15, Princes Way
15, Princes Way
Description & Estimates
Public records show 15, Princes Way, Shanklin to be a mid-century freehold house with 688 ft2 of internal area, sitting on a 478 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
15, Princes Way, Shanklin has an estimated sale value of £247,755 and an estimated rental value of £1,202 per month, assuming reasonable condition and based on the information available.
Princes Way, Shanklin, PO37 lies within the PO37 postal district.
Our Data Sources
15, Princes Way, Shanklin has a single entry in the Land Registry from March 2022 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 15, Princes Way, Shanklin would be worth £260,143, with a potential rental value of £1,262 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £230,412, with a rental value of £1,117 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 15, Princes Way, Shanklin has dropped by £6,958 (2.8%) over the last year. During the same period, its estimated monthly rental value has risen by £65 (5.4%). The property's estimated gross yield is currently 5.8%.
Plot Size
15, Princes Way, Shanklin occupies a 478 m2 plot as recorded by HM Land Registry.
All 13 other houses in this postcode have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
15, Princes Way, Shanklin has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 06 Dec 2021.
The property is not connected to mains gas and has fully double glazed windows. It is heated using No system present: electric heaters assumed.
Sold Prices
15, Princes Way, Shanklin last changed hands on 31st March 2022, selling for £275,000. The transaction was logged as a freehold house by HM Land Registry.
That is its only recorded sale since 1995.
The market for similar properties has dropped by 12.4% since March 2022.
- Sold Mar 2022£275,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 700 metres of 15, Princes Way, Shanklin across the last 2 years.
Most recently, 13, Princes Way, Shanklin, PO37 7DY, a freehold house, sold at £267,000 on the 4th February 2026.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 15, Princes Way, Shanklin as the 21st largest and the 21st most expensive of the 23 addresses on Princes Way, Shanklin, PO37.
Against the PO37 postcode district average, it is £11k less expensive than the typical property.
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Schools Nearby
- 400mGatten and Lake Primary School
- 900mBroadlea Primary School
- 1.2kmSt Blasius Shanklin CofE Primary Academy
- 5.2kmThe Island Free School
- 9.2kmLift Ryde
- 10.8kmMedina College
More reading links
Public Transport Nearby
Shanklin station is the nearest stop to 15, Princes Way, Shanklin at 700 metres away.
- 700mShanklin
- 1.1kmLake
- 2.2kmSandown
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
