Housing Market Analysis for UNION ROAD, PO31 7TW

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

Overview of Sold House prices

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

Detached
- The average price is around £289,863 median price is £235,000 Standard Deviation is £196,780 with Total Sold: 9
- The Last 5 Year average price is £725,000 with Total Sold: 1
- The most recent sale happened at this postcode is OLDE TOWNE HOUSE UNION ROAD: £725,000 (Sold on 17 Aug 2022)
- The first recorded sale happened at this postcode is OLDE TOWNE HOUSE UNION ROAD: £50,000 (Sold on 01 Mar 1996)
Terraced
- The average price is around £396,953 median price is £376,500 Standard Deviation is £207,683 with Total Sold: 16
- The Last 5 Year average price is £534,750 with Total Sold: 4
- The most recent sale happened at this postcode is 17 UNION ROAD: £830,000 (Sold on 31 Jul 2020)
- The first recorded sale happened at this postcode is 23 UNION ROAD: £40,000 (Sold on 08 Nov 1995)
Semi-Detached
- The average price is around £175,700 median price is £80,000 Standard Deviation is £144,633 with Total Sold: 5
- The most recent sale happened at this postcode is 17 UNION ROAD: £420,000 (Sold on 25 Apr 2003)
- The first recorded sale happened at this postcode is 5 UNION ROAD: £42,000 (Sold on 03 Mar 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 7TW 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£725,000		1
2018	£475,000	£4,701	1
2010	£318,750	£3,123	2
2003	£190,000	£1,845	1
2002	£230,000	£2,185	2
1997	£71,263		1
1996	£50,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£655,000	£2,767	2
2019	£414,500	£3,650	2
2017	£367,500	£3,491	2
2016	£304,000	£2,868	1
2015	£580,000	£2,397	1
2012	£220,000		1
2011	£670,000		1
2007	£395,000		1
2006	£650,000	£2,686	1
2005	£325,000	£1,343	1
2002	£250,000		1
1996	£43,250		1
1995	£40,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2003	£420,000	£1,850	1
2001	£262,500	£1,156	1
1997	£80,000		1
1995	£58,000	£547	2

All the Sales in the UNION ROAD, PO31 7TW

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

Address	Sold Date	Price	% Change
OLDE TOWNE HOUSE UNION ROADDetached, Freehold	17 Aug 2022	£725,000	917.36%
	25 Apr 1997	£71,263	42.53%
	01 Mar 1996	£50,000	First Sale
17 UNION ROADTerraced, FreeholdArea: 300 Sq.mtrAge: 1900-1929	31 Jul 2020	£830,000	97.62%
	25 Apr 2003	£420,000	60.00%
	31 May 2001	£262,500	First Sale
21 UNION ROADTerraced, Freehold	04 Jun 2020	£480,000	31.51%
	04 Dec 2017	£365,000	46.00%
	25 Mar 2002	£250,000	First Sale
5 UNION ROADTerraced, FreeholdArea: 106 Sq.mtrAge: before 1900	16 Aug 2019	£383,000	3.51%
	07 Aug 2017	£370,000	21.71%
	11 Jul 2016	£304,000	310.81%
	01 Nov 1995	£74,000	76.19%
	03 Mar 1995	£42,000	First Sale
11 UNION ROADTerraced, FreeholdArea: 121 Sq.mtrAge: 1900-1929	09 Jul 2019	£446,000	First Sale
13 UNION ROADDetached, FreeholdArea: 101.05 Sq.mtrAge: 1983-1990	27 Jun 2018	£475,000	58.33%
	25 Nov 2010	£300,000	57.89%
	28 Nov 2003	£190,000	First Sale
19 UNION ROADTerraced, FreeholdArea: 242 Sq.mtrAge: before 1900	29 Jul 2015	£580,000	-10.77%
	13 Oct 2006	£650,000	100.00%
	07 Oct 2005	£325,000	First Sale
25 UNION ROADTerraced, Freehold	30 Nov 2012	£220,000	175.00%
25 UNION ROADTerraced, Freehold	13 Nov 1997	£80,000	First Sale
1 UNION ROADTerraced, Freehold	14 Dec 2011	£670,000	First Sale
29 UNION ROADDetached, FreeholdArea: 102.99 Sq.mtrAge: before 1900	28 Sep 2010	£337,500	50.00%
	27 Jun 2002	£225,000	First Sale
23 UNION ROADTerraced, Freehold	24 Jul 2007	£395,000	887.50%
23 UNION ROADTerraced, Freehold	08 Nov 1995	£40,000	First Sale
27 UNION ROADDetached, Freehold	15 Jul 2002	£235,000	First Sale
7 UNION ROADTerraced, Freehold	27 Sep 1996	£43,250	First Sale

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

UNION ROAD, PO31 7TW Near By properties

Interactive Map

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

Flat
- The average price is around £176,151 median price is £135,000 Standard Deviation is £153,284 with Total Sold: 1,083
- The Last 5 Year average price is £246,472 with Total Sold: 191
- 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 £297,325 median price is £220,000 Standard Deviation is £278,738 with Total Sold: 368
- The Last 5 Year average price is £596,628 with Total Sold: 55
- 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 £444,761 median price is £250,000 Standard Deviation is £727,246 with Total Sold: 67
- The Last 5 Year average price is £415,474 with Total Sold: 41
- 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 £188,878 median price is £165,000 Standard Deviation is £164,245 with Total Sold: 601
- The Last 5 Year average price is £296,743 with Total Sold: 90
- 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 , 91 VICTORIA ROAD: £23,000 (Sold on 17 Jan 1995)
Terraced
- The average price is around £163,076 median price is £147,000 Standard Deviation is £117,637 with Total Sold: 1,476
- The Last 5 Year average price is £289,356 with Total Sold: 207
- 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£204,786	£3,485	21
2023	£242,826	£3,306	23
2022	£293,413	£3,768	35
2021	£251,969	£3,357	45
2020	£249,284	£2,896	35
2019	£214,300	£2,951	32
2018	£202,250	£2,895	38
2017	£218,944	£2,990	27
2016	£220,228	£2,944	38
2015	£207,781	£2,676	32
2014	£202,613	£2,641	26
2013	£229,922	£2,925	36
2012	£207,171	£2,937	19
2011	£250,650	£3,063	33
2010	£221,788	£2,646	26
2009	£167,897	£2,288	39
2008	£244,366	£2,991	41
2007	£271,514	£3,138	51
2006	£159,562	£2,535	48
2005	£158,749	£2,519	49
2004	£158,977	£2,342	48
2003	£169,184	£1,977	29
2002	£115,470	£1,612	49
2001	£98,582	£1,504	33
2000	£84,907	£1,302	36
1999	£74,519	£982	35
1998	£60,903	£825	46
1997	£83,909	£1,021	51
1996	£52,956	£920	40
1995	£63,498	£1,062	22

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£659,286	£5,087	7
2023	£822,375	£6,168	8
2022	£644,783	£4,736	9
2021	£468,312	£4,362	8
2020	£661,583	£3,296	12
2019	£375,636	£3,503	11
2018	£437,388	£3,378	12
2017	£265,429	£2,878	7
2016	£358,497	£2,853	17
2015	£300,500	£2,608	14
2014	£498,893	£3,003	14
2013	£394,125	£2,992	8
2012	£355,661	£2,799	9
2011	£281,727	£2,569	11
2010	£290,583	£2,948	12
2009	£234,429	£2,047	7
2008	£273,714	£2,526	7
2007	£338,179	£2,608	14
2006	£251,200	£2,527	10
2005	£340,225	£2,794	10
2004	£270,679	£2,446	14
2003	£219,658	£1,910	19
2002	£187,053	£1,820	18
2001	£177,191	£1,456	17
2000	£149,295	£1,371	17
1999	£106,885	£789	13
1998	£140,731	£874	13
1997	£112,811	£848	20
1996	£83,894	£852	20
1995	£102,950	£497	10

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£256,143		7
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	£438,700	£2,472	10
2018	£527,667	£2,489	12
2017	£650,230	£2,079	8
2016	£233,500	£2,008	3
2014	£160,000		1
2013	£185,107		2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£385,333	£4,032	6
2023	£299,700	£3,726	12
2022	£340,875	£3,213	12
2021	£323,292	£3,189	24
2020	£275,861	£2,862	18
2019	£221,306	£2,427	18
2018	£355,500	£2,358	15
2017	£340,054	£2,543	24
2016	£217,683	£2,432	18
2015	£228,912	£2,277	20
2014	£291,222	£2,471	18
2013	£224,808	£2,068	13
2012	£195,625	£1,996	12
2011	£208,250	£1,991	14
2010	£204,667	£2,060	15
2009	£237,284	£1,906	22
2008	£268,550	£2,198	10
2007	£233,958	£2,396	25
2006	£206,940	£1,998	25
2005	£207,183	£2,207	27
2004	£182,496	£1,960	34
2003	£173,597	£1,617	17
2002	£138,742	£1,268	18
2001	£95,092	£992	26
2000	£87,322	£902	25
1999	£63,597	£748	32
1998	£68,915	£784	23
1997	£57,906	£585	25
1996	£43,102	£432	27
1995	£48,400	£584	26

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£301,584	£3,154	19
2023	£269,543	£3,349	23
2022	£301,514	£3,457	37
2021	£314,260	£3,184	46
2020	£270,998	£2,564	47
2019	£274,807	£3,131	35
2018	£234,513	£2,536	46
2017	£221,107	£2,482	51
2016	£198,615	£2,258	47
2015	£216,304	£2,206	41
2014	£183,923	£2,291	44
2013	£210,175	£2,152	48
2012	£171,812	£1,929	32
2011	£193,267	£2,108	30
2010	£195,342	£2,267	38
2009	£185,441	£2,056	40
2008	£186,499	£1,977	45
2007	£197,037	£2,121	63
2006	£187,334	£2,075	59
2005	£177,793	£1,900	60
2004	£167,031	£1,956	55
2003	£123,070	£1,523	63
2002	£112,865	£1,268	76
2001	£97,431	£1,121	61
2000	£94,817	£980	66
1999	£67,543	£814	69
1998	£53,776	£639	65
1997	£48,155	£551	65
1996	£41,834	£551	64
1995	£49,020	£556	41

House Type in PO31 7TW area

The most common house types in the PO31 7TW postcode area are Flat (54), Semi-detached (16), and Detached (11).

Total	91
Flat	54
Semi-detached	16
Detached	11
Terraced	10
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (48), and Owned: Owns outright (21).

Social rented: Other social rented	48
Owned: Owns outright	21
Private rented: Private landlord or letting agency	11
Owned: Owns with a mortgage or loan	8
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the PO31 7TW have 1 person in household (49), and 2 people in household (29).

1 person in household	49
2 people in household	29
3 people in household	4
4 people in household	4
6 people in household	2
5 people in household	1
8 or more people in household	1
0 people in household	0
7 people in household	0