16, Prospect Road - PO37 6AE
Key Building Insights
16, Prospect Road is a residential building situated on Prospect Road, Shanklin, PO37 with 5 addresses.
It ranks as the 562nd largest and 266th most expensive of the 796 buildings in the PO37 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 5 flats.
- Ave. Sale Price
- £129,492
- 10 Year change
- up 15.2%
- Ave. Rental Price
- £784pcm
- 10 Year change
- up 37.7%
- Ave. £ per ft²
- £188/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Key Building Insights
16, Prospect Road is a residential building situated on Prospect Road, Shanklin, PO37 with 5 addresses.
It ranks as the 562nd largest and 266th most expensive of the 796 buildings in the PO37 area. The most common property type is a period flat built between 1800 and 1911.
The building contains a total of 5 properties: 5 flats.
- Ave. Sale Price
- £129,492
- 10 Year change
- up 15.2%
- Ave. Rental Price
- £784pcm
- 10 Year change
- up 37.7%
- Ave. £ per ft²
- £188/ft²
- Ave. Gross Yield
- 7.3%/year/yr
Explore Properties on Prospect Road, Shanklin, PO37
- Flat 1, 16 Prospect Road
2 Bed Period Flat
- Flat 2, 16 Prospect Road
2 Bed Period Flat
- Flat 3, 16 Prospect Road
2 Bed Period Flat
- Flat 4, 16 Prospect Road
2 Bed Period Flat
- Flat 5, 16 Prospect Road
3 Bed Period Flat
Sales Market Trends
The last sale in 16, Prospect Road sold for £180,000 on 7th January 2020. Since then prices are up an average of 10.6%.
The current average value in the building is £129,492.
The 16, Prospect Road Sales Market has increased by 15.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -4.5% | £129,492 |
| July 2025 | -2.2% | £135,534 |
| July 2024 | -3.4% | £138,650 |
| July 2023 | -0.4% | £143,507 |
| July 2022 | 9.2% | £144,090 |
| July 2021 | 8.5% | £131,902 |
| July 2020 | 5.6% | £121,517 |
| July 2019 | 3.1% | £115,104 |
| July 2018 | -0.9% | £111,686 |
| July 2017 | 0.3% | £112,747 |
| July 2016 | 4.6% | £112,405 |
| July 2015 | -0.6% | £107,502 |
| July 2014 | 3.3% | £108,100 |
| July 2013 | -0.2% | £104,639 |
| July 2012 | -1.9% | £104,892 |
| July 2011 | -2.9% | £106,921 |
| July 2010 | 3.5% | £110,132 |
| July 2009 | -9.6% | £106,439 |
| July 2008 | -4.5% | £117,766 |
| July 2007 | 0% | £123,378 |
Rental Market Trends
The current average rental value in the building is £784.
The 16, Prospect Road Rental Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.2% | £784pcm |
| July 2025 | 1.4% | £759pcm |
| July 2024 | 6.4% | £749pcm |
| July 2023 | 8.4% | £704pcm |
| July 2022 | 7.4% | £649pcm |
| July 2021 | 4.7% | £605pcm |
| July 2020 | 0.7% | £578pcm |
| July 2019 | 3% | £574pcm |
| July 2018 | 0.9% | £557pcm |
| July 2017 | -2.9% | £553pcm |
| July 2016 | 2.3% | £569pcm |
| July 2015 | 2% | £557pcm |
| July 2014 | 1.7% | £546pcm |
| July 2013 | 1.3% | £537pcm |
| July 2012 | 0.9% | £530pcm |
| July 2011 | -2.2% | £525pcm |
| July 2010 | 3.8% | £537pcm |
| July 2009 | -7.3% | £517pcm |
| July 2008 | 1.9% | £558pcm |
| July 2007 | 0% | £547pcm |
Sales History
The last recorded sale was on 7th January 2020 for £180,000 and since then the market in the area has increased by 10.6%.
16, Prospect Road, Shanklin, PO37 6AE has had 3 sales since 1995, none of them in the last three years.
- Sold Jan 2020£180,000 | 3 Bed FlatFlat 5, 16, Prospect Road, Shanklin, PO37 6AEFlat 5, 16, Prospect Road, Shanklin, PO37 6AE
- Sold Jul 2018£55,000 | 2 Bed FlatFlat 4, 16, Prospect Road, Shanklin, PO37 6AEFlat 4, 16, Prospect Road, Shanklin, PO37 6AE
- Sold Aug 2017£172,000 | 3 Bed FlatFlat 5, 16, Prospect Road, Shanklin, PO37 6AEFlat 5, 16, Prospect Road, Shanklin, PO37 6AE
Property Types
- 5 period flats built between 1800 and 1911
- period flat (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (3)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Sep 2019£450,000 | 6 Bed House34, Prospect Road, Shanklin, PO37 6AE34, Prospect Road, Shanklin, PO37 6AE
- Sold Dec 2009£330,000 | 4 Bed House22, Prospect Road, Shanklin, PO37 6AE22, Prospect Road, Shanklin, PO37 6AE
- Sold Jun 2014£330,000 | 4 Bed House22, Prospect Road, Shanklin, PO37 6AE22, Prospect Road, Shanklin, PO37 6AE
Schools Nearby
- St Blasius Shanklin CofE Primary Academy300 m away
- Gatten and Lake Primary School1.3 km away
- Broadlea Primary School2.1 km away
- The Island Free School4.2 km away
- Lift Ryde10.5 km away
- Medina College11.8 km away
More reading links
Public Transport Nearby
The closest station to 16, Prospect Road, Shanklin, PO37 6AE is Shanklin station, which is 600 metres away.
- Shanklin|600 m away
- Lake|2.2 km away
- Sandown|3.4 km away
- Brading|6.2 km away
