert Road Shanklin has decreased by an estimated £7,999 (2.8%) and its rental value has increased by an estimated £73 per month (5.4%), giving an expected gross yield of 5.8%.
41, Albert Road, Shanklin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Aug 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 41, Albert Road, Shanklin was last sold on 14th July 2021 for £220,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since July 2021, the market for similar properties has risen 10.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 41, Albert Road, Shanklin within a radius of 590 metres over the last 2 years.
The most recent example is 27, Albert Road, Shanklin, PO37 7NS, a freehold house which sold for £357,000 on the 4th August 2023.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Albert Road, Shanklin, PO37 has a total of 36 addresses. According to our analysis of all the public data, 41, Albert Road, Shanklin is the 24th largest and the 21st most expensive property on the street.
When compared to the postcode district it is £26k more expensive than the average property in PO37.
The closest station to 41, Albert Road, Shanklin is Shanklin station which is 600 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 41, Albert Road, Shanklin, 47.2% of property is privately rented and 30.1% is privately owned outright.
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 41, Albert Road, Shanklin, 17.9% of residents are recorded as possessing school level qualifications and 26.3% 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 41, Albert Road, Shanklin, the average age was 49.3 and the most common age was 62.
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 41, Albert Road, Shanklin, 0.3% 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 41, Albert Road, Shanklin, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.
