Average Price for property in Pomona Road, Shanklin, PO37 is around £424,577 which varies based on type of property you are interested in and ranges from £288,174 for detached house to around £549,617 for semi-detached. Similarly terraced house is around £572,345. Values have been changing and have risen £5,190 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £15,646 in last 6 months, £33,363 in last 1 year, £51,136 in last 2 years, £50,636 in last 3 years, £44,400 in last 4 years and £46,247 in last 5 years.
Currently average asking price of a property in Pomona Road, Shanklin, PO37 is around £249,116 based on approximately 1 properties for sale. Same is the case with rental options based on 11 properties up for rent, average asking rent is around £667 per month.
Estimated property value in Pomona Road, Shanklin, PO37 is £424,577. Average asking price is £249,116 while average price paid is £520,000 which is up by £33,363 and Avg. asking rent £667.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Pomona Road, Shanklin, PO37 area. In last 1 year alone average price buyer paid is around £520,000 based on approximately 1 sales in Pomona Road, Shanklin, PO37 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £502,500. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £366,250 for 4 and average amount paid for purchase of approx. 4 properties sold in last 7 years comes to about £366,250 per sale.