Average Price for property in Prospect Road, Shanklin, PO37 is around £175,332 which varies based on type of property you are interested in and ranges from £265,226 for detached house to around £189,725 for semi-detached. Similarly flat is around £171,524. Values have been changing and have risen £2,032 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £6,123 in last 6 months, £13,057 in last 1 year, £20,012 in last 2 years, £19,819 in last 3 years, £17,383 in last 4 years and £18,109 in last 5 years.
Currently average asking price of a property in Prospect Road, Shanklin, PO37 is around £249,116 based on approximately 5 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 Prospect Road, Shanklin, PO37 is £175,332. Average asking price is £249,116 while average price paid is £165,000 which is up by £13,057 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 Prospect Road, Shanklin, PO37 area. In last 1 year alone average price buyer paid is around £165,000 based on approximately 5 sales in Prospect Road, Shanklin, PO37 area alone. If you compare it to last 3 years sales of 15 properties where buyers paid around £171,330. 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 £161,020 for 20 and average amount paid for purchase of approx. 29 properties sold in last 7 years comes to about £163,425 per sale.