2 Witbank Close

    2, WITBANK CLOSE, SHANKLIN, PO37 7DQ

    This semi-detached freehold property on Witbank Close last sold in October 2023 for £420,000. Based on price growth in the PO37 district since then, its estimated current value is £401,725 — placing it in the 68th percentile nationally and the 84th percentile within PO37. The property covers 116 m² (1,249 sq ft), giving an estimated value of £3,463 per m². The EPC rating is C, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    116 m²

    (1,249 sq ft)

    Last Sale Price

    £420,000

    Oct 2023

    Estimated Valuation

    £401,725

    Est. £/m²

    £3,463/m²

    £322/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area116 m² (1,249 sq ft)
    EPC dateAug 2022
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    2 Oct 2023

    £420,000

    21 Aug 2012

    £247,500

    29 Apr 2005

    New build

    £172,000

    Key Metrics

    Estimated valuation£401,725
    Value per m² / sq ft£3,463/m² (£322/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO37 district percentile84th percentile
    National percentile68th 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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