Housing Market Analysis for PALLANCE LANE, PO31 8PX

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £217,500 median price is £217,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, LUTON COTTAGES PALLANCE LANE: £217,500 (Sold on 08 Jan 2015)
    • The first recorded sale happened at this postcode is 2, LUTON COTTAGES PALLANCE LANE: £217,500 (Sold on 08 Jan 2015)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8PX 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£217,500 £2,197 1

All the Sales in the PALLANCE LANE, PO31 8PX

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

AddressSold DatePrice% Change
2, LUTON COTTAGES PALLANCE LANESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1900-192908 Jan 2015£217,500First Sale

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

PALLANCE LANE, PO31 8PX Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £156,877 median price is £157,000 Standard Deviation is £82,090 with Total Sold: 117
    • The Last 5 Year average price is £272,540 with Total Sold: 18
    • 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 , 61 VENNER AVENUE: £55,500 (Sold on 03 Mar 1995)
  • Terraced
    • The average price is around £125,887 median price is £136,000 Standard Deviation is £61,844 with Total Sold: 61
    • The Last 5 Year average price is £197,805 with Total Sold: 16
    • The most recent sale happened at this postcode is , 13 HORSESHOE CLOSE: £195,000 (Sold on 06 Oct 2023)
    • The first recorded sale happened at this postcode is , 17 HORSESHOE CLOSE: £34,950 (Sold on 15 Mar 1995)
  • Detached
    • The average price is around £211,825 median price is £213,500 Standard Deviation is £121,233 with Total Sold: 94
    • The Last 5 Year average price is £359,585 with Total Sold: 13
    • The most recent sale happened at this postcode is , 1 WILLOW TREE DRIVE: £311,600 (Sold on 04 Oct 2023)
    • The first recorded sale happened at this postcode is , 79 WYATTS LANE: £76,000 (Sold on 04 Aug 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 £172,750 median price is £172,750 Standard Deviation is £35,250 with Total Sold: 2
    • The most recent sale happened at this postcode is NEW BUNGALOW, LITTLE PALLANCE FARM PALLANCE LANE: £208,000 (Sold on 16 Apr 2018)
    • The first recorded sale happened at this postcode is , 121 WYATTS LANE: £137,500 (Sold on 17 Mar 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£350,0001
2023£304,988 £3,398 4
2022£311,667 £3,369 3
2021£255,200 £3,709 5
2020£210,000 £2,481 2
2019£234,922 £2,707 3
2018£243,167 £2,393 3
2017£226,250 £2,628 4
2016£185,870 £2,696 5
2015£217,500 £2,197 1
2014£170,000 £2,073 1
2013£192,333 £1,873 3
2012£166,800 £2,099 5
2011£142,500 £1,996 1
2010£224,667 £2,498 3
2009£173,667 £2,061 3
2008£200,000 £2,105 1
2007£216,857 £1,846 7
2006£153,365 £1,955 6
2005£197,875 £2,150 4
2004£153,900 £2,148 5
2003£140,488 £1,522 4
2002£114,875 £1,110 4
2001£91,875 £1,273 4
2000£76,800 £889 5
1999£76,679 £599 7
1998£63,652 £414 7
1997£49,600 £604 5
1996£44,250 £523 4
1995£52,802 £597 7
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£217,500 £2,958 2
2022£207,333 £2,703 3
2021£217,750 £2,745 4
2020£160,0001
2019£179,480 £2,318 6
2018£168,500 £2,337 2
2017£151,500 £2,165 2
2016£146,000 £2,096 3
2014£149,000 £1,713 1
2013£136,000 £2,000 1
2012£92,500 £1,321 1
2010£120,000 £1,500 1
2009£115,000 £1,622 1
2008£140,0001
2007£174,250 £1,958 2
2006£140,500 £1,880 4
2005£107,500 £1,056 2
2004£145,0001
2003£100,333 £1,195 3
2002£87,488 £1,235 4
2001£70,250 £1,011 2
2000£58,500 £747 3
1999£47,167 £605 3
1998£41,767 £632 3
1997£40,000 £588 1
1996£32,500 £458 1
1995£35,648 £504 3
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£308,300 £3,014 2
2022£392,500 £4,128 2
2021£404,200 £3,472 5
2020£325,000 £1,994 1
2019£309,000 £3,254 3
2018£233,750 £2,858 4
2017£274,000 £2,717 3
2016£340,250 £2,851 4
2015£299,000 £2,889 2
2014£240,000 £2,162 1
2013£293,000 £2,713 1
2012£306,000 £2,374 2
2011£228,333 £2,318 3
2009£226,000 £2,948 2
2008£245,000 £2,207 1
2007£302,167 £2,313 6
2006£223,333 £2,941 3
2005£212,562 £2,266 8
2004£202,475 £1,192 2
2003£205,0001
2002£163,200 £1,451 5
2001£145,931 £1,136 8
2000£100,0001
1999£97,611 £963 9
1998£102,090 £1,108 5
1997£86,050 £900 3
1996£60,375 £650 2
1995£69,840 £860 5
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
2018£208,0001
2017£137,500 £588 1

House Type in PO31 8PX area

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