Flat 4 16 Prospect Road

    FLAT 4 16, PROSPECT ROAD, SHANKLIN, PO37 6AE

    This flat/maisonette leasehold property on Prospect Road last sold in July 2018 for £55,000. Based on price growth in the PO37 district since then, its estimated current value is £61,609 — placing it in the 0th percentile nationally and the 1st percentile within PO37. The property covers 49 m² (527 sq ft), giving an estimated value of £1,257 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    49 m²

    (527 sq ft)

    Last Sale Price

    £55,000

    Jul 2018

    Estimated Valuation

    £61,609

    Est. £/m²

    £1,257/m²

    £117/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formSemi-Detached
    Construction ageEngland and Wales: before 1900
    Habitable rooms2
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialC
    Floor area49 m² (527 sq ft)
    EPC dateMar 2018
    WallsSandstone or limestone, as built, no insulation (assumed)
    HeatingElectric storage heaters

    Transaction History

    13 Jul 2018

    £55,000

    3 Feb 1998

    £25,000

    Key Metrics

    Estimated valuation£61,609
    Value per m² / sq ft£1,257/m² (£117/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO37 district percentile1st percentile
    National percentile0th percentile

    District Context — PO37

    PO37 covers the Isle of Wight, sitting off the south coast of England. It is a popular coastal and rural destination with a mix of seaside towns, villages, and countryside appeal.

    Average Property Price - PO37

    £278,073

    36

    National percentile

    Average Net Household Income - PO37

    £32,056

    14

    National percentile

    10-Year Annualised Price Growth - PO37

    2.9%

    27

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO37

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