Housing Market Analysis for REW STREET, PO31 8NT

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £258,104 median price is £117,250 Standard Deviation is £287,796 with Total Sold: 14
    • The Last 5 Year average price is £361,612 with Total Sold: 4
    • The most recent sale happened at this postcode is 5, HORNHILL REW STREET: £193,950 (Sold on 22 Sep 2023)
    • The first recorded sale happened at this postcode is 3, HORNHILL REW STREET: £87,500 (Sold on 14 Oct 2005)
  • Terraced
    • The average price is around £38,750 median price is £38,750 Standard Deviation is £3,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 8, HORNHILL REW STREET: £42,000 (Sold on 18 Jun 1999)
    • The first recorded sale happened at this postcode is 4, HORNHILL REW STREET: £35,500 (Sold on 09 Jun 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8NT 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£193,9501
2020£165,0001
2019£543,750 £3,762 2
2014£65,0001
2013£469,000 £3,611 2
2012£150,000 £809 2
2010£500,000 £3,378 1
2009£92,000 £2,977 1
2007£92,2502
2005£87,5001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
1999£38,7502

All the Sales in the REW STREET, PO31 8NT

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

AddressSold DatePrice% Change
5, HORNHILL REW STREETDetached, Freehold22 Sep 2023£193,95017.55%
21 Feb 2020£165,000153.85%
23 Jan 2014£65,000First Sale
THE CAUSEWAY REW STREETDetached, FreeholdArea: 309 Sq.mtrAge: 1967-197524 Apr 2019£950,000280.00%
07 Dec 2012£250,000First Sale
3, HORNHILL REW STREETDetached, FreeholdArea: 30.9 Sq.mtrAge: 1900-192902 Jan 2019£137,50088.36%
18 Dec 2013£73,000-20.65%
22 Jun 2009£92,000-5.15%
20 Jun 2007£97,00010.86%
02 Mar 2007£87,5000.0
14 Oct 2005£87,500First Sale
HILLSIDE REW STREETDetached, FreeholdArea: 178 Sq.mtrAge: before 190005 Nov 2013£865,000First Sale
7, HORNHILL REW STREETDetached, Freehold19 Oct 2012£50,000First Sale
JAMESBRIDGE REW STREETDetached, FreeholdArea: 148 Sq.mtrAge: 1930-194915 Dec 2010£500,000First Sale
8, HORNHILL REW STREETTerraced, Freehold18 Jun 1999£42,000First Sale
4, HORNHILL REW STREETTerraced, Freehold09 Jun 1999£35,500First Sale

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

REW STREET, PO31 8NT Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £184,738 median price is £192,000 Standard Deviation is £102,138 with Total Sold: 25
    • The Last 5 Year average price is £343,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 57 SOLENT VIEW ROAD: £383,000 (Sold on 09 Oct 2023)
    • The first recorded sale happened at this postcode is , 57 SOLENT VIEW ROAD: £46,000 (Sold on 28 Jul 1995)
  • Detached
    • The average price is around £280,921 median price is £195,000 Standard Deviation is £305,158 with Total Sold: 131
    • The Last 5 Year average price is £603,898 with Total Sold: 25
    • The most recent sale happened at this postcode is 5, HORNHILL REW STREET: £193,950 (Sold on 22 Sep 2023)
    • The first recorded sale happened at this postcode is , 11 BEACHSIDE CHALETS: £8,200 (Sold on 13 Jan 1995)
  • Other
    • The average price is around £119,583 median price is £132,500 Standard Deviation is £64,589 with Total Sold: 6
    • The Last 5 Year average price is £140,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , 418 GURNARD PINES: £145,000 (Sold on 14 Dec 2022)
    • The first recorded sale happened at this postcode is , 2 MARSH ROAD: £5,000 (Sold on 01 Jul 2016)
  • Terraced
    • The average price is around £156,400 median price is £172,000 Standard Deviation is £89,834 with Total Sold: 10
    • The Last 5 Year average price is £295,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 16 LOWER CHURCH ROAD: £295,000 (Sold on 08 Jul 2022)
    • The first recorded sale happened at this postcode is , 10 LOWER CHURCH ROAD: £43,500 (Sold on 04 Aug 1995)
  • Flat
    • The average price is around £62,500 median price is £56,250 Standard Deviation is £35,509 with Total Sold: 4
    • The Last 5 Year average price is £67,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 7, LOWER HORNHILL REW STREET: £67,000 (Sold on 16 Sep 2021)
    • The first recorded sale happened at this postcode is , 16 BEACHSIDE CHALETS: £20,500 (Sold on 12 Dec 1996)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£383,000 £4,614 1
2021£330,000 £3,976 1
2019£316,000 £2,821 1
2017£330,000 £2,640 1
2014£282,000 £2,256 1
2011£217,500 £2,779 1
2010£248,000 £2,807 2
2007£222,500 £2,402 2
2006£140,0001
2005£217,500 £2,091 3
2004£192,000 £2,460 1
2002£113,975 £1,304 2
2001£128,000 £1,636 1
2000£113,000 £1,444 2
1997£47,000 £602 2
1996£56,250 £648 2
1995£46,000 £554 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£583,488 £5,670 4
2022£1,242,500 £7,957 2
2021£703,000 £5,529 5
2020£477,650 £5,380 10
2019£496,750 £3,711 4
2018£418,667 £3,185 3
2017£317,917 £3,205 6
2016£260,000 £2,185 1
2015£328,434 £3,160 6
2014£564,250 £4,219 4
2013£303,500 £3,150 4
2012£202,250 £2,340 6
2011£213,333 £2,638 3
2010£360,000 £3,099 2
2009£139,000 £2,977 3
2008£220,0001
2007£325,900 £3,000 5
2006£215,000 £2,249 2
2005£185,000 £1,743 6
2004£218,000 £1,301 5
2003£215,421 £1,902 7
2002£190,000 £1,384 3
2001£121,167 £924 6
2000£118,143 £813 7
1999£70,290 £875 5
1998£62,975 £698 4
1997£72,821 £407 7
1996£62,069 £883 5
1995£62,540 £449 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£140,0003
2017£146,250 £3,495 2
2016£5,000 £51 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£295,000 £4,609 1
2013£248,000 £2,894 1
2010£209,500 £2,608 2
2009£153,000 £2,006 2
2007£175,000 £2,365 1
1999£38,7502
1995£43,500 £498 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£67,000 £1,523 1
2003£117,000 £2,659 1
2002£45,5001
1996£20,5001

House Type in PO31 8NT area

The most common house types in the PO31 8NT postcode area are Detached (63), Semi-detached (57), and temporary structure (12).

Total144
Detached63
Semi-detached57
temporary structure12
Terraced7
Flat3
commercial building2
Shared house0
converted building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (78), and Private rented: Private landlord or letting agency (40).

Owned: Owns outright78
Private rented: Private landlord or letting agency40
Owned: Owns with a mortgage or loan19
Private rented: Other private rented6
Social rented: Other social rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the PO31 8NT have 1 person in household (59), and 2 people in household (56).

1 person in household59
2 people in household56
3 people in household15
4 people in household9
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0