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According to the public record, Flat 2, 2, Alexandra Road, Shanklin is a modern apartment with 495 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 Flat 2, 2, Alexandra Road, Shanklin is £108,845 and the estimated rental value is £757 per month.
The apartment is within 2, Alexandra Road, Shanklin, PO37.
Alexandra Road, Shanklin, PO37 is located within the PO37 postal district.
Flat 2, 2, Alexandra Road, Shanklin has no records in the the Land Registry and a single entry in the EPC database dated March 2021.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
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 Flat 2, 2, Alexandra Road, Shanklin is in very good condition we estimate a sale value of £114,287 and a rental value of £795 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £101,226 and a rental value of £704 per month.
Over the last 12 months the sale value of Flat 2 2 Alexandra Road Shanklin has decreased by an estimated £5,527 (5.1%) and its rental value has increased by an estimated £22 per month (3.0%), giving an expected gross yield of 8.4%.
Flat 2, 2, Alexandra Road, Shanklin has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 01 Mar 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, 2, Alexandra Road, Shanklin within a radius of 520 metres over the last 2 years.
The most recent example is Flat 1, County House 6, Cross Street, Shanklin, PO37 6AT, a leasehold flat which sold for £107,500 on the 24th October 2024.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Alexandra Road, Shanklin, PO37 has a total of 17 addresses. According to our analysis of all the public data, Flat 2, 2, Alexandra Road, Shanklin is the 17th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £150k less expensive than the average property in PO37.
The closest station to Flat 2, 2, Alexandra Road, Shanklin is Shanklin station which is 600 metres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Flat 2, 2, Alexandra Road, Shanklin, 40.7% of property is privately owned outright and 38.2% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around Flat 2, 2, Alexandra Road, Shanklin, 5.9% of residents are recorded as possessing school level qualifications and 23.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around Flat 2, 2, Alexandra Road, Shanklin, the average age was 49.3 and the most common age was 62.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around Flat 2, 2, Alexandra Road, Shanklin, 0.4% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around Flat 2, 2, Alexandra Road, Shanklin, there are an average of 0.8 cars per household.
See below for how this compares to South East and the rest of England & Wales.