24, Prospect Road - PO37 6AE
Key Building Insights
24, Prospect Road is a residential building situated on Prospect Road, Shanklin, PO37 with 2 addresses.
It ranks as the 130th largest of the 796 buildings in the PO37 area.
The building contains a total of 2 properties: 1 flat and 1 other property.
- Ave. Sale Price
- £194,881
- 10 Year change
- up 16.2%
- Ave. Rental Price
- £877pcm
- 10 Year change
- up 38.8%
- Ave. £ per ft²
- £259/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Building Insights
24, Prospect Road is a residential building situated on Prospect Road, Shanklin, PO37 with 2 addresses.
It ranks as the 130th largest of the 796 buildings in the PO37 area.
The building contains a total of 2 properties: 1 flat and 1 other property.
- Ave. Sale Price
- £194,881
- 10 Year change
- up 16.2%
- Ave. Rental Price
- £877pcm
- 10 Year change
- up 38.8%
- Ave. £ per ft²
- £259/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Properties on Prospect Road, Shanklin, PO37
- 24A Prospect Road
2 Bed Early-century Flat
- 24 Prospect Road
Early-century Flat
Sales Market Trends
The last sale in 24, Prospect Road sold for £125,000 on 5th June 2014. Since then prices are up an average of 20.4%.
The current average value in the building is £194,881.
The 24, Prospect Road Sales Market has increased by 16.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -4.4% | £194,881 |
| July 2025 | -2.3% | £203,820 |
| July 2024 | -3.2% | £208,604 |
| July 2023 | -0.6% | £215,467 |
| July 2022 | 9.5% | £216,668 |
| July 2021 | 8.4% | £197,831 |
| July 2020 | 6% | £182,494 |
| July 2019 | 3% | £172,182 |
| July 2018 | -0.7% | £167,132 |
| July 2017 | 0.3% | £168,327 |
| July 2016 | 4.5% | £167,756 |
| July 2015 | -1% | £160,459 |
| July 2014 | 3.4% | £161,999 |
| July 2013 | -0.3% | £156,695 |
| July 2012 | -2% | £157,131 |
| July 2011 | -2.9% | £160,353 |
| July 2010 | 2.9% | £165,057 |
| July 2009 | -10.1% | £160,387 |
| July 2008 | -4.8% | £178,392 |
| July 2007 | 0% | £187,478 |
Rental Market Trends
The current average rental value in the building is £877.
The 24, Prospect Road Rental Market has increased by 38.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.3% | £877pcm |
| July 2025 | 1.3% | £849pcm |
| July 2024 | 6.6% | £838pcm |
| July 2023 | 8.3% | £786pcm |
| July 2022 | 7.7% | £726pcm |
| July 2021 | 4.5% | £674pcm |
| July 2020 | 1.1% | £645pcm |
| July 2019 | 2.9% | £638pcm |
| July 2018 | 1.1% | £620pcm |
| July 2017 | -2.9% | £613pcm |
| July 2016 | 2.2% | £631pcm |
| July 2015 | 1.6% | £618pcm |
| July 2014 | 1.8% | £608pcm |
| July 2013 | 1.2% | £597pcm |
| July 2012 | 0.8% | £590pcm |
| July 2011 | -2.1% | £585pcm |
| July 2010 | 3.2% | £598pcm |
| July 2009 | -7.8% | £579pcm |
| July 2008 | 1.6% | £628pcm |
| July 2007 | 0% | £618pcm |
Sales History
The last recorded sale was on 5th June 2014 for £125,000 and since then the market in the area has increased by 20.4%.
24, Prospect Road, Shanklin, PO37 6AE has had 3 sales since 1995, none of them in the last three years.
- Sold Jun 2014£125,000 | 2 Bed Flat24A, Prospect Road, Shanklin, PO37 6AE24A, Prospect Road, Shanklin, PO37 6AE
- Sold Aug 2005£134,000 | 2 Bed Flat24A, Prospect Road, Shanklin, PO37 6AE24A, Prospect Road, Shanklin, PO37 6AE
- Sold May 1997£41,000 | 2 Bed Flat24, Prospect Road, Shanklin, PO37 6AE24, Prospect Road, Shanklin, PO37 6AE
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (1)
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 24, 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