Shanklin Towers, Prospect Road - PO37 6AD
Key Building Insights
Shanklin Towers, Prospect Road is a residential building situated on Prospect Road, Shanklin, PO37 with 44 addresses.
It ranks as the 792nd largest and 678th most expensive of the 795 buildings in the PO37 area. The most common property type is a modern flat built after 1980.
The building contains a total of 44 properties: 44 flats.
- Ave. Sale Price
- £197,386
- 10 Year change
- up 12.8%
- Ave. Rental Price
- £810pcm
- 10 Year change
- up 32.6%
- Ave. £ per ft²
- £260/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Key Building Insights
Shanklin Towers, Prospect Road is a residential building situated on Prospect Road, Shanklin, PO37 with 44 addresses.
It ranks as the 792nd largest and 678th most expensive of the 795 buildings in the PO37 area. The most common property type is a modern flat built after 1980.
The building contains a total of 44 properties: 44 flats.
- Ave. Sale Price
- £197,386
- 10 Year change
- up 12.8%
- Ave. Rental Price
- £810pcm
- 10 Year change
- up 32.6%
- Ave. £ per ft²
- £260/ft²
- Ave. Gross Yield
- 4.9%/year/yr
Explore Propertieson Prospect Road, Shanklin, PO37
- Flat 1 Shanklin Towers
3 Bed Modern Flat
- Flat 2 Shanklin Towers
2 Bed Modern Flat
- Flat 3 Shanklin Towers
Modern Flat
- Flat 4 Shanklin Towers
3 Bed Modern Flat
- Flat 5 Shanklin Towers
2 Bed Modern Flat
Sales Market Trends
The last sale in Shanklin Towers, Prospect Road sold for £141,000 on 15th May 2026. Since then prices have on average remained the same.
The current average value in the building is £197,386.
The Shanklin Towers, Prospect Road Sales Market has increased by 12.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.4% | £197,386 |
| June 2025 | -1.4% | £206,400 |
| June 2024 | -5.6% | £209,343 |
| June 2023 | 1% | £221,878 |
| June 2022 | 8.6% | £219,745 |
| June 2021 | 9.2% | £202,259 |
| June 2020 | 4.1% | £185,270 |
| June 2019 | 2.8% | £177,915 |
| June 2018 | -1.3% | £173,019 |
| June 2017 | 0.1% | £175,233 |
| June 2016 | 5% | £175,047 |
| June 2015 | 0% | £166,667 |
| June 2014 | 3.4% | £166,639 |
| June 2013 | -0.6% | £161,220 |
| June 2012 | -1.9% | £162,221 |
| June 2011 | -2.1% | £165,395 |
| June 2010 | 4.5% | £168,894 |
| June 2009 | -10.6% | £161,580 |
| June 2008 | -2% | £180,792 |
| June 2007 | 0% | £184,507 |
Rental Market Trends
The current average rental value in the building is £810.
The Shanklin Towers, Prospect Road Rental Market has increased by 32.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £810pcm |
| June 2025 | 3.4% | £789pcm |
| June 2024 | 5.5% | £763pcm |
| June 2023 | 6.6% | £723pcm |
| June 2022 | 6.5% | £678pcm |
| June 2021 | 7% | £637pcm |
| June 2020 | 0.7% | £595pcm |
| June 2019 | 2.9% | £591pcm |
| June 2018 | -3.8% | £574pcm |
| June 2017 | -2.4% | £597pcm |
| June 2016 | 5.1% | £611pcm |
| June 2015 | 5.2% | £582pcm |
| June 2014 | 2.2% | £553pcm |
| June 2013 | 0.9% | £541pcm |
| June 2012 | 0.3% | £537pcm |
| June 2011 | 2.1% | £535pcm |
| June 2010 | 4.8% | £524pcm |
| June 2009 | -3.9% | £500pcm |
| June 2008 | 3.2% | £520pcm |
| June 2007 | 0% | £504pcm |
Sales History
The last sale was on 15th May 2026 for £141,000 and since then the market in the area has remained stable. The building has had a total of 100 sales since 1995.
Shanklin Towers, Prospect Road, Shanklin, PO37 6AD has seen 9 sales in the last three years and 3 sales in the last twelve months.
- Sold May 2026£141,000 | 2 Bed FlatFlat 5, Shanklin Towers, Prospect Road, Shanklin, PO37 6ADFlat 5, Shanklin Towers, Prospect Road, Shanklin, PO37 6AD
- Sold Mar 2026£220,000 | 2 Bed FlatFlat 2, Shanklin Towers, Prospect Road, Shanklin, PO37 6ADFlat 2, Shanklin Towers, Prospect Road, Shanklin, PO37 6AD
- Sold Aug 2025£155,000 | 2 Bed FlatFlat 38, Shanklin Towers, Prospect Road, Shanklin, PO37 6ADFlat 38, Shanklin Towers, Prospect Road, Shanklin, PO37 6AD
- Sold Aug 2024£215,000 | 2 Bed FlatFlat 39, Shanklin Towers, Prospect Road, Shanklin, PO37 6ADFlat 39, Shanklin Towers, Prospect Road, Shanklin, PO37 6AD
- Sold Apr 2024£249,950 | 3 Bed FlatFlat 30, Shanklin Towers, Prospect Road, Shanklin, PO37 6ADFlat 30, Shanklin Towers, Prospect Road, Shanklin, PO37 6AD
Property Types
- 29 modern flats built after 1980
- 4 flats of an unknown age
- 11 other addresses of unknown type
- modern flat (29)
- flat (4)
- Unknown (11)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 29 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (23)
- G (0)
- D (4)
- No EPC (15)
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 Academy400 m away
- Gatten and Lake Primary School1.3 km away
- Broadlea Primary School2.2 km away
- The Island Free School4.2 km away
- Lift Ryde10.6 km away
- Medina College11.8 km away
More reading links
Public Transport Nearby
The closest station to Shanklin Towers, Prospect Road, Shanklin, PO37 6AD is Shanklin station, which is 700 metres away.
- Shanklin|700 m away
- Lake|2.2 km away
- Sandown|3.4 km away
- Brading|6.2 km away
