PO37 6BD is a residential postcode situated on Palmerston Road, Shanklin, PO37 with 3 addresses.
It ranks as the 84th largest and 39th most expensive of the 827 postcodes in the PO37 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 flats.
PO37 6BD is a residential postcode situated on Palmerston Road, Shanklin, PO37 with 3 addresses.
It ranks as the 84th largest and 39th most expensive of the 827 postcodes in the PO37 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 flats.
Sale prices range from £101,778 for 2 bedroom leasehold flats (419 ft2) to £151,038 for 3 bedroom leasehold flats with a garden (936 ft2) .
Monthly rental prices range from £691 pcm for 2 bed flats to £873 pcm for 3 bed flats.
The gross rental yield is between 6.9% and 8.1%.
The average value per square foot is £220.
The last sale in PO37 6BD sold for £87,500 on 24th March 2016. Since then prices are up an average of 16.8%.
The current average value in the postcode is £121,346.
The PO37 6BD Sales Market has increased by 17.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.6% | £121,346 |
| April 2025 | -1.2% | £127,258 |
| April 2024 | -4.8% | £128,743 |
| April 2023 | 3.9% | £135,217 |
| April 2022 | 6.2% | £130,114 |
| April 2021 | 11.2% | £122,523 |
| April 2020 | 3.3% | £110,187 |
| April 2019 | 3.1% | £106,690 |
| April 2018 | -0.7% | £103,449 |
| April 2017 | 0.5% | £104,193 |
| April 2016 | 4.1% | £103,647 |
| April 2015 | -0.4% | £99,556 |
| April 2014 | 5.1% | £99,976 |
| April 2013 | -1.5% | £95,093 |
| April 2012 | -3.7% | £96,529 |
| April 2011 | -0.8% | £100,240 |
| April 2010 | 2.4% | £101,079 |
| April 2009 | -11.6% | £98,743 |
| April 2008 | -1% | £111,740 |
| April 2007 | 0% | £112,853 |
The current average rental value in the postcode is £766.
The PO37 6BD Rental Market has increased by 39.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £766pcm |
| April 2025 | 4.1% | £739pcm |
| April 2024 | 7.4% | £711pcm |
| April 2023 | 5.5% | £662pcm |
| April 2022 | 7.4% | £627pcm |
| April 2021 | 6.6% | £584pcm |
| April 2020 | 1.8% | £548pcm |
| April 2019 | 2.3% | £538pcm |
| April 2018 | -3.3% | £526pcm |
| April 2017 | -1.2% | £544pcm |
| April 2016 | 5.2% | £550pcm |
| April 2015 | 4.3% | £523pcm |
| April 2014 | 2.1% | £502pcm |
| April 2013 | 0.8% | £491pcm |
| April 2012 | 0% | £488pcm |
| April 2011 | 1.5% | £488pcm |
| April 2010 | 3.2% | £480pcm |
| April 2009 | -4.2% | £465pcm |
| April 2008 | 2.4% | £486pcm |
| April 2007 | 0% | £474pcm |
The last sale was on 24th March 2016 for £87,500 and since then the market in the area has increased by 16.8%. The postcode has had a total of 11 sales since 1995.
PO37 6BD has seen no sales in the last three years and no sales in the last twelve months.
PO37 6BD is the 84th largest and the 39th most expensive postcode out of the 827 postcodes in the PO37 area.
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The closest station to PO37 6BD is Shanklin station which is 600 metres away.
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