Housing Market Analysis for MERSTONE LANE, PO30 3DE

Are you looking to understand PO30 3DE house prices? Here, we provide a detailed analysis of the latest sold house prices, trends over the years, and key statistics to help you gauge the real estate landscape in this Isle of Wight postcode.

For the location information and nearby amenities in the PO30 3DE area, explore the PO30 3DE Area information page.
For comprehensive crime statistics in the PO30 3DE area, explore the PO30 3DE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO30 3DE postcode area, The average prices are as follows,

  • Detached
    • The average price is around £340,111 median price is £249,000 Standard Deviation is £238,429 with Total Sold: 9
    • The most recent sale happened at this postcode is VENNERS MERSTONE LANE: £740,000 (Sold on 24 May 2018)
    • The first recorded sale happened at this postcode is MERSTONE COTTAGE MERSTONE LANE: £142,000 (Sold on 17 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average PO30 3DE house prices and number of sold houses over the years. This helps understand the price trend over the years in this postcode.

Please note that this data is populated based on the sold houses data given by the Land Registry.

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£740,000 £2,349 1
2011£720,000 £2,286 1
2005£185,000 £1,208 1
2002£402,500 £1,566 2
2001£249,0001
1999£160,0001
1998£60,000 £392 1
1995£142,000 £449 1

All the Sales in the MERSTONE LANE, PO30 3DE

See the table below for more details on the sold house prices in the PO30 3DE, Isle of Wight postcode.

AddressSold DatePrice% Change
VENNERS MERSTONE LANEDetached, FreeholdArea: 315 Sq.mtrAge: before 190024 May 2018£740,0002.78%
14 Feb 2011£720,000First Sale
VALLEY HOUSE MERSTONE LANEDetached, FreeholdArea: 153.2 Sq.mtrAge: 1967-197516 Jul 2005£185,000208.33%
22 Oct 1998£60,000First Sale
MERSTONE COTTAGE MERSTONE LANEDetached, FreeholdArea: 316 Sq.mtrAge: before 190018 Sep 2002£495,000248.59%
17 Mar 1995£142,000First Sale
PADAN ARAN MERSTONE LANEDetached, Freehold03 Jul 2002£310,00024.50%
19 Jul 2001£249,00055.62%
06 Sep 1999£160,000First Sale

Check out the sold house prices near the PO30 3DE postcode. Properties currently for saleProperties currently for rent

MERSTONE LANE, PO30 3DE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO30 3DE postcode area

Nearby Sold House Price Statstics

Knowing the nearby sold house in the area helps gauge the property market in the area. Below data gives house price Statstics of the surrounding area of the PO30 3DE postcode.

  • Detached
    • The average price is around £305,950 median price is £265,000 Standard Deviation is £199,830 with Total Sold: 51
    • The Last 5 Year average price is £492,828 with Total Sold: 13
    • The most recent sale happened at this postcode is , TIENTU MERSTONE LANE: £690,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , MERSTONE COTTAGE MERSTONE LANE: £142,000 (Sold on 17 Mar 1995)
  • Semi-Detached
    • The average price is around £179,517 median price is £179,000 Standard Deviation is £86,892 with Total Sold: 24
    • The Last 5 Year average price is £290,350 with Total Sold: 4
    • The most recent sale happened at this postcode is , CHAPEL COTTAGE CHAPEL LANE: £260,000 (Sold on 29 Jul 2022)
    • The first recorded sale happened at this postcode is , ROSEWOOD MERSTONE LANE: £43,000 (Sold on 01 Nov 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£690,0001
2023£485,000 £4,798 1
2022£641,290 £3,839 3
2021£367,500 £3,079 2
2020£487,500 £3,175 2
2019£399,475 £3,001 4
2018£522,750 £3,239 2
2017£292,500 £2,904 2
2016£390,000 £2,671 1
2014£395,833 £2,569 3
2013£342,000 £2,426 1
2012£238,000 £2,505 1
2011£500,000 £2,127 2
2010£350,000 £2,397 1
2005£185,000 £1,208 1
2004£225,0001
2003£260,000 £1,423 2
2002£402,500 £1,566 2
2001£209,167 £1,370 3
2000£250,000 £1,131 1
1999£117,000 £816 4
1998£94,333 £783 3
1997£83,900 £587 3
1996£77,500 £531 1
1995£91,500 £416 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£260,000 £3,611 1
2021£346,500 £3,051 2
2019£208,400 £2,894 1
2017£241,250 £2,808 2
2016£238,000 £1,776 1
2015£212,000 £1,910 1
2014£254,000 £1,894 2
2012£175,000 £2,431 1
2009£183,000 £1,578 1
2006£235,000 £2,043 1
2004£145,0001
2003£130,000 £1,516 1
2002£127,500 £1,771 1
2001£95,000 £698 2
2000£106,000 £707 2
1999£88,667 £690 3
1995£43,000 £371 1

House Type in PO30 3DE area

The most common house types in the PO30 3DE postcode area are Semi-detached (81), Detached (38), and Terraced (13).

Total132
Semi-detached81
Detached38
Terraced13
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (63), and Owned: Owns with a mortgage or loan (39).

Owned: Owns outright63
Owned: Owns with a mortgage or loan39
Social rented: Other social rented14
Private rented: Private landlord or letting agency11
Private rented: Other private rented5
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the PO30 3DE have 2 people in household (62), and 1 person in household (28).

2 people in household62
1 person in household28
3 people in household17
4 people in household13
5 people in household7
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0