Housing Market Analysis for REW STREET, PO31 8NP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £244,000 median price is £255,000 Standard Deviation is £131,093 with Total Sold: 4
    • The most recent sale happened at this postcode is HOMESTEAD REW STREET: £385,000 (Sold on 09 Mar 2018)
    • The first recorded sale happened at this postcode is REST A WYLE REW STREET: £81,000 (Sold on 20 Mar 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8NP 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
2018£385,000 £2,601 1
2013£150,000 £1,899 1
2007£360,000 £2,432 1
1998£81,000 £750 1

All the Sales in the REW STREET, PO31 8NP

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

AddressSold DatePrice% Change
HOMESTEAD REW STREETDetached, FreeholdArea: 148 Sq.mtrAge: 1930-194909 Mar 2018£385,0006.94%
03 Oct 2007£360,000First Sale
DEVORAN REW STREETDetached, FreeholdArea: 79 Sq.mtrAge: 1930-194920 Dec 2013£150,000First Sale
REST A WYLE REW STREETDetached, FreeholdArea: 108 Sq.mtrAge: 1930-194920 Mar 1998£81,000First Sale

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

REW STREET, PO31 8NP Near By properties

Interactive Map

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

  • Other
    • The average price is around £67,410 median price is £43,000 Standard Deviation is £115,614 with Total Sold: 28
    • The Last 5 Year average price is £76,594 with Total Sold: 21
    • The most recent sale happened at this postcode is , 127 GURNARD PINES: £25,000 (Sold on 23 Apr 2024)
    • The first recorded sale happened at this postcode is , 138 GURNARD PINES: £39,000 (Sold on 09 Nov 2016)
  • Detached
    • The average price is around £258,135 median price is £237,475 Standard Deviation is £151,310 with Total Sold: 72
    • The Last 5 Year average price is £380,300 with Total Sold: 10
    • The most recent sale happened at this postcode is , PINE VIEW REW STREET: £415,000 (Sold on 07 Jul 2023)
    • The first recorded sale happened at this postcode is , THE HONEY POT REW STREET: £29,250 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £53,454 median price is £54,250 Standard Deviation is £9,131 with Total Sold: 12
    • The Last 5 Year average price is £60,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , 136 GURNARD PINES: £56,500 (Sold on 28 Jun 2023)
    • The first recorded sale happened at this postcode is , 133 GURNARD PINES: £40,000 (Sold on 28 Mar 2003)
  • Semi-Detached
    • The average price is around £119,716 median price is £52,500 Standard Deviation is £118,451 with Total Sold: 19
    • The Last 5 Year average price is £55,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 63 GURNARD PINES: £55,000 (Sold on 12 May 2023)
    • The first recorded sale happened at this postcode is , REW STREET FARM HOUSE REW STREET: £197,500 (Sold on 17 Sep 1999)

Sold Price Trend Over the Years:

House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£25,0001
2023£50,667 £1,345 3
2022£56,500 £1,459 4
2021£47,103 £1,077 5
2020£146,833 £1,599 6
2019£44,475 £1,140 2
2018£45,500 £1,051 2
2017£37,250 £974 4
2016£39,000 £1,054 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£470,000 £4,984 2
2022£500,000 £4,098 1
2021£411,667 £3,364 3
2020£320,000 £2,978 1
2019£269,333 £3,338 3
2018£473,750 £2,955 2
2017£355,000 £3,202 2
2016£249,000 £3,000 1
2015£400,667 £2,716 3
2014£330,000 £3,697 4
2013£263,875 £2,360 4
2012£330,000 £2,457 1
2011£265,000 £2,863 2
2010£373,750 £3,003 2
2008£317,000 £3,324 3
2007£295,000 £2,285 6
2006£296,875 £2,014 4
2004£212,990 £1,640 5
2003£194,000 £2,002 3
2002£189,000 £1,407 1
2001£29,500 £658 2
2000£240,000 £2,767 1
1999£177,500 £1,188 2
1998£101,429 £820 7
1997£93,000 £713 2
1996£109,500 £805 2
1995£59,250 £831 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£56,500 £1,487 1
2022£65,000 £1,711 1
2014£35,000 £921 1
2010£59,950 £1,620 1
2007£64,000 £1,684 2
2006£54,000 £1,385 1
2004£52,167 £1,361 3
2003£43,250 £1,138 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£55,000 £1,410 1
2017£300,000 £3,249 1
2016£154,625 £1,719 2
2015£42,000 £1,077 1
2014£156,250 £2,021 2
2010£233,000 £2,523 1
2009£52,500 £1,458 1
2007£57,850 £1,483 1
2006£49,500 £1,322 2
2004£238,000 £1,211 2
2002£27,750 £718 2
2001£25,000 £641 1
2000£59,500 £356 1
1999£197,5001

House Type in PO31 8NP area

The most common house types in the PO31 8NP postcode area are Detached (64), Semi-detached (8), and Terraced (3).

Total76
Detached64
Semi-detached8
Terraced3
temporary structure1
Flat0
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (49), and Owned: Owns with a mortgage or loan (23).

Owned: Owns outright49
Owned: Owns with a mortgage or loan23
Private rented: Private landlord or letting agency3
Private rented: Other private rented1
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 8NP have 2 people in household (38), and 1 person in household (18).

2 people in household38
1 person in household18
3 people in household10
4 people in household4
5 people in household4
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0