Wheeler Way - PO37 7HE
Key Postcode Insights
PO37 7HE is a residential postcode situated on Wheeler Way, Shanklin, PO37 with 10 addresses.
It ranks as the 353rd largest and 620th most expensive of the 827 postcodes in the PO37 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £327,553
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £1,232pcm
- 10 Year change
- up 55.1%
- Ave. £ per ft²
- £408/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Key Postcode Insights
PO37 7HE is a residential postcode situated on Wheeler Way, Shanklin, PO37 with 10 addresses.
It ranks as the 353rd largest and 620th most expensive of the 827 postcodes in the PO37 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £327,553
- 10 Year change
- up 31.1%
- Ave. Rental Price
- £1,232pcm
- 10 Year change
- up 55.1%
- Ave. £ per ft²
- £408/ft²
- Ave. Gross Yield
- 4.5%/year/yr
Explore Propertiesin PO37 7HE
- 15 Wheeler Way
Unknown
- 17 Wheeler Way
3 Bed Mid-century House
- 19 Wheeler Way
3 Bed Mid-century House
- 21 Wheeler Way
Unknown
- 23 Wheeler Way
3 Bed Mid-century House
Sales Market Trends
The last sale in PO37 7HE sold for £385,000 on 22nd July 2025. Since then prices are down an average of 2.1%.
The current average value in the postcode is £327,553.
The PO37 7HE Sales Market has increased by 31.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.6% | £327,553 |
| June 2025 | -0.3% | £336,280 |
| June 2024 | -6% | £337,459 |
| June 2023 | 1.1% | £359,160 |
| June 2022 | 13.8% | £355,262 |
| June 2021 | 12.6% | £312,142 |
| June 2020 | 3.6% | £277,178 |
| June 2019 | 2.2% | £267,673 |
| June 2018 | 1.8% | £261,893 |
| June 2017 | 2.9% | £257,170 |
| June 2016 | 6.4% | £249,873 |
| June 2015 | 0% | £234,925 |
| June 2014 | 4.5% | £234,946 |
| June 2013 | 0.6% | £224,724 |
| June 2012 | -1.3% | £223,485 |
| June 2011 | -1.2% | £226,426 |
| June 2010 | 5.8% | £229,155 |
| June 2009 | -11.3% | £216,638 |
| June 2008 | -2.8% | £244,172 |
| June 2007 | 0% | £251,190 |
Rental Market Trends
The current average rental value in the postcode is £1,232.
The PO37 7HE Rental Market has increased by 55.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.6% | £1,232pcm |
| June 2025 | 5% | £1,178pcm |
| June 2024 | 4.6% | £1,122pcm |
| June 2023 | 6.7% | £1,073pcm |
| June 2022 | 11.2% | £1,005pcm |
| June 2021 | 10.5% | £904pcm |
| June 2020 | 0.7% | £818pcm |
| June 2019 | 2.8% | £813pcm |
| June 2018 | -0.8% | £791pcm |
| June 2017 | 0.4% | £797pcm |
| June 2016 | 6.6% | £794pcm |
| June 2015 | 5.7% | £745pcm |
| June 2014 | 2.9% | £706pcm |
| June 2013 | 1.5% | £686pcm |
| June 2012 | 1.2% | £676pcm |
| June 2011 | 2.5% | £668pcm |
| June 2010 | 6.3% | £651pcm |
| June 2009 | -4.3% | £613pcm |
| June 2008 | 2.5% | £640pcm |
| June 2007 | 0% | £624pcm |
Sales History
The last sale was on 22nd July 2025 for £385,000 and since then the market in the area has decreased by 2.1%. The postcode has had a total of 15 sales since 1995.
PO37 7HE has seen 1 sale in the last three years and 1 sale in the last twelve months.
- Sold Jul 2025£385,000 | 3 Bed House31, Wheeler Way, Shanklin, PO37 7HE31, Wheeler Way, Shanklin, PO37 7HE
- Sold Jul 2022£340,000 | 3 Bed House23, Wheeler Way, Shanklin, PO37 7HE23, Wheeler Way, Shanklin, PO37 7HE
- Sold Jun 2021£363,000 | 3 Bed House31, Wheeler Way, Shanklin, PO37 7HE31, Wheeler Way, Shanklin, PO37 7HE
- Sold Dec 2019£226,250 | 3 Bed House25, Wheeler Way, Shanklin, PO37 7HE25, Wheeler Way, Shanklin, PO37 7HE
- Sold Jul 2019£250,000 | 3 Bed House27, Wheeler Way, Shanklin, PO37 7HE27, Wheeler Way, Shanklin, PO37 7HE
Nearby Postcodes
PO37 7HE is the 353rd largest and the 620th most expensive postcode out of the 827 postcodes in the PO37 area.
- PO37 7EZ, Green Lane, Shanklin, PO37PO37 7EZ7 Addresses|57 m away
- PO37 7HF, Wheeler Way, Shanklin, PO37PO37 7HF10 Addresses|67 m away
- PO37 7EU, Green Lane, Shanklin, PO37PO37 7EU14 Addresses|111 m away
- PO37 7DE, Oaklyn Gardens, Shanklin, PO37PO37 7DE8 Addresses|119 m away
- PO37 7ES, Lovett Way, Shanklin, PO37PO37 7ES6 Addresses|123 m away
Property Types
- 1 modern house built after 1980
- 6 mid-century houses built between 1936 and 1979
- 3 other addresses of unknown type
- modern house (1)
- mid-century house (6)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (4)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Jul 2025£385,000 | 3 Bed House31, Wheeler Way, Shanklin, PO37 7HE31, Wheeler Way, Shanklin, PO37 7HE
- Sold Jun 2021£363,000 | 3 Bed House31, Wheeler Way, Shanklin, PO37 7HE31, Wheeler Way, Shanklin, PO37 7HE
- Sold Jul 2022£340,000 | 3 Bed House23, Wheeler Way, Shanklin, PO37 7HE23, Wheeler Way, Shanklin, PO37 7HE
Schools Nearby
- Gatten and Lake Primary School200 m away
- Broadlea Primary School800 m away
- St Blasius Shanklin CofE Primary Academy1.4 km away
- The Island Free School5.5 km away
- Lift Ryde9.2 km away
- Medina College11.0 km away
More reading links
Public Transport Nearby
The closest station to PO37 7HE is Lake station, which is 800 metres away.
- Lake|800 m away
- Shanklin|900 m away
- Sandown|2.0 km away
- Brading|4.8 km away
