PO37 6EL is a residential postcode situated on Hope Road, Shanklin, PO37 with 14 addresses.
It ranks as the 448th largest and 446th most expensive of the 827 postcodes in the PO37 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 flats.
PO37 6EL is a residential postcode situated on Hope Road, Shanklin, PO37 with 14 addresses.
It ranks as the 448th largest and 446th most expensive of the 827 postcodes in the PO37 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 14 properties: 14 flats.
Sale prices range from £254,068 for 2 bedroom leasehold flats (721 ft2) to £298,725 for 3 bedroom leasehold flats (925 ft2) .
Monthly rental prices range from £1,051 pcm for 2 bed flats to £1,177 pcm for 3 bed flats.
The gross rental yield is between 4.7% and 5.0%.
The average value per square foot is £345.
The last sale in PO37 6EL sold for £310,000 on 10th September 2025. Since then prices are down an average of 1.9%.
The current average value in the postcode is £271,529.
The PO37 6EL Sales Market has increased by 13.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.2% | £271,529 |
| April 2025 | -1.3% | £286,536 |
| April 2024 | -5.1% | £290,405 |
| April 2023 | 3.7% | £305,857 |
| April 2022 | 6.3% | £294,898 |
| April 2021 | 11.6% | £277,351 |
| April 2020 | 2.5% | £248,572 |
| April 2019 | 2.7% | £242,493 |
| April 2018 | -1.4% | £236,189 |
| April 2017 | 0.4% | £239,427 |
| April 2016 | 4.2% | £238,487 |
| April 2015 | -0.1% | £228,841 |
| April 2014 | 4.7% | £228,989 |
| April 2013 | -0.4% | £218,641 |
| April 2012 | -3.7% | £219,611 |
| April 2011 | -0.4% | £228,139 |
| April 2010 | 1.8% | £229,061 |
| April 2009 | -11.4% | £225,022 |
| April 2008 | -0.7% | £253,927 |
| April 2007 | 0% | £255,599 |
The current average rental value in the postcode is £1,103.
The PO37 6EL Rental Market has increased by 35.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.8% | £1,103pcm |
| April 2025 | 4.2% | £1,074pcm |
| April 2024 | 6.8% | £1,031pcm |
| April 2023 | 5.3% | £966pcm |
| April 2022 | 7.4% | £917pcm |
| April 2021 | 7% | £854pcm |
| April 2020 | 1.3% | £798pcm |
| April 2019 | 2.1% | £788pcm |
| April 2018 | -3.8% | £772pcm |
| April 2017 | -1.2% | £802pcm |
| April 2016 | 5.2% | £812pcm |
| April 2015 | 5% | £772pcm |
| April 2014 | 1.5% | £735pcm |
| April 2013 | 1.4% | £724pcm |
| April 2012 | 0.2% | £714pcm |
| April 2011 | 1.7% | £713pcm |
| April 2010 | 2.9% | £702pcm |
| April 2009 | -3.9% | £682pcm |
| April 2008 | 2.8% | £710pcm |
| April 2007 | 0% | £690pcm |
The last sale was on 10th September 2025 for £310,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 30 sales since 1995.
PO37 6EL has seen 3 sales in the last three years and 1 sale in the last twelve months.
PO37 6EL is the 448th largest and the 446th most expensive postcode out of the 827 postcodes in the PO37 area.
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The closest station to PO37 6EL is Shanklin station which is 600 metres away.
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