Housing Market Analysis for WESTWAY, PO31 8QP

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £166,125 median price is £175,000 Standard Deviation is £36,146 with Total Sold: 8
    • The most recent sale happened at this postcode is 8 WESTWAY: £190,000 (Sold on 05 Dec 2016)
    • The first recorded sale happened at this postcode is 4 WESTWAY: £77,500 (Sold on 30 Nov 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average PO31 8QP 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
2016£195,000 £3,513 2
2014£185,000 £3,304 1
2008£163,5001
2007£188,0001
2004£162,5002
1999£77,500 £1,384 1

All the Sales in the WESTWAY, PO31 8QP

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

AddressSold DatePrice% Change
8 WESTWAYDetached, FreeholdArea: 55 Sq.mtrAge: 1983-199005 Dec 2016£190,000First Sale
4 WESTWAYDetached, FreeholdArea: 56 Sq.mtrAge: 1983-199025 May 2016£200,0008.11%
31 Oct 2014£185,00012.12%
02 Jun 2004£165,000112.90%
30 Nov 1999£77,500First Sale
1 WESTWAYDetached, Freehold22 Dec 2008£163,500First Sale
2 WESTWAYDetached, Freehold02 Jul 2007£188,000First Sale
6 WESTWAYDetached, Freehold23 Jan 2004£160,000First Sale

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

WESTWAY, PO31 8QP Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £163,795 median price is £166,000 Standard Deviation is £102,763 with Total Sold: 290
    • The Last 5 Year average price is £254,316 with Total Sold: 49
    • 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 £89,425 median price is £87,000 Standard Deviation is £44,896 with Total Sold: 32
    • The Last 5 Year average price is £147,157 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 £206,174 median price is £204,500 Standard Deviation is £104,146 with Total Sold: 352
    • The Last 5 Year average price is £319,985 with Total Sold: 61
    • 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 £328,500 median price is £328,500 Standard Deviation is £46,500 with Total Sold: 2
    • 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 , 1 CRANLEIGH GARDENS: £282,000 (Sold on 11 Dec 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£282,500 £2,273 4
2023£299,369 £3,454 8
2022£308,375 £3,536 8
2021£236,917 £3,557 12
2020£226,550 £2,366 5
2019£207,814 £2,772 12
2018£227,400 £3,196 5
2017£320,455 £4,243 11
2016£191,817 £2,798 9
2015£161,000 £2,548 8
2014£189,222 £2,382 9
2013£190,086 £2,131 9
2012£183,750 £2,215 12
2011£177,200 £2,550 5
2010£190,500 £2,589 6
2009£173,375 £2,417 12
2008£166,600 £2,211 5
2007£177,664 £2,494 18
2006£178,517 £2,350 11
2005£192,621 £2,203 12
2004£155,440 £1,851 10
2003£136,029 £1,563 14
2002£119,889 £1,110 9
2001£91,875 £1,273 4
2000£85,744 £1,150 8
1999£73,262 £745 12
1998£66,705 £719 11
1997£57,196 £604 13
1996£47,077 £579 13
1995£51,241 £554 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£170,000 £3,148 2
2022£160,100 £2,502 1
2020£141,500 £2,384 2
2019£123,500 £1,916 2
2018£126,667 £2,123 3
2013£102,0001
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£82,333 £1,165 3
2001£63,0001
2000£48,000 £457 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£312,500 £4,044 4
2023£300,508 £3,815 12
2022£421,136 £4,346 11
2021£311,500 £3,231 10
2020£293,750 £3,156 12
2019£282,542 £3,174 12
2018£269,357 £2,861 7
2017£306,760 £2,827 10
2016£292,863 £2,835 19
2015£232,192 £2,928 13
2014£219,500 £2,539 13
2013£207,650 £2,482 10
2012£261,900 £2,521 10
2011£207,667 £2,416 9
2010£214,667 £2,670 6
2009£212,556 £2,294 9
2008£198,962 £2,417 13
2007£269,607 £2,475 14
2006£213,336 £2,110 15
2005£212,367 £2,398 15
2004£186,269 £1,902 14
2003£181,479 £2,231 7
2002£158,970 £1,494 15
2001£126,668 £1,512 14
2000£120,500 £1,409 5
1999£93,405 £1,003 22
1998£77,110 £966 10
1997£67,247 £736 18
1996£65,387 £785 15
1995£62,119 £733 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£217,500 £2,958 2
2022£240,000 £2,788 4
2021£217,750 £2,745 4
2020£160,0001
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£176,2502
2007£174,250 £1,958 2
2006£150,400 £1,880 5
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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£375,0001
2018£282,000 £2,541 1

House Type in PO31 8QP area

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