Housing Market Analysis for MARKET HILL, PO31 7TR

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £342,219 median price is £360,000 Standard Deviation is £55,870 with Total Sold: 3
    • The Last 5 Year average price is £360,000 with Total Sold: 1
    • The most recent sale happened at this postcode is REGENT HOUSE MARKET HILL: £360,000 (Sold on 31 Jul 2024)
    • The first recorded sale happened at this postcode is CLAREMONT HOUSE MARKET HILL: £400,000 (Sold on 24 Apr 1997)
  • Terraced
    • The average price is around £324,559 median price is £275,000 Standard Deviation is £173,944 with Total Sold: 17
    • The Last 5 Year average price is £511,250 with Total Sold: 4
    • The most recent sale happened at this postcode is VINE COTTAGE, 12 MARKET HILL: £505,000 (Sold on 19 Dec 2023)
    • The first recorded sale happened at this postcode is 14 MARKET HILL: £50,000 (Sold on 08 Mar 1996)
  • Semi-Detached
    • The average price is around £309,250 median price is £279,000 Standard Deviation is £130,060 with Total Sold: 4
    • The most recent sale happened at this postcode is THE STUDIO MARKET HILL: £360,000 (Sold on 16 Oct 2017)
    • The first recorded sale happened at this postcode is 13 MARKET HILL: £180,000 (Sold on 19 Aug 1997)
  • Other
    • The average price is around £412,500 median price is £412,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 11 MARKET HILL: £412,500 (Sold on 01 Dec 2016)
    • The first recorded sale happened at this postcode is 11 MARKET HILL: £412,500 (Sold on 01 Dec 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 7TR 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£360,0001
2018£266,657 £2,499 1
1997£400,000 £2,286 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£505,000 £3,915 2
2020£350,000 £2,632 1
2019£685,0001
2018£361,500 £3,549 2
2010£575,0001
2008£387,500 £3,217 2
2006£120,000 £930 1
2005£247,500 £3,363 1
2004£150,0001
2003£275,000 £2,132 1
2000£247,5001
1998£154,750 £1,057 2
1996£50,000 £679 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£360,000 £3,186 1
2016£198,000 £1,752 1
2005£499,000 £3,281 1
1997£180,000 £1,183 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£412,500 £2,455 1

All the Sales in the MARKET HILL, PO31 7TR

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

AddressSold DatePrice% Change
REGENT HOUSE MARKET HILLDetached, Freehold31 Jul 2024£360,00035.00%
07 Sep 2018£266,657First Sale
VINE COTTAGE, 12 MARKET HILLTerraced, FreeholdArea: 129 Sq.mtrAge: before 190019 Dec 2023£505,0000.0
19 Dec 2023£505,0008.14%
16 Mar 2018£467,00012.53%
07 Apr 2008£415,000245.83%
21 Feb 2006£120,000-56.36%
17 Apr 2003£275,000120.88%
11 Dec 1998£124,500First Sale
JERSEY COTTAGE MARKET HILLTerraced, FreeholdArea: 133 Sq.mtrAge: before 190026 Aug 2020£350,000First Sale
15 MARKET HILLTerraced, Freehold30 Sep 2019£685,000176.77%
24 Nov 2000£247,500First Sale
14 MARKET HILLTerraced, FreeholdArea: 73.6 Sq.mtrAge: before 190018 May 2018£256,0003.43%
12 Aug 2005£247,500395.00%
08 Mar 1996£50,000First Sale
THE STUDIO MARKET HILLSemi-Detached, FreeholdArea: 113 Sq.mtrAge: before 190016 Oct 2017£360,00081.82%
20 Oct 2016£198,000First Sale
11 MARKET HILLOther, FreeholdArea: 168 Sq.mtrAge: before 190001 Dec 2016£412,500First Sale
SHAMROCK COTTAGE, 13 MARKET HILLTerraced, Freehold29 Sep 2010£575,000First Sale
18 MARKET HILLTerraced, Freehold04 Jan 2008£360,000140.00%
19 Mar 2004£150,000First Sale
13 MARKET HILLSemi-Detached, FreeholdArea: 152.11 Sq.mtrAge: before 190012 Aug 2005£499,000177.22%
19 Aug 1997£180,000First Sale
17 MARKET HILLTerraced, FreeholdArea: 161 Sq.mtrAge: before 190003 Jul 1998£185,000First Sale
CLAREMONT HOUSE MARKET HILLDetached, FreeholdArea: 175 Sq.mtrAge: before 190024 Apr 1997£400,000First Sale

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

MARKET HILL, PO31 7TR Near By properties

Interactive Map

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

  • Flat
    • The average price is around £183,194 median price is £140,000 Standard Deviation is £157,901 with Total Sold: 988
    • The Last 5 Year average price is £255,099 with Total Sold: 172
    • 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 £333,828 median price is £244,000 Standard Deviation is £313,187 with Total Sold: 276
    • The Last 5 Year average price is £652,977 with Total Sold: 44
    • 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 £451,754 median price is £250,000 Standard Deviation is £737,182 with Total Sold: 65
    • The Last 5 Year average price is £421,736 with Total Sold: 40
    • 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 £193,691 median price is £165,000 Standard Deviation is £182,270 with Total Sold: 432
    • The Last 5 Year average price is £292,702 with Total Sold: 64
    • 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 £170,743 median price is £150,000 Standard Deviation is £125,997 with Total Sold: 1,141
    • The Last 5 Year average price is £299,351 with Total Sold: 166
    • 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£252,895 £3,407 19
2022£311,837 £3,877 31
2021£252,177 £3,404 43
2020£274,373 £3,088 28
2019£219,287 £3,007 30
2018£209,357 £2,956 35
2017£223,673 £3,047 26
2016£234,364 £3,082 32
2015£219,190 £2,715 29
2014£201,230 £2,641 28
2013£245,662 £3,040 32
2012£211,736 £2,973 18
2011£268,050 £3,184 29
2010£230,604 £2,723 24
2009£179,200 £2,396 35
2008£255,500 £3,172 38
2007£280,138 £3,247 49
2006£166,718 £2,605 39
2005£161,972 £2,535 46
2004£162,530 £2,403 46
2003£180,434 £2,019 25
2002£122,200 £1,627 44
2001£105,767 £1,562 29
2000£87,733 £1,366 33
1999£79,152 £997 30
1998£64,320 £802 38
1997£84,857 £1,034 50
1996£53,454 £930 38
1995£61,954 £1,056 23
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£680,000 £5,087 5
2023£1,056,167 £7,042 6
2022£702,143 £5,059 7
2021£482,600 £4,847 5
2020£705,364 £3,520 11
2019£390,700 £3,502 10
2018£579,776 £3,568 6
2017£350,000 £2,630 3
2016£391,371 £2,820 12
2015£332,111 £2,769 9
2014£516,083 £3,127 12
2013£603,750 £2,960 4
2012£381,564 £2,953 7
2011£359,125 £3,258 8
2010£311,450 £2,963 10
2009£241,000 £2,075 6
2008£473,000 £3,218 5
2007£373,000 £2,696 9
2006£263,375 £2,365 8
2005£411,750 £2,886 7
2004£285,963 £2,860 15
2003£228,067 £1,785 15
2002£199,568 £1,782 14
2001£198,771 £1,414 12
2000£156,434 £1,442 15
1999£113,500 £834 11
1998£172,222 £856 9
1997£132,559 £1,049 13
1996£83,102 £743 14
1995£105,812 £497 8
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£263,699 £2,536 10
2019£469,111 £2,550 9
2018£527,667 £2,489 12
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£458,3754
2023£277,050 £4,048 8
2022£335,556 £3,150 9
2021£316,031 £3,184 16
2020£269,818 £3,024 11
2019£227,406 £2,477 16
2018£396,800 £2,253 10
2017£342,062 £2,546 21
2016£208,773 £2,328 11
2015£221,887 £2,295 15
2014£304,188 £2,560 16
2013£252,056 £2,230 9
2012£189,611 £2,021 9
2011£194,071 £2,155 7
2010£195,545 £2,125 11
2009£248,903 £1,922 18
2008£272,571 £2,281 7
2007£235,902 £2,508 21
2006£216,588 £2,098 17
2005£217,798 £2,318 20
2004£187,345 £2,198 19
2003£188,429 £1,701 12
2002£137,207 £1,305 14
2001£103,530 £1,132 15
2000£87,031 £961 18
1999£65,940 £782 22
1998£70,091 £826 17
1997£60,571 £577 17
1996£40,312 £441 21
1995£50,207 £611 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£316,425 £3,104 12
2023£274,281 £3,534 16
2022£305,531 £3,543 32
2021£334,543 £3,305 35
2020£281,856 £2,621 39
2019£282,133 £3,150 32
2018£246,833 £2,534 32
2017£230,287 £2,654 40
2016£201,086 £2,267 40
2015£224,896 £2,277 34
2014£186,789 £2,304 35
2013£219,920 £2,283 38
2012£178,275 £2,111 20
2011£204,886 £2,182 22
2010£195,364 £2,201 33
2009£195,738 £2,181 28
2008£192,805 £1,989 32
2007£198,128 £2,155 50
2006£194,707 £2,149 48
2005£185,304 £1,957 48
2004£170,984 £2,016 44
2003£127,715 £1,549 51
2002£116,277 £1,299 59
2001£106,552 £1,203 42
2000£104,551 £1,063 48
1999£71,115 £873 52
1998£56,293 £667 50
1997£49,475 £570 51
1996£43,001 £565 45
1995£53,102 £597 33

House Type in PO31 7TR area

The most common house types in the PO31 7TR 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 7TR 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