Housing Market Analysis for HORSESHOE CLOSE, PO31 8PZ

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

Overview of Sold House prices

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

Terraced
- The average price is around £116,635 median price is £115,000 Standard Deviation is £62,396 with Total Sold: 31
- The Last 5 Year average price is £196,375 with Total Sold: 8
- 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)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8PZ 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£217,500	£2,958	2
2022	£232,000	£3,314	1
2021	£192,500	£2,754	2
2020	£160,000		1
2019	£179,500	£2,647	2
2018	£187,000	£2,710	1
2017	£153,000	£2,217	1
2012	£92,500	£1,321	1
2010	£120,000	£1,500	1
2009	£115,000	£1,622	1
2008	£140,000		1
2006	£140,000	£2,029	1
2005	£140,000		1
2004	£145,000		1
2003	£98,000	£1,319	2
2002	£87,950	£1,333	1
2001	£72,000	£1,043	1
2000	£58,500	£747	3
1999	£47,750	£673	2
1998	£39,900		2
1996	£32,500	£458	1
1995	£36,475	£535	2

All the Sales in the HORSESHOE CLOSE, PO31 8PZ

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

Address	Sold Date	Price	% Change
13 HORSESHOE CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1950-1966	06 Oct 2023	£195,000	62.50%
	05 Nov 2010	£120,000	First Sale
8 HORSESHOE CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1967-1975	06 Apr 2023	£240,000	28.34%
	23 Aug 2018	£187,000	22.22%
	27 Feb 2017	£153,000	9.29%
	13 Apr 2006	£140,000	53.85%
	31 Jan 2003	£91,000	82.00%
	28 Jan 2000	£50,000	First Sale
11 HORSESHOE CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1967-1975	02 Dec 2022	£232,000	150.81%
	10 Oct 2012	£92,500	First Sale
27 HORSESHOE CLOSETerraced, FreeholdArea: 69 Sq.mtrAge: 1967-1975	19 Feb 2021	£200,000	177.78%
	10 Apr 2001	£72,000	First Sale
22 HORSESHOE CLOSETerraced, FreeholdArea: 70.9 Sq.mtrAge: 1976-1982	28 Jan 2021	£185,000	60.87%
	22 May 2009	£115,000	202.63%
	18 Aug 1995	£38,000	First Sale
7 HORSESHOE CLOSETerraced, Freehold	28 Sep 2020	£160,000	321.05%
	06 Nov 1998	£38,000	-9.09%
	27 Mar 1998	£41,800	First Sale
18 HORSESHOE CLOSETerraced, FreeholdArea: 70 Sq.mtrAge: 1950-1966	01 Nov 2019	£169,000	First Sale
6 HORSESHOE CLOSETerraced, FreeholdArea: 66 Sq.mtrAge: 1967-1975	18 Apr 2019	£190,000	116.03%
	21 Nov 2002	£87,950	First Sale
19 HORSESHOE CLOSETerraced, Freehold	01 Feb 2008	£140,000	33.33%
19 HORSESHOE CLOSETerraced, Freehold	06 Jun 2003	£105,000	First Sale
10 HORSESHOE CLOSETerraced, Freehold	08 Apr 2005	£140,000	-3.45%
	25 Nov 2004	£145,000	126.56%
	07 Dec 2000	£64,000	First Sale
23 HORSESHOE CLOSETerraced, FreeholdArea: 80 Sq.mtrAge: 1967-1975	25 Aug 2000	£61,500	First Sale
3 HORSESHOE CLOSETerraced, FreeholdArea: 71 Sq.mtrAge: 1967-1975	01 Oct 1999	£50,500	12.22%
	12 Feb 1999	£45,000	38.46%
	26 Apr 1996	£32,500	First Sale
17 HORSESHOE CLOSETerraced, Freehold	15 Mar 1995	£34,950	First Sale

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

HORSESHOE CLOSE, PO31 8PZ Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £170,575 median price is £172,850 Standard Deviation is £103,904 with Total Sold: 325
- The Last 5 Year average price is £269,166 with Total Sold: 57
- 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 , 37 WYATTS LANE: £55,500 (Sold on 06 Jan 1995)
Flat
- The average price is around £91,003 median price is £88,000 Standard Deviation is £45,749 with Total Sold: 31
- The Last 5 Year average price is £151,157 with Total Sold: 7
- The most recent sale happened at this postcode is , 43 VENNER AVENUE: £170,000 (Sold on 13 Jun 2024)
- The first recorded sale happened at this postcode is , 49 VENNER AVENUE: £37,000 (Sold on 03 Aug 1995)
Detached
- The average price is around £196,486 median price is £195,000 Standard Deviation is £105,782 with Total Sold: 310
- The Last 5 Year average price is £326,237 with Total Sold: 49
- The most recent sale happened at this postcode is , 40 GREENWAYS: £325,000 (Sold on 09 May 2024)
- The first recorded sale happened at this postcode is , 79 WYATTS LANE: £76,000 (Sold on 04 Aug 1995)
Terraced
- The average price is around £134,811 median price is £140,000 Standard Deviation is £68,895 with Total Sold: 66
- The Last 5 Year average price is £206,052 with Total Sold: 17
- 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)
Other
- The average price is around £264,833 median price is £282,000 Standard Deviation is £97,716 with Total Sold: 3
- 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 , 121 WYATTS LANE: £137,500 (Sold on 17 Mar 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£282,500	£2,273	4
2023	£299,369	£3,454	8
2022	£322,000	£3,753	11
2021	£258,923	£3,531	13
2020	£232,536	£2,461	7
2019	£234,412	£2,774	14
2018	£243,778	£2,904	9
2017	£327,375	£4,243	12
2016	£188,919	£2,769	8
2015	£170,050	£2,457	10
2014	£199,136	£2,338	11
2013	£180,419	£1,952	9
2012	£180,821	£2,099	14
2011	£179,667	£2,398	6
2010	£190,500	£2,589	6
2009	£168,455	£2,386	11
2008	£179,667	£2,211	6
2007	£189,180	£2,494	22
2006	£173,807	£2,150	12
2005	£188,300	£1,964	15
2004	£159,764	£1,851	11
2003	£135,830	£1,484	15
2002	£121,895	£1,110	10
2001	£113,750	£1,138	6
2000	£87,000	£1,046	8
1999	£68,420	£652	10
1998	£64,147	£633	13
1997	£54,327	£550	13
1996	£47,464	£499	14
1995	£53,477	£554	17

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£170,000	£3,148	2
2022	£160,100	£2,502	1
2020	£141,500	£2,384	2
2019	£137,500	£2,251	2
2018	£126,667	£2,123	3
2014	£77,500	£1,202	1
2013	£88,000	£1,502	1
2012	£106,500	£1,846	1
2007	£135,000	£2,213	1
2005	£115,000	£1,797	1
2003	£87,667	£1,425	3
2002	£81,500	£1,347	2
2001	£63,000		1
1999	£47,167	£754	3
1998	£40,250	£648	2
1997	£32,000	£525	1
1996	£24,500	£327	2
1995	£34,500	£502	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£312,500	£4,044	4
2023	£308,736	£3,787	11
2022	£386,786	£4,030	7
2021	£336,000	£3,328	10
2020	£335,625	£3,036	8
2019	£287,444	£3,333	9
2018	£259,812	£2,736	8
2017	£276,371	£2,782	7
2016	£266,035	£2,794	13
2015	£241,885	£2,883	13
2014	£195,389	£2,437	9
2013	£223,833	£2,330	6
2012	£242,167	£2,574	6
2011	£210,444	£2,349	9
2010	£222,000	£2,994	4
2009	£202,167	£2,465	6
2008	£201,375	£2,435	12
2007	£265,923	£2,505	13
2006	£204,541	£2,325	13
2005	£227,700	£2,296	15
2004	£191,490	£1,909	10
2003	£180,640	£2,014	10
2002	£158,364	£1,343	11
2001	£134,275	£1,512	16
2000	£115,167	£1,243	3
1999	£89,086	£996	22
1998	£86,611	£950	14
1997	£68,689	£763	14
1996	£64,566	£789	16
1995	£62,468	£711	11

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£217,500	£2,958	2
2022	£240,000	£2,788	4
2021	£217,750	£2,745	4
2020	£160,000		1
2019	£179,480	£2,318	6
2018	£178,983	£2,391	3
2017	£193,667	£2,278	3
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	£176,250		2
2007	£174,250	£1,958	2
2006	£150,400	£1,880	5
2005	£107,500	£1,056	2
2004	£145,000		1
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: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£375,000		1
2018	£282,000	£2,541	1
2017	£137,500	£588	1

House Type in PO31 8PZ area

The most common house types in the PO31 8PZ postcode area are Semi-detached (48), Terraced (48), and Detached (28).

Total	124
Semi-detached	48
Terraced	48
Detached	28
Flat	0
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (47), and Owned: Owns with a mortgage or loan (46).

Owned: Owns outright	47
Owned: Owns with a mortgage or loan	46
Social rented: Other social rented	17
Private rented: Private landlord or letting agency	10
Shared ownership: Shared ownership	2
Private rented: Other private rented	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the PO31 8PZ have 2 people in household (50), and 1 person in household (25).

2 people in household	50
1 person in household	25
3 people in household	24
4 people in household	19
5 people in household	5
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0