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Public records show 7, Park Road, Shanklin to be a period freehold house with 4,240 ft2 of internal area, sitting on a 1,025 m2 plot.
In this area, houses of this size normally have 6 bedrooms with a garden.
7, Park Road, Shanklin has an estimated sale value of £995,179 and an estimated rental value of £3,018 per month, assuming reasonable condition and based on the information available.
Park Road, Shanklin, PO37 lies within the PO37 postal district.
7, Park Road, Shanklin has a single entry in the Land Registry from February 2021 and a single entry in the EPC database dated July 2024.
We combine this information with that 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.
In very good condition, we estimate 7, Park Road, Shanklin would be worth £1,044,938, with a potential rental value of £3,169 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £925,517, with a rental value of £2,807 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
The estimated sale value of 7, Park Road, Shanklin has fallen by £42,119 (4.2%) over the last year. During the same period, its estimated monthly rental value has moved up by £115 (3.8%). The property's estimated gross yield is currently 3.6%.
7, Park Road, Shanklin occupies a 1,025 m2 plot as recorded by HM Land Registry.
Of the 3 other houses in this postcode, 2 have recorded plot sizes, and this one ranks as the largest.
7, Park Road, Shanklin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 31 Jul 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas, Boiler and radiators, mains gas.
7, Park Road, Shanklin last changed hands on 15th February 2021, selling for £945,000. 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 dropped by 16.3% since February 2021.
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 610 metres of 7, Park Road, Shanklin across the last 2 years.
Most recently, 6, Clarence Road, Shanklin, PO37 7BH, a freehold house, sold at £530,000 on the 2nd December 2020.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Our analysis of the public data ranks 7, Park Road, Shanklin as the 2nd largest and the 2nd most expensive of the 17 addresses on Park Road, Shanklin, PO37.
Against the PO37 postcode district average, it is £737k more expensive than the typical property.
Shanklin station is the nearest stop to 7, Park Road, Shanklin at 500 metres away.
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Environment Agency data suggests this area has a very low risk of flooding.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Park Road, Shanklin, 40.7% of property is privately owned outright and 38.2% is privately rented.
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 7, Park Road, Shanklin, 5.9% of residents are recorded as possessing school level qualifications and 23.1% 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 7, Park 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 7, Park Road, Shanklin, 0.4% 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 7, Park Road, Shanklin, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.