Average Price for property in Esplanade, Shanklin, PO37 is around £206,611 which varies based on type of property you are interested in and ranges from £524,199 for detached house to around £221,844 for semi-detached. Similarly terraced house is around £355,077 and a flat is worth £170,961. Values have been changing and have risen £2,522 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £7,604 in last 6 months, £16,213 in last 1 year, £24,852 in last 2 years, £24,613 in last 3 years, £21,587 in last 4 years and £22,487 in last 5 years.
Currently average asking price of a property in Esplanade, Shanklin, PO37 is around £249,116 based on approximately 2 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 Esplanade, Shanklin, PO37 is £206,611. Average asking price is £249,116 while average price paid is £172,500 which is up by £16,213 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 Esplanade, Shanklin, PO37 area. In last 1 year alone average price buyer paid is around £172,500 based on approximately 2 sales in Esplanade, Shanklin, PO37 area alone. If you compare it to last 3 years sales of 4 properties where buyers paid around £171,250. 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 £171,250 for 4 and average amount paid for purchase of approx. 5 properties sold in last 7 years comes to about £165,000 per sale.