Housing Market Analysis for PALLANCE ROAD, PO31 8LN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £208,928 median price is £225,000 Standard Deviation is £99,540 with Total Sold: 17
    • The Last 5 Year average price is £210,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 17 PALLANCE ROAD: £210,000 (Sold on 09 Aug 2023)
    • The first recorded sale happened at this postcode is 32 PALLANCE ROAD: £77,000 (Sold on 05 Aug 1997)
  • Semi-Detached
    • The average price is around £202,500 median price is £202,500 Standard Deviation is £12,500 with Total Sold: 2
    • The Last 5 Year average price is £190,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 10 PALLANCE ROAD: £190,000 (Sold on 22 Mar 2019)
    • The first recorded sale happened at this postcode is 4 PALLANCE ROAD: £215,000 (Sold on 29 Nov 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8LN 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£210,000 £4,118 1
2016£289,950 £2,357 1
2015£284,000 £2,423 1
2014£265,000 £2,819 1
2013£259,000 £2,755 1
2012£410,000 £2,226 1
2011£305,000 £3,020 1
2009£225,000 £2,228 1
2008£250,000 £2,660 1
2006£291,000 £1,580 1
2004£169,624 £2,021 3
2001£59,9501
1997£64,667 £573 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£190,000 £2,135 1
2016£215,000 £3,028 1

All the Sales in the PALLANCE ROAD, PO31 8LN

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

AddressSold DatePrice% Change
17 PALLANCE ROADDetached, FreeholdArea: 51 Sq.mtrAge: 1930-194909 Aug 2023£210,000First Sale
10 PALLANCE ROADSemi-Detached, FreeholdArea: 89 Sq.mtrAge: 1930-194922 Mar 2019£190,000First Sale
4 PALLANCE ROADSemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1900-192929 Nov 2016£215,000First Sale
30 PALLANCE ROADDetached, FreeholdArea: 123 Sq.mtrAge: 1930-194920 Apr 2016£289,950First Sale
26 PALLANCE ROADDetached, FreeholdArea: 117.2 Sq.mtrAge: 1930-194916 Oct 2015£284,00026.22%
04 Dec 2009£225,000First Sale
13 PALLANCE ROADDetached, FreeholdArea: 94 Sq.mtrAge: 1900-192914 Nov 2014£265,00039.47%
20 Aug 2004£190,000First Sale
24 PALLANCE ROADDetached, FreeholdArea: 94 Sq.mtrAge: 1930-194913 Sep 2013£259,0003.60%
11 Dec 2008£250,00031.58%
02 Aug 2004£190,000First Sale
16 PALLANCE ROADDetached, FreeholdArea: 184.22 Sq.mtr14 Jun 2012£410,00040.89%
20 Dec 2006£291,000First Sale
14 PALLANCE ROADDetached, FreeholdArea: 101 Sq.mtrAge: 1930-194904 Apr 2011£305,000First Sale
5 PALLANCE ROADDetached, Freehold29 Nov 2004£128,871First Sale
3 PALLANCE ROADDetached, Freehold15 Jun 2001£59,95027.55%
23 Oct 1997£47,000First Sale
22 PALLANCE ROADDetached, FreeholdArea: 95 Sq.mtrAge: 1900-192911 Aug 1997£70,000First Sale
32 PALLANCE ROADDetached, FreeholdArea: 188 Sq.mtr05 Aug 1997£77,000First Sale

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

PALLANCE ROAD, PO31 8LN Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £169,271 median price is £171,000 Standard Deviation is £104,663 with Total Sold: 222
    • The Last 5 Year average price is £247,200 with Total Sold: 32
    • The most recent sale happened at this postcode is , 72 WYATTS LANE: £350,000 (Sold on 01 Jul 2024)
    • The first recorded sale happened at this postcode is , 37 WYATTS LANE: £55,500 (Sold on 06 Jan 1995)
  • Detached
    • The average price is around £213,299 median price is £205,000 Standard Deviation is £109,536 with Total Sold: 321
    • The Last 5 Year average price is £327,815 with Total Sold: 65
    • The most recent sale happened at this postcode is , 40 GREENWAYS: £325,000 (Sold on 09 May 2024)
    • The first recorded sale happened at this postcode is , 79 WYATTS LANE: £76,000 (Sold on 04 Aug 1995)
  • Terraced
    • The average price is around £156,822 median price is £145,000 Standard Deviation is £86,894 with Total Sold: 29
    • The Last 5 Year average price is £234,098 with Total Sold: 9
    • The most recent sale happened at this postcode is , DAPHNE COTTAGE THREE GATES ROAD: £350,000 (Sold on 19 Oct 2022)
    • The first recorded sale happened at this postcode is , 3 ROGERSON CLOSE: £61,000 (Sold on 27 Jan 1995)
  • Flat
    • The average price is around £69,610 median price is £55,500 Standard Deviation is £42,802 with Total Sold: 10
    • The Last 5 Year average price is £137,550 with Total Sold: 2
    • The most recent sale happened at this postcode is , 28 GREENWAYS: £160,100 (Sold on 05 Aug 2022)
    • The first recorded sale happened at this postcode is , 30 GREENWAYS: £32,000 (Sold on 12 Oct 1995)
  • Other
    • The average price is around £2,743,857 median price is £282,000 Standard Deviation is £2,932,273 with Total Sold: 7
    • The Last 5 Year average price is £2,820,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , INNERSPACES, 79 PLACE ROAD: £5,500,000 (Sold on 08 Feb 2022)
    • The first recorded sale happened at this postcode is , B A E SYSTEMS NEWPORT ROAD: £5,900,000 (Sold on 18 Jun 2015)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£291,667 £3,434 3
2023£321,250 £3,523 4
2022£266,400 £3,729 5
2021£229,300 £3,528 10
2020£221,750 £2,518 4
2019£206,398 £3,010 6
2018£211,400 £3,360 5
2017£324,200 £4,369 10
2016£184,535 £2,765 10
2015£154,357 £2,622 7
2014£195,857 £2,444 7
2013£188,530 £2,099 9
2012£179,250 £2,318 8
2011£202,100 £2,470 5
2010£161,750 £2,519 4
2009£179,750 £2,484 10
2008£170,500 £2,260 5
2007£177,381 £2,594 18
2006£177,514 £2,325 13
2005£184,696 £2,167 12
2004£164,658 £2,014 6
2003£145,106 £1,881 9
2002£121,833 £1,277 6
2001£82,375 £1,124 4
2000£81,238 £1,045 4
1999£76,771 £896 7
1998£66,680 £719 5
1997£63,0698
1996£44,500 £619 9
1995£51,278 £497 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,500 £4,044 4
2023£314,542 £4,069 12
2022£398,200 £4,342 15
2021£354,500 £3,274 10
2020£293,750 £3,156 12
2019£270,042 £3,082 12
2018£264,750 £2,929 4
2017£303,738 £2,821 13
2016£294,403 £2,882 16
2015£236,321 £3,013 14
2014£217,792 £2,571 12
2013£209,312 £2,500 8
2012£248,000 £2,585 9
2011£199,875 £2,361 8
2010£232,000 £2,597 8
2009£202,667 £2,211 9
2008£194,000 £2,434 11
2007£247,458 £2,440 12
2006£214,294 £2,152 12
2005£210,300 £2,596 10
2004£197,347 £1,888 11
2003£184,225 £2,221 6
2002£158,539 £1,629 14
2001£123,214 £1,683 14
2000£120,500 £1,409 5
1999£96,400 £1,052 16
1998£92,678 £976 9
1997£66,231 £701 13
1996£66,087 £816 15
1995£72,207 £819 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£289,333 £2,909 3
2021£266,000 £2,687 1
2019£194,577 £2,283 5
2018£219,975 £2,568 2
2017£278,000 £2,505 1
2016£145,000 £2,132 1
2014£149,000 £1,713 1
2013£136,000 £2,000 1
2007£174,250 £1,958 2
2006£135,500 £1,789 2
2005£110,0001
2003£105,000 £1,071 1
2002£80,000 £1,176 1
2001£98,0001
1999£46,000 £469 1
1998£45,500 £632 1
1997£47,000 £591 2
1995£47,498 £472 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£160,100 £2,502 1
2019£115,000 £1,769 1
2013£102,0001
2002£84,000 £800 1
2001£63,0001
2000£48,000 £457 1
1999£43,0001
1996£24,500 £327 2
1995£32,000 £427 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£5,500,0001
2020£140,000 £598 1
2018£246,000 £2,541 2
2017£275,000 £2,384 1
2015£6,400,0002

House Type in PO31 8LN area

The most common house types in the PO31 8LN postcode area are Detached (118), Semi-detached (42), and Terraced (1).

Total161
Detached118
Semi-detached42
Terraced1
Flat0
Shared house0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (107), and Owned: Owns with a mortgage or loan (38).

Owned: Owns outright107
Owned: Owns with a mortgage or loan38
Private rented: Private landlord or letting agency10
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the PO31 8LN have 2 people in household (69), and 1 person in household (40).

2 people in household69
1 person in household40
3 people in household29
4 people in household17
5 people in household4
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0