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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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27A, North Road, Shanklin is recorded publicly as a period leasehold apartment across 796 ft2 of internal area.
Locally, apartments of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 27A, North Road, Shanklin is £110,003 and its rental estimate is £735 per month, given the available information and assuming reasonable condition.
27, North Road is a residential building on North Road, Shanklin, PO37 and falls within the PO37 postal district.
27A, North Road, Shanklin has 41 entries in the Land Registry , most recently in October 2020 and a single entry in the EPC database dated August 2017.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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 27A, North Road, Shanklin, we estimate a market value of £115,503 and a rental value of £772 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £102,302 and £684 per month respectively.
Over the last year, 27A, North Road, Shanklin has seen its estimated sale value decline by £4,777 (4.3%) and its estimated rental value climb by £27 per month (3.7%). This results in an estimated gross rental yield of 8.0%.
27A, North Road, Shanklin has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 30 Aug 2017.
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 27A, North Road, Shanklin completed on 23rd October 2020 at £100,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have risen by 8.6% over the period since October 2020.
Over the past 2 years 3 properties similar to 27A, North Road, Shanklin have sold within a radius of 490 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 5th July 2024, was 15, Spring Gardens, Shanklin, PO37 7AQ, a leasehold flat which sold for £155,000.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 102 addresses on North Road, Shanklin, PO37, 27A, North Road, Shanklin comes out as the 46th largest and the 78th most expensive in our analysis of the public data.
It is also £149k less expensive than the average property across the PO37 district.
From 27A, North Road, Shanklin, the nearest station is Shanklin, 400 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 27A, North Road, Shanklin, 62.1% of property is privately rented and 20.2% 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 27A, North Road, Shanklin, 18.1% of residents are recorded as possessing school level qualifications and 17.7% 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 27A, North 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 27A, North Road, Shanklin, 0.8% 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 27A, North Road, Shanklin, there are an average of 0.6 cars per household.
See below for how this compares to South East and the rest of England & Wales.
