Be the first Estate
Agent here!
Prospect Road is a residential street with 84 addresses.
It ranks as the 389th largest and 96th most expensive of the 424 streets in the PO37 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 84 properties: 10 houses and 74 flats.
Prospect Road is a residential street with 84 addresses.
It ranks as the 389th largest and 96th most expensive of the 424 streets in the PO37 area. The dominant property type is a modern flat built after 1980.
The street contains a total of 84 properties: 10 houses and 74 flats.
Sale prices range from £90,212 for 1 bedroom leasehold flats (193 ft2) to £725,558 for 6 bedroom freehold houses with a garden (3,541 ft2) .
Monthly rental prices range from £417 pcm for 1 bed flats to £2,341 pcm for 6 bed houses.
The gross rental yield is between 3.8% and 7.8%.
The average value per square foot is £258.
The last sale on Prospect Road sold for £220,000 on 13th March 2026. Since then prices are up an average of 0.5%.
The current average value in the street is £215,481.
The Prospect Road Sales Market has increased by 20.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -4.4% | £215,481 |
| May 2025 | -0.6% | £225,492 |
| May 2024 | -5.5% | £226,934 |
| May 2023 | 2.5% | £240,241 |
| May 2022 | 9.6% | £234,329 |
| May 2021 | 10.8% | £213,824 |
| May 2020 | 3.8% | £192,908 |
| May 2019 | 2.8% | £185,814 |
| May 2018 | 0.1% | £180,689 |
| May 2017 | 0.9% | £180,499 |
| May 2016 | 5.1% | £178,893 |
| May 2015 | 0% | £170,257 |
| May 2014 | 4.1% | £170,326 |
| May 2013 | -0.8% | £163,548 |
| May 2012 | -2.5% | £164,802 |
| May 2011 | -1.1% | £168,969 |
| May 2010 | 4.6% | £170,855 |
| May 2009 | -12% | £163,383 |
| May 2008 | -1.2% | £185,675 |
| May 2007 | 0% | £187,948 |
The current average rental value in the street is £898.
The Prospect Road Rental Market has increased by 43.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.7% | £898pcm |
| May 2025 | 4.4% | £867pcm |
| May 2024 | 6.1% | £830pcm |
| May 2023 | 6.1% | £782pcm |
| May 2022 | 8.5% | £738pcm |
| May 2021 | 7.8% | £680pcm |
| May 2020 | 1.3% | £631pcm |
| May 2019 | 2.7% | £622pcm |
| May 2018 | -2.5% | £606pcm |
| May 2017 | -0.9% | £622pcm |
| May 2016 | 5.6% | £627pcm |
| May 2015 | 4.8% | £594pcm |
| May 2014 | 2% | £567pcm |
| May 2013 | 1.1% | £556pcm |
| May 2012 | 0.2% | £550pcm |
| May 2011 | 2.4% | £549pcm |
| May 2010 | 4.6% | £536pcm |
| May 2009 | -4.3% | £512pcm |
| May 2008 | 2.6% | £535pcm |
| May 2007 | 0% | £522pcm |
The last sale was on 13th March 2026 for £220,000 and since then the market in the area has increased by 0.5%. The street has had a total of 156 sales since 1995.
Prospect Road, Shanklin, PO37 has seen 9 sales in the last three years and 2 sales in the last twelve months.
Prospect Road, Shanklin, PO37 is the 389th largest and the 96th most expensive street in the PO37 area.
There are 3 postcodes on Prospect Road, Shanklin, PO37.
The closest station to Prospect Road, Shanklin, PO37 is Shanklin station which is 600 metres away.
Be the first Estate
Agent here!
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around Prospect Road, Shanklin, PO37, 53.9% of property is privately owned outright and 26.2% is privately rented.
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 Prospect Road, Shanklin, PO37, 7.8% of residents are recorded as possessing school level qualifications and 27.8% 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 Prospect Road, Shanklin, PO37, the average age was 49.3 and the most common age was 62.
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 Prospect Road, Shanklin, PO37, 0.5% 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 Prospect Road, Shanklin, PO37, there are an average of 1.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.