Flat 3, The Adelaide 15
Flat 3, The Adelaide 15
Description & Estimates
Public records show Flat 3, The Adelaide 15, Shanklin to be a modern leasehold apartment with 675 ft2 of internal area.
In this area, apartments of this size normally have 2 bedrooms.
Flat 3, The Adelaide 15, Shanklin has an estimated sale value of £212,900 and an estimated rental value of £903 per month, assuming reasonable condition and based on the information available.
The apartment sits within The Adelaide, Esplanade, Shanklin, PO37.
Esplanade, Shanklin, PO37 lies within the PO37 postal district.
Our Data Sources
Flat 3, The Adelaide 15, Shanklin has a single entry in the Land Registry from March 2016 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
In very good condition, we estimate Flat 3, The Adelaide 15, Shanklin would be worth £223,545, with a potential rental value of £948 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £197,997, with a rental value of £840 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of Flat 3, The Adelaide 15, Shanklin has dropped by £10,811 (5.1%) over the last year. During the same period, its estimated monthly rental value has risen by £27 (3.0%). The property's estimated gross yield is currently 5.1%.
Energy Efficiency
Flat 3, 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
Flat 3, The Adelaide 15, Shanklin last changed hands on 31st March 2016, selling for £137,000. The transaction was logged as a leasehold flat by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has risen by 15.3% since March 2016.
- Sold Mar 2016£137,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of Flat 3, The Adelaide 15, Shanklin across the last 2 years.
Most recently, Flat 14, Waverley Court 8, Esplanade, Shanklin, PO37 6BT, a leasehold flat, sold at £211,000 on the 10th March 2025.
Read more about house prices in PO37.
- Sold Mar 2025£211,000 | 2 Bed FlatWaverley Court 8, EsplanadeFlat 14, Waverley Court 8, Esplanade, Shanklin, PO37 6BT
- Sold May 2022£240,000 | 2 Bed FlatWaverley Court 8, EsplanadeFlat 2, Waverley Court 8, Esplanade, Shanklin, PO37 6BT
- Sold Sep 2021£255,000 | 2 Bed FlatWaverley Court 8, EsplanadeFlat 5, Waverley Court 8, Esplanade, Shanklin, PO37 6BT
•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 Flat 3, The Adelaide 15, Shanklin as the 32nd largest and the 34th most expensive of the 62 addresses on Esplanade, Shanklin, PO37.
Against the PO37 postcode district average, it is £46k less expensive than the typical property.
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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
Shanklin station is the nearest stop to Flat 3, The Adelaide 15, Shanklin at 800 metres away.
- 800mShanklin
- 2.1kmLake
- 3.3kmSandown
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.
