8, Clarence Road
8, Clarence Road
Description & Estimates
8, Clarence Road, Shanklin is recorded publicly as a period freehold house across 3,024 ft2 of internal area, sitting on a 1,266 m2 plot.
Locally, houses of this size normally have 6 bedrooms with a garden.
Our estimate of the sale value of 8, Clarence Road, Shanklin is £845,381 and its rental estimate is £2,564 per month, given the available information and assuming reasonable condition.
Clarence Road, Shanklin, PO37 falls within the PO37 postal district.
Our Data Sources
8, Clarence Road, Shanklin has a single entry in the Land Registry from January 2020 and a single entry in the EPC database dated November 2016.
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.
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 8, Clarence Road, Shanklin, we estimate a market value of £887,650 and a rental value of £2,692 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £786,204 and £2,384 per month respectively.
Recent Market Change
Over the last year, 8, Clarence Road, Shanklin has seen its estimated sale value decrease by £35,779 (4.2%) and its estimated rental value grow by £98 per month (3.8%). This results in an estimated gross rental yield of 3.6%.
Plot Size
HM Land Registry records the plot of land for 8, Clarence Road, Shanklin as measuring 1,266 m2.
That makes it the 2nd largest plot in the postcode, where 9 of the 10 other houses have recorded plot data.
Energy Efficiency
8, Clarence Road, Shanklin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Nov 2016.
The property is connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 8, Clarence Road, Shanklin completed on 15th January 2020 at £700,000 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 37.0% over the period since January 2020.
- Sold Jan 2020£700,000
Properties Sold Nearby
Over the past 2 years 3 properties have sold within 540 metres of 8, Clarence Road, Shanklin, per the Land Registry and our network of Estate Agents.
The latest, on the 2nd December 2020, was 6, Clarence Road, Shanklin, PO37 7BH, a freehold house which sold for £530,000.
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 43 addresses on Clarence Road, Shanklin, PO37, 8, Clarence Road, Shanklin comes out as the 3rd largest and the 2nd most expensive in our analysis of the public data.
It is also £587k more expensive than the average property across the PO37 district.
More reading links
Schools Nearby
- 500mGatten and Lake Primary School
- 700mSt Blasius Shanklin CofE Primary Academy
- 1.4kmBroadlea Primary School
- 4.9kmThe Island Free School
- 9.8kmLift Ryde
- 11.4kmMedina College
More reading links
Public Transport Nearby
From 8, Clarence Road, Shanklin, the nearest station is Shanklin, 300 metres away.
- 300mShanklin
- 1.5kmLake
- 2.6kmSandown
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.
