Housing Market Analysis for MARINE VIEW CLOSE, PO31 8BU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £602,000 median price is £680,000 Standard Deviation is £234,584 with Total Sold: 9
    • The most recent sale happened at this postcode is 5 MARINE VIEW CLOSE: £780,000 (Sold on 26 Nov 2018)
    • The first recorded sale happened at this postcode is 1 MARINE VIEW CLOSE: £148,000 (Sold on 28 May 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8BU 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
2018£780,000 £4,483 1
2017£880,000 £4,171 1
2016£850,000 £4,028 1
2015£607,500 £3,921 2
2014£685,000 £4,477 1
2013£575,000 £4,228 1
2002£285,000 £1,351 1
1998£148,000 £701 1

All the Sales in the MARINE VIEW CLOSE, PO31 8BU

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

AddressSold DatePrice% Change
5 MARINE VIEW CLOSEDetached, FreeholdArea: 174 Sq.mtr26 Nov 2018£780,00014.71%
08 Jan 2015£680,000First Sale
1 MARINE VIEW CLOSEDetached, FreeholdArea: 211 Sq.mtr31 Mar 2017£880,000208.77%
08 May 2002£285,00092.57%
28 May 1998£148,000First Sale
2 MARINE VIEW CLOSEDetached, FreeholdArea: 211 Sq.mtr31 Aug 2016£850,000First Sale
3 MARINE VIEW CLOSEDetached, FreeholdArea: 136 Sq.mtr27 Mar 2015£535,000First Sale
6 MARINE VIEW CLOSEDetached, FreeholdArea: 153 Sq.mtr21 Aug 2014£685,000First Sale
4 MARINE VIEW CLOSEDetached, FreeholdArea: 136 Sq.mtr02 Dec 2013£575,000First Sale

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

MARINE VIEW CLOSE, PO31 8BU Near By properties

Interactive Map

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

  • Flat
    • The average price is around £179,717 median price is £151,000 Standard Deviation is £132,349 with Total Sold: 404
    • The Last 5 Year average price is £252,135 with Total Sold: 72
    • The most recent sale happened at this postcode is FLAT 28, BRIARY COURT EGYPT ESPLANADE: £205,000 (Sold on 16 Sep 2024)
    • The first recorded sale happened at this postcode is FLAT 3, STANHOPE LODGE STANHOPE DRIVE: £32,500 (Sold on 16 Feb 1995)
  • Detached
    • The average price is around £431,937 median price is £365,000 Standard Deviation is £339,407 with Total Sold: 294
    • The Last 5 Year average price is £872,975 with Total Sold: 40
    • The most recent sale happened at this postcode is , CRANBOURNE HOUSE EGYPT HILL: £1,450,000 (Sold on 26 Sep 2023)
    • The first recorded sale happened at this postcode is , 11A QUEENS ROAD: £365,000 (Sold on 15 May 1995)
  • Terraced
    • The average price is around £280,347 median price is £247,500 Standard Deviation is £159,508 with Total Sold: 38
    • The Last 5 Year average price is £513,000 with Total Sold: 5
    • The most recent sale happened at this postcode is , 5 CLIFF ROAD: £485,000 (Sold on 18 Sep 2023)
    • The first recorded sale happened at this postcode is , 7B QUEENS ROAD: £72,000 (Sold on 07 Apr 1995)
  • Other
    • The average price is around £1,167,500 median price is £47,500 Standard Deviation is £1,606,955 with Total Sold: 3
    • The Last 5 Year average price is £1,743,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , EGYPT HOUSE EGYPT HILL: £3,440,000 (Sold on 09 Mar 2023)
    • The first recorded sale happened at this postcode is GARAGE 3, BRIARY COURT EGYPT ESPLANADE: £15,000 (Sold on 19 Jan 2017)
  • Semi-Detached
    • The average price is around £495,030 median price is £410,000 Standard Deviation is £358,019 with Total Sold: 44
    • The Last 5 Year average price is £870,235 with Total Sold: 8
    • The most recent sale happened at this postcode is , 41 QUEENS ROAD: £1,426,880 (Sold on 17 Nov 2022)
    • The first recorded sale happened at this postcode is , 34 QUEENS ROAD: £59,950 (Sold on 27 Mar 1997)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£181,750 £3,055 4
2023£205,643 £2,979 7
2022£264,786 £3,847 14
2021£234,289 £3,355 19
2020£310,682 £3,440 11
2019£259,482 £2,978 17
2018£213,643 £3,278 7
2017£263,115 £3,491 13
2016£236,214 £3,183 14
2015£189,968 £3,100 17
2014£229,483 £3,105 15
2013£158,792 £2,923 6
2012£307,700 £3,619 5
2011£326,667 £4,712 3
2010£264,280 £3,095 11
2009£309,165 £4,139 12
2008£231,292 £3,611 12
2007£183,379 £3,318 17
2006£213,161 £2,793 9
2005£258,994 £2,938 8
2004£148,825 £2,403 12
2003£135,304 £2,285 13
2002£115,509 £1,788 27
2001£96,499 £1,414 17
2000£95,064 £1,581 21
1999£127,808 £1,419 24
1998£100,452 £1,283 26
1997£106,132 £1,284 28
1996£40,333 £945 9
1995£45,242 £792 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£949,200 £4,907 10
2022£1,041,000 £5,766 5
2021£901,600 £5,590 5
2020£904,208 £5,031 12
2019£607,938 £4,481 8
2018£528,300 £3,248 5
2017£675,380 £3,070 5
2016£580,176 £3,366 17
2015£581,650 £3,342 10
2014£578,812 £3,228 16
2013£524,167 £3,985 9
2012£459,158 £3,684 6
2011£471,143 £3,173 7
2010£408,556 £3,322 9
2009£536,000 £3,850 6
2008£613,400 £3,306 5
2007£463,538 £2,142 13
2006£317,500 £2,249 9
2005£527,107 £2,461 7
2004£327,053 £2,519 17
2003£423,000 £2,517 8
2002£245,639 £1,430 14
2001£248,424 £1,653 21
2000£196,636 £1,223 11
1999£140,084 £709 9
1998£171,073 £872 14
1997£127,492 £750 16
1996£120,308 £466 13
1995£112,214 £611 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£485,000 £4,663 1
2021£345,000 £3,860 1
2020£642,500 £4,319 2
2019£450,000 £2,650 1
2018£248,833 £2,927 3
2016£590,000 £3,172 1
2015£259,500 £3,019 2
2014£272,500 £3,342 1
2013£260,000 £3,611 1
2012£490,000 £2,898 1
2010£305,000 £2,364 1
2009£127,500 £2,215 2
2008£426,062 £2,759 4
2006£227,500 £1,744 2
2005£244,0003
2004£243,750 £2,380 4
2002£152,0001
2001£128,0001
1999£114,000 £864 1
1997£87,4752
1996£67,0001
1995£74,000 £857 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£3,440,0001
2020£47,500 £383 1
2017£15,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£940,470 £4,678 4
2021£808,333 £6,092 3
2019£775,000 £5,784 1
2018£721,667 £2,415 3
2017£1,050,0001
2016£314,0001
2015£1,365,550 £2,678 1
2014£590,000 £3,758 1
2012£120,000 £1,558 1
2011£565,000 £3,506 1
2009£450,000 £2,792 1
2008£632,857 £4,139 7
2007£445,000 £1,978 1
2006£228,0001
2005£235,000 £3,625 1
2004£292,000 £1,947 1
2003£293,333 £1,862 3
2002£189,500 £2,252 2
2001£158,000 £1,362 1
2000£94,000 £1,201 2
1999£197,983 £1,059 3
1998£110,0001
1997£86,983 £388 3

House Type in PO31 8BU area

The most common house types in the PO31 8BU postcode area are Detached (76), Shared house (22), and Terraced (18).

Total147
Detached76
Shared house22
Terraced18
Flat18
Semi-detached13
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (82), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright82
Owned: Owns with a mortgage or loan37
Private rented: Private landlord or letting agency25
Private rented: Other private rented2
Social rented: Other social rented1
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 8BU have 2 people in household (70), and 1 person in household (46).

2 people in household70
1 person in household46
3 people in household16
4 people in household13
5 people in household1
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0