Housing Market Analysis for GROVE ROAD, PO31 7JP

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £130,143 median price is £158,000 Standard Deviation is £68,484 with Total Sold: 7
    • The Last 5 Year average price is £215,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 GROVE ROAD: £185,000 (Sold on 03 Aug 2018)
    • The first recorded sale happened at this postcode is 1 GROVE ROAD: £215,000 (Sold on 18 Dec 2023)
  • Semi-Detached
    • The average price is around £33,000 median price is £33,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is BRIGHSTONE GROVE ROAD: £33,000 (Sold on 02 Mar 1995)
    • The first recorded sale happened at this postcode is BRIGHSTONE GROVE ROAD: £33,000 (Sold on 02 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 7JP 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£185,000 £2,256 1
2008£190,0001
2005£158,000 £1,800 1
2003£80,000 £976 1
1998£45,5001
1997£37,500 £427 1
2023£215,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£33,0001

All the Sales in the GROVE ROAD, PO31 7JP

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

AddressSold DatePrice% Change
1 GROVE ROADTerraced, FreeholdArea: 82 Sq.mtrAge: 1900-192903 Aug 2018£185,000131.25%
26 Mar 2003£80,000-62.79%
18 Dec 2023£215,000First Sale
3 GROVE ROADTerraced, Freehold26 Sep 2008£190,000317.58%
05 Jun 1998£45,500First Sale
2 GROVE ROADTerraced, FreeholdArea: 87.78 Sq.mtrAge: 1900-192903 Jun 2005£158,000321.33%
08 Sep 1997£37,500First Sale
BRIGHSTONE GROVE ROADSemi-Detached, Freehold02 Mar 1995£33,000First Sale

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

GROVE ROAD, PO31 7JP Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £162,884 median price is £160,000 Standard Deviation is £94,657 with Total Sold: 1,702
    • The Last 5 Year average price is £270,420 with Total Sold: 251
    • 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 , 68 STEPHENSON ROAD: £45,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £152,365 median price is £125,000 Standard Deviation is £99,715 with Total Sold: 824
    • The Last 5 Year average price is £186,287 with Total Sold: 152
    • 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)
  • Detached
    • The average price is around £215,565 median price is £195,500 Standard Deviation is £129,413 with Total Sold: 635
    • The Last 5 Year average price is £358,094 with Total Sold: 83
    • 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)
  • Terraced
    • The average price is around £134,224 median price is £136,000 Standard Deviation is £77,482 with Total Sold: 2,447
    • The Last 5 Year average price is £226,432 with Total Sold: 325
    • 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 , 1 TENNYSON ROAD: £27,000 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £471,932 median price is £279,975 Standard Deviation is £808,490 with Total Sold: 40
    • The Last 5 Year average price is £477,502 with Total Sold: 26
    • The most recent sale happened at this postcode is , 41 BIRMINGHAM ROAD: £750,000 (Sold on 14 Aug 2024)
    • The first recorded sale happened at this postcode is , EMPIRE BUILDINGS ST MARYS ROAD: £130,214 (Sold on 09 Oct 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£267,071 £3,449 14
2023£302,719 £3,189 36
2022£331,093 £3,241 35
2021£275,650 £2,865 58
2020£246,782 £2,545 51
2019£229,417 £2,292 57
2018£224,667 £2,357 52
2017£217,088 £2,343 60
2016£210,473 £2,248 46
2015£210,009 £2,145 50
2014£206,868 £2,170 70
2013£185,296 £1,945 39
2012£184,178 £1,917 39
2011£186,854 £1,901 48
2010£182,590 £1,907 46
2009£200,761 £1,808 44
2008£186,828 £2,031 32
2007£190,346 £1,985 82
2006£174,408 £1,899 71
2005£160,574 £1,781 63
2004£160,121 £1,911 110
2003£127,768 £1,515 74
2002£111,390 £1,212 88
2001£93,644 £1,035 92
2000£83,254 £801 56
1999£61,576 £680 71
1998£58,776 £621 57
1997£48,437 £500 49
1996£46,857 £446 61
1995£42,819 £440 51
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£200,533 £3,129 15
2023£212,021 £3,124 24
2022£174,218 £3,267 25
2021£190,550 £2,805 32
2020£183,414 £2,640 29
2019£164,707 £2,470 27
2018£161,972 £2,639 27
2017£170,862 £2,565 20
2016£202,833 £2,734 32
2015£141,812 £2,173 24
2014£179,833 £2,454 24
2013£172,535 £2,557 27
2012£139,956 £2,333 17
2011£175,145 £2,484 30
2010£162,248 £2,439 30
2009£141,541 £2,049 37
2008£162,939 £2,568 42
2007£249,006 £3,142 74
2006£144,117 £2,319 30
2005£152,070 £2,402 35
2004£133,300 £2,048 30
2003£153,993 £1,812 21
2002£65,345 £1,116 33
2001£81,548 £1,414 23
2000£62,112 £1,039 24
1999£61,005 £849 19
1998£41,152 £739 22
1997£56,282 £878 22
1996£63,456 £1,116 17
1995£65,250 £1,156 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£555,000 £4,101 7
2023£393,861 £3,818 9
2022£359,658 £3,725 13
2021£395,611 £3,180 18
2020£275,971 £2,629 17
2019£305,474 £3,050 19
2018£355,053 £3,007 19
2017£294,389 £2,759 17
2016£280,152 £2,714 26
2015£261,750 £2,384 20
2014£286,852 £2,371 27
2013£214,594 £2,420 16
2012£285,091 £2,134 11
2011£236,738 £2,435 21
2010£239,248 £2,521 20
2009£207,077 £1,947 13
2008£244,265 £2,471 13
2007£258,641 £2,218 32
2006£212,215 £2,203 23
2005£209,071 £2,144 19
2004£205,607 £2,014 42
2003£176,824 £1,834 34
2002£145,961 £1,504 43
2001£129,978 £1,250 38
2000£112,968 £1,154 24
1999£83,333 £943 24
1998£106,471 £848 13
1997£79,803 £477 17
1996£64,962 £630 26
1995£58,604 £503 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£258,483 £3,193 24
2023£236,149 £2,951 50
2022£255,844 £2,976 61
2021£239,220 £2,727 69
2020£193,510 £2,327 70
2019£194,530 £2,413 51
2018£189,860 £2,319 65
2017£183,876 £2,112 75
2016£179,224 £2,036 79
2015£172,145 £2,060 73
2014£153,030 £2,001 69
2013£174,237 £1,881 69
2012£155,352 £1,860 61
2011£154,869 £1,950 61
2010£155,208 £1,930 52
2009£163,831 £1,937 65
2008£159,566 £1,903 74
2007£170,645 £2,014 116
2006£156,120 £1,929 105
2005£148,588 £1,741 111
2004£143,852 £1,803 112
2003£111,006 £1,379 97
2002£99,727 £1,197 125
2001£78,539 £937 114
2000£68,780 £834 103
1999£54,324 £673 115
1998£46,623 £588 108
1997£41,332 £491 119
1996£37,433 £464 96
1995£36,370 £436 58
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£495,0002
2023£1,258,600 £3,374 5
2022£146,725 £3,295 2
2021£416,167 £11,585 3
2020£220,159 £3,281 7
2019£292,714 £2,542 7
2018£984,400 £1,863 5
2017£437,500 £3,187 2
2016£125,000 £1,724 4
2014£17,5002
2013£130,2141

House Type in PO31 7JP area

The most common house types in the PO31 7JP postcode area are Semi-detached (51), Terraced (36), and Flat (31).

Total140
Semi-detached51
Terraced36
Flat31
Detached17
Shared house4
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (59), and Private rented: Private landlord or letting agency (42).

Owned: Owns with a mortgage or loan59
Private rented: Private landlord or letting agency42
Owned: Owns outright34
Shared ownership: Shared ownership4
Private rented: Other private rented2
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the PO31 7JP have 1 person in household (50), and 2 people in household (48).

1 person in household50
2 people in household48
3 people in household19
4 people in household14
5 people in household5
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0