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Locally, houses of this size normally have 6 bedrooms with a garden.
Our estimate of the sale value of 8, Park Road, Shanklin is £1,012,086 and its rental estimate is £3,069 per month, given the available information and assuming reasonable condition.
Park Road, Shanklin, PO37 falls within the PO37 postal district.
8, Park Road, Shanklin has no records in the the Land Registry and a single entry in the EPC database dated August 2024.
We combine this information with public data 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.
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, Park Road, Shanklin, we estimate a market value of £1,062,691 and a rental value of £3,222 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £941,240 and £2,854 per month respectively.
Over the last year, 8, Park Road, Shanklin has seen its estimated sale value move down by £42,834 (4.2%) and its estimated rental value increase by £117 per month (3.8%). This results in an estimated gross rental yield of 3.6%.
HM Land Registry records the plot of land for 8, Park Road, Shanklin as measuring 750 m2.
That makes it the 2nd largest plot in the postcode, where 2 of the 3 other houses have recorded plot data.
8, Park Road, Shanklin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2024.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Over the past 2 years 2 properties similar to 8, Park Road, Shanklin have sold within a radius of 570 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 15th February 2021, was 7, Park Road, Shanklin, PO37 6AY, a freehold house which sold for £945,000.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 17 addresses on Park Road, Shanklin, PO37, 8, Park Road, Shanklin comes out as the largest and the most expensive in our analysis of the public data.
It is also £753k more expensive than the average property across the PO37 district.
From 8, Park Road, Shanklin, the nearest station is Shanklin, 500 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.
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The recent census recorded whether a resident owned or rented their home.
In the area around 8, 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 8, 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 8, 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 8, 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 8, 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.