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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, Flat 4, 16, Prospect Road, Shanklin is a period leasehold apartment with 527 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 4, 16, Prospect Road, Shanklin is £117,200 and the estimated rental value is £764 per month.
The apartment is within 16, Prospect Road, Shanklin, PO37.
Prospect Road, Shanklin, PO37 is located within the PO37 postal district.
Flat 4, 16, Prospect Road, Shanklin has 21 entries in the Land Registry , most recently in July 2018 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If Flat 4, 16, Prospect Road, Shanklin is in very good condition we estimate a sale value of £123,060 and a rental value of £802 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £108,996 and a rental value of £711 per month.
Over the last 12 months the sale value of Flat 4 16 Prospect Road Shanklin has decreased by an estimated £5,951 (5.1%) and its rental value has increased by an estimated £23 per month (3.0%), giving an expected gross yield of 7.8%.
Flat 4, 16, Prospect Road, Shanklin has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 29 Mar 2018.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
According to HM Land Registry, Flat 4, 16, Prospect Road, Shanklin was last sold on 13th July 2018 for £55,000 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since July 2018, the market for similar properties has risen 15.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 4, 16, Prospect Road, Shanklin within a radius of 580 metres over the last 2 years.
The most recent example is Upper Lodge, Broadlands Lodge 14, Palmerston Road, Shanklin, PO37 6AS, a leasehold flat which sold for £105,000 on the 21st November 2025.
Read more about house prices in PO37.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Prospect Road, Shanklin, PO37 has a total of 84 addresses. According to our analysis of all the public data, Flat 4, 16, Prospect Road, Shanklin is the 77th largest and the 83rd most expensive property on the street.
When compared to the postcode district it is £141k less expensive than the average property in PO37.
The closest station to Flat 4, 16, Prospect Road, Shanklin is Shanklin station which is 600 metres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around Flat 4, 16, Prospect Road, Shanklin, 44.3% of property is privately rented and 38.6% is privately owned outright.
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 Flat 4, 16, Prospect Road, Shanklin, 10.1% of residents are recorded as possessing school level qualifications and 19.1% 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 Flat 4, 16, Prospect Road, Shanklin, 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 Flat 4, 16, Prospect Road, Shanklin, 0.0% 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 Flat 4, 16, Prospect Road, Shanklin, 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.
