Housing Market Analysis for SOMERTON INDUSTRIAL PARK, PO31 8PA

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

Overview of Sold House prices

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

  • Other
    • The average price is around £106,375 median price is £106,375 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 26 SOMERTON INDUSTRIAL PARK: £106,375 (Sold on 01 May 2015)
    • The first recorded sale happened at this postcode is 26 SOMERTON INDUSTRIAL PARK: £106,375 (Sold on 01 May 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8PA 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£106,3751

All the Sales in the SOMERTON INDUSTRIAL PARK, PO31 8PA

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

AddressSold DatePrice% Change
26 SOMERTON INDUSTRIAL PARKOther, Freehold01 May 2015£106,375First Sale

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

SOMERTON INDUSTRIAL PARK, PO31 8PA Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £123,687 median price is £132,950 Standard Deviation is £56,335 with Total Sold: 628
    • The Last 5 Year average price is £196,826 with Total Sold: 89
    • The most recent sale happened at this postcode is , 15 OSBORNE CHASE: £243,500 (Sold on 03 Jun 2024)
    • The first recorded sale happened at this postcode is , 66 TENNYSON ROAD: £37,000 (Sold on 05 Jan 1995)
  • Semi-Detached
    • The average price is around £139,743 median price is £146,500 Standard Deviation is £57,665 with Total Sold: 383
    • The Last 5 Year average price is £216,881 with Total Sold: 63
    • The most recent sale happened at this postcode is , 76 NELSON DRIVE: £198,000 (Sold on 03 Apr 2024)
    • The first recorded sale happened at this postcode is , 1 ELM GROVE: £41,000 (Sold on 20 Jan 1995)
  • Detached
    • The average price is around £183,153 median price is £183,000 Standard Deviation is £81,874 with Total Sold: 94
    • The Last 5 Year average price is £268,912 with Total Sold: 17
    • The most recent sale happened at this postcode is , 30 NELSON DRIVE: £246,000 (Sold on 13 Feb 2023)
    • The first recorded sale happened at this postcode is , 167 MILL HILL ROAD: £48,500 (Sold on 17 Jul 1995)
  • Flat
    • The average price is around £123,246 median price is £135,000 Standard Deviation is £61,379 with Total Sold: 42
    • The Last 5 Year average price is £181,333 with Total Sold: 6
    • The most recent sale happened at this postcode is FLAT 7, 284 ARCTIC ROAD: £288,000 (Sold on 01 Dec 2022)
    • The first recorded sale happened at this postcode is , 262B ARCTIC ROAD: £24,000 (Sold on 26 Apr 1996)
  • Other
    • The average price is around £774,929 median price is £138,000 Standard Deviation is £1,766,943 with Total Sold: 23
    • The Last 5 Year average price is £280,500 with Total Sold: 6
    • The most recent sale happened at this postcode is , 56 LOVE LANE: £750,000 (Sold on 02 Aug 2021)
    • The first recorded sale happened at this postcode is , ST. FAITHS CHURCH HALL ST FAITHS ROAD: £7,000 (Sold on 01 Aug 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£260,125 £2,316 4
2023£231,433 £2,967 15
2022£222,286 £2,933 14
2021£181,967 £2,528 15
2020£177,932 £2,266 22
2019£171,026 £2,317 19
2018£172,605 £2,310 19
2017£172,556 £2,203 17
2016£163,067 £2,031 26
2015£159,854 £2,063 13
2014£142,000 £1,900 23
2013£136,719 £1,862 18
2012£135,778 £1,924 9
2011£141,559 £1,668 17
2010£135,520 £1,802 15
2009£153,583 £1,899 12
2008£139,191 £1,810 17
2007£149,759 £1,874 27
2006£147,310 £1,880 29
2005£135,449 £1,788 34
2004£129,682 £1,724 34
2003£109,989 £1,418 29
2002£86,975 £1,106 30
2001£66,572 £895 32
2000£67,788 £854 24
1999£57,155 £661 31
1998£47,747 £612 17
1997£39,581 £518 29
1996£39,191 £459 22
1995£36,667 £464 15
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£244,000 £2,995 5
2023£238,500 £2,917 12
2022£269,000 £3,591 5
2021£211,893 £2,641 14
2020£196,154 £2,317 13
2019£194,286 £2,160 14
2018£190,461 £2,295 14
2017£174,000 £2,294 16
2016£164,833 £1,964 9
2015£170,278 £1,980 9
2014£160,750 £2,054 14
2013£160,371 £1,976 12
2012£153,700 £1,996 5
2011£145,786 £1,684 14
2010£143,250 £2,063 8
2009£145,000 £1,774 8
2008£143,786 £1,712 7
2007£151,164 £1,850 18
2006£145,436 £1,870 25
2005£138,058 £1,518 14
2004£141,042 £2,060 33
2003£107,974 £1,369 23
2002£92,724 £1,179 17
2001£79,312 £1,115 12
2000£60,800 £842 13
1999£58,329 £791 14
1998£51,889 £527 9
1997£45,650 £631 10
1996£41,321 £517 7
1995£35,511 £407 9
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£246,000 £5,467 1
2022£257,500 £4,476 2
2021£317,000 £3,290 3
2020£290,833 £2,682 6
2019£222,900 £3,078 5
2018£205,625 £3,590 4
2017£140,000 £3,111 1
2016£235,833 £2,233 3
2015£215,625 £2,335 4
2014£178,000 £2,737 3
2013£166,000 £2,398 4
2011£215,100 £2,142 5
2010£202,500 £2,471 2
2009£199,333 £1,742 3
2008£166,0002
2007£209,750 £2,281 4
2006£175,100 £2,641 5
2005£213,550 £2,027 8
2004£217,531 £2,230 8
2003£140,000 £1,772 1
2001£108,000 £1,517 2
1999£61,975 £1,167 2
1998£65,983 £824 5
1997£49,725 £1,064 4
1996£47,750 £1,000 4
1995£47,000 £920 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£212,250 £2,889 4
2019£119,500 £1,132 2
2018£179,871 £2,607 2
2017£150,000 £2,381 1
2016£95,000 £2,159 1
2014£168,000 £2,585 1
2013£165,000 £2,230 1
2011£49,500 £1,085 1
2009£103,750 £1,532 2
2008£163,500 £2,599 2
2007£128,000 £1,735 2
2006£154,8333
2005£108,333 £2,143 3
2004£150,833 £1,736 6
2003£101,000 £1,608 2
2002£67,448 £881 2
2001£38,000 £514 1
2000£51,850 £416 2
1998£37,833 £326 3
1996£24,000 £585 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£501,0002
2020£228,0002
2019£112,5002
2018£119,0003
2017£558,1673
2016£217,500 £1,987 5
2015£3,246,5944
2014£17,5002

House Type in PO31 8PA area

The most common house types in the PO31 8PA 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 8PA 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