Average Price for property in Sandy Lane, Shanklin, PO37 is around £291,634 which varies based on type of property you are interested in and ranges from £301,426 for detached house to around £258,348 for semi-detached. Similarly terraced house is around £152,581. Values have been changing and have risen £3,606 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,870 in last 6 months, £23,179 in last 1 year, £35,527 in last 2 years, £35,183 in last 3 years, £30,854 in last 4 years and £32,139 in last 5 years.
Currently average asking price of a property in Sandy Lane, 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 Sandy Lane, Shanklin, PO37 is £291,634. Average asking price is £249,116 while average price paid is £259,400 which is up by £23,179 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 Sandy Lane, Shanklin, PO37 area. In last 1 year alone average price buyer paid is around £259,400 based on approximately 5 sales in Sandy Lane, Shanklin, PO37 area alone. If you compare it to last 3 years sales of 7 properties where buyers paid around £252,428. 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 £240,875 for 8 and average amount paid for purchase of approx. 10 properties sold in last 7 years comes to about £246,700 per sale.