Flat 5, 2
Flat 5, 2
Description & Estimates
According to the public record, Flat 5, 2, Salem Road, Shanklin is a mid-century apartment with 538 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 5, 2, Salem Road, Shanklin is £132,968 and the estimated rental value is £757 per month.
The apartment is within 2, Salem Road, Shanklin, PO37.
Salem Road, Shanklin, PO37 is located within the PO37 postal district.
Our Data Sources
Flat 5, 2, Salem Road, Shanklin has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2019.
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 Flat 5, 2, Salem Road, Shanklin is in very good condition we estimate a sale value of £139,616 and a rental value of £795 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £123,660 and a rental value of £704 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 5, 2, Salem Road, Shanklin has declined by £6,752 (5.1%), while its estimated rental value has climbed by £22 per month (3.0%). Based on current estimates, the property offers a gross rental yield of 6.8%.
Energy Efficiency
Flat 5, 2, Salem Road, Shanklin has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 24 Oct 2019.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
According to HM Land Registry, Flat 5, 2, Salem Road, Shanklin was last sold on 17th January 2003 for £82,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
- Sold Jan 2003£82,000
- Sold Mar 2002£60,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 5, 2, Salem Road, Shanklin within a radius of 590 metres over the last 2 years.
The most recent example is Flat 1, Corinthian Court, Cross Street, Shanklin, PO37 6BU, a leasehold flat which sold for £123,000 on the 7th November 2025.
Read more about house prices in PO37.
- Sold Nov 2025£123,000 | 2 Bed FlatCorinthian Court, Cross StreetFlat 1, Corinthian Court, Cross Street, Shanklin, PO37 6BU
- Sold Jan 2024£129,950 | 2 Bed FlatCorinthian Court, Cross StreetFlat 11, Corinthian Court, Cross Street, Shanklin, PO37 6BU
- Sold Oct 2023£105,000 | 2 Bed Flat4, Salem RoadFlat 7, 4, Salem Road, Shanklin, PO37 6PE
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Salem Road, Shanklin, PO37 has a total of 20 addresses. According to our analysis of all the public data, Flat 5, 2, Salem Road, Shanklin is the 18th largest and the 16th most expensive property on the street.
When compared to the postcode district it is £126k less expensive than the average property in PO37.
More reading links
Schools Nearby
- 300mSt Blasius Shanklin CofE Primary Academy
- 1.4kmGatten and Lake Primary School
- 2.3kmBroadlea Primary School
- 4.0kmThe Island Free School
- 10.7kmLift Ryde
- 11.8kmChrist The King College
More reading links
Public Transport Nearby
The closest station to Flat 5, 2, Salem Road, Shanklin is Shanklin station, which is 800 metres away.
- 800mShanklin
- 2.4kmLake
- 3.5kmSandown
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.
