1D, Steephill Road
1D, Steephill Road
Description & Estimates
According to the public record, 1D, Steephill Road, Shanklin is a modern apartment with 624 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 1D, Steephill Road, Shanklin is £88,722 and the estimated rental value is £635 per month.
The apartment is within 1, Steephill Road, Shanklin, PO37.
Steephill Road, Shanklin, PO37 is located within the PO37 postal district.
Our Data Sources
1D, Steephill Road, Shanklin has no records in the the Land Registry and a single entry in the EPC database dated December 2023.
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.
Price Range & Condition
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 1D, Steephill Road, Shanklin is in very good condition we estimate a sale value of £93,158 and a rental value of £667 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £82,512 and a rental value of £591 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 1D, Steephill Road, Shanklin has declined by £4,505 (5.1%), while its estimated rental value has climbed by £19 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 8.6%.
Energy Efficiency
1D, Steephill Road, Shanklin has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Dec 2023.
The property is not connected to mains gas and has mostly double glazing. It is heated using Room heaters, electric.
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 1D, Steephill Road, Shanklin within a radius of 600 metres over the last 2 years.
The most recent example is 1C, Steephill Road, Shanklin, PO37 6AB, a leasehold flat which sold for £95,000 on the 28th November 2023.
Read more about house prices in PO37.
- Sold Nov 2023£95,000 | 2 Bed FlatSteephill Road1C, Steephill Road, Shanklin, PO37 6AB
- Sold Nov 2023£565,000 | 2 Bed FlatThe Post House 1, Steephill RoadFlat 1, The Post House 1, Steephill Road, Shanklin, PO37 6AB
- Sold Jul 2023£8,500 | 2 Bed FlatSuvretta House, Grange RoadFlat 21, Suvretta House, Grange Road, Shanklin, PO37 6NW
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Steephill Road, Shanklin, PO37 has a total of 24 addresses. According to our analysis of all the public data, 1D, Steephill Road, Shanklin is the 17th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £170k less expensive than the average property in PO37.
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Schools Nearby
- 400mSt Blasius Shanklin CofE Primary Academy
- 1.4kmGatten and Lake Primary School
- 2.2kmBroadlea Primary School
- 4.2kmThe Island Free School
- 10.6kmLift Ryde
- 11.9kmMedina College
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Public Transport Nearby
The closest station to 1D, Steephill Road, Shanklin is Shanklin station, which is 700 metres away.
- 700mShanklin
- 2.3kmLake
- 3.4kmSandown
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
