Housing Market Analysis for MARKET HILL, PO31 7RP

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £189,231 median price is £172,500 Standard Deviation is £71,224 with Total Sold: 13
    • The Last 5 Year average price is £311,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 11, CROWN COURT MARKET HILL: £312,500 (Sold on 18 Aug 2023)
    • The first recorded sale happened at this postcode is 18, CROWN COURT MARKET HILL: £50,000 (Sold on 24 Aug 2001)
  • Semi-Detached
    • The average price is around £265,000 median price is £265,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 18, CROWN COURT MARKET HILL: £265,000 (Sold on 12 Dec 2014)
    • The first recorded sale happened at this postcode is 18, CROWN COURT MARKET HILL: £265,000 (Sold on 12 Dec 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 7RP 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
2023£312,500 £4,112 1
2022£310,000 £4,386 1
2016£220,000 £2,973 1
2011£120,000 £1,639 1
2010£245,000 £3,490 1
2008£195,0001
2006£201,250 £2,773 2
2004£152,000 £2,165 1
2003£147,500 £2,038 2
2001£104,000 £1,424 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£265,000 £3,620 1

All the Sales in the MARKET HILL, PO31 7RP

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

AddressSold DatePrice% Change
11, CROWN COURT MARKET HILLTerraced, FreeholdArea: 76 Sq.mtrAge: 1976-198218 Aug 2023£312,50081.16%
08 Nov 2006£172,500First Sale
16, CROWN COURT MARKET HILLTerraced, FreeholdArea: 70.68 Sq.mtrAge: 1967-197530 Nov 2022£310,000121.43%
07 Feb 2003£140,000First Sale
14, CROWN COURT MARKET HILLTerraced, FreeholdArea: 74 Sq.mtrAge: 1967-197512 Sep 2016£220,00041.94%
21 Feb 2003£155,000First Sale
18, CROWN COURT MARKET HILLSemi-Detached, FreeholdArea: 73.2 Sq.mtrAge: 1967-197512 Dec 2014£265,000120.83%
10 Nov 2011£120,000140.00%
24 Aug 2001£50,000First Sale
12, CROWN COURT MARKET HILLTerraced, FreeholdArea: 70.2 Sq.mtrAge: 1967-197527 May 2010£245,0006.52%
01 Dec 2006£230,00051.32%
16 Jan 2004£152,000First Sale
15, CROWN COURT MARKET HILLTerraced, Freehold28 Aug 2008£195,000First Sale
13, CROWN COURT MARKET HILLTerraced, FreeholdArea: 73 Sq.mtrAge: 1967-197530 Oct 2001£158,000First Sale

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

MARKET HILL, PO31 7RP Near By properties

Interactive Map

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

  • Flat
    • The average price is around £186,770 median price is £143,250 Standard Deviation is £160,001 with Total Sold: 946
    • The Last 5 Year average price is £258,617 with Total Sold: 167
    • 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 £331,550 median price is £240,000 Standard Deviation is £316,408 with Total Sold: 243
    • The Last 5 Year average price is £678,615 with Total Sold: 39
    • 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 £479,842 median price is £274,000 Standard Deviation is £760,013 with Total Sold: 60
    • The Last 5 Year average price is £452,804 with Total Sold: 36
    • 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)
  • Semi-Detached
    • The average price is around £213,160 median price is £172,500 Standard Deviation is £201,322 with Total Sold: 329
    • The Last 5 Year average price is £320,008 with Total Sold: 48
    • The most recent sale happened at this postcode is , 2 EDINBURGH CLOSE: £287,500 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 5 UNION ROAD: £42,000 (Sold on 03 Mar 1995)
  • Terraced
    • The average price is around £181,732 median price is £160,000 Standard Deviation is £134,418 with Total Sold: 926
    • The Last 5 Year average price is £319,901 with Total Sold: 138
    • 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 7, TIDES REACH BIRMINGHAM ROAD: £125,000 (Sold on 10 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£204,786 £3,485 21
2023£254,737 £3,405 19
2022£311,837 £3,877 31
2021£255,185 £3,422 41
2020£281,054 £3,169 27
2019£226,093 £3,069 28
2018£218,125 £3,050 32
2017£228,708 £3,055 24
2016£236,279 £3,143 31
2015£220,875 £2,698 28
2014£210,748 £2,663 24
2013£245,662 £3,040 32
2012£226,328 £3,162 16
2011£259,885 £3,130 31
2010£235,935 £2,762 23
2009£176,629 £2,366 35
2008£255,500 £3,172 38
2007£284,527 £3,252 47
2006£171,833 £2,679 36
2005£164,664 £2,554 44
2004£168,117 £2,471 42
2003£180,554 £1,993 25
2002£124,710 £1,640 41
2001£103,871 £1,564 29
2000£90,345 £1,386 31
1999£81,588 £1,053 29
1998£66,031 £825 37
1997£88,454 £1,067 47
1996£54,358 £938 37
1995£66,022 £1,082 20
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£680,000 £5,087 5
2023£1,027,400 £7,317 5
2022£880,000 £5,525 5
2021£523,250 £4,748 4
2020£705,364 £3,520 11
2019£408,556 £3,630 9
2018£550,731 £3,760 5
2017£350,000 £2,630 3
2016£406,723 £2,788 11
2015£377,643 £2,923 7
2014£525,800 £3,151 10
2013£603,750 £2,960 4
2012£381,564 £2,953 7
2011£286,333 £2,678 6
2010£301,056 £2,887 9
2009£190,000 £2,075 5
2008£303,750 £2,393 4
2007£331,500 £2,653 8
2006£263,375 £2,365 8
2005£411,750 £2,886 7
2004£252,708 £2,421 12
2003£218,615 £1,786 13
2002£207,996 £1,782 13
2001£179,525 £1,414 10
2000£168,501 £1,433 13
1999£118,850 £808 10
1998£207,857 £891 7
1997£129,564 £1,032 12
1996£84,456 £759 13
1995£105,929 £497 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£256,1437
2023£958,214 £3,160 7
2022£269,975 £3,295 2
2021£168,167 £11,585 3
2020£282,999 £3,281 9
2019£526,125 £2,550 8
2018£575,182 £2,489 11
2017£650,230 £2,079 8
2016£215,250 £2,455 2
2014£160,0001
2013£185,1072
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£570,8333
2023£290,567 £4,378 6
2022£350,312 £3,198 8
2021£352,955 £3,496 11
2020£278,800 £3,071 10
2019£243,150 £2,550 10
2018£505,000 £2,387 7
2017£351,665 £2,571 20
2016£215,643 £2,452 7
2015£235,350 £2,192 11
2014£304,188 £2,560 16
2013£313,833 £2,457 6
2012£197,357 £2,020 7
2011£194,071 £2,155 7
2010£229,600 £2,074 5
2009£280,590 £1,973 14
2008£300,083 £2,389 6
2007£270,139 £2,795 14
2006£231,167 £2,107 12
2005£229,750 £2,434 16
2004£199,467 £2,197 15
2003£188,429 £1,701 12
2002£144,309 £1,379 11
2001£119,994 £1,144 9
2000£94,608 £978 12
1999£69,249 £787 16
1998£75,835 £868 13
1997£67,558 £668 12
1996£41,189 £445 19
1995£54,346 £648 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£327,009 £3,104 11
2023£280,233 £3,610 15
2022£321,146 £3,615 24
2021£364,293 £3,409 29
2020£307,748 £2,699 32
2019£304,657 £3,365 27
2018£267,372 £2,656 26
2017£239,940 £2,709 34
2016£206,711 £2,338 33
2015£237,943 £2,380 27
2014£207,619 £2,302 26
2013£234,623 £2,364 32
2012£178,275 £2,111 20
2011£215,211 £2,200 19
2010£217,300 £2,262 25
2009£201,468 £2,216 25
2008£199,000 £2,029 27
2007£212,905 £2,243 38
2006£208,854 £2,245 38
2005£205,922 £2,032 34
2004£180,786 £2,084 36
2003£132,834 £1,557 39
2002£122,663 £1,282 44
2001£119,475 £1,351 30
2000£109,488 £1,125 42
1999£75,599 £913 42
1998£60,742 £691 38
1997£51,226 £594 43
1996£44,392 £581 38
1995£53,418 £598 32

House Type in PO31 7RP area

The most common house types in the PO31 7RP postcode area are Flat (53), Terraced (25), and Semi-detached (21).

Total122
Flat53
Terraced25
Semi-detached21
Detached9
Shared house6
converted building5
commercial building2
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (54), and Private rented: Private landlord or letting agency (35).

Owned: Owns outright54
Private rented: Private landlord or letting agency35
Owned: Owns with a mortgage or loan27
Social rented: Other social rented3
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the PO31 7RP have 1 person in household (66), and 2 people in household (45).

1 person in household66
2 people in household45
3 people in household7
4 people in household4
5 people in household2
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0