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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO37 7HEHouse Prices / South East, Isle of Wight, Wheeler Way
Last updated May 2026
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 619th 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 10 properties: 10 houses.
10
Properties
- Houses
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 619th 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 10 properties: 10 houses.
10
Properties
- Houses
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House Pricesin PO37 7HE
Sale prices range from £300,408 for 3 bedroom freehold houses with a garden (667 ft2) to £384,703 for 3 bedroom freehold houses with a garden (1,071 ft2) .
Monthly rental prices range from £1,093 pcm for 3 bed houses to £1,281 pcm for 3 bed houses.
The gross rental yield is between 4.0% and 4.4%.
The average value per square foot is £418.
Average Sale Value
£337,952
Average Rental Value
£1,183 pcm
Average Rental Yield
4.2% /year
Average Value Per Sqft
£418 /ft2
Sales Market Trendsin PO37 7HE
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 £337,952.
The PO37 7HE Sales Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.1% | £337,952 |
| April 2025 | 0.1% | £348,616 |
| April 2024 | -6.8% | £348,374 |
| April 2023 | 4.7% | £373,821 |
| April 2022 | 10.5% | £356,973 |
| April 2021 | 14.3% | £322,966 |
| April 2020 | 2.4% | £282,499 |
| April 2019 | 2.9% | £275,871 |
| April 2018 | 1.7% | £268,132 |
| April 2017 | 2.6% | £263,704 |
| April 2016 | 5.6% | £257,066 |
| April 2015 | 0.6% | £243,405 |
| April 2014 | 5.6% | £241,915 |
| April 2013 | 1.4% | £229,174 |
| April 2012 | -2.8% | £226,094 |
| April 2011 | 0.7% | £232,500 |
| April 2010 | 3.5% | £230,948 |
| April 2009 | -12.2% | £223,155 |
| April 2008 | -0.6% | £254,248 |
| April 2007 | 0% | £255,813 |
Rental Market Trendsin PO37 7HE
The current average rental value in the postcode is £1,183.
The PO37 7HE Rental Market has increased by 57.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.1% | £1,183pcm |
| April 2025 | 5.8% | £1,126pcm |
| April 2024 | 4.6% | £1,064pcm |
| April 2023 | 6.3% | £1,017pcm |
| April 2022 | 11.6% | £957pcm |
| April 2021 | 9.6% | £857pcm |
| April 2020 | 1.3% | £782pcm |
| April 2019 | 2.4% | £772pcm |
| April 2018 | -0.8% | £754pcm |
| April 2017 | 0.9% | £760pcm |
| April 2016 | 6.6% | £753pcm |
| April 2015 | 5.9% | £706pcm |
| April 2014 | 2.2% | £666pcm |
| April 2013 | 3% | £652pcm |
| April 2012 | 1.3% | £633pcm |
| April 2011 | 2.6% | £625pcm |
| April 2010 | 4.7% | £610pcm |
| April 2009 | -4.8% | £582pcm |
| April 2008 | 3% | £611pcm |
| April 2007 | 0% | £594pcm |
Explore Propertiesin PO37 7HE, Wheeler Way, Shanklin, PO37
- 15, Wheeler Way, Shanklin, PO37 7HE
- 17, Wheeler Way, Shanklin, PO37 7HE3 bed house
- 19, Wheeler Way, Shanklin, PO37 7HE3 bed mid-century house
- 21, Wheeler Way, Shanklin, PO37 7HE
- 23, Wheeler Way, Shanklin, PO37 7HE3 bed mid-century house
- 25, Wheeler Way, Shanklin, PO37 7HE3 bed mid-century house
- 27, Wheeler Way, Shanklin, PO37 7HE3 bed mid-century house
- 29, Wheeler Way, Shanklin, PO37 7HE3 bed mid-century house
- 31, Wheeler Way, Shanklin, PO37 7HE3 bed mid-century house
- 33, Wheeler Way, Shanklin, PO37 7HE
Sales Historyin PO37 7HE
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 HouseWheeler Way31, Wheeler Way, Shanklin, PO37 7HE
Sold Jul 2022£340,000 | 3 Bed HouseWheeler Way23, Wheeler Way, Shanklin, PO37 7HE
Sold Jun 2021£363,000 | 3 Bed HouseWheeler Way31, Wheeler Way, Shanklin, PO37 7HE
Sold Dec 2019£226,250 | 3 Bed HouseWheeler Way25, Wheeler Way, Shanklin, PO37 7HE
Sold Jul 2019£250,000 | 3 Bed HouseWheeler Way27, Wheeler Way, Shanklin, PO37 7HE
Sold Jan 2018£290,000 | 3 Bed HouseWheeler Way31, Wheeler Way, Shanklin, PO37 7HE
Sold Jun 2016£232,000 | 3 Bed HouseWheeler Way29, Wheeler Way, Shanklin, PO37 7HE
Sold Mar 2016£210,000 | 3 Bed HouseWheeler Way27, Wheeler Way, Shanklin, PO37 7HE
Sold Feb 2014£172,500 | 3 Bed HouseWheeler Way29, Wheeler Way, Shanklin, PO37 7HE
Sold Oct 2012£160,000 | 3 Bed HouseWheeler Way27, Wheeler Way, Shanklin, PO37 7HE
Sold Sep 2011£236,000 | 3 Bed HouseWheeler Way17, Wheeler Way, Shanklin, PO37 7HE
Sold Jan 2004£151,000 | 3 Bed HouseWheeler Way33, Wheeler Way, Shanklin, PO37 7HE
Sold Jul 2000£137,000 | 3 Bed HouseWheeler Way15, Wheeler Way, Shanklin, PO37 7HE
Sold Jan 1999£84,950 | 3 Bed HouseWheeler Way15, Wheeler Way, Shanklin, PO37 7HE
Sold Mar 1996£59,000 | 3 Bed HouseWheeler Way23, Wheeler Way, Shanklin, PO37 7HE
Nearby Postcodesto PO37 7HE
PO37 7HE is the 353rd largest and the 619th most expensive postcode out of the 827 postcodes in the PO37 area.
- 57 mPO37 7EZ, Green Lane, Shanklin, PO37PO37 7EZ7 Addresses
- 67 mPO37 7HF, Wheeler Way, Shanklin, PO37PO37 7HF10 Addresses
- 111 mPO37 7EU, Green Lane, Shanklin, PO37PO37 7EU14 Addresses
- 119 mPO37 7DE, Oaklyn Gardens, Shanklin, PO37PO37 7DE8 Addresses
- 123 mPO37 7ES, Lovett Way, Shanklin, PO37PO37 7ES6 Addresses
- 139 mPO37 7ET, Whitecross Avenue, Shanklin, PO37PO37 7ET12 Addresses
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Property Typesin PO37 7HE
- 6 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 3 other addresses of unknown type
- mid-century house (6)
- house (1)
- Unknown (3)
Energy Efficiencyof properties in PO37 7HE
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (4)
Schools Nearbyto PO37 7HE
The nearest primary school to PO37 7HE is Gatten and Lake Primary School which is 156 metres away.
- 156mGatten and Lake Primary School
- 775mBroadlea Primary School
- 1.4kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 5.5 kilometres away.
- 5.5kmThe Island Free School
- 9.2kmLift Ryde
- 11.0kmMedina College
More reading links
Public Transport Nearbyto PO37 7HE
The closest station to PO37 7HE is Lake station which is 800 metres away.
- 804mLake
- 888mShanklin
- 2.0kmSandown
- 4.8kmBrading
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