Housing Market Analysis for PARK ROAD, PO31 7LU

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £87,656 median price is £105,000 Standard Deviation is £41,919 with Total Sold: 9
    • The Last 5 Year average price is £149,950 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 5, KINGSWAY PARK ROAD: £111,000 (Sold on 02 Jun 2010)
    • The first recorded sale happened at this postcode is FLAT 3, KINGSWAY PARK ROAD: £149,950 (Sold on 17 Jun 2022)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 7LU 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£111,0001
2007£130,0001
2005£108,000 £2,400 1
2004£105,0001
2003£84,950 £1,888 1
2000£33,500 £713 1
1998£36,5001
1996£30,0001
2022£149,950 £3,190 1

All the Sales in the PARK ROAD, PO31 7LU

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

AddressSold DatePrice% Change
FLAT 5, KINGSWAY PARK ROADFlat, Leasehold02 Jun 2010£111,000-14.62%
06 Mar 2007£130,00023.81%
23 Jul 2004£105,000250.00%
05 Jul 1996£30,000First Sale
FLAT 1, KINGSWAY PARK ROADFlat, LeaseholdArea: 45 Sq.mtrAge: 1967-197502 Dec 2005£108,00027.13%
31 Jul 2003£84,950First Sale
FLAT 6, KINGSWAY PARK ROADFlat, LeaseholdArea: 47 Sq.mtrAge: 1983-199019 Jun 2000£33,500First Sale
FLAT 2, KINGSWAY PARK ROADFlat, Leasehold16 Mar 1998£36,500First Sale
FLAT 3, KINGSWAY PARK ROADFlat, LeaseholdArea: 47 Sq.mtrAge: 1967-197517 Jun 2022£149,950First Sale

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

PARK ROAD, PO31 7LU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £175,104 median price is £164,402 Standard Deviation is £132,730 with Total Sold: 1,116
    • The Last 5 Year average price is £284,494 with Total Sold: 158
    • 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 , 254 PARK ROAD: £65,000 (Sold on 11 Jan 1995)
  • Flat
    • The average price is around £156,375 median price is £126,000 Standard Deviation is £121,321 with Total Sold: 1,064
    • The Last 5 Year average price is £210,574 with Total Sold: 190
    • 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 £241,451 median price is £200,000 Standard Deviation is £193,897 with Total Sold: 523
    • The Last 5 Year average price is £427,347 with Total Sold: 78
    • 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 £432,057 median price is £245,000 Standard Deviation is £714,314 with Total Sold: 70
    • 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 £156,173 median price is £145,000 Standard Deviation is £108,779 with Total Sold: 1,880
    • The Last 5 Year average price is £273,672 with Total Sold: 262
    • 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£347,455 £3,789 11
2023£310,281 £3,557 21
2022£332,364 £3,198 22
2021£280,190 £2,957 42
2020£271,884 £2,670 31
2019£229,152 £2,417 31
2018£299,560 £2,387 29
2017£292,532 £2,512 41
2016£225,977 £2,373 31
2015£220,410 £2,220 31
2014£239,754 £2,307 45
2013£221,399 £2,011 24
2012£179,840 £1,872 25
2011£205,522 £1,954 23
2010£190,286 £1,885 32
2009£215,217 £1,857 38
2008£231,576 £2,079 18
2007£204,550 £2,153 56
2006£195,000 £1,969 51
2005£191,810 £2,058 43
2004£171,197 £1,842 55
2003£145,687 £1,566 38
2002£125,210 £1,153 40
2001£98,956 £994 57
2000£88,653 £844 44
1999£63,032 £719 57
1998£61,543 £690 41
1997£54,449 £548 46
1996£46,577 £441 48
1995£48,450 £506 45
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£204,786 £3,485 21
2023£233,920 £3,295 25
2022£260,470 £3,407 35
2021£220,824 £3,024 42
2020£174,399 £2,453 35
2019£167,675 £2,627 32
2018£196,561 £2,864 41
2017£191,677 £2,680 24
2016£183,691 £2,662 40
2015£176,029 £2,326 34
2014£177,320 £2,378 28
2013£166,856 £2,499 35
2012£140,663 £2,550 23
2011£159,052 £2,492 28
2010£180,527 £2,340 35
2009£165,026 £2,281 39
2008£218,224 £2,739 47
2007£256,431 £3,007 56
2006£148,154 £2,349 47
2005£146,493 £2,379 49
2004£153,477 £2,220 48
2003£166,254 £1,922 25
2002£106,956 £1,428 45
2001£92,930 £1,455 33
2000£70,341 £1,059 33
1999£57,053 £809 31
1998£51,296 £713 45
1997£48,913 £755 34
1996£53,062 £911 36
1995£55,664 £989 18
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£565,556 £4,101 9
2023£542,667 £5,111 9
2022£372,542 £3,805 13
2021£392,938 £3,715 16
2020£455,500 £3,123 15
2019£337,281 £3,375 16
2018£370,627 £3,274 17
2017£279,300 £2,782 10
2016£289,076 £2,803 19
2015£289,300 £2,488 20
2014£386,674 £2,707 23
2013£307,731 £2,630 13
2012£324,328 £2,347 9
2011£251,714 £2,515 14
2010£270,400 £2,940 15
2009£205,333 £2,155 12
2008£253,590 £2,526 10
2007£270,780 £2,386 25
2006£221,605 £2,270 19
2005£243,462 £2,573 13
2004£225,542 £2,057 20
2003£185,720 £1,821 25
2002£167,576 £1,602 25
2001£146,724 £1,294 29
2000£143,679 £1,300 25
1999£102,452 £917 21
1998£109,350 £858 15
1997£99,282 £784 21
1996£67,270 £746 29
1995£63,638 £497 16
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£256,1437
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£225,125 £1,968 4
2014£160,0001
2013£185,1072
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£297,330 £3,154 20
2023£261,797 £3,237 32
2022£290,271 £3,373 48
2021£289,109 £3,000 59
2020£252,634 £2,502 59
2019£260,960 £3,003 44
2018£224,132 £2,513 54
2017£213,582 £2,411 64
2016£195,670 £2,230 58
2015£204,320 £2,191 53
2014£175,187 £2,179 54
2013£201,039 £2,109 60
2012£164,529 £1,909 43
2011£188,153 £2,066 36
2010£192,835 £2,238 47
2009£179,088 £2,017 51
2008£178,606 £2,040 56
2007£190,179 £2,063 85
2006£178,508 £1,991 81
2005£171,219 £1,838 78
2004£158,760 £1,882 70
2003£121,160 £1,516 81
2002£109,406 £1,250 100
2001£92,083 £1,079 83
2000£89,538 £953 83
1999£64,980 £795 87
1998£53,563 £615 84
1997£46,278 £540 88
1996£41,091 £531 75
1995£45,847 £531 47

House Type in PO31 7LU area

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

Total120
Flat56
Terraced35
Semi-detached12
Detached11
Shared house4
commercial building2
converted building0
temporary structure0

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 outright57
Private rented: Private landlord or letting agency33
Owned: Owns with a mortgage or loan17
Private rented: Other private rented4
Social rented: Other social rented3
Shared ownership: Shared ownership2
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

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

1 person in household64
2 people in household47
4 people in household4
3 people in household2
7 people in household1
0 people in household0
5 people in household0
6 people in household0
8 or more people in household0