Housing Market Analysis for MEDINA GARDENS, PO31 7AA

Are you looking to understand PO31 7AA 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 PO31 7AA area, explore the PO31 7AA Area information page.
For comprehensive crime statistics in the PO31 7AA area, explore the PO31 7AA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO31 7AA postcode area, The average prices are as follows,

Flat
- The average price is around £272,260 median price is £250,000 Standard Deviation is £68,068 with Total Sold: 25
- The Last 5 Year average price is £353,750 with Total Sold: 4
- The most recent sale happened at this postcode is FLAT 28, DRAKE HOUSE MEDINA GARDENS: £350,000 (Sold on 21 Aug 2023)
- The first recorded sale happened at this postcode is FLAT 26, DRAKE HOUSE MEDINA GARDENS: £365,000 (Sold on 08 Aug 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 7AA 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£350,000	£3,763	2
2022	£350,000	£3,804	1
2016	£210,000	£2,258	1
2014	£205,000	£2,161	2
2013	£295,000		1
2011	£225,000	£2,363	1
2010	£200,000	£2,135	1
2009	£223,167	£2,002	3
2008	£187,000		1
2007	£323,000	£3,673	5
2006	£235,000	£2,568	3
2005	£257,500	£2,723	2
2004	£360,000		1
2024	£365,000		1

All the Sales in the MEDINA GARDENS, PO31 7AA

See the table below for more details on the sold house prices in the PO31 7AA, Isle of Wight postcode.

Address	Sold Date	Price	% Change
FLAT 28, DRAKE HOUSE MEDINA GARDENSFlat, LeaseholdArea: 93 Sq.mtrAge: 2003-2006	21 Aug 2023	£350,000	0.0
	21 Aug 2023	£350,000	66.67%
	29 Jan 2016	£210,000	-16.00%
	21 Dec 2006	£250,000	First Sale
FLAT 25, DRAKE HOUSE MEDINA GARDENSFlat, LeaseholdArea: 92 Sq.mtrAge: 1991-1995	19 Dec 2022	£350,000	First Sale
FLAT 22, DRAKE HOUSE MEDINA GARDENSFlat, LeaseholdArea: 96 Sq.mtrAge: 2003-2006	20 Nov 2014	£175,000	-25.53%
	04 May 2006	£235,000	First Sale
FLAT 24, DRAKE HOUSE MEDINA GARDENSFlat, LeaseholdArea: 94 Sq.mtrAge: 2003-2006	25 Apr 2014	£235,000	-11.32%
	14 Dec 2005	£265,000	First Sale
FLAT 34, DRAKE HOUSE MEDINA GARDENSFlat, Leasehold	26 Jul 2013	£295,000	-20.27%
	24 Jul 2007	£370,000	2.78%
	10 Dec 2004	£360,000	First Sale
FLAT 33, DRAKE HOUSE MEDINA GARDENSFlat, LeaseholdArea: 95.2 Sq.mtrAge: 2003-2006	05 May 2011	£225,000	-10.00%
	14 Jun 2005	£250,000	First Sale
FLAT 21, DRAKE HOUSE MEDINA GARDENSFlat, LeaseholdArea: 93.67 Sq.mtrAge: 2003-2006	26 May 2010	£200,000	First Sale
FLAT 27, DRAKE HOUSE MEDINA GARDENSFlat, Leasehold	27 Nov 2009	£320,000	-9.86%
FLAT 27, DRAKE HOUSE MEDINA GARDENSFlat, Leasehold	18 May 2007	£355,000	First Sale
FLAT 20, DRAKE HOUSE MEDINA GARDENSFlat, LeaseholdArea: 93.67 Sq.mtrAge: 2003-2006	21 Aug 2009	£187,500	First Sale
FLAT 29, DRAKE HOUSE MEDINA GARDENSFlat, Leasehold	09 Jun 2009	£162,000	-35.20%
FLAT 29, DRAKE HOUSE MEDINA GARDENSFlat, Leasehold	05 Feb 2007	£250,000	First Sale
FLAT 31, DRAKE HOUSE MEDINA GARDENSFlat, Leasehold	19 Dec 2008	£187,000	First Sale
FLAT 32, DRAKE HOUSE MEDINA GARDENSFlat, Leasehold	30 Jul 2007	£280,000	First Sale
FLAT 26, DRAKE HOUSE MEDINA GARDENSFlat, LeaseholdArea: 98 Sq.mtrAge: 2003-2006	18 Apr 2007	£360,000	-1.37%
	08 Aug 2024	£365,000	First Sale
FLAT 23, DRAKE HOUSE MEDINA GARDENSFlat, Leasehold	11 Aug 2006	£220,000	First Sale

Check out the sold house prices near the PO31 7AA postcode. Properties currently for saleProperties currently for rent

MEDINA GARDENS, PO31 7AA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO31 7AA 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 PO31 7AA postcode.

Semi-Detached
- The average price is around £176,214 median price is £163,000 Standard Deviation is £139,802 with Total Sold: 910
- The Last 5 Year average price is £279,039 with Total Sold: 137
- The most recent sale happened at this postcode is , 3 CORONATION ROAD: £260,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 91 VICTORIA ROAD: £23,000 (Sold on 17 Jan 1995)
Flat
- The average price is around £169,438 median price is £133,000 Standard Deviation is £132,551 with Total Sold: 1,230
- The Last 5 Year average price is £230,907 with Total Sold: 214
- The most recent sale happened at this postcode is , FLAT 27 ADMIRAL GARDENS: £272,500 (Sold on 04 Sep 2024)
- The first recorded sale happened at this postcode is , 49 THE GREEN: £32,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £248,595 median price is £200,000 Standard Deviation is £207,177 with Total Sold: 436
- The Last 5 Year average price is £449,304 with Total Sold: 66
- The most recent sale happened at this postcode is , 57 WARD AVENUE: £600,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 6 FIRS CLOSE: £55,000 (Sold on 03 Mar 1995)
Other
- The average price is around £435,420 median price is £250,000 Standard Deviation is £718,921 with Total Sold: 69
- The Last 5 Year average price is £405,820 with Total Sold: 42
- The most recent sale happened at this postcode is FLAT 1A, OSBORNE COURT THE PARADE: £55,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , EMPIRE BUILDINGS ST MARYS ROAD: £130,214 (Sold on 09 Oct 2013)
Terraced
- The average price is around £152,306 median price is £140,000 Standard Deviation is £107,109 with Total Sold: 1,996
- The Last 5 Year average price is £270,154 with Total Sold: 267
- The most recent sale happened at this postcode is , 37 ST MARYS ROAD: £220,000 (Sold on 15 Aug 2024)
- The first recorded sale happened at this postcode is , 44 YORK STREET: £21,000 (Sold on 16 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£356,333	£3,864	9
2023	£300,311	£3,515	19
2022	£309,538	£3,162	20
2021	£275,007	£3,012	35
2020	£271,535	£2,710	26
2019	£229,982	£2,385	28
2018	£303,957	£2,364	23
2017	£295,610	£2,509	39
2016	£220,404	£2,359	23
2015	£215,590	£2,213	30
2014	£240,872	£2,309	32
2013	£204,099	£1,989	21
2012	£177,773	£1,908	22
2011	£201,719	£1,921	16
2010	£192,231	£1,959	26
2009	£216,040	£1,858	31
2008	£230,000	£2,240	15
2007	£209,268	£2,208	46
2006	£198,069	£1,920	36
2005	£195,443	£2,039	37
2004	£172,579	£1,884	50
2003	£149,738	£1,466	28
2002	£124,952	£1,177	33
2001	£92,820	£939	40
2000	£87,098	£864	31
1999	£60,867	£724	47
1998	£62,014	£699	35
1997	£54,082	£562	38
1996	£43,639	£440	37
1995	£47,169	£524	37

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£215,891	£3,485	23
2023	£229,839	£3,321	28
2022	£278,586	£3,717	40
2021	£234,226	£3,206	47
2020	£237,224	£2,877	40
2019	£177,003	£2,723	36
2018	£203,583	£2,890	42
2017	£200,371	£2,804	29
2016	£205,156	£2,824	49
2015	£178,212	£2,342	33
2014	£198,554	£2,640	36
2013	£175,657	£2,565	38
2012	£139,469	£2,500	24
2011	£181,084	£2,584	40
2010	£190,711	£2,489	40
2009	£165,064	£2,207	47
2008	£220,384	£2,758	56
2007	£281,190	£3,337	96
2006	£151,356	£2,443	52
2005	£150,454	£2,461	51
2004	£154,018	£2,263	49
2003	£165,495	£1,855	29
2002	£112,511	£1,520	49
2001	£91,101	£1,441	36
2000	£74,711	£1,136	37
1999	£58,725	£831	34
1998	£55,991	£769	48
1997	£50,949	£755	38
1996	£52,075	£897	40
1995	£61,476	£1,017	23

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£565,556	£4,101	9
2023	£542,667	£5,111	9
2022	£381,805	£3,845	10
2021	£422,227	£3,765	11
2020	£467,321	£3,206	14
2019	£359,615	£3,488	13
2018	£402,743	£3,277	13
2017	£274,778	£2,804	9
2016	£288,963	£2,765	15
2015	£292,278	£2,529	18
2014	£418,917	£2,814	18
2013	£312,542	£2,660	12
2012	£324,328	£2,347	9
2011	£254,455	£2,591	11
2010	£260,846	£2,731	13
2009	£204,714	£2,149	7
2008	£253,994	£2,526	9
2007	£274,500	£2,414	19
2006	£224,062	£2,244	16
2005	£237,496	£2,694	12
2004	£232,553	£2,169	17
2003	£189,804	£1,799	23
2002	£172,291	£1,661	22
2001	£145,150	£1,336	20
2000	£147,620	£1,337	21
1999	£100,000	£820	17
1998	£110,346	£889	13
1997	£99,433	£784	20
1996	£68,992	£758	23
1995	£64,419	£503	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£256,143		7
2023	£868,188	£3,374	8
2022	£269,975	£3,295	2
2021	£183,000	£7,115	4
2020	£240,636	£2,536	11
2019	£438,700	£2,472	10
2018	£505,154	£2,358	13
2017	£650,230	£2,079	8
2016	£233,500	£2,008	3
2014	£160,000		1
2013	£185,107		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£290,481	£3,303	21
2023	£257,968	£3,216	31
2022	£285,202	£3,319	52
2021	£284,732	£3,054	60
2020	£249,782	£2,506	60
2019	£258,901	£2,965	43
2018	£223,518	£2,468	53
2017	£211,558	£2,424	65
2016	£191,513	£2,222	61
2015	£198,517	£2,203	56
2014	£173,820	£2,170	58
2013	£197,179	£2,054	61
2012	£164,744	£1,946	47
2011	£180,643	£2,092	42
2010	£189,767	£2,246	45
2009	£176,105	£1,997	52
2008	£174,153	£2,001	62
2007	£185,458	£2,077	91
2006	£175,742	£2,045	92
2005	£166,846	£1,900	89
2004	£152,225	£1,863	87
2003	£119,113	£1,500	79
2002	£107,357	£1,263	106
2001	£90,933	£1,066	83
2000	£84,807	£950	94
1999	£63,734	£783	88
1998	£51,452	£651	92
1997	£45,274	£546	90
1996	£40,291	£519	84
1995	£44,101	£517	52

House Type in PO31 7AA area

The most common house types in the PO31 7AA postcode area are Flat (56), Terraced (35), and Semi-detached (12).

Total	120
Flat	56
Terraced	35
Semi-detached	12
Detached	11
Shared house	4
commercial building	2
converted building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (57), and Private rented: Private landlord or letting agency (33).

Owned: Owns outright	57
Private rented: Private landlord or letting agency	33
Owned: Owns with a mortgage or loan	17
Private rented: Other private rented	4
Social rented: Other social rented	3
Shared ownership: Shared ownership	2
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the PO31 7AA have 1 person in household (64), and 2 people in household (47).

1 person in household	64
2 people in household	47
4 people in household	4
3 people in household	2
7 people in household	1
0 people in household	0
5 people in household	0
6 people in household	0
8 or more people in household	0