Housing Market Analysis for MEDINA GARDENS, PO31 7AZ

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

Overview of Sold House prices

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

Flat
- The average price is around £232,187 median price is £225,000 Standard Deviation is £41,834 with Total Sold: 38
- The Last 5 Year average price is £252,854 with Total Sold: 13
- The most recent sale happened at this postcode is FLAT 10, RALEIGH HOUSE MEDINA GARDENS: £270,000 (Sold on 11 Jan 2024)
- The first recorded sale happened at this postcode is FLAT 8, RALEIGH HOUSE MEDINA GARDENS: £182,000 (Sold on 06 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 7AZ 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
2024	£211,333	£3,039	3
2023	£291,250	£3,399	4
2021	£259,167	£2,933	3
2020	£284,000	£2,559	1
2019	£213,300	£2,957	2
2016	£216,500	£2,030	2
2015	£252,000	£2,730	1
2014	£250,000	£2,684	1
2013	£250,000	£2,884	1
2012	£180,000	£2,483	1
2011	£206,667	£2,552	3
2010	£247,500	£2,679	2
2009	£175,000	£2,465	1
2008	£218,000	£2,340	1
2007	£265,000	£2,493	2
2005	£213,111	£2,552	9
2004	£215,000	£2,329	1

All the Sales in the MEDINA GARDENS, PO31 7AZ

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

Address	Sold Date	Price	% Change
FLAT 10, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 71 Sq.mtrAge: 2003-2006	11 Jan 2024	£270,000	54.29%
	31 Jul 2009	£175,000	First Sale
FLAT 14, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 73 Sq.mtrAge: 1996-2002	19 Jul 2023	£260,000	22.35%
	10 Feb 2021	£212,500	0.24%
	21 Mar 2019	£212,000	12.17%
	28 Feb 2005	£189,000	First Sale
FLAT 12, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 75 Sq.mtrAge: 2003-2006	14 Jul 2023	£250,000	35.14%
	10 Jan 2005	£185,000	First Sale
FLAT 5, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 103.17 Sq.mtrAge: 1996-2002	01 Feb 2023	£345,000	50.00%
	19 Jul 2011	£230,000	-17.86%
	09 Feb 2007	£280,000	First Sale
FLAT 18, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 92.32 Sq.mtrAge: 2003-2006	04 Jan 2023	£310,000	23.02%
	27 Feb 2015	£252,000	17.21%
	22 Oct 2004	£215,000	First Sale
FLAT 3, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 93.16 Sq.mtrAge: 2003-2006	30 Jul 2021	£285,000	14.00%
	29 Aug 2014	£250,000	14.68%
	20 Nov 2008	£218,000	First Sale
FLAT 15, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 99 Sq.mtrAge: 2003-2006	25 Feb 2021	£280,000	14.29%
	26 Nov 2010	£245,000	First Sale
FLAT 11, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 111 Sq.mtrAge: 2003-2006	21 Feb 2020	£284,000	13.60%
	12 Jul 2005	£250,000	First Sale
FLAT 6, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 71.3 Sq.mtrAge: 2003-2006	31 May 2019	£214,600	7.30%
	02 Sep 2011	£200,000	8.70%
	15 Dec 2005	£184,000	First Sale
FLAT 1, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 110 Sq.mtrAge: 2003-2006	07 Apr 2016	£218,000	-12.80%
	22 Mar 2007	£250,000	First Sale
FLAT 9, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 103.46 Sq.mtrAge: 2003-2006	14 Mar 2016	£215,000	First Sale
FLAT 19, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 86.68 Sq.mtrAge: 2003-2006	17 Sep 2013	£250,000	0.0
	21 May 2010	£250,000	First Sale
FLAT 4, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 72.5 Sq.mtrAge: 1996-2002	26 Oct 2012	£180,000	-5.26%
	18 Feb 2011	£190,000	15.15%
	23 Jun 2005	£165,000	First Sale
FLAT 17, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 91.23 Sq.mtrAge: 2003-2006	09 Dec 2005	£220,000	First Sale
FLAT 2, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 73.03 Sq.mtr	29 Apr 2005	£180,000	First Sale
FLAT 8, RALEIGH HOUSE MEDINA GARDENSFlat, LeaseholdArea: 80 Sq.mtrAge: 2003-2006	16 Feb 2005	£270,000	48.35%
	06 Mar 2024	£182,000	0.0
	06 Mar 2024	£182,000	First Sale
FLAT 13, RALEIGH HOUSE MEDINA GARDENSFlat, Leasehold	18 Jan 2005	£275,000	First Sale

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

MEDINA GARDENS, PO31 7AZ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £177,323 median price is £164,000 Standard Deviation is £138,551 with Total Sold: 945
- The Last 5 Year average price is £281,481 with Total Sold: 143
- 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 £168,648 median price is £132,500 Standard Deviation is £132,236 with Total Sold: 1,242
- The Last 5 Year average price is £230,787 with Total Sold: 215
- 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 £254,260 median price is £205,000 Standard Deviation is £209,544 with Total Sold: 437
- The Last 5 Year average price is £459,928 with Total Sold: 69
- 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 , 118 ST MARYS ROAD: £31,000 (Sold on 10 Mar 1995)
Other
- The average price is around £435,986 median price is £250,000 Standard Deviation is £713,783 with Total Sold: 70
- The Last 5 Year average price is £407,429 with Total Sold: 43
- 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 £149,475 median price is £140,000 Standard Deviation is £105,054 with Total Sold: 2,131
- The Last 5 Year average price is £264,238 with Total Sold: 291
- 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	£301,920	£3,434	20
2022	£309,538	£3,162	20
2021	£281,965	£2,927	37
2020	£271,535	£2,710	26
2019	£236,226	£2,347	31
2018	£303,957	£2,364	23
2017	£288,662	£2,452	42
2016	£219,260	£2,295	24
2015	£219,119	£2,195	31
2014	£240,436	£2,288	33
2013	£204,368	£1,984	22
2012	£184,312	£1,881	24
2011	£202,500	£1,908	17
2010	£194,750	£1,947	28
2009	£216,125	£1,836	32
2008	£230,000	£2,240	15
2007	£209,720	£2,194	47
2006	£202,776	£1,889	38
2005	£192,648	£1,986	40
2004	£172,214	£1,878	51
2003	£148,884	£1,463	29
2002	£124,817	£1,146	36
2001	£92,751	£935	41
2000	£86,289	£855	33
1999	£59,989	£700	50
1998	£62,075	£702	34
1997	£53,935	£553	37
1996	£44,094	£430	39
1995	£47,088	£524	36

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£215,891	£3,485	23
2023	£228,983	£3,290	29
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	£153,292	£2,248	51
2003	£163,645	£1,831	30
2002	£111,881	£1,514	50
2001	£89,158	£1,399	39
2000	£74,711	£1,136	37
1999	£58,463	£823	36
1998	£55,991	£769	48
1997	£50,376	£742	40
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	£545,444	£4,781	9
2022	£398,686	£3,802	11
2021	£449,036	£3,561	14
2020	£491,462	£3,126	13
2019	£359,615	£3,488	13
2018	£383,404	£3,172	14
2017	£274,778	£2,804	9
2016	£293,889	£2,728	14
2015	£297,941	£2,502	17
2014	£428,778	£2,751	18
2013	£368,833	£2,808	9
2012	£324,328	£2,347	9
2011	£260,400	£2,642	10
2010	£248,600	£2,541	15
2009	£204,714	£2,149	7
2008	£260,119	£2,526	8
2007	£302,583	£2,380	18
2006	£230,611	£2,030	18
2005	£241,359	£2,763	11
2004	£232,553	£2,169	17
2003	£191,750	£1,799	22
2002	£175,191	£1,600	23
2001	£144,167	£1,269	24
2000	£150,906	£1,315	21
1999	£102,118	£762	17
1998	£112,458	£874	12
1997	£97,651	£724	21
1996	£68,826	£733	24
1995	£68,245	£384	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£256,143		7
2023	£824,500	£3,374	9
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	£287,186	£3,303	22
2023	£254,763	£3,212	34
2022	£277,320	£3,219	61
2021	£278,674	£3,004	64
2020	£241,753	£2,439	66
2019	£254,676	£2,920	44
2018	£218,884	£2,423	57
2017	£206,426	£2,372	71
2016	£187,461	£2,180	65
2015	£195,632	£2,175	60
2014	£171,619	£2,130	59
2013	£195,768	£2,053	63
2012	£158,326	£1,874	52
2011	£175,098	£2,038	46
2010	£186,021	£2,193	48
2009	£175,343	£1,989	51
2008	£170,502	£1,988	70
2007	£183,438	£2,047	94
2006	£172,440	£2,010	95
2005	£164,535	£1,886	94
2004	£150,331	£1,848	91
2003	£117,068	£1,457	86
2002	£106,309	£1,241	108
2001	£89,005	£1,049	91
2000	£83,018	£922	100
1999	£62,155	£758	97
1998	£50,293	£630	99
1997	£44,881	£540	95
1996	£39,507	£506	91
1995	£42,829	£501	57

House Type in PO31 7AZ area

The most common house types in the PO31 7AZ postcode area are Terraced (63), Semi-detached (21), and Flat (18).

Total	133
Terraced	63
Semi-detached	21
Flat	18
Detached	10
converted building	10
Shared house	9
commercial building	2
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (47), and Owned: Owns outright (43).

Private rented: Private landlord or letting agency	47
Owned: Owns outright	43
Owned: Owns with a mortgage or loan	28
Private rented: Other private rented	8
Shared ownership: Shared ownership	3
Social rented: Other social rented	3
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 7AZ have 1 person in household (65), and 2 people in household (45).

1 person in household	65
2 people in household	45
3 people in household	16
4 people in household	6
5 people in household	1
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0