Housing Market Analysis for MELVILLE STREET, PO33 2AE

Are you looking to understand PO33 2AE 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 PO33 2AE area, explore the PO33 2AE Area information page.
For comprehensive crime statistics in the PO33 2AE area, explore the PO33 2AE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO33 2AE postcode area, The average prices are as follows,

Flat
- The average price is around £93,491 median price is £90,000 Standard Deviation is £38,916 with Total Sold: 32
- The Last 5 Year average price is £122,250 with Total Sold: 10
- The most recent sale happened at this postcode is FLAT 3, WRAFTON HOUSE, 46 MELVILLE STREET: £115,000 (Sold on 31 Aug 2023)
- The first recorded sale happened at this postcode is FLAT 6, WRAFTON HOUSE, 46 MELVILLE STREET: £108,000 (Sold on 17 Oct 2023)
Other
- The average price is around £300,000 median price is £300,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £300,000 with Total Sold: 1
- The most recent sale happened at this postcode is 9 MELVILLE STREET: £300,000 (Sold on 24 Nov 2023)
- The first recorded sale happened at this postcode is 9 MELVILLE STREET: £300,000 (Sold on 24 Nov 2023)
Terraced
- The average price is around £118,000 median price is £122,500 Standard Deviation is £40,210 with Total Sold: 4
- The most recent sale happened at this postcode is 5 MELVILLE STREET: £162,000 (Sold on 09 Dec 2015)
- The first recorded sale happened at this postcode is 3 - 4 MELVILLE STREET: £65,000 (Sold on 02 Apr 2001)
Detached
- The average price is around £98,983 median price is £67,000 Standard Deviation is £50,299 with Total Sold: 3
- The most recent sale happened at this postcode is 47 MELVILLE STREET: £170,000 (Sold on 01 Jun 2011)
- The first recorded sale happened at this postcode is 47 MELVILLE STREET: £59,950 (Sold on 12 Jun 1995)
Semi-Detached
- The average price is around £222,000 median price is £222,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 9 MELVILLE STREET: £222,000 (Sold on 01 Oct 2003)
- The first recorded sale happened at this postcode is 9 MELVILLE STREET: £222,000 (Sold on 01 Oct 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average PO33 2AE 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£113,188	£2,723	8
2022	£187,000		1
2019	£130,000	£2,000	1
2018	£105,000	£1,265	1
2017	£78,000	£2,017	1
2014	£101,000	£2,008	2
2013	£112,225	£1,531	2
2012	£85,000	£1,560	1
2011	£106,333	£1,395	3
2007	£150,000	£1,230	1
2002	£87,833	£1,385	3
2001	£64,000		1
2000	£54,750	£908	2
1998	£39,500	£554	2
1997	£31,000	£574	1
1995	£29,375	£578	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£300,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2015	£162,000	£2,051	1
2004	£151,500	£1,918	1
2003	£93,500	£1,184	1
2001	£65,000		1

House Type: Detached

Year	Avg. Price	Sold
2011	£170,000	1
1997	£67,000	1
1995	£59,950	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2003	£222,000		1

All the Sales in the MELVILLE STREET, PO33 2AE

See the table below for more details on the sold house prices in the PO33 2AE, Isle of Wight postcode.

Address	Sold Date	Price	% Change
FLAT 3, WRAFTON HOUSE, 46 MELVILLE STREETFlat, Leasehold	31 Aug 2023	£115,000	First Sale
9 MELVILLE STREETOther, Freehold	24 Nov 2023	£300,000	35.14%
9 MELVILLE STREETOther, Freehold	01 Oct 2003	£222,000	First Sale
FLAT 4, WRAFTON HOUSE, 46 MELVILLE STREETFlat, LeaseholdArea: 33 Sq.mtrAge: before 1900	31 Aug 2023	£90,000	First Sale
FLAT 4, 45 MELVILLE STREETFlat, LeaseholdArea: 43.66 Sq.mtrAge: before 1900	05 Jun 2023	£132,500	65.62%
	07 Feb 2011	£80,000	138.81%
	03 Jul 1995	£33,500	First Sale
FLAT 2, 45 MELVILLE STREETFlat, LeaseholdArea: 54 Sq.mtrAge: 1900-1929	31 Jan 2023	£130,000	209.52%
	28 Jun 2000	£42,000	35.48%
	14 Aug 1997	£31,000	First Sale
FLAT 5, 45 MELVILLE STREETFlat, Leasehold	15 Jul 2022	£187,000	334.88%
FLAT 5, 45 MELVILLE STREETFlat, Leasehold	07 Jul 1998	£43,000	First Sale
FLAT 1, 45 MELVILLE STREETFlat, LeaseholdArea: 65 Sq.mtrAge: before 1900	28 Jun 2019	£130,000	30.65%
	15 Jul 2013	£99,500	176.39%
	22 Dec 1998	£36,000	First Sale
2B MELVILLE STREETFlat, LeaseholdArea: 83 Sq.mtrAge: before 1900	05 Jan 2018	£105,000	25.00%
	29 Jul 2011	£84,000	First Sale
FLAT 7, WRAFTON HOUSE, 46 MELVILLE STREETFlat, LeaseholdArea: 38.67 Sq.mtr	16 Nov 2017	£78,000	First Sale
5 MELVILLE STREETTerraced, FreeholdArea: 79 Sq.mtrAge: before 1900	09 Dec 2015	£162,000	6.93%
	30 Mar 2004	£151,500	62.03%
	10 Jan 2003	£93,500	First Sale
FLAT 3, 45 MELVILLE STREETFlat, LeaseholdArea: 65 Sq.mtrAge: before 1900	17 Oct 2014	£128,750	43.06%
	19 Jul 2002	£90,000	33.33%
	17 Mar 2000	£67,500	167.33%
	17 Feb 1995	£25,250	First Sale
FLAT 8, WRAFTON HOUSE, 46 MELVILLE STREETFlat, LeaseholdArea: 36 Sq.mtrAge: 1967-1975	09 Jul 2014	£73,250	First Sale
BASEMENT FLOOR FLAT, WYNDHAM HOUSE, 10 MELVILLE STREETFlat, Leasehold	20 May 2013	£124,950	33.64%
	20 Sep 2002	£93,500	46.09%
	01 May 2001	£64,000	First Sale
FLAT 11, WRAFTON HOUSE, 46 MELVILLE STREETFlat, LeaseholdArea: 54.47 Sq.mtrAge: 1983-1990	14 Dec 2012	£85,000	First Sale
47 MELVILLE STREETDetached, Freehold	01 Jun 2011	£170,000	153.73%
	07 Mar 1997	£67,000	11.76%
	12 Jun 1995	£59,950	First Sale
FLAT 3, WYNDHAM HOUSE, 10 MELVILLE STREETFlat, LeaseholdArea: 115.58 Sq.mtrAge: before 1900	07 Apr 2011	£155,000	First Sale
FLAT 1, WYNDHAM HOUSE, 10 MELVILLE STREETFlat, LeaseholdArea: 122 Sq.mtrAge: before 1900	12 Dec 2007	£150,000	First Sale
FLAT 2, WYNDHAM HOUSE, 10 MELVILLE STREETFlat, Leasehold	24 Jan 2002	£80,000	First Sale
3 - 4 MELVILLE STREETTerraced, Freehold	02 Apr 2001	£65,000	First Sale
FLAT 5, WRAFTON HOUSE, 46 MELVILLE STREETFlat, Leasehold	20 Oct 2023	£135,000	First Sale
FLAT 2, WRAFTON HOUSE, 46 MELVILLE STREETFlat, Leasehold	19 Sep 2023	£85,000	First Sale
FLAT 9, WRAFTON HOUSE, 46 MELVILLE STREETFlat, Leasehold	19 Sep 2023	£110,000	First Sale
FLAT 6, WRAFTON HOUSE, 46 MELVILLE STREETFlat, Leasehold	17 Oct 2023	£108,000	First Sale

Check out the sold house prices near the PO33 2AE postcode. Properties currently for saleProperties currently for rent

MELVILLE STREET, PO33 2AE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO33 2AE 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 PO33 2AE postcode.

Semi-Detached
- The average price is around £133,696 median price is £125,000 Standard Deviation is £83,148 with Total Sold: 1,140
- The Last 5 Year average price is £219,274 with Total Sold: 166
- The most recent sale happened at this postcode is , 2 ROUNDHOUSE MEWS: £205,000 (Sold on 18 Sep 2024)
- The first recorded sale happened at this postcode is , 51 ST JOHNS ROAD: £37,750 (Sold on 06 Jan 1995)
Other
- The average price is around £204,785 median price is £138,000 Standard Deviation is £275,969 with Total Sold: 170
- The Last 5 Year average price is £205,519 with Total Sold: 104
- The most recent sale happened at this postcode is , 1 ST THOMAS SQUARE: £84,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , 22 CROSS STREET: £90,000 (Sold on 08 Oct 2012)
Flat
- The average price is around £90,887 median price is £83,000 Standard Deviation is £53,369 with Total Sold: 2,686
- The Last 5 Year average price is £139,655 with Total Sold: 405
- The most recent sale happened at this postcode is FLAT 19, SOLENT COURT ESPLANADE: £220,000 (Sold on 11 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 12, GARFIELD HOUSE, 2 VICTORIA STREET: £28,000 (Sold on 06 Jan 1995)
Detached
- The average price is around £224,606 median price is £165,000 Standard Deviation is £185,606 with Total Sold: 537
- The Last 5 Year average price is £413,791 with Total Sold: 88
- The most recent sale happened at this postcode is , 09-Nov DOVER STREET: £600,000 (Sold on 06 Sep 2024)
- The first recorded sale happened at this postcode is , 11 BELLEVUE ROAD: £135,000 (Sold on 11 Jan 1995)
Terraced
- The average price is around £114,641 median price is £107,500 Standard Deviation is £69,071 with Total Sold: 1,043
- The Last 5 Year average price is £180,633 with Total Sold: 130
- The most recent sale happened at this postcode is , 2A ST JAMES STREET: £120,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 68 UNION STREET: £95,000 (Sold on 13 Mar 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£245,200	£2,229	10
2023	£226,309	£2,547	29
2022	£219,039	£2,780	27
2021	£237,742	£2,301	36
2020	£186,039	£2,166	37
2019	£223,269	£2,175	27
2018	£190,237	£2,349	36
2017	£201,205	£1,961	39
2016	£171,740	£1,980	36
2015	£161,994	£1,776	56
2014	£158,530	£1,861	35
2013	£146,765	£1,680	24
2012	£147,045	£2,078	28
2011	£132,138	£1,629	20
2010	£151,810	£1,796	21
2009	£154,832	£1,681	22
2008	£148,711	£1,787	32
2007	£170,207	£1,953	48
2006	£156,391	£1,753	47
2005	£145,466	£1,727	43
2004	£127,707	£1,608	45
2003	£121,046	£1,570	58
2002	£105,701	£1,273	52
2001	£82,951	£963	60
2000	£67,034	£855	43
1999	£59,990	£664	57
1998	£48,256	£589	44
1997	£45,359	£504	52
1996	£43,018	£450	37
1995	£38,173	£486	39

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£193,429	£2,967	7
2023	£194,562	£2,449	16
2022	£180,761	£2,272	15
2021	£163,091	£3,443	27
2020	£327,140	£3,749	15
2019	£203,542	£3,401	24
2018	£132,622	£809	15
2017	£130,672	£2,910	20
2016	£291,748	£3,917	16
2015	£324,643	£5,937	6
2014	£290,136	£471	7
2012	£95,000	£1,993	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£158,700	£2,783	26
2023	£147,211	£2,502	59
2022	£155,758	£2,675	82
2021	£138,861	£2,466	87
2020	£120,209	£2,206	55
2019	£127,959	£2,360	96
2018	£123,942	£2,098	82
2017	£118,011	£2,017	106
2016	£104,126	£1,762	78
2015	£114,518	£2,008	81
2014	£104,469	£1,972	66
2013	£103,757	£1,784	57
2012	£98,371	£1,616	47
2011	£97,763	£1,753	54
2010	£111,349	£2,017	44
2009	£100,211	£1,697	45
2008	£122,956	£1,974	55
2007	£117,998	£2,310	122
2006	£112,620	£2,056	133
2005	£112,769	£2,012	103
2004	£95,796	£1,682	155
2003	£81,832	£1,548	139
2002	£66,551	£1,272	159
2001	£53,516	£998	147
2000	£43,812	£832	139
1999	£38,788	£692	128
1998	£42,873	£713	98
1997	£32,938	£609	101
1996	£28,365	£547	79
1995	£33,714	£638	63

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£436,917	£2,459	6
2023	£364,417	£3,479	12
2022	£561,944	£4,038	18
2021	£390,357	£2,986	21
2020	£300,978	£2,588	18
2019	£437,615	£3,139	13
2018	£329,688	£2,715	13
2017	£376,500	£2,435	10
2016	£298,840	£2,377	23
2015	£287,456	£2,011	18
2014	£258,155	£2,124	19
2013	£242,167	£2,903	12
2012	£234,500	£1,681	8
2011	£250,212	£1,982	13
2010	£214,750	£2,839	10
2009	£200,167	£2,177	9
2008	£275,295	£1,761	10
2007	£323,965	£2,478	27
2006	£246,377	£1,919	22
2005	£227,853	£1,865	17
2004	£192,031	£1,833	25
2003	£170,125	£1,804	20
2002	£149,266	£1,336	28
2001	£115,625	£1,051	20
2000	£99,062	£810	33
1999	£81,141	£820	28
1998	£77,578	£710	18
1997	£78,875	£697	30
1996	£70,931	£557	16
1995	£64,262	£799	20

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£226,643	£2,988	7
2023	£185,373	£2,937	21
2022	£184,858	£3,034	26
2021	£189,926	£2,616	25
2020	£159,875	£2,145	24
2019	£170,794	£2,148	27
2018	£178,922	£2,344	20
2017	£163,076	£1,940	35
2016	£145,136	£2,202	37
2015	£150,095	£1,902	41
2014	£126,174	£1,963	35
2013	£148,636	£1,980	11
2012	£134,128	£1,824	23
2011	£139,690	£1,766	21
2010	£130,776	£1,958	21
2009	£138,931	£1,730	27
2008	£127,258	£1,725	18
2007	£138,013	£2,133	46
2006	£153,132	£1,959	62
2005	£135,359	£1,674	38
2004	£123,364	£1,717	61
2003	£100,958	£1,444	59
2002	£80,682	£1,240	39
2001	£67,028	£994	54
2000	£61,763	£831	50
1999	£54,410	£802	51
1998	£46,100	£624	41
1997	£44,450	£597	48
1996	£41,096	£583	40
1995	£47,316	£631	35

House Type in PO33 2AE area

The most common house types in the PO33 2AE postcode area are Flat (52), Shared house (43), and Semi-detached (20).

Total	147
Flat	52
Shared house	43
Semi-detached	20
Terraced	15
Detached	10
converted building	4
commercial building	2
temporary structure	1

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (79), and Owned: Owns outright (32).

Private rented: Private landlord or letting agency	79
Owned: Owns outright	32
Owned: Owns with a mortgage or loan	26
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	3
Social rented: Other social rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the PO33 2AE have 1 person in household (74), and 2 people in household (54).

1 person in household	74
2 people in household	54
3 people in household	13
4 people in household	3
5 people in household	2
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0