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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
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8, Sandy Lane, Shanklin is recorded publicly as a modern freehold house across 1,363 ft2 of internal area, sitting on a 369 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 8, Sandy Lane, Shanklin is £418,993 and its rental estimate is £1,456 per month, given the available information and assuming reasonable condition.
Sandy Lane, Shanklin, PO37 falls within the PO37 postal district.
8, Sandy Lane, Shanklin has 31 entries in the Land Registry , most recently in January 2014 and a single entry in the EPC database dated May 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high 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, Sandy Lane, Shanklin, we estimate a market value of £439,943 and a rental value of £1,528 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £389,664 and £1,354 per month respectively.
Over the last year, 8, Sandy Lane, Shanklin has seen its estimated sale value drop by £18,075 (4.3%) and its estimated rental value rise by £56 per month (3.8%). This results in an estimated gross rental yield of 4.2%.
HM Land Registry records the plot of land for 8, Sandy Lane, Shanklin as measuring 369 m2.
That makes it the 26th largest plot in the postcode, where 30 of the 33 other houses have recorded plot data.
8, Sandy Lane, Shanklin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 14 May 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 8, Sandy Lane, Shanklin completed on 17th January 2014 at £245,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 33.7% over the period since January 2014.
Over the past 2 years 3 properties similar to 8, Sandy Lane, Shanklin have sold within a radius of 680 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th August 2022, was 15, Beech Tree Drive, Shanklin, PO37 7DS, a freehold house which sold for £377,000.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 38 addresses on Sandy Lane, Shanklin, PO37, 8, Sandy Lane, Shanklin comes out as the 13th largest and the 12th most expensive in our analysis of the public data.
It is also £160k more expensive than the average property across the PO37 district.
From 8, Sandy Lane, Shanklin, the nearest station is Shanklin, 600 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.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Sandy Lane, Shanklin, 48.4% of property is privately owned outright and 25.8% is socially 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, Sandy Lane, Shanklin, 9.7% of residents are recorded as possessing school level qualifications and 23.0% 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, Sandy Lane, Shanklin, the average age was 51.2 and the most common age was 72.
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, Sandy Lane, Shanklin, 0.0% 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, Sandy Lane, Shanklin, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
