Flat 1, The Adelaide 15
Flat 1, The Adelaide 15
Description & Estimates
Flat 1, The Adelaide 15, Shanklin is recorded publicly as a modern leasehold apartment across 860 ft2 of internal area.
Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of Flat 1, The Adelaide 15, Shanklin is £247,779 and its rental estimate is £1,006 per month, given the available information and assuming reasonable condition.
The Adelaide, Esplanade is a residential building on Esplanade, Shanklin, PO37 and falls within the PO37 postal district.
Our Data Sources
Flat 1, The Adelaide 15, Shanklin has 31 entries in the Land Registry , most recently in April 2017 and a single entry in the EPC database dated January 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 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, The Adelaide 15, Shanklin, we estimate a market value of £260,168 and a rental value of £1,056 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £230,435 and £935 per month respectively.
Recent Market Change
Over the last year, Flat 1, The Adelaide 15, Shanklin has seen its estimated sale value drop by £13,020 (5.3%) and its estimated rental value rise by £27 per month (2.7%). This results in an estimated gross rental yield of 4.9%.
Energy Efficiency
Flat 1, The Adelaide 15, Shanklin has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 11 Jan 2011.
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
The most recent sale of Flat 1, The Adelaide 15, Shanklin completed on 10th April 2017 at £210,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 24.9% over the period since April 2017.
- Sold Apr 2017£210,000
- Sold Nov 2003£482,000
- Sold May 1999£176,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to Flat 1, The Adelaide 15, Shanklin have sold within a radius of 700 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th April 2024, was Flat 30, Shanklin Towers, Prospect Road, Shanklin, PO37 6AD, a leasehold flat which sold for £249,950.
Read more about house prices in PO37.
- Sold Apr 2024£249,950 | 3 Bed FlatShanklin Towers, Prospect RoadFlat 30, Shanklin Towers, Prospect Road, Shanklin, PO37 6AD
- Sold Mar 2022£275,000 | 3 Bed FlatThe Adelaide 15, EsplanadeFlat 4, The Adelaide 15, Esplanade, Shanklin, PO37 6BN
- Sold Mar 2016£260,000 | 3 Bed FlatThe Adelaide 15, EsplanadeFlat 7, The Adelaide 15, Esplanade, Shanklin, PO37 6BN
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 62 addresses on Esplanade, Shanklin, PO37, Flat 1, The Adelaide 15, Shanklin comes out as the 12th largest and the 13th most expensive in our analysis of the public data.
It is also £11k less expensive than the average property across the PO37 district.
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Schools Nearby
- 700mSt Blasius Shanklin CofE Primary Academy
- 1.3kmGatten and Lake Primary School
- 2.2kmBroadlea Primary School
- 4.4kmThe Island Free School
- 10.6kmLift Ryde
- 12.1kmMedina College
More reading links
Public Transport Nearby
From Flat 1, The Adelaide 15, Shanklin, the nearest station is Shanklin, 800 metres away.
- 800mShanklin
- 2.1kmLake
- 3.3kmSandown
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.
