8 King Edward Close

    8, KING EDWARD CLOSE, SHANKLIN, PO37 7DW

    This detached freehold property on King Edward Close last sold in May 2016 for £242,000. Based on price growth in the PO37 district since then, its estimated current value is £354,405 — placing it in the 60th percentile nationally and the 76th percentile within PO37. The property covers 91 m² (980 sq ft), giving an estimated value of £3,895 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    91 m²

    (980 sq ft)

    Last Sale Price

    £242,000

    May 2016

    Estimated Valuation

    £354,405

    Est. £/m²

    £3,895/m²

    £362/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1996-2002
    Habitable rooms4
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area91 m² (980 sq ft)
    EPC dateApr 2023
    WallsTimber frame, as built, insulated (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    26 May 2016

    £242,000

    31 Mar 2008

    £227,500

    Key Metrics

    Estimated valuation£354,405
    Value per m² / sq ft£3,895/m² (£362/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO37 district percentile76th percentile
    National percentile60th 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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