Flat 1, 16
Flat 1, 16
Description & Estimates
Flat 1, 16, Arthurs Hill, Shanklin is described in the public record as a period apartment with 258 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of Flat 1, 16, Arthurs Hill, Shanklin is £79,794 and its rental estimate is £545 per month, given the available information and assuming reasonable condition.
16, Arthurs Hill is a residential building on Arthurs Hill, Shanklin, PO37 and falls within the PO37 postal district.
Our Data Sources
Flat 1, 16, Arthurs Hill, Shanklin has no records in the the Land Registry and a single entry in the EPC database dated November 2020.
We combine this information with public data 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
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 Flat 1, 16, Arthurs Hill, Shanklin, we estimate a market value of £83,784 and a rental value of £572 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £74,209 and £507 per month respectively.
Recent Market Change
Over the last year, Flat 1, 16, Arthurs Hill, Shanklin has seen its estimated sale value fall by £4,018 (5.0%) and its estimated rental value move up by £17 per month (3.1%). This results in an estimated gross rental yield of 8.2%.
Energy Efficiency
Flat 1, 16, Arthurs Hill, Shanklin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 27 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Community scheme.
Similar Properties Sold Nearby
Over the past 2 years 1 property similar to Flat 1, 16, Arthurs Hill, Shanklin has sold within a radius of 560 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 10th February 2023, was Flat 7, Mimosa Court 2, Hope Road, Shanklin, PO37 6EA, a leasehold flat which sold for £80,000.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 51 addresses on Arthurs Hill, Shanklin, PO37, Flat 1, 16, Arthurs Hill, Shanklin comes out as the 51st largest and the 44th most expensive in our analysis of the public data.
It is also £179k less expensive than the average property across the PO37 district.
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Schools Nearby
- 600mGatten and Lake Primary School
- 800mSt Blasius Shanklin CofE Primary Academy
- 1.5kmBroadlea Primary School
- 4.9kmThe Island Free School
- 9.9kmLift Ryde
- 11.5kmMedina College
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Public Transport Nearby
From Flat 1, 16, Arthurs Hill, Shanklin, the nearest station is Shanklin, 400 metres away.
- 400mShanklin
- 1.5kmLake
- 2.7kmSandown
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
