PO37 7EB is a residential postcode situated on Whitecross Avenue, Shanklin, PO37 with 6 addresses.
It ranks as the 218th largest and 522nd most expensive of the 827 postcodes in the PO37 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
PO37 7EB is a residential postcode situated on Whitecross Avenue, Shanklin, PO37 with 6 addresses.
It ranks as the 218th largest and 522nd most expensive of the 827 postcodes in the PO37 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
Sale prices range from £273,478 for 3 bedroom freehold houses with a garden (699 ft2) to £323,649 for 3 bedroom freehold houses with a garden (968 ft2) .
Monthly rental prices range from £1,185 pcm for 3 bed houses to £1,318 pcm for 3 bed houses.
The gross rental yield is between 4.9% and 5.2%.
The average value per square foot is £373.
The last sale in PO37 7EB sold for £325,000 on 24th May 2023. Since then prices are down an average of 10.0%.
The current average value in the postcode is £295,506.
The PO37 7EB Sales Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.5% | £295,506 |
| April 2025 | 0.1% | £306,221 |
| April 2024 | -6.7% | £306,002 |
| April 2023 | 4.8% | £328,043 |
| April 2022 | 10.1% | £313,044 |
| April 2021 | 14.7% | £284,329 |
| April 2020 | 2.7% | £247,880 |
| April 2019 | 3% | £241,470 |
| April 2018 | 1.4% | £234,339 |
| April 2017 | 2.8% | £230,994 |
| April 2016 | 5.5% | £224,732 |
| April 2015 | 0.5% | £212,924 |
| April 2014 | 5.3% | £211,911 |
| April 2013 | 1.7% | £201,150 |
| April 2012 | -2.7% | £197,723 |
| April 2011 | 1.2% | £203,264 |
| April 2010 | 3.5% | £200,938 |
| April 2009 | -12% | £194,065 |
| April 2008 | -0.1% | £220,610 |
| April 2007 | 0% | £220,782 |
The current average rental value in the postcode is £1,245.
The PO37 7EB Rental Market has increased by 57.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.6% | £1,245pcm |
| April 2025 | 5.8% | £1,190pcm |
| April 2024 | 4.7% | £1,125pcm |
| April 2023 | 6.4% | £1,074pcm |
| April 2022 | 11.2% | £1,010pcm |
| April 2021 | 10% | £908pcm |
| April 2020 | 1.5% | £826pcm |
| April 2019 | 2.6% | £813pcm |
| April 2018 | -1% | £792pcm |
| April 2017 | 1.1% | £801pcm |
| April 2016 | 6.5% | £792pcm |
| April 2015 | 5.8% | £743pcm |
| April 2014 | 2% | £702pcm |
| April 2013 | 3.4% | £689pcm |
| April 2012 | 1.3% | £666pcm |
| April 2011 | 3.1% | £658pcm |
| April 2010 | 4.7% | £638pcm |
| April 2009 | -4.5% | £609pcm |
| April 2008 | 3.5% | £638pcm |
| April 2007 | 0% | £617pcm |
The last sale was on 24th May 2023 for £325,000 and since then the market in the area has decreased by 10.0%. The postcode has had a total of 12 sales since 1995.
PO37 7EB has seen 1 sale in the last three years and no sales in the last twelve months.
PO37 7EB is the 218th largest and the 522nd most expensive postcode out of the 827 postcodes in the PO37 area.
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The closest station to PO37 7EB is Shanklin station which is 700 metres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PO37 7EB, 79.3% of property is privately owned outright and 14.9% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PO37 7EB, 8.7% of residents are recorded as possessing school level qualifications and 22.2% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PO37 7EB, the average age was 51.2 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PO37 7EB, 0.8% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PO37 7EB, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.