Albert Road - PO37 7LY
Key Postcode Insights
PO37 7LY is a residential postcode situated on Albert Road, Shanklin, PO37 with 10 addresses.
It ranks as the 355th largest and 438th most expensive of the 827 postcodes in the PO37 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £251,650
- 10 Year change
- up 31.5%
- Ave. Rental Price
- £1,371pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £236/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
PO37 7LY is a residential postcode situated on Albert Road, Shanklin, PO37 with 10 addresses.
It ranks as the 355th largest and 438th most expensive of the 827 postcodes in the PO37 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 10 properties: 10 houses.
- Ave. Sale Price
- £251,650
- 10 Year change
- up 31.5%
- Ave. Rental Price
- £1,371pcm
- 10 Year change
- up 53.6%
- Ave. £ per ft²
- £236/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertiesin PO37 7LY
- 1 Albert Road
4 Bed Period House
- 2 Albert Road
3 Bed Period House
- 3 Albert Road
4 Bed Period House
- 4 Albert Road
3 Bed Period House
- 5 Albert Road
3 Bed Period House
Sales Market Trends
The last sale in PO37 7LY sold for £350,000 on 4th December 2024. Since then prices are down an average of 3.5%.
The current average value in the postcode is £251,650.
The PO37 7LY Sales Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £251,650 |
| June 2025 | 0.4% | £262,449 |
| June 2024 | -6.3% | £261,368 |
| June 2023 | 1.2% | £278,843 |
| June 2022 | 12.3% | £275,522 |
| June 2021 | 12.3% | £245,364 |
| June 2020 | 5.4% | £218,408 |
| June 2019 | 3.7% | £207,278 |
| June 2018 | 1.8% | £199,832 |
| June 2017 | 2.6% | £196,293 |
| June 2016 | 6.6% | £191,379 |
| June 2015 | 0.4% | £179,503 |
| June 2014 | 3.6% | £178,807 |
| June 2013 | -1% | £172,596 |
| June 2012 | -0.9% | £174,389 |
| June 2011 | -0.5% | £175,976 |
| June 2010 | 7.9% | £176,939 |
| June 2009 | -9.5% | £163,930 |
| June 2008 | -1.8% | £181,115 |
| June 2007 | 0% | £184,382 |
Rental Market Trends
The current average rental value in the postcode is £1,371.
The PO37 7LY Rental Market has increased by 53.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,371pcm |
| June 2025 | 4.7% | £1,331pcm |
| June 2024 | 5.5% | £1,271pcm |
| June 2023 | 6.9% | £1,205pcm |
| June 2022 | 10.5% | £1,127pcm |
| June 2021 | 10.1% | £1,020pcm |
| June 2020 | 1.1% | £926pcm |
| June 2019 | 3.2% | £916pcm |
| June 2018 | -0.5% | £887pcm |
| June 2017 | 0% | £892pcm |
| June 2016 | 6.4% | £892pcm |
| June 2015 | 4.9% | £838pcm |
| June 2014 | 3% | £799pcm |
| June 2013 | 1.2% | £776pcm |
| June 2012 | 1% | £767pcm |
| June 2011 | 4.3% | £759pcm |
| June 2010 | 8% | £728pcm |
| June 2009 | -3% | £674pcm |
| June 2008 | 3.3% | £695pcm |
| June 2007 | 0% | £673pcm |
Sales History
The last sale was on 4th December 2024 for £350,000 and since then the market in the area has decreased by 3.5%. The postcode has had a total of 11 sales since 1995.
PO37 7LY has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Dec 2024£350,000 | 4 Bed House3, Albert Road, Shanklin, PO37 7LY3, Albert Road, Shanklin, PO37 7LY
- Sold Jul 2024£175,000 | 3 Bed House4, Albert Road, Shanklin, PO37 7LY4, Albert Road, Shanklin, PO37 7LY
- Sold Dec 2019£310,000 | 4 Bed House1, Albert Road, Shanklin, PO37 7LY1, Albert Road, Shanklin, PO37 7LY
- Sold Sep 2017£145,000 | 3 Bed House5, Albert Road, Shanklin, PO37 7LY5, Albert Road, Shanklin, PO37 7LY
- Sold Sep 2014£135,000 | 4 Bed House1, Albert Road, Shanklin, PO37 7LY1, Albert Road, Shanklin, PO37 7LY
Nearby Postcodes
PO37 7LY is the 355th largest and the 438th most expensive postcode out of the 827 postcodes in the PO37 area.
- PO37 7LX, Garfield Road, Shanklin, PO37PO37 7LX25 Addresses|48 m away
- PO37 7NA, Hatherton Road, Shanklin, PO37PO37 7NA18 Addresses|61 m away
- PO37 7LZ, Brook Road, Shanklin, PO37PO37 7LZ26 Addresses|72 m away
- PO37 7LT, Northbourne Avenue, Shanklin, PO37PO37 7LT12 Addresses|102 m away
- PO37 7NS, Albert Road, Shanklin, PO37PO37 7NS26 Addresses|127 m away
Property Types
- 8 period houses built between 1800 and 1911
- 2 other addresses of unknown type
- period house (8)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (1)
- G (1)
- D (4)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Aug 2022£400,000 | 3 Bed House30, Albert Road, Shanklin, PO37 7NS30, Albert Road, Shanklin, PO37 7NS
- Sold Aug 2022£365,000 | 4 Bed House28, Albert Road, Shanklin, PO37 7NS28, Albert Road, Shanklin, PO37 7NS
- Sold Nov 2021£360,000 | 3 Bed House14, Albert Road, Shanklin, PO37 7NS14, Albert Road, Shanklin, PO37 7NS
Schools Nearby
- St Blasius Shanklin CofE Primary Academy0 m away
- Gatten and Lake Primary School1.2 km away
- Broadlea Primary School2.0 km away
- The Island Free School4.2 km away
- Lift Ryde10.4 km away
- Medina College11.5 km away
More reading links
Public Transport Nearby
The closest station to PO37 7LY is Shanklin station, which is 500 metres away.
- Shanklin|500 m away
- Lake|2.2 km away
- Sandown|3.3 km away
- Brading|6.2 km away