Housing Market Analysis for MEDHAM FARM LANE, PO31 8PH

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £292,500 median price is £292,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is MEDA MEDHAM FARM LANE: £292,500 (Sold on 20 Jan 2010)
    • The first recorded sale happened at this postcode is MEDA MEDHAM FARM LANE: £292,500 (Sold on 20 Jan 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8PH 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
2010£292,500 £3,731 1

All the Sales in the MEDHAM FARM LANE, PO31 8PH

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

AddressSold DatePrice% Change
MEDA MEDHAM FARM LANEDetached, FreeholdArea: 78.4 Sq.mtrAge: 1950-196620 Jan 2010£292,500First Sale

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

MEDHAM FARM LANE, PO31 8PH Near By properties

Interactive Map

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

  • Detached
    • The average price is around £239,560 median price is £223,000 Standard Deviation is £148,195 with Total Sold: 203
    • The Last 5 Year average price is £544,333 with Total Sold: 15
    • The most recent sale happened at this postcode is , 65 GREEN LANE: £540,000 (Sold on 28 Sep 2023)
    • The first recorded sale happened at this postcode is , 11 GREEN LANE: £109,000 (Sold on 21 Jun 1995)
  • Semi-Detached
    • The average price is around £195,757 median price is £194,250 Standard Deviation is £94,312 with Total Sold: 80
    • The Last 5 Year average price is £305,250 with Total Sold: 17
    • The most recent sale happened at this postcode is , 78 NODES ROAD: £290,000 (Sold on 06 Apr 2023)
    • The first recorded sale happened at this postcode is , 106 NODES ROAD: £58,000 (Sold on 07 Feb 1995)
  • Flat
    • The average price is around £102,833 median price is £88,000 Standard Deviation is £28,724 with Total Sold: 3
    • The Last 5 Year average price is £143,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 359 NEWPORT ROAD: £143,000 (Sold on 05 Aug 2019)
    • The first recorded sale happened at this postcode is , 359 NEWPORT ROAD: £88,000 (Sold on 21 Nov 2013)
  • Other
    • The average price is around £375,000 median price is £375,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £375,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , 339 NEWPORT ROAD: £375,000 (Sold on 11 Jul 2019)
    • The first recorded sale happened at this postcode is , 339 NEWPORT ROAD: £375,000 (Sold on 11 Jul 2019)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£540,000 £4,865 1
2022£655,000 £3,770 2
2021£531,944 £4,107 9
2020£598,750 £2,838 2
2019£330,000 £2,773 1
2018£327,300 £2,703 5
2017£343,571 £3,040 7
2016£330,225 £2,504 2
2015£318,000 £2,688 15
2014£299,167 £2,573 3
2013£369,000 £2,995 3
2012£333,333 £3,018 3
2011£261,000 £2,411 7
2010£356,583 £2,717 6
2009£306,667 £2,561 3
2008£301,500 £2,601 4
2006£228,500 £1,888 5
2005£268,357 £2,396 7
2004£266,188 £1,975 13
2003£230,954 £1,760 14
2002£265,878 £1,666 9
2001£167,375 £1,807 8
2000£178,667 £1,252 9
1999£122,054 £1,024 13
1998£124,719 £1,060 18
1997£94,310 £891 20
1996£87,420 £821 10
1995£62,500 £600 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£290,000 £3,118 1
2022£351,667 £3,734 6
2021£346,500 £2,774 2
2020£227,062 £2,418 4
2019£297,000 £2,433 4
2018£264,250 £2,538 4
2017£280,250 £2,833 4
2015£200,833 £2,145 3
2014£222,500 £2,079 3
2013£198,500 £1,830 2
2012£195,375 £1,928 4
2011£192,000 £1,641 1
2009£164,500 £1,809 2
2008£245,0001
2007£235,800 £1,433 5
2006£183,500 £2,105 2
2005£189,800 £1,976 5
2004£185,5002
2003£146,375 £1,302 4
2002£136,2252
2001£157,500 £1,002 2
2000£105,000 £890 1
1999£64,750 £758 2
1998£61,665 £289 4
1997£59,100 £495 2
1996£52,300 £466 5
1995£59,667 £682 3
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£143,000 £2,440 1
2014£77,500 £1,202 1
2013£88,000 £1,502 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£375,0001

House Type in PO31 8PH area

The most common house types in the PO31 8PH postcode area are Detached (133), Semi-detached (43), and Terraced (6).

Total182
Detached133
Semi-detached43
Terraced6
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 (104), and Owned: Owns with a mortgage or loan (61).

Owned: Owns outright104
Owned: Owns with a mortgage or loan61
Private rented: Private landlord or letting agency9
Private rented: Other private rented7
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 8PH have 2 people in household (80), and 1 person in household (39).

2 people in household80
1 person in household39
4 people in household27
3 people in household23
5 people in household10
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0