Housing Market Analysis for PALLANCE ROAD, PO31 8LW

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £268,879 median price is £256,000 Standard Deviation is £147,851 with Total Sold: 29
    • The Last 5 Year average price is £402,400 with Total Sold: 5
    • The most recent sale happened at this postcode is 58A PALLANCE ROAD: £650,000 (Sold on 06 Oct 2022)
    • The first recorded sale happened at this postcode is 54 PALLANCE ROAD: £83,000 (Sold on 01 May 1997)
  • Semi-Detached
    • The average price is around £230,000 median price is £230,000 Standard Deviation is £12,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 46 PALLANCE ROAD: £242,500 (Sold on 01 Dec 2017)
    • The first recorded sale happened at this postcode is 46A PALLANCE ROAD: £217,500 (Sold on 11 Dec 2009)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8LW 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£570,000 £4,772 2
2020£280,000 £2,800 1
2019£296,0002
2017£367,500 £3,103 2
2016£423,667 £3,254 3
2015£240,000 £2,941 2
2014£280,000 £2,434 2
2013£237,500 £2,818 2
2011£155,000 £1,864 2
2009£237,500 £1,899 2
2008£235,000 £1,808 1
2006£245,000 £914 2
2002£148,167 £2,390 3
2000£112,000 £1,575 1
1999£115,000 £1,018 1
1997£83,000 £735 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£242,500 £2,787 1
2009£217,500 £2,153 1

All the Sales in the PALLANCE ROAD, PO31 8LW

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

AddressSold DatePrice% Change
58A PALLANCE ROADDetached, FreeholdArea: 138 Sq.mtr06 Oct 2022£650,000First Sale
43 PALLANCE ROADDetached, FreeholdArea: 101.38 Sq.mtrAge: 1976-198218 Feb 2022£490,000104.17%
11 Jul 2014£240,00017.07%
30 Sep 2009£205,000First Sale
25 PALLANCE ROADDetached, FreeholdArea: 100 Sq.mtrAge: 1967-197507 Jan 2020£280,000First Sale
HAZELGROVE, 35 PALLANCE ROADDetached, Freehold09 Dec 2019£307,000First Sale
21 PALLANCE ROADDetached, Freehold28 Feb 2019£285,0001.79%
16 Oct 2015£280,000First Sale
46 PALLANCE ROADSemi-Detached, FreeholdArea: 87 Sq.mtrAge: 1900-192901 Dec 2017£242,500First Sale
THE LOFT, 60A PALLANCE ROADDetached, Freehold07 Jul 2017£375,000First Sale
56A PALLANCE ROADDetached, FreeholdArea: 116 Sq.mtrAge: 2007 onwards27 Jan 2017£360,000First Sale
38 PALLANCE ROADDetached, FreeholdArea: 126 Sq.mtrAge: 1967-197505 Sep 2016£275,000First Sale
52 PALLANCE ROADDetached, FreeholdArea: 186 Sq.mtr18 Mar 2016£740,000335.29%
20 Apr 2006£170,000First Sale
34 PALLANCE ROADDetached, FreeholdArea: 71.12 Sq.mtrAge: 1967-197505 Feb 2016£256,00011.30%
01 Nov 2011£230,00035.29%
17 Oct 2002£170,00051.79%
23 Mar 2000£112,000First Sale
29 PALLANCE ROADDetached, FreeholdArea: 68 Sq.mtrAge: 1930-194926 Jun 2015£200,000First Sale
56 PALLANCE ROADDetached, FreeholdArea: 127.99 Sq.mtr21 Aug 2014£320,000First Sale
41 PALLANCE ROADDetached, FreeholdArea: 130 Sq.mtrAge: 1950-196606 Sep 2013£280,00019.15%
04 Mar 2008£235,000First Sale
33 PALLANCE ROADDetached, FreeholdArea: 56 Sq.mtrAge: 1930-194921 Aug 2013£195,000First Sale
49 PALLANCE ROADDetached, FreeholdArea: 162 Sq.mtr20 May 2011£80,000First Sale
46A PALLANCE ROADSemi-Detached, FreeholdArea: 101 Sq.mtr11 Dec 2009£217,500First Sale
40 PALLANCE ROADDetached, FreeholdArea: 129.2 Sq.mtrAge: 1967-197509 Dec 2009£270,000First Sale
47 PALLANCE ROADDetached, Freehold24 Nov 2006£320,000First Sale
44 PALLANCE ROADDetached, Freehold06 Sep 2002£148,50017.86%
22 Mar 2002£126,000First Sale
54 PALLANCE ROADDetached, FreeholdArea: 113 Sq.mtrAge: 1983-199001 Jun 1999£115,00038.55%
01 May 1997£83,000First Sale

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

PALLANCE ROAD, PO31 8LW Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £170,570 median price is £170,000 Standard Deviation is £108,387 with Total Sold: 198
    • The Last 5 Year average price is £249,387 with Total Sold: 31
    • 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 £206,721 median price is £205,000 Standard Deviation is £104,816 with Total Sold: 342
    • The Last 5 Year average price is £318,526 with Total Sold: 61
    • 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 , 109 PALLANCE ROAD: £54,000 (Sold on 07 Apr 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)
  • Terraced
    • The average price is around £151,384 median price is £154,000 Standard Deviation is £74,182 with Total Sold: 32
    • The Last 5 Year average price is £214,555 with Total Sold: 7
    • The most recent sale happened at this postcode is , 8 WROXALL CLOSE: £180,000 (Sold on 22 Jul 2022)
    • The first recorded sale happened at this postcode is , 17 WROXALL CLOSE: £33,995 (Sold on 08 Dec 1995)
  • Other
    • The average price is around £199,000 median price is £275,000 Standard Deviation is £112,466 with Total Sold: 3
    • The most recent sale happened at this postcode is , 1 CRANLEIGH GARDENS: £282,000 (Sold on 11 Dec 2018)
    • The first recorded sale happened at this postcode is , 85 PALLANCE ROAD: £40,000 (Sold on 27 May 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£295,0002
2023£298,333 £3,643 6
2022£265,500 £3,885 4
2021£229,300 £3,528 10
2020£247,300 £2,503 5
2019£189,875 £3,002 4
2018£202,400 £3,126 5
2017£335,556 £4,574 9
2016£189,335 £2,741 10
2015£146,750 £2,657 6
2014£199,619 £2,441 8
2013£188,972 £2,081 8
2012£172,000 £2,287 7
2011£183,667 £2,656 3
2010£166,250 £2,463 4
2009£175,688 £2,625 8
2008£166,667 £2,260 3
2007£170,996 £2,761 13
2006£179,474 £2,350 12
2005£192,845 £2,239 10
2004£168,5905
2003£148,050 £1,833 9
2002£115,200 £1,035 5
2001£87,167 £1,047 3
2000£86,990 £928 5
1999£84,983 £823 6
1998£66,680 £719 5
1997£62,131 £833 8
1996£43,500 £610 6
1995£49,722 £543 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,500 £4,044 4
2023£300,100 £3,831 11
2022£419,773 £4,299 11
2021£300,727 £3,371 11
2020£295,385 £3,180 13
2019£283,045 £3,103 11
2018£258,167 £2,994 6
2017£313,622 £2,816 9
2016£295,945 £2,879 19
2015£227,731 £2,906 13
2014£226,900 £2,542 15
2013£209,312 £2,500 8
2012£250,875 £2,558 8
2011£209,250 £2,385 8
2010£214,714 £2,712 7
2009£210,375 £2,231 8
2008£212,438 £2,523 16
2007£256,192 £2,583 13
2006£240,341 £2,152 13
2005£213,500 £2,444 13
2004£187,902 £1,714 12
2003£184,225 £2,221 6
2002£157,472 £1,655 16
2001£120,800 £1,651 13
2000£116,667 £1,409 6
1999£92,942 £1,047 19
1998£92,678 £976 9
1997£72,235 £749 17
1996£66,600 £785 18
1995£62,439 £768 9
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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£259,000 £2,441 2
2021£266,000 £2,687 1
2019£179,471 £2,154 4
2018£199,950 £2,499 1
2017£278,000 £2,505 1
2016£158,750 £2,232 2
2015£186,500 £2,302 1
2014£149,000 £1,713 1
2013£136,000 £2,000 1
2009£168,000 £2,301 1
2008£215,975 £2,566 2
2007£170,833 £1,958 3
2006£144,667 £1,927 3
2003£105,000 £1,071 1
2002£80,000 £1,176 1
2000£78,000 £963 1
1999£46,000 £469 1
1998£50,500 £691 2
1997£42,500 £588 2
1995£33,995 £472 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£282,000 £2,541 1
2017£275,000 £2,384 1
2016£40,0001

House Type in PO31 8LW area

The most common house types in the PO31 8LW postcode area are Detached (125), Semi-detached (20), and Terraced (4).

Total158
Detached125
Semi-detached20
Terraced4
Shared house4
Flat2
temporary structure2
commercial building1
converted building0

Tenure of household

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 outright93
Owned: Owns with a mortgage or loan41
Private rented: Private landlord or letting agency16
Private rented: Other private rented6
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 8LW have 2 people in household (66), and 1 person in household (47).

2 people in household66
1 person in household47
3 people in household20
4 people in household14
5 people in household7
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0