Housing Market Analysis for PARKWAY, PO33 3RZ

Are you looking to understand PO33 3RZ 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 3RZ area, explore the PO33 3RZ Area information page.
For comprehensive crime statistics in the PO33 3RZ area, explore the PO33 3RZ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO33 3RZ postcode area, The average prices are as follows,

Terraced
- The average price is around £162,062 median price is £177,500 Standard Deviation is £82,135 with Total Sold: 12
- The Last 5 Year average price is £235,083 with Total Sold: 6
- The most recent sale happened at this postcode is 40 PARKWAY: £260,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is 46 PARKWAY: £243,000 (Sold on 04 Jan 2024)
Detached
- The average price is around £151,591 median price is £166,500 Standard Deviation is £71,973 with Total Sold: 33
- The Last 5 Year average price is £300,333 with Total Sold: 3
- The most recent sale happened at this postcode is 31 PARKWAY: £265,000 (Sold on 01 Sep 2021)
- The first recorded sale happened at this postcode is 16 PARKWAY: £341,000 (Sold on 14 Feb 2024)
Semi-Detached
- The average price is around £160,000 median price is £160,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 15 PARKWAY: £160,000 (Sold on 28 Oct 2005)
- The first recorded sale happened at this postcode is 15 PARKWAY: £160,000 (Sold on 28 Oct 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average PO33 3RZ 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
2024	£251,500		2
2022	£242,500	£3,049	2
2021	£225,000	£2,812	1
2020	£197,500	£2,500	1
2014	£157,500	£1,994	1
2012	£138,250	£1,728	1
2002	£106,500	£1,348	1
1999	£25,000	£312	1
1998	£53,500	£677	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£280,000	£4,026	2
2018	£240,000	£3,324	1
2016	£200,000	£3,390	1
2014	£177,250	£2,394	4
2013	£169,000	£2,742	2
2012	£140,000	£2,574	1
2011	£197,000	£2,728	1
2010	£166,500		1
2009	£173,000	£2,449	2
2008	£176,250	£2,301	2
2007	£185,000	£3,104	1
2006	£175,000	£3,217	1
2003	£137,833	£1,910	3
2002	£113,000	£1,662	1
2001	£60,000	£1,111	1
1998	£47,000	£864	1
1997	£62,625	£794	4
1996	£61,750	£542	2
1995	£45,000		1
2024	£341,000	£4,608	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2005	£160,000	£2,286	1

All the Sales in the PARKWAY, PO33 3RZ

See the table below for more details on the sold house prices in the PO33 3RZ, Isle of Wight postcode.

Address	Sold Date	Price	% Change
40 PARKWAYTerraced, Freehold	30 Aug 2024	£260,000	368.47%
40 PARKWAYTerraced, Freehold	16 Nov 1998	£55,500	First Sale
48 PARKWAYTerraced, FreeholdArea: 80 Sq.mtrAge: 1967-1975	16 Sep 2022	£260,000	88.07%
48 PARKWAYTerraced, FreeholdArea: 80 Sq.mtrAge: 1967-1975	11 Jun 2012	£138,250	First Sale
46 PARKWAYTerraced, FreeholdArea: 79 Sq.mtrAge: 1976-1982	19 Aug 2022	£225,000	-7.41%
46 PARKWAYTerraced, FreeholdArea: 79 Sq.mtrAge: 1976-1982	04 Jan 2024	£243,000	First Sale
36 PARKWAYTerraced, FreeholdArea: 80 Sq.mtrAge: 1976-1982	17 Dec 2021	£225,000	800.00%
36 PARKWAYTerraced, FreeholdArea: 80 Sq.mtrAge: 1976-1982	07 Jul 1999	£25,000	First Sale
31 PARKWAYDetached, FreeholdArea: 68 Sq.mtrAge: 1976-1982	01 Sep 2021	£265,000	134.51%
31 PARKWAYDetached, FreeholdArea: 68 Sq.mtrAge: 1976-1982	03 Apr 2002	£113,000	First Sale
11 PARKWAYDetached, FreeholdArea: 71 Sq.mtrAge: 1967-1975	18 Mar 2021	£295,000	68.57%
11 PARKWAYDetached, FreeholdArea: 71 Sq.mtrAge: 1967-1975	30 May 2014	£175,000	First Sale
52 PARKWAYTerraced, FreeholdArea: 79 Sq.mtrAge: 1967-1975	24 Jul 2020	£197,500	25.40%
	10 Oct 2014	£157,500	47.89%
	05 Jul 2002	£106,500	First Sale
19 PARKWAYDetached, FreeholdArea: 72.21 Sq.mtrAge: 1967-1975	08 Nov 2018	£240,000	21.83%
	25 Nov 2011	£197,000	233.90%
	09 Dec 1997	£59,000	First Sale
9 PARKWAYDetached, FreeholdArea: 59 Sq.mtrAge: 1967-1975	22 Aug 2016	£200,000	344.44%
9 PARKWAYDetached, FreeholdArea: 59 Sq.mtrAge: 1967-1975	03 Mar 1995	£45,000	First Sale
33 PARKWAYDetached, FreeholdArea: 85 Sq.mtrAge: 1967-1975	07 Nov 2014	£178,000	159.85%
33 PARKWAYDetached, FreeholdArea: 85 Sq.mtrAge: 1967-1975	05 Dec 1997	£68,500	First Sale
15 PARKWAYDetached, FreeholdArea: 70 Sq.mtrAge: 1967-1975	27 Oct 2014	£180,000	12.50%
15 PARKWAYDetached, FreeholdArea: 70 Sq.mtrAge: 1967-1975	28 Oct 2005	£160,000	First Sale
18 PARKWAYDetached, FreeholdArea: 72 Sq.mtrAge: 1950-1966	12 Feb 2014	£176,000	28.00%
18 PARKWAYDetached, FreeholdArea: 72 Sq.mtrAge: 1950-1966	24 Jan 2003	£137,500	First Sale
26 PARKWAYDetached, FreeholdArea: 54 Sq.mtrAge: 1950-1966	28 Oct 2013	£183,000	18.06%
	01 Aug 2008	£155,000	158.33%
	16 Feb 2001	£60,000	First Sale
16 PARKWAYDetached, FreeholdArea: 74 Sq.mtrAge: 1967-1975	26 Jul 2013	£155,000	-54.55%
16 PARKWAYDetached, FreeholdArea: 74 Sq.mtrAge: 1967-1975	14 Feb 2024	£341,000	First Sale
23 PARKWAYDetached, FreeholdArea: 54.4 Sq.mtrAge: 1950-1966	20 Dec 2012	£140,000	-20.00%
	27 Nov 2006	£175,000	272.34%
	16 Mar 1998	£47,000	First Sale
30 PARKWAYDetached, Freehold	15 Nov 2010	£166,500	27.10%
30 PARKWAYDetached, Freehold	17 Jul 2003	£131,000	First Sale
17 PARKWAYDetached, FreeholdArea: 87.13 Sq.mtrAge: 1950-1966	10 Dec 2009	£171,000	First Sale
28 PARKWAYDetached, FreeholdArea: 59.6 Sq.mtrAge: 1950-1966	21 Sep 2009	£175,000	-5.41%
28 PARKWAYDetached, FreeholdArea: 59.6 Sq.mtrAge: 1950-1966	16 Nov 2007	£185,000	First Sale
14 PARKWAYDetached, FreeholdArea: 114 Sq.mtrAge: 1967-1975	12 Sep 2008	£197,500	229.17%
	04 Dec 1996	£60,000	-5.51%
	21 Jun 1996	£63,500	First Sale
25 PARKWAYDetached, Freehold	04 Sep 2003	£145,000	First Sale
42 PARKWAYTerraced, Freehold	17 Mar 1998	£51,500	First Sale
20 PARKWAYDetached, Freehold	28 Jul 1997	£60,000	First Sale
35 PARKWAYDetached, FreeholdArea: 83 Sq.mtrAge: 1976-1982	03 Jan 1997	£63,000	First Sale

Check out the sold house prices near the PO33 3RZ postcode. Properties currently for saleProperties currently for rent

PARKWAY, PO33 3RZ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO33 3RZ 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 3RZ postcode.

Detached
- The average price is around £190,700 median price is £185,000 Standard Deviation is £104,191 with Total Sold: 738
- The Last 5 Year average price is £314,895 with Total Sold: 114
- The most recent sale happened at this postcode is , PITTSVIEW BINSTEAD HILL: £715,000 (Sold on 19 Sep 2024)
- The first recorded sale happened at this postcode is , 5 WYKEHAM CLOSE: £59,000 (Sold on 06 Jan 1995)
Terraced
- The average price is around £121,358 median price is £125,000 Standard Deviation is £60,142 with Total Sold: 392
- The Last 5 Year average price is £202,916 with Total Sold: 60
- The most recent sale happened at this postcode is , 40 PARKWAY: £260,000 (Sold on 30 Aug 2024)
- The first recorded sale happened at this postcode is , 180 BINSTEAD LODGE ROAD: £47,500 (Sold on 27 Feb 1995)
Semi-Detached
- The average price is around £149,742 median price is £158,000 Standard Deviation is £78,147 with Total Sold: 579
- The Last 5 Year average price is £253,295 with Total Sold: 75
- The most recent sale happened at this postcode is , 15 NEWNHAM ROAD: £195,000 (Sold on 09 Jul 2024)
- The first recorded sale happened at this postcode is , 26 ARNOLD ROAD: £55,000 (Sold on 06 Jan 1995)
Other
- The average price is around £508,372 median price is £119,000 Standard Deviation is £1,414,775 with Total Sold: 16
- The Last 5 Year average price is £132,917 with Total Sold: 12
- The most recent sale happened at this postcode is , 48 ARNOLD ROAD: £245,000 (Sold on 25 May 2023)
- The first recorded sale happened at this postcode is , MAPLE TREE HOUSE BINSTEAD ROAD: £5,975,000 (Sold on 24 Feb 2015)
Flat
- The average price is around £114,950 median price is £112,000 Standard Deviation is £100,122 with Total Sold: 54
- The Last 5 Year average price is £314,667 with Total Sold: 3
- The most recent sale happened at this postcode is , 1 QUARR PLACE: £650,000 (Sold on 07 Feb 2023)
- The first recorded sale happened at this postcode is , WELLWOOD COTTAGE WELLWOOD GLADE: £38,000 (Sold on 05 Sep 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£444,750	£4,608	6
2023	£365,688	£3,894	16
2022	£343,125	£4,043	18
2021	£339,619	£3,351	29
2020	£265,424	£2,710	21
2019	£240,810	£2,774	24
2018	£270,490	£2,871	26
2017	£239,500	£2,780	34
2016	£254,444	£2,879	28
2015	£208,087	£2,427	23
2014	£198,252	£2,656	37
2013	£211,575	£2,323	20
2012	£225,089	£2,394	18
2011	£239,619	£2,409	21
2010	£199,395	£2,482	19
2009	£197,738	£2,529	16
2008	£223,859	£2,041	11
2007	£230,285	£2,434	31
2006	£207,063	£2,192	31
2005	£185,677	£1,831	11
2004	£193,759	£2,186	33
2003	£168,754	£1,876	23
2002	£135,431	£1,821	31
2001	£117,237	£1,429	30
2000	£105,974	£1,116	25
1999	£91,597	£1,027	35
1998	£78,164	£889	39
1997	£66,024	£854	40
1996	£62,593	£810	26
1995	£57,778	£816	16

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£238,667		3
2023	£198,000	£3,741	6
2022	£239,955	£3,156	11
2021	£207,700	£2,749	15
2020	£192,650	£2,746	13
2019	£167,625	£2,612	12
2018	£159,500	£2,352	6
2017	£152,356	£2,546	11
2016	£160,677	£2,215	11
2015	£159,409	£2,164	11
2014	£144,150	£2,141	10
2013	£141,227	£2,039	11
2012	£133,417	£1,939	12
2011	£149,722	£2,068	9
2010	£172,250	£2,046	10
2009	£164,050	£1,957	9
2008	£153,441	£2,157	11
2007	£131,550	£2,352	8
2006	£135,630	£2,064	15
2005	£142,453	£2,131	19
2004	£133,341	£1,992	16
2003	£116,330	£1,554	15
2002	£86,487	£1,279	23
2001	£78,433	£1,118	21
2000	£68,204	£1,018	12
1999	£51,731	£743	18
1998	£49,452	£685	22
1997	£44,889	£718	18
1996	£43,798	£649	20
1995	£41,684	£665	14

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£255,500	£3,287	4
2023	£294,800	£3,788	10
2022	£292,000	£3,461	9
2021	£243,116	£2,983	19
2020	£214,375	£2,673	12
2019	£247,974	£2,668	21
2018	£206,055	£2,746	18
2017	£192,800	£2,476	18
2016	£209,157	£2,361	22
2015	£178,793	£2,348	23
2014	£170,589	£2,264	22
2013	£183,000	£2,338	14
2012	£168,625	£2,129	8
2011	£161,676	£2,091	17
2010	£188,869	£2,006	8
2009	£166,385	£2,257	20
2008	£189,628	£2,334	21
2007	£187,602	£2,205	20
2006	£185,888	£2,259	25
2005	£163,933	£1,969	21
2004	£156,016	£1,821	24
2003	£135,232	£1,717	24
2002	£100,963	£1,209	19
2001	£91,761	£1,199	27
2000	£82,657	£1,108	34
1999	£63,865	£910	20
1998	£58,025	£690	31
1997	£56,006	£687	28
1996	£48,129	£639	17
1995	£46,807	£577	23

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£245,000	£2,753	1
2022	£141,250	£3,146	2
2021	£1,000		1
2020	£106,750	£1,191	2
2019	£142,167	£1,091	6
2018	£238,750	£2,997	2
2016	£86,445	£1,201	1
2015	£5,975,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£650,000	£3,939	1
2020	£150,000	£3,307	1
2019	£144,000	£2,361	1
2018	£297,500	£2,621	2
2017	£134,400	£1,847	5
2016	£118,312	£2,292	4
2015	£125,000	£2,083	2
2014	£107,000	£1,814	1
2008	£139,000	£2,279	1
2007	£185,000	£2,031	3
2006	£127,500	£2,213	2
2005	£155,000		2
2004	£104,167	£2,670	3
2003	£112,833	£1,956	3
2002	£67,967	£1,689	3
2001	£116,317	£1,340	3
2000	£59,950	£1,792	1
1999	£47,000	£639	3
1998	£45,422	£710	9
1997	£5,000		1
1996	£25,238	£429	2
1995	£38,000		1

House Type in PO33 3RZ area

The most common house types in the PO33 3RZ postcode area are Detached (74), Terraced (23), and Semi-detached (16).

Total	113
Detached	74
Terraced	23
Semi-detached	16
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 (60), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright	60
Owned: Owns with a mortgage or loan	36
Private rented: Private landlord or letting agency	13
Social rented: Other social rented	2
Social rented: Rents from council or Local Authority	1
Private rented: Other private rented	1
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 3RZ have 2 people in household (52), and 1 person in household (29).

2 people in household	52
1 person in household	29
3 people in household	23
4 people in household	8
0 people in household	0
5 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0