Flat 1 2 Salem Road

    FLAT 1 2, SALEM ROAD, SHANKLIN, PO37 6PE

    This flat/maisonette leasehold property on Salem Road last sold in December 2022 for £165,000. Based on price growth in the PO37 district since then, its estimated current value is £139,041 — placing it in the 10th percentile nationally and the 17th percentile within PO37. The property covers 50 m² (538 sq ft), giving an estimated value of £2,781 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    50 m²

    (538 sq ft)

    Last Sale Price

    £165,000

    Dec 2022

    Estimated Valuation

    £139,041

    Est. £/m²

    £2,781/m²

    £258/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formEnd-Terrace
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelelectricity (not community)
    EPC currentD
    EPC potentialC
    Floor area50 m² (538 sq ft)
    EPC dateOct 2019
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    14 Dec 2022

    £165,000

    Key Metrics

    Estimated valuation£139,041
    Value per m² / sq ft£2,781/m² (£258/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO37 district percentile17th percentile
    National percentile10th 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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