Housing Market Analysis for STANHOPE DRIVE, PO31 8BH

Are you looking to understand PO31 8BH 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 8BH area, explore the PO31 8BH Area information page.
For comprehensive crime statistics in the PO31 8BH area, explore the PO31 8BH Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO31 8BH postcode area, The average prices are as follows,

Detached
- The average price is around £877,488 median price is £905,000 Standard Deviation is £303,361 with Total Sold: 4
- The Last 5 Year average price is £1,200,000 with Total Sold: 1
- The most recent sale happened at this postcode is STANHOPE HOUSE STANHOPE DRIVE: £1,200,000 (Sold on 11 May 2023)
- The first recorded sale happened at this postcode is VALE HOUSE STANHOPE DRIVE: £499,950 (Sold on 01 Apr 2004)
Flat
- The average price is around £111,921 median price is £95,000 Standard Deviation is £64,599 with Total Sold: 29
- The Last 5 Year average price is £173,333 with Total Sold: 3
- The most recent sale happened at this postcode is FLAT 2A, STANHOPE LODGE STANHOPE DRIVE: £175,000 (Sold on 19 Jul 2021)
- The first recorded sale happened at this postcode is FLAT 3, STANHOPE LODGE STANHOPE DRIVE: £32,500 (Sold on 16 Feb 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8BH 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
2023	£1,200,000	£5,941	1
2011	£660,000	£8,148	1
2008	£1,150,000	£5,693	1
2004	£499,950	£6,172	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£173,333	£2,954	3
2017	£204,000	£3,517	1
2016	£220,000	£2,500	1
2015	£172,000	£3,189	1
2014	£183,250		2
2009	£200,000		1
2007	£177,000	£3,103	2
2004	£116,250	£1,462	2
2002	£88,925	£1,534	4
2001	£150,000	£1,705	1
2000	£63,000		2
1999	£46,000	£569	2
1998	£33,000		1
1997	£33,000	£508	1
1996	£34,500	£621	2
1995	£39,333	£591	3

All the Sales in the STANHOPE DRIVE, PO31 8BH

See the table below for more details on the sold house prices in the PO31 8BH, Isle of Wight postcode.

Address	Sold Date	Price	% Change
STANHOPE HOUSE STANHOPE DRIVEDetached, FreeholdArea: 202 Sq.mtrAge: before 1900	11 May 2023	£1,200,000	4.35%
	15 Jul 2008	£1,150,000	First Sale
FLAT 2A, STANHOPE LODGE STANHOPE DRIVEFlat, LeaseholdArea: 65 Sq.mtrAge: 1950-1966	19 Jul 2021	£175,000	84.21%
	05 Mar 2004	£95,000	28.38%
	27 Jun 2002	£74,000	100.00%
	30 Jun 1999	£37,000	12.12%
	23 Dec 1997	£33,000	First Sale
FLAT 2, STANHOPE LODGE STANHOPE DRIVEFlat, LeaseholdArea: 53.93 Sq.mtrAge: 1967-1975	25 Jun 2021	£170,000	-1.16%
	27 Feb 2015	£172,000	107.98%
	26 Jul 2002	£82,700	First Sale
FLAT 8, STANHOPE LODGE STANHOPE DRIVEFlat, LeaseholdArea: 58 Sq.mtrAge: before 1900	21 Jun 2021	£175,000	386.11%
	12 Apr 1996	£36,000	First Sale
FLAT 5, STANHOPE LODGE STANHOPE DRIVEFlat, LeaseholdArea: 58 Sq.mtrAge: 1900-1929	16 Nov 2017	£204,000	13.33%
	12 Feb 2007	£180,000	60.71%
	03 Dec 2002	£112,000	First Sale
FLAT 7, STANHOPE LODGE STANHOPE DRIVEFlat, LeaseholdArea: 88 Sq.mtrAge: before 1900	16 Sep 2016	£220,000	46.67%
	14 Dec 2001	£150,000	188.46%
	07 Sep 1995	£52,000	First Sale
FLAT 1, STANHOPE LODGE STANHOPE DRIVEFlat, Leasehold	02 Dec 2014	£179,000	171.21%
	24 Nov 2000	£66,000	20.00%
	12 Nov 1999	£55,000	First Sale
FLAT 3, STANHOPE LODGE STANHOPE DRIVEFlat, Leasehold	15 Oct 2014	£187,500	-6.25%
	07 May 2009	£200,000	14.94%
	18 Jun 2007	£174,000	26.55%
	16 Jul 2004	£137,500	58.05%
	14 Jun 2002	£87,000	167.69%
	16 Feb 1995	£32,500	First Sale
VALE HOUSE STANHOPE DRIVEDetached, FreeholdArea: 81 Sq.mtrAge: 1996-2002	14 Oct 2011	£660,000	32.01%
	01 Apr 2004	£499,950	First Sale
FLAT 4, STANHOPE LODGE STANHOPE DRIVEFlat, Leasehold	31 Aug 2000	£60,000	81.82%
FLAT 4, STANHOPE LODGE STANHOPE DRIVEFlat, Leasehold	19 Sep 1996	£33,000	First Sale
FLAT 1A, STANHOPE LODGE STANHOPE DRIVEFlat, Leasehold	18 Dec 1998	£33,000	First Sale
FLAT 6, STANHOPE LODGE STANHOPE DRIVEFlat, Leasehold	01 Dec 1995	£33,500	First Sale

Check out the sold house prices near the PO31 8BH postcode. Properties currently for saleProperties currently for rent

STANHOPE DRIVE, PO31 8BH Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO31 8BH 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 8BH postcode.

Detached
- The average price is around £411,639 median price is £346,500 Standard Deviation is £324,042 with Total Sold: 338
- The Last 5 Year average price is £775,980 with Total Sold: 50
- 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 , 11A QUEENS ROAD: £365,000 (Sold on 15 May 1995)
Flat
- The average price is around £220,227 median price is £159,975 Standard Deviation is £192,343 with Total Sold: 580
- The Last 5 Year average price is £333,353 with Total Sold: 91
- The most recent sale happened at this postcode is FLAT 22, OSBORNE COURT THE PARADE: £250,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 49 THE GREEN: £32,000 (Sold on 06 Jan 1995)
Other
- The average price is around £385,493 median price is £140,000 Standard Deviation is £785,697 with Total Sold: 17
- The Last 5 Year average price is £429,807 with Total Sold: 11
- 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 UNIT 4, NUMBER ONE THE PARADE: £240,000 (Sold on 13 Dec 2013)
Semi-Detached
- The average price is around £325,552 median price is £225,000 Standard Deviation is £276,399 with Total Sold: 145
- The Last 5 Year average price is £449,482 with Total Sold: 32
- 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 , 4 CHURCHILL ROAD: £50,100 (Sold on 28 Feb 1995)
Terraced
- The average price is around £278,721 median price is £230,000 Standard Deviation is £188,405 with Total Sold: 162
- The Last 5 Year average price is £445,467 with Total Sold: 32
- The most recent sale happened at this postcode is , 3 LANGTRY PLACE: £798,000 (Sold on 08 Apr 2024)
- The first recorded sale happened at this postcode is , 5 CASTLE ROAD: £82,500 (Sold on 14 Mar 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£680,000	£5,087	5
2023	£960,200	£5,223	10
2022	£1,041,000	£5,766	5
2021	£781,143	£5,444	7
2020	£722,346	£3,784	13
2019	£573,350	£4,413	10
2018	£473,026	£3,430	6
2017	£744,225	£3,031	4
2016	£558,833	£3,261	18
2015	£512,375	£3,321	12
2014	£622,706	£3,504	17
2013	£543,562	£3,230	8
2012	£454,992	£3,378	6
2011	£411,000	£3,054	11
2010	£386,300	£3,412	10
2009	£445,125	£3,352	8
2008	£613,400	£3,306	5
2007	£446,417	£2,400	12
2006	£312,346	£2,269	13
2005	£426,159	£2,716	11
2004	£341,247	£2,637	18
2003	£333,786	£2,500	14
2002	£247,160	£1,779	15
2001	£269,906	£1,549	17
2000	£205,048	£1,485	14
1999	£162,563	£785	12
1998	£144,766	£794	17
1997	£144,404	£964	17
1996	£111,988	£649	16
1995	£127,214	£683	7

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£276,250	£4,051	4
2023	£293,375	£4,104	8
2022	£394,105	£4,539	19
2021	£311,904	£4,019	26
2020	£395,278	£3,610	16
2019	£275,622	£3,389	18
2018	£254,500	£3,421	21
2017	£292,719	£3,406	16
2016	£295,474	£3,333	19
2015	£267,447	£3,210	19
2014	£299,050	£3,653	19
2013	£334,518	£3,404	14
2012	£315,364	£3,744	11
2011	£413,857	£3,948	14
2010	£291,839	£2,627	15
2009	£275,176	£3,526	17
2008	£340,459	£3,816	23
2007	£336,597	£3,788	29
2006	£172,141	£2,685	18
2005	£164,047	£2,628	15
2004	£175,638	£2,389	25
2003	£150,333	£2,067	12
2002	£135,147	£1,885	33
2001	£103,266	£1,357	19
2000	£91,702	£1,501	27
1999	£106,633	£1,146	27
1998	£78,837	£1,002	27
1997	£95,222	£1,105	32
1996	£41,667	£756	24
1995	£53,115	£819	13

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£90,750		4
2023	£3,440,000		1
2021	£116,750	£2,645	2
2020	£226,127	£715	3
2019	£13,000		1
2018	£198,333	£3,270	3
2017	£578,000		1
2016	£412,500	£2,455	1
2013	£240,000		1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£570,833		3
2023	£282,600	£4,067	5
2022	£696,563	£4,315	6
2021	£443,450	£4,522	9
2020	£303,250	£3,632	4
2019	£374,900	£3,402	5
2018	£611,000	£2,725	5
2017	£451,812	£3,112	8
2016	£226,667	£2,808	6
2015	£610,933	£2,685	3
2014	£463,333	£3,819	3
2013	£435,833	£2,998	3
2012	£183,500	£2,466	2
2011	£297,167	£2,959	3
2010	£185,000	£2,649	1
2009	£275,400	£2,308	5
2008	£664,375	£4,111	8
2007	£302,571	£2,972	7
2006	£299,667	£2,951	6
2005	£316,357	£3,037	7
2004	£202,750	£2,315	6
2003	£250,000	£2,170	6
2002	£169,150	£1,366	3
2001	£112,250	£1,457	4
2000	£52,475	£551	2
1999	£129,557	£1,094	7
1998	£101,667	£1,111	3
1997	£94,490	£665	5
1996	£27,000	£443	1
1995	£56,289	£794	9

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£798,000		1
2023	£501,667	£4,559	3
2022	£225,000	£3,015	1
2021	£437,125	£3,695	8
2020	£477,606	£3,497	9
2019	£393,150	£3,313	10
2018	£403,250	£2,976	6
2017	£299,600	£3,258	5
2016	£316,000	£2,712	3
2015	£387,250	£3,948	4
2014	£342,875	£2,844	4
2013	£335,000	£3,464	5
2012	£370,000	£2,827	2
2011	£330,000	£2,369	2
2010	£448,750	£3,168	4
2009	£216,667	£2,215	3
2008	£418,464	£2,954	7
2007	£315,000	£2,174	2
2006	£253,438	£2,111	8
2005	£284,389	£2,447	9
2004	£213,994	£2,304	8
2003	£220,000	£1,928	4
2002	£141,493	£1,390	7
2001	£179,357	£1,475	7
2000	£232,499	£1,506	7
1999	£124,062	£1,111	8
1998	£95,667	£944	6
1997	£81,488	£981	4
1996	£76,083	£679	3
1995	£71,625	£665	12

House Type in PO31 8BH area

The most common house types in the PO31 8BH postcode area are Detached (33), Flat (30), and Shared house (13).

Total	93
Detached	33
Flat	30
Shared house	13
Semi-detached	8
Terraced	8
converted building	1
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (59), and Private rented: Private landlord or letting agency (16).

Owned: Owns outright	59
Private rented: Private landlord or letting agency	16
Owned: Owns with a mortgage or loan	9
Private rented: Other private rented	5
Social rented: Other social rented	3
Social rented: Rents from council or Local Authority	1
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the PO31 8BH have 1 person in household (41), and 2 people in household (36).

1 person in household	41
2 people in household	36
3 people in household	9
4 people in household	4
5 people in household	1
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0