Housing Market Analysis for MILL HILL ROAD, PO31 7EA

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

Overview of Sold House prices

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

Flat
- The average price is around £125,556 median price is £126,250 Standard Deviation is £43,506 with Total Sold: 18
- The Last 5 Year average price is £151,667 with Total Sold: 9
- The most recent sale happened at this postcode is FLAT 1, ROPEWORKS COURT, 6 MILL HILL ROAD: £135,000 (Sold on 22 May 2024)
- The first recorded sale happened at this postcode is FLAT 2, 5 MILL HILL ROAD: £198,000 (Sold on 03 Nov 2022)
Semi-Detached
- The average price is around £149,600 median price is £170,000 Standard Deviation is £53,969 with Total Sold: 5
- The Last 5 Year average price is £170,000 with Total Sold: 1
- The most recent sale happened at this postcode is 8A, ROPEWORKS COURT, 6 MILL HILL ROAD: £170,000 (Sold on 15 Dec 2023)
- The first recorded sale happened at this postcode is 3 MILL HILL ROAD: £58,000 (Sold on 18 Oct 1999)
Terraced
- The average price is around £177,800 median price is £171,000 Standard Deviation is £26,170 with Total Sold: 5
- The Last 5 Year average price is £152,750 with Total Sold: 2
- The most recent sale happened at this postcode is 4 MILL HILL ROAD: £139,500 (Sold on 29 Sep 2021)
- The first recorded sale happened at this postcode is 4 MILL HILL ROAD: £166,000 (Sold on 19 Mar 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 7EA 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	£135,000		1
2023	£170,000	£2,313	1
2022	£172,667	£2,907	3
2021	£157,000	£2,418	2
2019	£114,000	£1,515	2
2018	£129,750	£1,954	4
2014	£90,000	£2,093	1
2012	£107,750	£1,954	2
2001	£35,000	£897	1
1998	£35,500	£418	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£170,000	£3,864	1
2017	£150,000	£2,514	2
2015	£220,000		1
1999	£58,000	£1,018	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£139,500		1
2017	£206,250	£2,312	2
2016	£171,000		1
2024	£166,000		1

All the Sales in the MILL HILL ROAD, PO31 7EA

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

Address	Sold Date	Price	% Change
FLAT 1, ROPEWORKS COURT, 6 MILL HILL ROADFlat, Leasehold	22 May 2024	£135,000	5.88%
FLAT 1, ROPEWORKS COURT, 6 MILL HILL ROADFlat, Leasehold	27 Sep 2012	£127,500	First Sale
8A, ROPEWORKS COURT, 6 MILL HILL ROADSemi-Detached, FreeholdArea: 44 Sq.mtrAge: 2007-2011	15 Dec 2023	£170,000	30.77%
	27 Oct 2017	£130,000	First Sale
FLAT 7, ROPEWORKS COURT, 6 MILL HILL ROADFlat, LeaseholdArea: 73.5 Sq.mtr	08 Nov 2023	£170,000	17.24%
	10 Dec 2018	£145,000	First Sale
FLAT 2, 5 MILL HILL ROADFlat, Leasehold	29 Sep 2022	£195,000	-1.52%
FLAT 2, 5 MILL HILL ROADFlat, Leasehold	03 Nov 2022	£198,000	First Sale
FLAT 2, ROPEWORKS COURT, 6 MILL HILL ROADFlat, LeaseholdArea: 43 Sq.mtrAge: 2007-2011	18 Mar 2022	£125,000	38.89%
	12 Jun 2014	£90,000	2.27%
	12 Dec 2012	£88,000	First Sale
4 MILL HILL ROADTerraced, Freehold	29 Sep 2021	£139,500	-15.96%
4 MILL HILL ROADTerraced, Freehold	19 Mar 2024	£166,000	First Sale
FLAT 4, ROPEWORKS COURT, 6 MILL HILL ROADFlat, LeaseholdArea: 64 Sq.mtrAge: 2012 onwards	05 Aug 2021	£164,000	26.15%
	01 Jun 2018	£130,000	First Sale
FLAT 5, ROPEWORKS COURT, 6 MILL HILL ROADFlat, LeaseholdArea: 66 Sq.mtrAge: 1930-1949	30 Jun 2021	£150,000	20.00%
	01 Mar 2018	£125,000	First Sale
9A MILL HILL ROADFlat, LeaseholdArea: 85 Sq.mtrAge: 1930-1949	18 Dec 2019	£105,000	195.77%
	30 Jan 1998	£35,500	First Sale
FLAT 3, ROPEWORKS COURT, 6 MILL HILL ROADFlat, LeaseholdArea: 68.5 Sq.mtr	10 Apr 2019	£123,000	First Sale
FLAT 6, ROPEWORKS COURT, 6 MILL HILL ROADFlat, LeaseholdArea: 62 Sq.mtr	21 Jun 2018	£119,000	First Sale
8 MILL HILL ROADSemi-Detached, FreeholdArea: 82 Sq.mtr	22 Nov 2017	£170,000	First Sale
BANYAN, 10 MILL HILL ROADTerraced, FreeholdArea: 93 Sq.mtr	09 Nov 2017	£215,000	First Sale
10D MILL HILL ROADTerraced, Freehold	16 Jan 2017	£197,500	First Sale
10E MILL HILL ROADTerraced, Freehold	30 Sep 2016	£171,000	First Sale
10 MILL HILL ROADSemi-Detached, Freehold	02 Jun 2015	£220,000	First Sale
2C MILL HILL ROADFlat, LeaseholdArea: 39 Sq.mtrAge: before 1900	18 Sep 2001	£35,000	First Sale
3 MILL HILL ROADSemi-Detached, FreeholdArea: 57 Sq.mtrAge: 1967-1975	18 Oct 1999	£58,000	First Sale

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

MILL HILL ROAD, PO31 7EA Near By properties

Interactive Map

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

Flat
- The average price is around £152,244 median price is £125,000 Standard Deviation is £101,041 with Total Sold: 1,030
- The Last 5 Year average price is £201,025 with Total Sold: 201
- 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 FLAT 2, GRIFFIN HOUSE ADMIRAL GARDENS: £87,500 (Sold on 06 Feb 1995)
Other
- The average price is around £808,386 median price is £295,000 Standard Deviation is £2,133,840 with Total Sold: 69
- The Last 5 Year average price is £985,443 with Total Sold: 43
- The most recent sale happened at this postcode is , 25 CASTLE STREET: £160,000 (Sold on 20 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 £143,351 median price is £138,500 Standard Deviation is £92,686 with Total Sold: 2,277
- The Last 5 Year average price is £248,717 with Total Sold: 311
- 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)
Detached
- The average price is around £228,192 median price is £193,500 Standard Deviation is £176,834 with Total Sold: 289
- The Last 5 Year average price is £408,221 with Total Sold: 41
- The most recent sale happened at this postcode is , REGENT HOUSE MARKET HILL: £360,000 (Sold on 31 Jul 2024)
- The first recorded sale happened at this postcode is , 118 ST MARYS ROAD: £31,000 (Sold on 10 Mar 1995)
Semi-Detached
- The average price is around £169,698 median price is £164,878 Standard Deviation is £126,399 with Total Sold: 884
- The Last 5 Year average price is £279,561 with Total Sold: 138
- The most recent sale happened at this postcode is , 11 CASTLE ROAD: £650,000 (Sold on 19 Jun 2024)
- The first recorded sale happened at this postcode is , 68 STEPHENSON ROAD: £45,000 (Sold on 06 Jan 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£202,775	£3,297	20
2023	£213,583	£3,205	30
2022	£219,177	£3,324	39
2021	£191,772	£2,816	39
2020	£193,311	£2,752	37
2019	£187,878	£2,815	36
2018	£187,474	£2,925	38
2017	£173,028	£2,695	27
2016	£197,412	£2,789	38
2015	£145,167	£2,138	27
2014	£170,155	£2,308	29
2013	£158,557	£2,451	34
2012	£138,569	£2,307	18
2011	£173,405	£2,542	33
2010	£169,595	£2,516	31
2009	£142,116	£2,030	43
2008	£159,321	£2,542	45
2007	£240,086	£3,118	80
2006	£139,040	£2,334	42
2005	£148,255	£2,382	43
2004	£130,361	£2,114	37
2003	£136,439	£1,787	36
2002	£84,199	£1,220	38
2001	£86,323	£1,423	34
2000	£69,392	£1,062	30
1999	£54,750	£828	24
1998	£47,774	£722	33
1997	£52,738	£800	30
1996	£57,348	£1,075	23
1995	£58,997	£1,065	16

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£397,500		4
2023	£1,489,550	£3,374	10
2022	£181,150	£3,295	3
2021	£369,700	£11,585	5
2020	£306,611	£3,281	10
2019	£1,857,318	£2,334	11
2018	£597,200	£2,130	10
2017	£652,980	£2,079	8
2016	£361,300	£2,171	5
2014	£136,000	£1,898	2
2013	£130,214		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£260,914	£3,303	22
2023	£248,426	£3,125	41
2022	£272,940	£3,168	67
2021	£256,674	£2,924	64
2020	£224,726	£2,391	65
2019	£232,770	£2,714	52
2018	£198,280	£2,375	64
2017	£198,610	£2,329	75
2016	£184,797	£2,141	69
2015	£188,453	£2,130	65
2014	£162,821	£2,123	64
2013	£191,256	£2,029	66
2012	£155,782	£1,886	53
2011	£167,781	£2,012	48
2010	£166,823	£2,110	51
2009	£170,492	£1,949	63
2008	£163,877	£1,986	72
2007	£173,957	£2,097	106
2006	£166,890	£1,995	103
2005	£153,922	£1,827	99
2004	£151,771	£1,882	101
2003	£114,512	£1,433	93
2002	£104,160	£1,268	115
2001	£83,065	£1,023	102
2000	£72,536	£885	100
1999	£59,235	£731	105
1998	£49,619	£620	103
1997	£43,984	£538	102
1996	£38,570	£520	92
1995	£39,187	£480	55

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£470,000		3
2023	£566,250	£4,868	4
2022	£411,555	£3,748	10
2021	£520,688	£3,577	8
2020	£263,000	£2,507	7
2019	£326,667	£3,141	9
2018	£428,851	£3,364	9
2017	£303,286	£2,554	7
2016	£268,050	£2,674	9
2015	£251,100	£2,149	5
2014	£390,800	£2,278	10
2013	£300,625	£2,082	4
2012	£342,800	£2,025	5
2011	£244,375	£1,934	4
2010	£246,450	£2,332	10
2009	£191,600	£1,886	5
2008	£261,993	£2,558	7
2007	£310,893	£2,620	14
2006	£213,889	£1,794	9
2005	£197,119	£2,353	8
2004	£216,461	£2,157	14
2003	£193,831	£1,973	18
2002	£159,967	£1,238	15
2001	£131,763	£1,063	19
2000	£134,290	£1,244	16
1999	£94,867	£729	15
1998	£117,571	£587	7
1997	£106,051	£719	14
1996	£55,775	£696	15
1995	£56,494	£384	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£334,200	£4,032	5
2023	£303,467	£3,102	18
2022	£320,910	£3,283	25
2021	£285,508	£2,714	32
2020	£260,628	£2,473	27
2019	£233,873	£2,268	31
2018	£273,880	£2,267	25
2017	£262,718	£2,302	31
2016	£208,379	£2,042	21
2015	£219,509	£2,131	29
2014	£234,997	£2,218	31
2013	£182,369	£1,933	18
2012	£185,623	£1,859	24
2011	£203,529	£1,785	17
2010	£184,720	£1,941	25
2009	£224,760	£1,832	25
2008	£188,625	£2,063	16
2007	£204,245	£2,144	44
2006	£189,765	£1,871	34
2005	£181,040	£1,908	36
2004	£169,701	£1,860	47
2003	£144,275	£1,405	26
2002	£117,436	£1,113	32
2001	£89,690	£903	41
2000	£86,084	£878	31
1999	£60,598	£697	48
1998	£61,345	£674	32
1997	£53,383	£531	33
1996	£43,330	£423	41
1995	£45,288	£473	39

House Type in PO31 7EA area

The most common house types in the PO31 7EA postcode area are Terraced (57), Flat (41), and Shared house (10).

Total	118
Terraced	57
Flat	41
Shared house	10
Semi-detached	8
Detached	2
converted building	0
commercial building	0
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 (40), and Social rented: Other social rented (28).

Private rented: Private landlord or letting agency	40
Social rented: Other social rented	28
Owned: Owns with a mortgage or loan	24
Owned: Owns outright	20
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the PO31 7EA have 1 person in household (56), and 2 people in household (41).

1 person in household	56
2 people in household	41
3 people in household	11
4 people in household	8
5 people in household	3
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0