Our Data Sources
7B, Palmerston Road, Shanklin has a single entry in the Land Registry from April 2021 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 7B, Palmerston Road, Shanklin would be worth £188,529, with a potential rental value of £1,066 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £166,983, with a rental value of £944 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Plot Size
7B, Palmerston Road, Shanklin occupies a 312 m2 plot as recorded by HM Land Registry.
Of the 14 other houses in this postcode, 11 have recorded plot sizes, and this one ranks as the 2nd largest.
Sold Prices
7B, Palmerston Road, Shanklin last changed hands on 1st April 2021, selling for £118,000. The transaction was logged as a leasehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 12.7% since April 2021.
- Sold Apr 2021£118,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 5 sales of comparable properties within 540 metres of 7B, Palmerston Road, Shanklin across the last 2 years.
Most recently, 2, Palmerston Road, Shanklin, PO37 6AU, a freehold house, sold at £195,000 on the 25th March 2024.
Read more about house prices in PO37.
- Sold Mar 2024£195,000 | 2 Bed House2, Palmerston Road, Shanklin, PO37 6AU2, Palmerston Road, Shanklin, PO37 6AU
- Sold Oct 2022£250,000 | 2 Bed House2A, Paddock Road, Shanklin, PO37 6PD2A, Paddock Road, Shanklin, PO37 6PD
- Sold Jan 2008£225,000 | 2 Bed House34A, Spring Gardens, Shanklin, PO37 7AQ34A, 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 7B, Palmerston Road, Shanklin as the 39th largest and the 18th most expensive of the 51 addresses on Palmerston Road, Shanklin, PO37.
Against the PO37 postcode district average, it is £78k less expensive than the typical property.
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Schools Nearby
- St Blasius Shanklin CofE Primary Academy400 m away
- Gatten and Lake Primary School1.2 km away
- Broadlea Primary School2.1 km away
- The Island Free School4.3 km away
- Lift Ryde10.5 km away
- Medina College11.8 km away
More reading links
Public Transport Nearby
- Shanklin|600 m away
- Lake|2.1 km away
- Sandown|3.3 km away
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.
