42B, North Road
42B, North Road
Description & Estimates
Public records show 42B, North Road, Shanklin to be a period leasehold apartment with 559 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms with a garden.
42B, North Road, Shanklin has an estimated sale value of £114,237 and an estimated rental value of £771 per month, assuming reasonable condition and based on the information available.
The apartment sits within 42, North Road, Shanklin, PO37.
North Road, Shanklin, PO37 lies within the PO37 postal district.
Our Data Sources
42B, North Road, Shanklin has 2 entries in the Land Registry , most recently in August 2022 and a single entry in the EPC database dated September 2013.
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.
Price Range & Condition
In very good condition, we estimate 42B, North Road, Shanklin would be worth £119,949, with a potential rental value of £810 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £106,241, with a rental value of £717 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 42B, North Road, Shanklin has moved down by £4,960 (4.3%) over the last year. During the same period, its estimated monthly rental value has increased by £29 (3.7%). The property's estimated gross yield is currently 8.1%.
Energy Efficiency
42B, North Road, Shanklin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
42B, North Road, Shanklin last changed hands on 25th August 2022, selling for £136,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has dropped by 4.3% since August 2022.
- Sold Aug 2022£136,500
- Sold Apr 2014£82,750
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 510 metres of 42B, North Road, Shanklin across the last 2 years.
Most recently, Flat 11, Clarendon Apartments 20, North Road, Shanklin, PO37 6DB, a leasehold flat, sold at £130,000 on the 12th June 2024.
Read more about house prices in PO37.
- Sold Jun 2024£130,000 | 2 Bed FlatClarendon Apartments 20, North RoadFlat 11, Clarendon Apartments 20, North Road, Shanklin, PO37 6DB
- Sold Oct 2022£212,500 | 2 Bed FlatSpring Gardens3, Spring Gardens, Shanklin, PO37 7AQ
- Sold Jun 2018£117,500 | 2 Bed FlatSpring Gardens10, Spring Gardens, Shanklin, PO37 7AQ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 42B, North Road, Shanklin as the 77th largest and the 74th most expensive of the 102 addresses on North Road, Shanklin, PO37.
Against the PO37 postcode district average, it is £144k less expensive than the typical property.
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Schools Nearby
- 500mSt Blasius Shanklin CofE Primary Academy
- 900mGatten and Lake Primary School
- 1.8kmBroadlea Primary School
- 4.6kmThe Island Free School
- 10.2kmLift Ryde
- 11.6kmMedina College
More reading links
Public Transport Nearby
Shanklin station is the nearest stop to 42B, North Road, Shanklin at 400 metres away.
- 400mShanklin
- 1.8kmLake
- 2.9kmSandown
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
