Housing Market Analysis for PRINCES ESPLANADE, PO31 8LE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £401,043 median price is £240,000 Standard Deviation is £331,028 with Total Sold: 23
    • The Last 5 Year average price is £706,167 with Total Sold: 6
    • The most recent sale happened at this postcode is PRIMROSE COTTAGES, 16 PRINCES ESPLANADE: £240,000 (Sold on 18 Nov 2022)
    • The first recorded sale happened at this postcode is 21 PRINCES ESPLANADE: £118,500 (Sold on 06 Feb 1996)
  • Other
    • The average price is around £613,548 median price is £627,846 Standard Deviation is £484,788 with Total Sold: 4
    • The Last 5 Year average price is £613,548 with Total Sold: 4
    • The most recent sale happened at this postcode is THE WOODVALE, 1 PRINCES ESPLANADE: £160,000 (Sold on 24 May 2022)
    • The first recorded sale happened at this postcode is THE WOODVALE, 1 PRINCES ESPLANADE: £1,100,000 (Sold on 19 Jul 2023)
  • Semi-Detached
    • The average price is around £449,500 median price is £449,500 Standard Deviation is £175,500 with Total Sold: 2
    • The Last 5 Year average price is £625,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 23A PRINCES ESPLANADE: £625,000 (Sold on 29 Mar 2021)
    • The first recorded sale happened at this postcode is 23A PRINCES ESPLANADE: £274,000 (Sold on 27 Jan 2012)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8LE 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
2022£741,667 £5,845 3
2021£670,667 £4,240 3
2018£308,000 £2,316 1
2017£1,250,0001
2007£470,000 £4,126 2
2006£485,000 £3,170 1
2004£87,000 £654 1
2003£413,0001
2000£182,250 £1,211 2
1999£218,333 £1,613 3
1998£80,0001
1997£125,000 £453 1
1996£93,167 £429 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£160,0001
2019£597,0962
2023£1,100,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£625,000 £8,184 1
2012£274,000 £3,588 1

All the Sales in the PRINCES ESPLANADE, PO31 8LE

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

AddressSold DatePrice% Change
PRIMROSE COTTAGES, 16 PRINCES ESPLANADEDetached, Freehold18 Nov 2022£240,000First Sale
14 PRINCES ESPLANADEDetached, FreeholdArea: 111 Sq.mtrAge: 1996-200230 Sep 2022£835,00077.66%
12 Sep 2007£470,000135.00%
25 Feb 2000£200,000First Sale
THE WOODVALE, 1 PRINCES ESPLANADEOther, Leasehold24 May 2022£160,000-85.40%
14 Mar 2019£1,095,691-0.39%
19 Jul 2023£1,100,000First Sale
21 PRINCES ESPLANADEDetached, FreeholdArea: 276 Sq.mtrAge: INVALID!05 Jan 2022£1,150,000820.00%
21 Feb 1997£125,0005.49%
06 Feb 1996£118,500First Sale
17 PRINCES ESPLANADEDetached, FreeholdArea: 117 Sq.mtrAge: 1996-200209 Jun 2021£767,00063.19%
08 Nov 2007£470,000111.24%
15 Dec 1999£222,500First Sale
23A PRINCES ESPLANADESemi-Detached, FreeholdArea: 76.37 Sq.mtrAge: 1983-199029 Mar 2021£625,000128.10%
27 Jan 2012£274,000First Sale
8 PRINCES ESPLANADEDetached, FreeholdArea: 322 Sq.mtrAge: 202418 Mar 2021£575,000First Sale
15 PRINCES ESPLANADEDetached, FreeholdArea: 153 Sq.mtrAge: 1996-200215 Feb 2021£670,00038.14%
02 May 2006£485,000139.51%
30 Nov 1999£202,500First Sale
BLUE WATERS, 19 PRINCES ESPLANADEOther, Freehold26 Sep 2019£98,500First Sale
12 PRINCES ESPLANADEDetached, FreeholdArea: 133 Sq.mtrAge: 1991-199519 Dec 2018£308,000254.02%
01 Dec 2004£87,000First Sale
THE BEACH HOUSE, 10 PRINCES ESPLANADEDetached, Freehold21 Apr 2017£1,250,000First Sale
22 PRINCES ESPLANADEDetached, Freehold27 Jun 2003£413,000First Sale
10 PRINCES ESPLANADEDetached, FreeholdArea: 265 Sq.mtrAge: 2003-200628 Feb 2000£164,500First Sale
16A PRINCES ESPLANADEDetached, Freehold01 Nov 1999£230,000First Sale
25 PRINCES ESPLANADEDetached, Freehold20 Aug 1998£80,000First Sale
24 PRINCES ESPLANADEDetached, Freehold20 Dec 1996£46,000First Sale
6 PRINCES ESPLANADEDetached, Freehold02 Jul 1996£115,000First Sale

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

PRINCES ESPLANADE, PO31 8LE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £212,992 median price is £182,500 Standard Deviation is £155,377 with Total Sold: 59
    • The Last 5 Year average price is £367,917 with Total Sold: 6
    • The most recent sale happened at this postcode is , 56 WORSLEY ROAD: £450,000 (Sold on 31 May 2024)
    • The first recorded sale happened at this postcode is , 70 WORSLEY ROAD: £73,500 (Sold on 31 Oct 1995)
  • Other
    • The average price is around £479,419 median price is £367,500 Standard Deviation is £332,853 with Total Sold: 10
    • The Last 5 Year average price is £595,838 with Total Sold: 5
    • 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 , 40 SHORE ROAD: £470,000 (Sold on 31 Mar 2017)
  • Detached
    • The average price is around £314,904 median price is £290,000 Standard Deviation is £220,959 with Total Sold: 352
    • The Last 5 Year average price is £609,546 with Total Sold: 39
    • The most recent sale happened at this postcode is , 1 GURNARD HEIGHTS: £405,000 (Sold on 21 Mar 2024)
    • The first recorded sale happened at this postcode is , 60 WORSLEY ROAD: £112,500 (Sold on 25 Jan 1995)
  • Flat
    • The average price is around £398,817 median price is £337,500 Standard Deviation is £223,650 with Total Sold: 32
    • The Last 5 Year average price is £495,833 with Total Sold: 6
    • The most recent sale happened at this postcode is PENTHOUSE, CASTLEPOINT SOLENT SHORES: £1,300,000 (Sold on 17 Nov 2023)
    • The first recorded sale happened at this postcode is FLAT 1, HAWKINS EGYPT ESPLANADE: £210,750 (Sold on 28 Jul 1998)
  • Terraced
    • The average price is around £324,786 median price is £210,000 Standard Deviation is £273,715 with Total Sold: 28
    • The Last 5 Year average price is £900,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , EBISU SOLENT SHORES: £970,000 (Sold on 10 Feb 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£450,0001
2021£625,000 £8,184 1
2020£310,000 £3,531 2
2019£256,250 £2,910 2
2016£432,167 £3,235 6
2014£250,000 £2,033 1
2013£255,375 £3,001 4
2012£197,000 £2,573 2
2011£330,000 £2,333 1
2010£294,000 £2,568 2
2008£277,5001
2007£295,000 £2,609 1
2006£265,000 £2,477 1
2005£303,333 £3,625 3
2003£209,6252
2002£168,800 £1,881 5
2001£121,375 £1,326 4
2000£96,850 £1,139 5
1999£102,000 £780 2
1998£88,500 £776 4
1997£69,500 £698 3
1996£66,7624
1995£84,2502
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£525,0001
2023£1,100,0001
2022£160,0001
2019£597,0962
2018£305,000 £7,684 3
2017£450,0002
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£490,000 £4,206 2
2023£764,757 £4,766 7
2022£595,167 £5,267 6
2021£557,583 £4,324 6
2020£606,964 £4,878 14
2019£506,250 £3,316 4
2018£393,618 £3,702 17
2017£459,219 £3,744 16
2016£389,819 £3,879 13
2015£530,000 £3,263 6
2014£343,638 £3,303 23
2013£364,150 £3,564 12
2012£397,607 £2,733 14
2011£446,000 £2,882 12
2010£357,883 £3,288 9
2009£311,222 £3,013 9
2008£357,400 £1,943 5
2007£383,500 £3,439 13
2006£331,997 £2,790 16
2005£288,170 £2,068 15
2004£237,895 £1,660 11
2003£190,496 £1,823 13
2002£197,115 £1,657 13
2001£153,747 £1,747 16
2000£149,107 £1,013 14
1999£140,625 £1,032 16
1998£118,833 £983 9
1997£95,792 £726 17
1996£86,746 £591 12
1995£81,177 £619 12
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£1,300,0001
2022£345,000 £4,507 3
2020£320,000 £3,797 2
2018£420,000 £5,908 2
2017£455,000 £5,688 1
2016£343,333 £5,723 3
2015£458,225 £3,487 4
2013£347,5002
2012£333,000 £3,943 5
2009£650,0001
2006£595,0001
2005£690,0001
1999£235,7502
1998£215,6884
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£970,0001
2021£975,000 £5,165 1
2019£755,000 £3,512 1
2018£755,000 £3,756 1
2017£820,0001
2016£205,000 £3,154 1
2015£370,000 £2,327 1
2014£379,333 £2,171 3
2011£235,000 £2,612 1
2010£220,000 £2,959 1
2009£262,500 £2,159 2
2007£215,000 £2,263 1
2006£230,0001
2005£166,250 £2,131 2
2004£346,000 £1,295 1
2001£185,000 £1,164 1
2000£131,667 £729 3
1999£102,500 £678 2
1998£92,5001
1997£85,000 £318 1
1995£40,0001

House Type in PO31 8LE area

The most common house types in the PO31 8LE postcode area are Detached (99), Semi-detached (11), and Terraced (4).

Total118
Detached99
Semi-detached11
Terraced4
Flat2
Shared house2
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (77), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright77
Owned: Owns with a mortgage or loan31
Private rented: Private landlord or letting agency6
Private rented: Other private rented2
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 8LE have 2 people in household (52), and 1 person in household (31).

2 people in household52
1 person in household31
4 people in household20
3 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