Prospect Road - PO37 6AE
Key Postcode Insights
PO37 6AE is a residential postcode situated on Prospect Road, Shanklin, PO37 with 36 addresses.
It ranks as the 757th largest and 212th most expensive of the 827 postcodes in the PO37 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 36 properties: 6 houses and 30 flats.
- Ave. Sale Price
- £232,487
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £966pcm
- 10 Year change
- up 43.6%
- Ave. £ per ft²
- £239/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Key Postcode Insights
PO37 6AE is a residential postcode situated on Prospect Road, Shanklin, PO37 with 36 addresses.
It ranks as the 757th largest and 212th most expensive of the 827 postcodes in the PO37 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 36 properties: 6 houses and 30 flats.
- Ave. Sale Price
- £232,487
- 10 Year change
- up 22.1%
- Ave. Rental Price
- £966pcm
- 10 Year change
- up 43.6%
- Ave. £ per ft²
- £239/ft²
- Ave. Gross Yield
- 5.0%/year/yr
Explore Propertiesin PO37 6AE
- Joanna
Mid-century Building | 6 Units
- 2 Prospect Road
3 Bed Period Flat
- 4-6 Prospect Road
5 Bed Period House
- 8 Prospect Road
Building  |  4 Flats
- 10 Prospect Road
Building  |  2 Flats
Sales Market Trends
The last sale in PO37 6AE sold for £161,000 on 23rd August 2024. Since then prices are down an average of 6.0%.
The current average value in the postcode is £232,487.
The PO37 6AE Sales Market has increased by 22.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £232,487 |
| June 2025 | -1.1% | £242,355 |
| June 2024 | -4.8% | £244,954 |
| June 2023 | 0.9% | £257,376 |
| June 2022 | 10.8% | £255,194 |
| June 2021 | 10.3% | £230,326 |
| June 2020 | 4.9% | £208,725 |
| June 2019 | 2.9% | £198,969 |
| June 2018 | 0.3% | £193,330 |
| June 2017 | 1.2% | £192,714 |
| June 2016 | 5.3% | £190,420 |
| June 2015 | -0.7% | £180,844 |
| June 2014 | 3.8% | £182,061 |
| June 2013 | -0.6% | £175,429 |
| June 2012 | -1.9% | £176,467 |
| June 2011 | -1.8% | £179,933 |
| June 2010 | 4.4% | £183,201 |
| June 2009 | -11% | £175,431 |
| June 2008 | -2.5% | £197,216 |
| June 2007 | 0% | £202,266 |
Rental Market Trends
The current average rental value in the postcode is £966.
The PO37 6AE Rental Market has increased by 43.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £966pcm |
| June 2025 | 3.8% | £937pcm |
| June 2024 | 6.4% | £903pcm |
| June 2023 | 6.5% | £849pcm |
| June 2022 | 8.6% | £797pcm |
| June 2021 | 8.2% | £734pcm |
| June 2020 | 1.5% | £678pcm |
| June 2019 | 3% | £669pcm |
| June 2018 | -2.2% | £649pcm |
| June 2017 | -1.3% | £664pcm |
| June 2016 | 5.3% | £673pcm |
| June 2015 | 4.4% | £639pcm |
| June 2014 | 2.6% | £611pcm |
| June 2013 | 0.9% | £596pcm |
| June 2012 | 0.3% | £591pcm |
| June 2011 | 2.4% | £589pcm |
| June 2010 | 4.7% | £575pcm |
| June 2009 | -4.3% | £549pcm |
| June 2008 | 2.7% | £574pcm |
| June 2007 | 0% | £559pcm |
Sales History
The last sale was on 23rd August 2024 for £161,000 and since then the market in the area has decreased by 6.0%. The postcode has had a total of 50 sales since 1995.
PO37 6AE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2024£161,000 | 2 Bed Flat20A, Prospect Road, Shanklin, PO37 6AE20A, Prospect Road, Shanklin, PO37 6AE
- Sold Mar 2022£136,000 | 2 Bed FlatFlat 3, Joanna 28, Prospect Road, Shanklin, PO37 6AEFlat 3, Joanna 28, Prospect Road, Shanklin, PO37 6AE
- Sold Nov 2021£147,500 | 2 Bed FlatFlat 2, Joanna 28, Prospect Road, Shanklin, PO37 6AEFlat 2, Joanna 28, Prospect Road, Shanklin, PO37 6AE
- Sold Oct 2021£209,300 | 2 Bed House14, Prospect Road, Shanklin, PO37 6AE14, Prospect Road, Shanklin, PO37 6AE
- Sold Dec 2020£212,000 | 3 Bed Flat32A, Prospect Road, Shanklin, PO37 6AE32A, Prospect Road, Shanklin, PO37 6AE
Nearby Postcodes
PO37 6AE is the 757th largest and the 212th most expensive postcode out of the 827 postcodes in the PO37 area.
- PO37 6JN, High Street, Shanklin, PO37PO37 6JN10 Addresses|17 m away
- PO37 6LP, High Street, Shanklin, PO37PO37 6LP1 Addresses|50 m away
- PO37 6JJ, High Street, Shanklin, PO37PO37 6JJ36 Addresses|56 m away
- PO37 6JQ, High Street, Shanklin, PO37PO37 6JQ3 Addresses|57 m away
- PO37 7NP, Orchardleigh Road, Shanklin, PO37PO37 7NP26 Addresses|69 m away
Property Types
- 1 period house built between 1800 and 1911
- 6 period flats built between 1800 and 1911
- 9 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 8 early-century flats built between 1912 and 1935
- 1 other address of unknown type
- period house (1)
- period flat (6)
- modern flat (9)
- mid-century house (1)
- mid-century flat (8)
- early-century house (2)
- early-century flat (8)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 30 properties.
- The most common rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (15)
- G (0)
- D (13)
- No EPC (6)
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 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
