Are you looking to understand PO31 8LU 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 8LU area, explore the PO31 8LU Area information page.
For comprehensive crime statistics in the PO31 8LU area, explore the PO31 8LU Crime Rates page.
As per the latest sold houses in the PO31 8LU postcode area, The average prices are as follows,
Below table and chart gives the average PO31 8LU 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.
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2018 | £208,000 | 1 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 1999 | £120,000 | 1 | |
| 1998 | £77,500 | 2 |
See the table below for more details on the sold house prices in the PO31 8LU, Isle of Wight postcode.
| Address | Sold Date | Price | % Change |
|---|---|---|---|
| NEW BUNGALOW, LITTLE PALLANCE FARM PALLANCE LANEOther, Freehold | 16 Apr 2018 | £208,000 | First Sale |
| 1, PALLANCE FARM COTTAGES PALLANCE LANESemi-Detached, Freehold | 09 Jul 1999 | £120,000 | First Sale |
| 3, PALLANCE FARM COTTAGES PALLANCE LANESemi-Detached, Freehold | 08 Apr 1998 | £70,000 | First Sale |
| 4, PALLANCE FARM COTTAGES PALLANCE LANESemi-Detached, Freehold | 22 Jan 1998 | £85,000 | First Sale |
Check out the sold house prices near the PO31 8LU postcode. Properties currently for saleProperties currently for rent
This Interactive map can help you visualize the nearby sold house in the PO31 8LU postcode area
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 8LU postcode.
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2023 | £301,667 | £3,664 | 3 |
| 2020 | £258,500 | £2,479 | 2 |
| 2018 | £165,000 | £1,813 | 1 |
| 2016 | £198,500 | £2,423 | 2 |
| 2015 | £217,500 | £2,197 | 1 |
| 2014 | £209,475 | £2,317 | 2 |
| 2013 | £225,000 | £2,224 | 2 |
| 2010 | £196,000 | £1,815 | 1 |
| 2009 | £250,000 | 1 | |
| 2007 | £218,500 | £2,163 | 1 |
| 2006 | £234,975 | 2 | |
| 2005 | £168,000 | 1 | |
| 2004 | £160,000 | 1 | |
| 2003 | £138,750 | £1,475 | 2 |
| 2001 | £105,000 | £1,040 | 1 |
| 2000 | £126,000 | £693 | 2 |
| 1999 | £115,000 | £830 | 3 |
| 1998 | £77,500 | 2 | |
| 1997 | £79,167 | £833 | 3 |
| 1995 | £65,333 | £683 | 3 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2023 | £350,000 | £3,096 | 1 |
| 2022 | £385,000 | £3,892 | 2 |
| 2021 | £453,250 | £3,883 | 4 |
| 2020 | £346,250 | £2,740 | 4 |
| 2019 | £332,500 | £2,914 | 2 |
| 2017 | £425,000 | £2,852 | 1 |
| 2016 | £442,500 | £3,154 | 4 |
| 2015 | £243,750 | £2,329 | 4 |
| 2014 | £275,000 | £2,562 | 2 |
| 2013 | £196,500 | £2,713 | 2 |
| 2012 | £296,000 | £1,731 | 1 |
| 2010 | £235,500 | £2,267 | 5 |
| 2008 | £255,000 | £2,806 | 4 |
| 2007 | £306,917 | £2,567 | 6 |
| 2006 | £362,450 | 2 | |
| 2005 | £240,000 | £2,951 | 1 |
| 2004 | £217,500 | £3,901 | 2 |
| 2003 | £248,900 | 1 | |
| 2002 | £162,638 | £2,536 | 4 |
| 2001 | £150,500 | £1,614 | 5 |
| 2000 | £121,250 | 2 | |
| 1999 | £116,875 | £1,014 | 4 |
| 1997 | £88,029 | £950 | 7 |
| 1996 | £76,900 | £845 | 5 |
| 1995 | £58,050 | £561 | 4 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2019 | £115,000 | £1,769 | 1 |
| 2013 | £102,000 | 1 | |
| 2002 | £84,000 | £800 | 1 |
| 2000 | £48,000 | £457 | 1 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2018 | £208,000 | 1 | |
| 2017 | £137,500 | £588 | 1 |
| 2016 | £40,000 | 1 |
| Year | Avg. Price | Avg. Price/Sq. mtr | Sold |
|---|---|---|---|
| 2016 | £172,500 | £2,331 | 1 |
| 2015 | £186,500 | £2,302 | 1 |
| 2009 | £168,000 | £2,301 | 1 |
| 2008 | £215,975 | £2,566 | 2 |
| 2007 | £164,000 | 1 | |
| 2006 | £163,000 | £2,203 | 1 |
| 2000 | £78,000 | £963 | 1 |
| 1998 | £55,500 | £750 | 1 |
| 1997 | £45,000 | 1 |
The most common house types in the PO31 8LU postcode area are Detached (125), Semi-detached (20), and Terraced (4).
| Total | 158 |
| Detached | 125 |
| Semi-detached | 20 |
| Terraced | 4 |
| Shared house | 4 |
| Flat | 2 |
| temporary structure | 2 |
| commercial building | 1 |
| converted building | 0 |
As per the tenure of household, most of the the properties are Owned: Owns outright (93), and Owned: Owns with a mortgage or loan (41).
| Owned: Owns outright | 93 |
| Owned: Owns with a mortgage or loan | 41 |
| Private rented: Private landlord or letting agency | 16 |
| Private rented: Other private rented | 6 |
| Does not apply | 0 |
| Shared ownership: Shared ownership | 0 |
| Social rented: Rents from council or Local Authority | 0 |
| Social rented: Other social rented | 0 |
| Lives rent free | 0 |
The most houses in the PO31 8LU have 2 people in household (66), and 1 person in household (47).
| 2 people in household | 66 |
| 1 person in household | 47 |
| 3 people in household | 20 |
| 4 people in household | 14 |
| 5 people in household | 7 |
| 6 people in household | 1 |
| 0 people in household | 0 |
| 7 people in household | 0 |
| 8 or more people in household | 0 |