8, Prospect Road - PO37 6AE
Key Building Insights
8, Prospect Road is a residential building situated on Prospect Road, Shanklin, PO37 with 4 addresses.
It ranks as the 524th largest and 623rd most expensive of the 796 buildings in the PO37 area. The most common property type is a modern flat built after 1980.
The building contains a total of 4 properties: 3 flats and 1 other property.
- Ave. Sale Price
- £247,457
- 10 Year change
- up 22.6%
- Ave. Rental Price
- £1,061pcm
- 10 Year change
- up 46.5%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Building Insights
8, Prospect Road is a residential building situated on Prospect Road, Shanklin, PO37 with 4 addresses.
It ranks as the 524th largest and 623rd most expensive of the 796 buildings in the PO37 area. The most common property type is a modern flat built after 1980.
The building contains a total of 4 properties: 3 flats and 1 other property.
- Ave. Sale Price
- £247,457
- 10 Year change
- up 22.6%
- Ave. Rental Price
- £1,061pcm
- 10 Year change
- up 46.5%
- Ave. £ per ft²
- £261/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Properties on Prospect Road, Shanklin, PO37
- Flat 1, 8 Prospect Road
2 Bed Modern Flat
- Flat 2, 8 Prospect Road
2 Bed Modern Flat
- Flat 3, 8 Prospect Road
2 Bed Modern Flat
- 8 Prospect Road
Modern House
Sales Market Trends
The last sale in 8, Prospect Road sold for £64,000 on 27th March 2015. Since then prices are up an average of 26.6%.
The current average value in the building is £247,457.
The 8, Prospect Road Sales Market has increased by 22.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -4.7% | £247,457 |
| July 2025 | -1.5% | £259,552 |
| July 2024 | -4.2% | £263,430 |
| July 2023 | -0.9% | £274,974 |
| July 2022 | 11.5% | £277,441 |
| July 2021 | 10.9% | £248,727 |
| July 2020 | 5.5% | £224,200 |
| July 2019 | 3.3% | £212,508 |
| July 2018 | -0.1% | £205,694 |
| July 2017 | 2% | £205,880 |
| July 2016 | 5.4% | £201,850 |
| July 2015 | -0.5% | £191,443 |
| July 2014 | 3.3% | £192,460 |
| July 2013 | -0.4% | £186,291 |
| July 2012 | -1.2% | £187,004 |
| July 2011 | -1.6% | £189,325 |
| July 2010 | 5.5% | £192,360 |
| July 2009 | -8.9% | £182,395 |
| July 2008 | -4% | £200,123 |
| July 2007 | 0% | £208,554 |
Rental Market Trends
The current average rental value in the building is £1,061.
The 8, Prospect Road Rental Market has increased by 46.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3% | £1,061pcm |
| July 2025 | 2.2% | £1,030pcm |
| July 2024 | 5.5% | £1,008pcm |
| July 2023 | 7.9% | £956pcm |
| July 2022 | 9.6% | £886pcm |
| July 2021 | 7% | £808pcm |
| July 2020 | 0.6% | £755pcm |
| July 2019 | 3.2% | £751pcm |
| July 2018 | 1.7% | £727pcm |
| July 2017 | -1.3% | £715pcm |
| July 2016 | 3.1% | £724pcm |
| July 2015 | 2% | £703pcm |
| July 2014 | 1.7% | £689pcm |
| July 2013 | 1.1% | £677pcm |
| July 2012 | 1.6% | £670pcm |
| July 2011 | -0.8% | £659pcm |
| July 2010 | 5.8% | £665pcm |
| July 2009 | -6.5% | £628pcm |
| July 2008 | 2.5% | £672pcm |
| July 2007 | 0% | £656pcm |
Sales History
The last recorded sale was on 27th March 2015 for £64,000 and since then the market in the area has increased by 26.6%.
8, Prospect Road, Shanklin, PO37 6AE has had 3 sales since 1995, none of them in the last three years.
- Sold Mar 2015£64,000 | 2 Bed FlatFlat 3, 8, Prospect Road, Shanklin, PO37 6AEFlat 3, 8, Prospect Road, Shanklin, PO37 6AE
- Sold Jun 2012£79,950 | 2 Bed FlatFlat 2, 8, Prospect Road, Shanklin, PO37 6AEFlat 2, 8, Prospect Road, Shanklin, PO37 6AE
- Sold Apr 2003£98,000 | 6 Bed House8, Prospect Road, Shanklin, PO37 6AE8, Prospect Road, Shanklin, PO37 6AE
Property Types
- 3 modern flats built after 1980
- 1 other address of unknown type
- modern flat (3)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (2)
- 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 8, 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
