Housing Market Analysis for MARKET HILL, PO31 7RW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £131,429 median price is £100,000 Standard Deviation is £49,980 with Total Sold: 7
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5, WARD COTTAGES MARKET HILL: £220,000 (Sold on 07 Jan 2022)
    • The first recorded sale happened at this postcode is 2, WARD COTTAGES MARKET HILL: £100,000 (Sold on 21 Jul 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 7RW 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
2022£220,000 £4,400 1
2010£200,000 £4,000 1
2008£100,000 £1,925 5

All the Sales in the MARKET HILL, PO31 7RW

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

AddressSold DatePrice% Change
5, WARD COTTAGES MARKET HILLTerraced, FreeholdArea: 50 Sq.mtrAge: before 190007 Jan 2022£220,00010.00%
04 Feb 2010£200,000100.00%
21 Jul 2008£100,000First Sale
3, WARD COTTAGES MARKET HILLTerraced, FreeholdArea: 54 Sq.mtrAge: before 190021 Jul 2008£100,000First Sale
1, WARD COTTAGES MARKET HILLTerraced, FreeholdArea: 51 Sq.mtrAge: before 190021 Jul 2008£100,000First Sale
4, WARD COTTAGES MARKET HILLTerraced, FreeholdArea: 51 Sq.mtrAge: before 190021 Jul 2008£100,000First Sale
2, WARD COTTAGES MARKET HILLTerraced, FreeholdArea: 54 Sq.mtrAge: before 190021 Jul 2008£100,000First Sale

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

MARKET HILL, PO31 7RW Near By properties

Interactive Map

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

  • Flat
    • The average price is around £189,552 median price is £145,000 Standard Deviation is £161,747 with Total Sold: 915
    • The Last 5 Year average price is £262,277 with Total Sold: 161
    • 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 £331,846 median price is £240,000 Standard Deviation is £317,028 with Total Sold: 242
    • 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 £214,796 median price is £175,000 Standard Deviation is £202,613 with Total Sold: 323
    • The Last 5 Year average price is £321,391 with Total Sold: 47
    • 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 £183,516 median price is £160,000 Standard Deviation is £135,251 with Total Sold: 904
    • The Last 5 Year average price is £323,676 with Total Sold: 135
    • 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£210,421 £3,485 19
2023£258,333 £3,435 18
2022£316,398 £3,897 30
2021£258,090 £3,444 40
2020£285,863 £3,189 26
2019£226,093 £3,069 28
2018£218,125 £3,050 32
2017£228,708 £3,055 24
2016£239,322 £3,162 30
2015£220,875 £2,698 28
2014£214,650 £2,696 23
2013£245,662 £3,040 32
2012£226,328 £3,162 16
2011£273,873 £3,242 28
2010£235,935 £2,762 23
2009£178,588 £2,396 34
2008£255,500 £3,172 38
2007£287,452 £3,274 46
2006£174,000 £2,709 34
2005£165,470 £2,556 43
2004£168,117 £2,471 42
2003£191,995 £2,067 22
2002£125,528 £1,636 40
2001£104,188 £1,555 28
2000£90,807 £1,385 30
1999£83,169 £1,041 27
1998£67,119 £823 35
1997£89,475 £1,079 46
1996£55,831 £966 34
1995£67,103 £1,082 19
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£252,045 £2,382 11
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£363,929 £3,015 7
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£201,929 £2,155 14
2003£188,429 £1,701 12
2002£147,490 £1,292 10
2001£123,750 £1,101 8
2000£94,608 £978 12
1999£69,333 £756 15
1998£77,154 £882 12
1997£67,558 £668 12
1996£41,189 £445 19
1995£54,346 £648 14
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£344,010 £3,104 10
2023£280,233 £3,610 15
2022£328,891 £3,647 23
2021£364,293 £3,409 29
2020£307,748 £2,699 32
2019£310,606 £3,384 26
2018£267,372 £2,656 26
2017£239,940 £2,709 34
2016£206,139 £2,351 32
2015£240,094 £2,379 26
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£220,104 £2,256 24
2009£201,468 £2,216 25
2008£199,000 £2,029 27
2007£213,659 £2,243 37
2006£209,782 £2,245 37
2005£207,495 £2,032 33
2004£181,381 £2,107 35
2003£132,834 £1,557 39
2002£123,667 £1,271 43
2001£120,629 £1,350 29
2000£109,488 £1,125 42
1999£76,780 £886 38
1998£60,742 £691 38
1997£51,226 £594 43
1996£44,055 £591 33
1995£53,576 £598 31

House Type in PO31 7RW area

The most common house types in the PO31 7RW postcode area are commercial building (31), Terraced (23), and Flat (18).

Total97
commercial building31
Terraced23
Flat18
Shared house11
Semi-detached5
converted building5
Detached4
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (53), and Owned: Owns outright (19).

Private rented: Private landlord or letting agency53
Owned: Owns outright19
Owned: Owns with a mortgage or loan15
Private rented: Other private rented7
Social rented: Other social 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 7RW have 1 person in household (48), and 2 people in household (34).

1 person in household48
2 people in household34
3 people in household7
4 people in household5
5 people in household1
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0