Housing Market Analysis for OLD SCHOOL PLACE, PO31 8EZ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £427,500 median price is £407,500 Standard Deviation is £249,111 with Total Sold: 4
    • The Last 5 Year average price is £675,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 OLD SCHOOL PLACE: £715,000 (Sold on 05 Jul 2023)
    • The first recorded sale happened at this postcode is 1 OLD SCHOOL PLACE: £180,000 (Sold on 02 Mar 2018)
  • Other
    • The average price is around £190,000 median price is £190,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is PLOT 2, OLD SCHOOL HOUSE COCKLETON LANE: £190,000 (Sold on 30 Aug 2018)
    • The first recorded sale happened at this postcode is PLOT 2, OLD SCHOOL HOUSE COCKLETON LANE: £190,000 (Sold on 30 Aug 2018)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8EZ 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
2023£715,000 £5,107 1
2021£635,000 £4,536 1
2018£180,000 £1,122 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£190,0001

All the Sales in the OLD SCHOOL PLACE, PO31 8EZ

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

AddressSold DatePrice% Change
1 OLD SCHOOL PLACEDetached, FreeholdArea: 140 Sq.mtrAge: 201805 Jul 2023£715,00012.60%
19 Aug 2021£635,000252.78%
02 Mar 2018£180,000First Sale
PLOT 2, OLD SCHOOL HOUSE COCKLETON LANEOther, Freehold30 Aug 2018£190,000First Sale
2 OLD SCHOOL PLACEDetached, FreeholdArea: 188 Sq.mtrAge: 201802 Mar 2018£180,000First Sale

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

OLD SCHOOL PLACE, PO31 8EZ Near By properties

Interactive Map

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

  • Flat
    • The average price is around £66,599 median price is £57,000 Standard Deviation is £35,823 with Total Sold: 45
    • The Last 5 Year average price is £87,700 with Total Sold: 5
    • The most recent sale happened at this postcode is , 201 GURNARD PINES: £65,000 (Sold on 23 Jul 2024)
    • The first recorded sale happened at this postcode is , 16 GURNARD PINES: £17,000 (Sold on 22 Dec 1995)
  • Semi-Detached
    • The average price is around £182,470 median price is £175,000 Standard Deviation is £109,449 with Total Sold: 247
    • The Last 5 Year average price is £248,136 with Total Sold: 56
    • The most recent sale happened at this postcode is , 26 HILTON ROAD: £375,000 (Sold on 04 Jun 2024)
    • The first recorded sale happened at this postcode is , 15 CHURCH ROAD: £39,500 (Sold on 30 Jun 1995)
  • Other
    • The average price is around £165,873 median price is £61,250 Standard Deviation is £713,200 with Total Sold: 86
    • The Last 5 Year average price is £92,231 with Total Sold: 54
    • The most recent sale happened at this postcode is , 3 WESTBROOK LANE: £525,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 86 GURNARD PINES: £6,679,142 (Sold on 17 May 2013)
  • Detached
    • The average price is around £307,226 median price is £257,000 Standard Deviation is £234,607 with Total Sold: 315
    • The Last 5 Year average price is £544,801 with Total Sold: 67
    • The most recent sale happened at this postcode is , 19 HILTON ROAD: £430,000 (Sold on 27 Nov 2023)
    • The first recorded sale happened at this postcode is , 65 SOLENT VIEW ROAD: £95,000 (Sold on 10 Feb 1995)
  • Terraced
    • The average price is around £148,692 median price is £155,000 Standard Deviation is £78,592 with Total Sold: 89
    • The Last 5 Year average price is £246,650 with Total Sold: 10
    • The most recent sale happened at this postcode is , 39 ALBERT ROAD: £275,000 (Sold on 17 Apr 2023)
    • The first recorded sale happened at this postcode is , 29 SOLENT VIEW ROAD: £40,000 (Sold on 07 Jul 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£65,0001
2023£56,500 £1,487 1
2022£65,000 £1,711 1
2021£126,000 £1,958 2
2018£85,000 £2,576 1
2017£102,500 £1,614 2
2016£95,000 £1,439 1
2014£35,000 £921 1
2013£125,000 £1,548 1
2011£86,500 £2,621 1
2010£91,317 £1,526 3
2009£38,000 £1,000 1
2007£80,667 £1,820 6
2006£79,000 £1,766 4
2005£57,0001
2004£56,999 £1,322 6
2003£50,899 £1,110 5
2002£29,500 £579 2
1997£23,167 £461 3
1996£16,000 £410 1
1995£17,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£330,000 £3,684 5
2023£288,600 £3,527 5
2022£208,541 £2,773 11
2021£293,000 £3,349 5
2020£218,889 £2,428 21
2019£271,889 £2,949 9
2018£249,333 £2,816 9
2017£212,386 £2,477 7
2016£267,231 £2,505 13
2015£195,675 £2,265 10
2014£187,462 £2,129 13
2013£178,300 £2,615 5
2012£188,000 £2,177 7
2011£190,643 £1,948 7
2010£222,867 £3,355 12
2009£100,000 £1,783 4
2008£239,167 £2,810 3
2007£219,495 £2,267 11
2006£139,100 £1,970 5
2005£219,750 £2,268 10
2004£159,714 £1,777 7
2003£152,800 £1,540 5
2002£101,895 £1,067 11
2001£101,931 £1,271 8
2000£107,500 £1,185 10
1999£62,400 £822 5
1998£76,000 £672 7
1997£58,780 £613 5
1996£55,818 £578 11
1995£48,250 £484 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£275,0002
2023£69,000 £1,413 5
2022£91,739 £1,407 23
2021£114,956 £1,443 11
2020£54,938 £1,143 8
2019£54,290 £1,068 5
2018£79,958 £1,126 12
2017£87,471 £1,108 17
2016£79,500 £1,054 2
2013£6,679,1421
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£645,636 £5,202 11
2022£791,214 £5,873 7
2021£463,646 £4,563 12
2020£506,058 £4,026 26
2019£467,268 £3,104 11
2018£365,405 £2,428 14
2017£395,594 £3,258 16
2016£327,909 £2,925 17
2015£319,913 £2,728 16
2014£370,833 £2,877 6
2013£354,812 £3,192 8
2012£267,643 £2,576 7
2011£305,000 £2,640 3
2010£358,286 £3,032 7
2009£245,833 £2,409 9
2008£220,083 £2,406 6
2007£341,773 £2,469 11
2006£322,370 £2,621 10
2005£250,162 £2,492 12
2004£258,350 £2,401 10
2003£209,950 £2,147 11
2002£193,821 £1,273 14
2001£128,346 £956 13
2000£130,355 £811 11
1999£93,857 £998 7
1998£78,988 £746 8
1997£75,525 £658 10
1996£63,250 £657 10
1995£72,719 £664 12
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£275,000 £1,937 1
2022£282,500 £4,952 2
2021£259,000 £4,834 3
2020£218,000 £2,863 2
2019£206,750 £2,864 2
2018£247,167 £2,557 6
2016£185,000 £2,756 3
2015£161,500 £2,657 2
2014£191,500 £2,508 4
2013£221,500 £2,801 2
2012£169,500 £2,489 3
2011£209,000 £2,251 4
2010£213,000 £2,725 3
2009£166,833 £2,310 6
2008£155,000 £2,313 1
2007£175,125 £2,396 4
2006£145,250 £2,450 2
2005£126,667 £1,817 3
2004£225,725 £2,357 2
2003£95,000 £1,630 2
2002£113,750 £1,949 4
2001£78,750 £884 2
2000£79,833 £1,219 3
1999£61,730 £802 5
1998£58,214 £747 7
1997£57,225 £439 2
1996£41,417 £569 6
1995£38,000 £395 3

House Type in PO31 8EZ area

The most common house types in the PO31 8EZ postcode area are Detached (64), Semi-detached (45), and Terraced (7).

Total120
Detached64
Semi-detached45
Terraced7
Shared house2
converted building1
commercial building1
Flat0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (45).

Owned: Owns outright62
Owned: Owns with a mortgage or loan45
Private rented: Private landlord or letting agency7
Private rented: Other private rented4
Shared ownership: Shared ownership1
Social rented: Other social rented1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the PO31 8EZ have 2 people in household (50), and 1 person in household (29).

2 people in household50
1 person in household29
4 people in household23
3 people in household15
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0