Western Road - PO37 7NE
Key Postcode Insights
PO37 7NE is a residential postcode situated on Western Road, Shanklin, PO37 with 4 addresses.
It ranks as the 141st largest and 403rd 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 4 properties: 2 houses and 2 flats.
- Ave. Sale Price
- £255,426
- 10 Year change
- up 23.7%
- Ave. Rental Price
- £1,122pcm
- 10 Year change
- up 45.5%
- Ave. £ per ft²
- £252/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
PO37 7NE is a residential postcode situated on Western Road, Shanklin, PO37 with 4 addresses.
It ranks as the 141st largest and 403rd 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 4 properties: 2 houses and 2 flats.
- Ave. Sale Price
- £255,426
- 10 Year change
- up 23.7%
- Ave. Rental Price
- £1,122pcm
- 10 Year change
- up 45.5%
- Ave. £ per ft²
- £252/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Propertiesin PO37 7NE
- 2 Western Road
4 Bed Period House
- 4 Western Road
3 Bed Period House
- 6 Western Road
Building | 2 Flats
Sales Market Trends
The last sale in PO37 7NE sold for £232,500 on 16th September 2022. Since then prices are down an average of 9.8%.
The current average value in the postcode is £255,426.
The PO37 7NE Sales Market has increased by 23.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £255,426 |
| June 2025 | -0.7% | £265,934 |
| June 2024 | -5.3% | £267,879 |
| June 2023 | 1.1% | £282,745 |
| June 2022 | 11.2% | £279,695 |
| June 2021 | 11% | £251,635 |
| June 2020 | 4.5% | £226,603 |
| June 2019 | 2.9% | £216,915 |
| June 2018 | 0.5% | £210,702 |
| June 2017 | 1.5% | £209,614 |
| June 2016 | 5.7% | £206,453 |
| June 2015 | -0.2% | £195,309 |
| June 2014 | 3.8% | £195,744 |
| June 2013 | -0.4% | £188,566 |
| June 2012 | -1.7% | £189,284 |
| June 2011 | -1.7% | £192,463 |
| June 2010 | 5.5% | £195,708 |
| June 2009 | -10.5% | £185,589 |
| June 2008 | -2.3% | £207,447 |
| June 2007 | 0% | £212,416 |
Rental Market Trends
The current average rental value in the postcode is £1,122.
The PO37 7NE Rental Market has increased by 45.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,122pcm |
| June 2025 | 4.1% | £1,087pcm |
| June 2024 | 5.9% | £1,044pcm |
| June 2023 | 6.7% | £986pcm |
| June 2022 | 9% | £924pcm |
| June 2021 | 8.9% | £848pcm |
| June 2020 | 1% | £779pcm |
| June 2019 | 3% | £771pcm |
| June 2018 | -2% | £748pcm |
| June 2017 | -1% | £763pcm |
| June 2016 | 5.8% | £771pcm |
| June 2015 | 4.9% | £729pcm |
| June 2014 | 2.6% | £695pcm |
| June 2013 | 1.1% | £677pcm |
| June 2012 | 0.6% | £670pcm |
| June 2011 | 2.5% | £666pcm |
| June 2010 | 5.8% | £650pcm |
| June 2009 | -3.8% | £614pcm |
| June 2008 | 2.8% | £638pcm |
| June 2007 | 0% | £621pcm |
Sales History
The last sale was on 16th September 2022 for £232,500 and since then the market in the area has decreased by 9.8%. The postcode has had a total of 3 sales since 1995.
PO37 7NE has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2022£232,500 | 3 Bed Flat6B, Western Road, Shanklin, PO37 7NE6B, Western Road, Shanklin, PO37 7NE
- Sold Jan 2022£205,000 | 3 Bed Flat6A, Western Road, Shanklin, PO37 7NE6A, Western Road, Shanklin, PO37 7NE
- Sold Mar 1999£48,000 | 3 Bed House4, Western Road, Shanklin, PO37 7NE4, Western Road, Shanklin, PO37 7NE
Nearby Postcodes
PO37 7NE is the 141st largest and the 403rd most expensive postcode out of the 827 postcodes in the PO37 area.
- PO37 6JW, High Street, Shanklin, PO37PO37 6JW7 Addresses|25 m away
- PO37 7NB, Hatherton Road, Shanklin, PO37PO37 7NB17 Addresses|41 m away
- PO37 6JZ, High Street, Shanklin, PO37PO37 6JZ5 Addresses|45 m away
- PO37 7BN, Orchardleigh Mews, Shanklin, PO37PO37 7BN5 Addresses|51 m away
- PO37 6JY, High Street, Shanklin, PO37PO37 6JY21 Addresses|58 m away
Property Types
- 2 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- period house (2)
- period flat (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Sep 2022£360,000 | 3 Bed House44, Western Road, Shanklin, PO37 7NF44, Western Road, Shanklin, PO37 7NF
- Sold Apr 2022£309,950 | 4 Bed House50, Western Road, Shanklin, PO37 7NF50, Western Road, Shanklin, PO37 7NF
- Sold Mar 2022£285,000 | 3 Bed House5, Western Road, Shanklin, PO37 7NF5, Western Road, Shanklin, PO37 7NF
Schools Nearby
- St Blasius Shanklin CofE Primary Academy200 m away
- Gatten and Lake Primary School1.2 km away
- Broadlea Primary School2.1 km away
- The Island Free School4.2 km away
- Lift Ryde10.5 km away
- Medina College11.7 km away
More reading links
Public Transport Nearby
The closest station to PO37 7NE is Shanklin station, which is 500 metres away.
- Shanklin|500 m away
- Lake|2.1 km away
- Sandown|3.3 km away
- Brading|6.2 km away
