Key Street Insights
Prospect Road is a residential street with 84 addresses.
It ranks as the 389th largest and 83rd most expensive of the 424 streets in the PO37 area. The most common property type is a modern flat built after 1980.
The street contains a total of 84 properties: 8 houses, 75 flats and 1 other property.
- Ave. Sale Price
- £213,100
- 10 Year change
- up 19.8%
- Ave. Rental Price
- £944pcm
- 10 Year change
- up 43.2%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Street Insights
Prospect Road is a residential street with 84 addresses.
It ranks as the 389th largest and 83rd most expensive of the 424 streets in the PO37 area. The most common property type is a modern flat built after 1980.
The street contains a total of 84 properties: 8 houses, 75 flats and 1 other property.
- Ave. Sale Price
- £213,100
- 10 Year change
- up 19.8%
- Ave. Rental Price
- £944pcm
- 10 Year change
- up 43.2%
- Ave. £ per ft²
- £255/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Properties on Prospect Road, Shanklin, PO37
- 1 Prospect Mews Prospect Road
4 Bed Modern House
- 2 Prospect Mews Prospect Road
4 Bed Modern House
- 3 Prospect Mews Prospect Road
3 Bed Modern House
- 4 Prospect Mews Prospect Road
3 Bed Modern House
- Joanna
Mid-century Building | 6 Units
Sales Market Trends
The last sale on Prospect Road sold for £141,000 on 15th May 2026. Since then prices are down an average of 0.6%.
The current average value in the street is £213,100.
The Prospect Road Sales Market has increased by 19.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | -4.3% | £213,100 |
| July 2025 | -1.6% | £222,713 |
| July 2024 | -4.1% | £226,334 |
| July 2023 | -0.6% | £236,132 |
| July 2022 | 10.6% | £237,458 |
| July 2021 | 9.8% | £214,755 |
| July 2020 | 5.6% | £195,510 |
| July 2019 | 3% | £185,193 |
| July 2018 | -0.2% | £179,830 |
| July 2017 | 1.3% | £180,115 |
| July 2016 | 5.2% | £177,810 |
| July 2015 | -0.4% | £169,040 |
| July 2014 | 3.4% | £169,767 |
| July 2013 | -0.2% | £164,155 |
| July 2012 | -1.5% | £164,541 |
| July 2011 | -2.2% | £167,015 |
| July 2010 | 4.4% | £170,791 |
| July 2009 | -9.4% | £163,534 |
| July 2008 | -4.3% | £180,584 |
| July 2007 | 0% | £188,654 |
Rental Market Trends
The current average rental value in the street is £944.
The Prospect Road Rental Market has increased by 43.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| July 2026 | 3.4% | £944pcm |
| July 2025 | 2.1% | £913pcm |
| July 2024 | 5.5% | £894pcm |
| July 2023 | 8.3% | £847pcm |
| July 2022 | 8.7% | £783pcm |
| July 2021 | 5.9% | £720pcm |
| July 2020 | 0.7% | £680pcm |
| July 2019 | 2.9% | £676pcm |
| July 2018 | 1.7% | £657pcm |
| July 2017 | -2% | £646pcm |
| July 2016 | 2.9% | £659pcm |
| July 2015 | 2.1% | £640pcm |
| July 2014 | 1.8% | £627pcm |
| July 2013 | 1.3% | £616pcm |
| July 2012 | 1.4% | £608pcm |
| July 2011 | -1.5% | £600pcm |
| July 2010 | 4.8% | £609pcm |
| July 2009 | -7.1% | £581pcm |
| July 2008 | 2.2% | £626pcm |
| July 2007 | 0% | £612pcm |
Sales History
The last recorded sale was on 15th May 2026 for £141,000 and since then the market in the area has decreased by 0.6%.
Prospect Road, Shanklin, PO37 has had 3 sales since 1995, with 3 in the last three years and 2 in the last twelve months.
- Sold May 2026£141,000 | 2 Bed FlatFlat 5, Shanklin Towers, Prospect Road, Shanklin, PO37 6ADFlat 5, Shanklin Towers, Prospect Road, Shanklin, PO37 6AD
- Sold Mar 2026£220,000 | 2 Bed FlatFlat 2, Shanklin Towers, Prospect Road, Shanklin, PO37 6ADFlat 2, Shanklin Towers, Prospect Road, Shanklin, PO37 6AD
- Sold Aug 2025£155,000 | 2 Bed FlatFlat 38, Shanklin Towers, Prospect Road, Shanklin, PO37 6ADFlat 38, Shanklin Towers, Prospect Road, Shanklin, PO37 6AD
Top 3 Most Expensive Sales
- Sold Sep 2019£450,000 | 6 Bed House34, Prospect Road, Shanklin, PO37 6AE34, Prospect Road, Shanklin, PO37 6AE
- Sold Dec 2009£330,000 | 4 Bed House22, Prospect Road, Shanklin, PO37 6AE22, Prospect Road, Shanklin, PO37 6AE
- Sold Jun 2014£330,000 | 4 Bed House22, Prospect Road, Shanklin, PO37 6AE22, Prospect Road, Shanklin, PO37 6AE
Nearby Streets
Prospect Road, Shanklin, PO37 is the 389th largest and the 83rd most expensive street in the PO37 area.
- Steephill Road, Shanklin, PO3724 Addresses|68 m away
- High Street, Shanklin, PO37130 Addresses|86 m away
- Eastcliff Road, Shanklin, PO3717 Addresses|126 m away
- Palmerston Road, Shanklin, PO3751 Addresses|130 m away
- Orchardleigh Road, Shanklin, PO3736 Addresses|138 m away
- Yarborough Arcade, Shanklin, PO3714 Addresses|138 m away
Sections of this street
There are 3 postcodes on Prospect Road, Shanklin, PO37.
- House prices in PO37 6AD44 Addresses
- House prices in PO37 6AE36 Addresses
- House prices in PO37 6FE4 Addresses
Property Types
- 1 period house built between 1800 and 1911
- 6 period flats built between 1800 and 1911
- 4 modern houses built after 1980
- 53 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 8 mid-century flats built between 1936 and 1979
- 2 early-century houses built between 1912 and 1935
- 8 early-century flats built between 1912 and 1935
- 1 other address of unknown type
- period house (1)
- period flat (6)
- modern house (4)
- modern flat (53)
- mid-century house (1)
- mid-century flat (8)
- early-century house (2)
- early-century flat (8)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 63 properties.
- The most common rating is C.
- A (0)
- E (4)
- B (0)
- F (0)
- C (42)
- G (0)
- D (17)
- No EPC (21)
Schools Nearby
- St Blasius Shanklin CofE Primary Academy300 m away
- Gatten and Lake Primary School1.3 km away
- Broadlea Primary School2.1 km away
- The Island Free School4.2 km away
- Lift Ryde10.5 km away
- Medina College11.8 km away
More reading links
Public Transport Nearby
The closest station to Prospect Road, Shanklin, PO37 is Shanklin station, which is 600 metres away.
- Shanklin|600 m away
- Lake|2.2 km away
- Sandown|3.4 km away