Housing Market Analysis for SMITHARDS LANE, PO31 7PL

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £298,500 median price is £298,500 Standard Deviation is £71,500 with Total Sold: 2
    • The Last 5 Year average price is £298,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 3 SMITHARDS LANE: £370,000 (Sold on 04 Oct 2022)
    • The first recorded sale happened at this postcode is 3 SMITHARDS LANE: £227,000 (Sold on 31 May 2019)
  • Detached
    • The average price is around £225,583 median price is £223,750 Standard Deviation is £47,531 with Total Sold: 6
    • The Last 5 Year average price is £280,000 with Total Sold: 2
    • The most recent sale happened at this postcode is ST MARGARETS SMITHARDS LANE: £280,000 (Sold on 30 Oct 2020)
    • The first recorded sale happened at this postcode is ST MARGARETS SMITHARDS LANE: £200,000 (Sold on 04 Apr 2005)
  • Terraced
    • The average price is around £128,414 median price is £150,000 Standard Deviation is £48,564 with Total Sold: 7
    • The most recent sale happened at this postcode is RIEBECK HOUSE SMITHARDS LANE: £200,000 (Sold on 01 Jun 2015)
    • The first recorded sale happened at this postcode is RIEBECK HOUSE SMITHARDS LANE: £44,000 (Sold on 27 Oct 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 7PL 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£370,000 £3,700 1
2019£227,000 £2,270 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£280,000 £2,843 1
2019£280,0001
2011£247,500 £1,595 1
2009£195,000 £1,257 1
2006£151,0001
2005£200,000 £2,030 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£200,000 £2,041 1
2011£150,000 £1,007 1
2009£150,000 £1,531 1
2004£150,000 £1,531 1
2003£129,950 £1,326 1
2001£74,950 £765 1
1995£44,000 £449 1

All the Sales in the SMITHARDS LANE, PO31 7PL

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

AddressSold DatePrice% Change
3 SMITHARDS LANESemi-Detached, FreeholdArea: 100 Sq.mtr04 Oct 2022£370,00063.00%
31 May 2019£227,000First Sale
ST MARGARETS SMITHARDS LANEDetached, FreeholdArea: 98.5 Sq.mtrAge: 1900-192930 Oct 2020£280,00040.00%
04 Apr 2005£200,000First Sale
ATHENA HOUSE SMITHARDS LANEDetached, Freehold13 May 2019£280,000First Sale
RIEBECK HOUSE SMITHARDS LANETerraced, FreeholdArea: 98 Sq.mtrAge: before 190001 Jun 2015£200,00033.33%
20 Nov 2009£150,0000.0
27 Sep 2004£150,00015.43%
30 May 2003£129,95073.38%
15 Jun 2001£74,95070.34%
27 Oct 1995£44,000First Sale
PHOENIX VILLA SMITHARDS LANEDetached, FreeholdArea: 155.16 Sq.mtrAge: before 190029 Jul 2011£247,50026.92%
29 Oct 2009£195,000First Sale
GORDON VILLA SMITHARDS LANETerraced, FreeholdArea: 149 Sq.mtrAge: 1930-194905 May 2011£150,000First Sale
EDELWEISS SMITHARDS LANEDetached, Freehold27 Jun 2006£151,000First Sale

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

SMITHARDS LANE, PO31 7PL Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £149,554 median price is £150,000 Standard Deviation is £79,461 with Total Sold: 1,167
    • The Last 5 Year average price is £247,098 with Total Sold: 197
    • The most recent sale happened at this postcode is , 103 CLARENCE ROAD: £90,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 68 STEPHENSON ROAD: £45,000 (Sold on 06 Jan 1995)
  • Terraced
    • The average price is around £123,940 median price is £130,000 Standard Deviation is £62,699 with Total Sold: 2,096
    • The Last 5 Year average price is £208,518 with Total Sold: 281
    • The most recent sale happened at this postcode is , 34 GORDON ROAD: £375,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is , 66 TENNYSON ROAD: £37,000 (Sold on 05 Jan 1995)
  • Flat
    • The average price is around £114,247 median price is £115,000 Standard Deviation is £53,148 with Total Sold: 515
    • The Last 5 Year average price is £158,443 with Total Sold: 89
    • 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 3, BRUNSWICK COURT MEDINA ROAD: £45,500 (Sold on 27 Feb 1995)
  • Detached
    • The average price is around £186,188 median price is £162,000 Standard Deviation is £124,144 with Total Sold: 311
    • The Last 5 Year average price is £345,069 with Total Sold: 44
    • The most recent sale happened at this postcode is , 19 ROSETTA DRIVE: £320,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is , 69 MILL HILL ROAD: £86,950 (Sold on 13 Apr 1995)
  • Other
    • The average price is around £202,269 median price is £152,500 Standard Deviation is £218,097 with Total Sold: 20
    • The Last 5 Year average price is £277,500 with Total Sold: 11
    • The most recent sale happened at this postcode is , UNIT A GREENGATE INDUSTRIAL ESTATE: £475,000 (Sold on 13 Dec 2023)
    • The first recorded sale happened at this postcode is , ST. FAITHS CHURCH HALL ST FAITHS ROAD: £7,000 (Sold on 01 Aug 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£230,600 £3,167 10
2023£265,031 £2,930 31
2022£284,058 £3,194 30
2021£258,038 £2,672 46
2020£226,660 £2,464 40
2019£217,463 £2,209 40
2018£201,242 £2,286 37
2017£196,899 £2,243 45
2016£192,825 £2,040 32
2015£191,998 £1,868 31
2014£175,790 £2,044 41
2013£173,450 £1,874 28
2012£173,215 £1,906 23
2011£172,276 £1,720 29
2010£166,188 £1,867 32
2009£166,631 £1,889 21
2008£175,524 £2,024 21
2007£176,995 £1,914 57
2006£169,804 £1,849 57
2005£152,891 £1,666 43
2004£150,184 £1,865 52
2003£123,652 £1,502 49
2002£103,524 £1,135 55
2001£80,850 £912 54
2000£69,119 £826 40
1999£58,334 £749 57
1998£52,895 £670 55
1997£43,566 £509 35
1996£42,199 £422 39
1995£38,812 £407 37
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£242,263 £3,243 19
2023£231,301 £2,865 38
2022£234,392 £2,906 60
2021£209,419 £2,683 54
2020£183,142 £2,302 62
2019£176,548 £2,266 48
2018£174,565 £2,284 58
2017£177,169 £2,057 63
2016£164,671 £2,009 60
2015£162,338 £2,128 55
2014£149,174 £1,941 60
2013£144,288 £1,776 55
2012£140,183 £1,837 49
2011£146,500 £1,879 48
2010£144,692 £1,936 38
2009£147,621 £1,780 48
2008£151,007 £1,897 61
2007£155,605 £1,993 91
2006£148,047 £1,930 99
2005£142,150 £1,783 106
2004£130,954 £1,692 95
2003£108,835 £1,401 82
2002£92,558 £1,192 110
2001£72,137 £877 107
2000£64,931 £831 97
1999£56,182 £717 116
1998£45,650 £628 99
1997£38,568 £493 93
1996£36,521 £452 77
1995£33,821 £424 48
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,8333
2023£180,143 £2,997 14
2022£163,643 £3,048 21
2021£168,974 £2,592 19
2020£150,232 £2,456 17
2019£129,397 £2,265 15
2018£142,631 £2,422 21
2017£140,050 £2,393 15
2016£131,792 £2,450 18
2015£132,643 £2,224 14
2014£127,800 £2,274 15
2013£125,091 £2,079 16
2012£109,883 £2,112 12
2011£121,250 £2,042 14
2010£136,961 £2,073 14
2009£108,912 £1,751 17
2008£126,259 £2,228 23
2007£129,859 £2,336 24
2006£130,519 £2,213 21
2005£141,787 £2,348 19
2004£137,790 £1,999 19
2003£98,408 £1,698 18
2002£78,490 £1,200 20
2001£63,626 £1,102 23
2000£78,734 £1,311 33
1999£62,975 £1,184 26
1998£39,961 £665 19
1997£35,962 £570 12
1996£29,575 £503 10
1995£35,667 £428 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£456,6673
2023£320,700 £4,035 5
2022£337,283 £3,765 9
2021£446,278 £2,836 9
2020£281,000 £2,814 9
2019£292,056 £3,326 9
2018£229,833 £3,241 9
2017£270,750 £2,730 8
2016£244,722 £2,464 9
2015£251,000 £2,204 5
2014£285,269 £2,495 13
2013£177,357 £2,241 7
2012£339,000 £2,222 2
2011£217,750 £2,061 8
2010£196,000 £2,148 7
2009£191,650 £2,050 10
2008£201,825 £3,053 6
2007£267,346 £1,977 13
2006£186,354 £2,046 14
2005£193,814 £2,127 11
2004£190,040 £2,097 10
2003£180,364 £1,843 11
2002£150,617 £1,233 12
2001£115,934 £1,105 19
2000£112,768 £1,030 16
1999£79,566 £886 22
1998£75,363 £848 21
1997£61,986 £687 11
1996£50,643 £712 14
1995£57,883 £464 9
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£352,500 £2,396 2
2022£3,5001
2021£313,500 £5,834 4
2020£332,500 £2,198 2
2019£212,500 £4,251 2
2018£138,500 £1,836 2
2017£140,000 £1,373 1
2016£144,833 £1,937 3
2015£106,3751
2014£17,5002

House Type in PO31 7PL area

The most common house types in the PO31 7PL postcode area are Terraced (78), Semi-detached (42), and Detached (11).

Total148
Terraced78
Semi-detached42
Detached11
Flat8
Shared house4
converted building4
temporary structure1
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns with a mortgage or loan (46), and Private rented: Private landlord or letting agency (45).

Owned: Owns with a mortgage or loan46
Private rented: Private landlord or letting agency45
Owned: Owns outright34
Social rented: Other social rented17
Private rented: Other private rented2
Shared ownership: Shared ownership1
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 7PL have 1 person in household (53), and 2 people in household (37).

1 person in household53
2 people in household37
3 people in household32
4 people in household11
5 people in household7
6 people in household4
0 people in household0
7 people in household0
8 or more people in household0