Housing Market Analysis for PROSPECT ROAD, PO31 7AD

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

Overview of Sold House prices

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

  • Other
    • The average price is around £672,750 median price is £672,750 Standard Deviation is £402,250 with Total Sold: 2
    • The Last 5 Year average price is £1,075,000 with Total Sold: 1
    • The most recent sale happened at this postcode is GOODS VEHICLE TESTING STATION PROSPECT ROAD: £1,075,000 (Sold on 31 Jan 2022)
    • The first recorded sale happened at this postcode is GOODS VEHICLE TESTING STATION PROSPECT ROAD: £270,500 (Sold on 30 Mar 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 7AD 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,075,0001
2015£270,5001

All the Sales in the PROSPECT ROAD, PO31 7AD

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

AddressSold DatePrice% Change
GOODS VEHICLE TESTING STATION PROSPECT ROADOther, Freehold31 Jan 2022£1,075,000297.41%
30 Mar 2015£270,500First Sale

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

PROSPECT ROAD, PO31 7AD Near By properties

Interactive Map

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

  • Detached
    • The average price is around £239,884 median price is £230,000 Standard Deviation is £111,785 with Total Sold: 368
    • The Last 5 Year average price is £362,091 with Total Sold: 53
    • The most recent sale happened at this postcode is , 7 FAIRLEAD ROAD: £410,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 18 PLACE ROAD: £81,500 (Sold on 10 Feb 1995)
  • Terraced
    • The average price is around £161,271 median price is £160,000 Standard Deviation is £70,330 with Total Sold: 104
    • The Last 5 Year average price is £240,084 with Total Sold: 19
    • The most recent sale happened at this postcode is , 15 OSBORNE CHASE: £243,500 (Sold on 03 Jun 2024)
    • The first recorded sale happened at this postcode is , 3 ROGERSON CLOSE: £61,000 (Sold on 27 Jan 1995)
  • Semi-Detached
    • The average price is around £164,839 median price is £165,000 Standard Deviation is £58,843 with Total Sold: 475
    • The Last 5 Year average price is £238,590 with Total Sold: 62
    • The most recent sale happened at this postcode is , 14 BROADFIELDS AVENUE: £295,000 (Sold on 18 Mar 2024)
    • The first recorded sale happened at this postcode is , 8 ASH GROVE: £31,500 (Sold on 12 Apr 1995)
  • Other
    • The average price is around £1,342,412 median price is £252,000 Standard Deviation is £2,243,821 with Total Sold: 17
    • The Last 5 Year average price is £1,072,571 with Total Sold: 7
    • The most recent sale happened at this postcode is , INNERSPACES, 79 PLACE ROAD: £5,500,000 (Sold on 08 Feb 2022)
    • The first recorded sale happened at this postcode is , GOODS VEHICLE TESTING STATION PROSPECT ROAD: £270,500 (Sold on 30 Mar 2015)
  • Flat
    • The average price is around £61,875 median price is £54,750 Standard Deviation is £20,064 with Total Sold: 4
    • The most recent sale happened at this postcode is , 17 RONSONS CLOSE: £95,000 (Sold on 18 Nov 2016)
    • The first recorded sale happened at this postcode is , 18 RONSONS CLOSE: £43,000 (Sold on 17 May 2005)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£410,0001
2023£424,929 £4,125 7
2022£369,688 £4,247 8
2021£398,036 £3,226 9
2020£351,618 £2,651 17
2019£299,000 £2,848 11
2018£396,097 £2,692 15
2017£297,971 £2,804 17
2016£268,208 £2,481 12
2015£260,950 £2,701 10
2014£245,000 £2,506 15
2013£332,188 £2,378 8
2012£226,250 £2,402 8
2011£239,143 £2,354 14
2010£273,038 £2,620 12
2009£248,667 £2,276 6
2008£260,556 £2,553 8
2007£255,750 £2,536 20
2006£241,994 £2,318 18
2005£234,067 £2,388 12
2004£212,266 £2,097 38
2003£181,744 £1,937 24
2002£154,999 £1,563 31
2001£124,729 £1,352 12
2000£115,500 £895 3
1999£85,718 £936 11
1998£94,071 £631 7
1997£93,667 £728 3
1996£54,583 £677 6
1995£68,500 £604 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£243,5001
2023£251,000 £3,356 5
2022£256,250 £3,086 4
2021£321,550 £3,064 2
2020£200,000 £2,404 4
2019£198,333 £2,354 3
2018£225,812 £2,657 8
2017£175,000 £2,318 3
2016£165,417 £2,092 6
2015£178,900 £2,423 5
2014£142,000 £1,797 1
2013£159,500 £2,093 4
2011£176,000 £1,967 3
2010£137,500 £1,693 1
2009£159,750 £1,856 2
2008£147,975 £1,875 2
2007£184,992 £2,167 6
2006£145,500 £1,999 4
2005£90,000 £805 2
2004£144,791 £2,030 11
2003£140,535 £1,803 8
2002£144,167 £1,438 3
2001£77,833 £797 3
2000£59,167 £944 3
1999£59,950 £844 1
1998£49,000 £681 1
1997£48,250 £607 4
1996£46,750 £473 2
1995£51,625 £595 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£268,333 £3,955 3
2023£308,500 £3,955 7
2022£270,000 £3,103 1
2021£267,250 £3,431 10
2020£211,202 £2,577 28
2019£228,607 £2,761 13
2018£219,167 £2,779 9
2017£227,591 £2,460 22
2016£201,184 £2,561 16
2015£186,333 £2,522 15
2014£186,896 £2,388 26
2013£178,364 £2,353 11
2012£177,667 £2,280 9
2011£162,732 £2,215 13
2010£173,667 £2,311 9
2009£169,667 £1,969 9
2008£181,857 £2,042 7
2007£185,615 £2,240 17
2006£173,793 £2,283 22
2005£167,387 £2,099 19
2004£156,950 £2,078 56
2003£137,901 £1,696 55
2002£115,512 £1,474 38
2001£94,967 £1,227 30
2000£77,000 £1,058 6
1999£70,075 £835 6
1998£60,590 £611 5
1997£51,988 £523 4
1996£50,333 £578 6
1995£49,0003
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£3,287,5002
2021£252,0001
2020£228,0002
2019£112,5002
2018£105,0001
2017£487,375 £2,384 4
2016£108,0001
2015£3,287,6254
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£95,000 £2,159 1
2011£49,500 £1,085 1
2009£60,000 £686 1
2005£43,0001

House Type in PO31 7AD area

The most common house types in the PO31 7AD postcode area are Detached (50), Semi-detached (40), and Terraced (23).

Total118
Detached50
Semi-detached40
Terraced23
temporary structure4
Shared house1
Flat0
converted building0
commercial building0

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 (38).

Owned: Owns outright63
Owned: Owns with a mortgage or loan38
Private rented: Private landlord or letting agency13
Private rented: Other private rented4
Social rented: Other social rented1
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 PO31 7AD have 2 people in household (46), and 1 person in household (32).

2 people in household46
1 person in household32
4 people in household20
3 people in household11
5 people in household4
6 people in household4
7 people in household1
0 people in household0
8 or more people in household0