Housing Market Analysis for THE RIDGE, PO31 8QN

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £234,927 median price is £205,500 Standard Deviation is £142,719 with Total Sold: 26
    • The Last 5 Year average price is £659,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 THE RIDGE: £659,500 (Sold on 27 Oct 2021)
    • The first recorded sale happened at this postcode is 10 THE RIDGE: £58,950 (Sold on 25 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8QN 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
2021£659,500 £2,905 1
2017£343,667 £3,221 3
2015£495,000 £2,742 1
2014£277,500 £2,861 1
2012£335,000 £3,018 1
2010£355,0001
2008£240,000 £2,963 1
2006£247,000 £2,546 1
2005£206,000 £2,543 1
2004£243,125 £1,849 4
1999£131,800 £951 4
1998£157,7502
1997£95,983 £879 3
1996£79,475 £728 2

All the Sales in the THE RIDGE, PO31 8QN

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

AddressSold DatePrice% Change
2 THE RIDGEDetached, FreeholdArea: 227 Sq.mtrAge: 1996-200227 Oct 2021£659,50096.87%
26 Nov 2004£335,000157.69%
17 Feb 1999£130,000First Sale
10 THE RIDGEDetached, FreeholdArea: 81 Sq.mtrAge: 1996-200217 Nov 2017£266,00010.83%
29 Feb 2008£240,00016.50%
12 Sep 2005£206,00014.44%
23 Jan 2004£180,000113.02%
12 Jan 1999£84,5009.81%
24 Oct 1997£76,95030.53%
25 Mar 1996£58,950First Sale
9 THE RIDGEDetached, FreeholdArea: 80 Sq.mtrAge: 1991-199505 Oct 2017£280,000First Sale
7 THE RIDGEDetached, FreeholdArea: 168.4 Sq.mtrAge: 1996-200206 Jul 2017£485,000136.59%
22 Dec 1999£205,00050.74%
30 Sep 1997£136,000First Sale
6 THE RIDGEDetached, FreeholdArea: 180.51 Sq.mtrAge: 1996-200230 Apr 2015£495,000First Sale
12 THE RIDGEDetached, FreeholdArea: 97 Sq.mtrAge: 1996-200211 Jul 2014£277,50012.35%
07 Jul 2006£247,000First Sale
8 THE RIDGEDetached, FreeholdArea: 111 Sq.mtrAge: 1991-199530 Nov 2012£335,000211.05%
07 May 1999£107,700First Sale
NEWTON HOUSE, 3 THE RIDGEDetached, Freehold19 Aug 2010£355,000255.00%
24 Jul 1996£100,000First Sale
1 THE RIDGEDetached, Freehold22 Dec 2004£260,000102.33%
11 Dec 1998£128,500First Sale
11 THE RIDGEDetached, Freehold04 May 2004£197,500163.33%
02 Apr 1997£75,000First Sale
4 THE RIDGEDetached, Freehold24 Jul 1998£187,000First Sale

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

THE RIDGE, PO31 8QN Near By properties

Interactive Map

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

  • Detached
    • The average price is around £246,316 median price is £225,000 Standard Deviation is £152,793 with Total Sold: 179
    • The Last 5 Year average price is £563,929 with Total Sold: 14
    • 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 £224,497 median price is £215,000 Standard Deviation is £94,161 with Total Sold: 35
    • The Last 5 Year average price is £337,625 with Total Sold: 8
    • The most recent sale happened at this postcode is , 28 CORONATION AVENUE: £305,000 (Sold on 16 Dec 2022)
    • The first recorded sale happened at this postcode is 2, MEDHAM COTTAGES CHURCH LANE: £70,500 (Sold on 25 Aug 1995)

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£564,688 £4,139 8
2020£598,750 £2,838 2
2019£330,000 £2,773 1
2018£358,333 £3,067 3
2017£370,600 £3,099 5
2016£332,500 £2,995 1
2015£321,923 £2,708 13
2014£299,167 £2,573 3
2013£369,000 £2,995 3
2012£333,333 £3,018 3
2011£306,750 £2,490 4
2010£356,583 £2,717 6
2009£306,667 £2,561 3
2008£301,500 £2,601 4
2006£258,500 £2,546 2
2005£268,357 £2,396 7
2004£273,375 £2,002 12
2003£235,642 £1,760 13
2002£265,878 £1,666 9
2001£167,375 £1,807 8
2000£178,667 £1,252 9
1999£130,973 £1,055 11
1998£126,000 £1,047 15
1997£96,221 £891 19
1996£89,550 £830 9
1995£69,667 £706 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£372,500 £4,738 2
2021£346,500 £2,774 2
2020£285,000 £3,167 1
2019£326,000 £2,570 3
2018£345,000 £2,614 1
2017£280,250 £2,833 4
2014£243,750 £2,140 2
2013£198,500 £1,830 2
2012£193,250 £1,617 2
2011£192,000 £1,641 1
2009£175,000 £1,944 1
2008£245,0001
2007£250,0001
2006£179,0001
2005£190,000 £2,038 2
2003£195,000 £1,140 1
2002£139,9501
2001£157,500 £1,002 2
2000£105,000 £890 1
1998£73,0001
1997£59,950 £495 1
1996£40,000 £234 1
1995£70,5001

House Type in PO31 8QN area

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