Housing Market Analysis for THE CLOSE, PO34 5BT

Are you looking to understand PO34 5BT 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 PO34 5BT area, explore the PO34 5BT Area information page.
For comprehensive crime statistics in the PO34 5BT area, explore the PO34 5BT Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO34 5BT postcode area, The average prices are as follows,

  • Terraced
    • The average price is around £419,600 median price is £505,000 Standard Deviation is £240,550 with Total Sold: 5
    • The Last 5 Year average price is £600,667 with Total Sold: 3
    • The most recent sale happened at this postcode is HILLSIDE THE CLOSE: £770,000 (Sold on 17 Feb 2023)
    • The first recorded sale happened at this postcode is SWIFT COTTAGE THE CLOSE: £138,500 (Sold on 21 Feb 1997)
  • Detached
    • The average price is around £340,000 median price is £245,000 Standard Deviation is £300,183 with Total Sold: 5
    • The most recent sale happened at this postcode is WESTBOURNE THE CLOSE: £245,000 (Sold on 11 Dec 2012)
    • The first recorded sale happened at this postcode is UPPER ORCHARD THE CLOSE: £45,000 (Sold on 08 Dec 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average PO34 5BT 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£770,000 £4,074 1
2022£527,000 £2,745 1
2020£505,000 £2,672 1
1998£157,500 £833 1
1997£138,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£245,000 £3,329 1
2011£920,0001
2010£250,000 £3,397 1
2005£240,0001
1999£45,0001

All the Sales in the THE CLOSE, PO34 5BT

See the table below for more details on the sold house prices in the PO34 5BT, Isle of Wight postcode.

AddressSold DatePrice% Change
HILLSIDE THE CLOSETerraced, LeaseholdArea: 189 Sq.mtrAge: 1900-192917 Feb 2023£770,00052.48%
11 Dec 2020£505,000220.63%
12 Jun 1998£157,500First Sale
VERANDAH COTTAGE THE CLOSETerraced, LeaseholdArea: 192 Sq.mtrAge: 1900-192920 Jun 2022£527,000First Sale
WESTBOURNE THE CLOSEDetached, LeaseholdArea: 73.6 Sq.mtr11 Dec 2012£245,000-2.00%
07 Jun 2010£250,000First Sale
BEVADAR THE CLOSEDetached, Leasehold27 Jul 2011£920,000First Sale
UPPER ORCHARD THE CLOSEDetached, Leasehold21 Jan 2005£240,000433.33%
08 Dec 1999£45,000First Sale
SWIFT COTTAGE THE CLOSETerraced, Leasehold21 Feb 1997£138,500First Sale

Check out the sold house prices near the PO34 5BT postcode. Properties currently for saleProperties currently for rent

THE CLOSE, PO34 5BT Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO34 5BT 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 PO34 5BT postcode.

  • Detached
    • The average price is around £272,406 median price is £248,000 Standard Deviation is £187,750 with Total Sold: 748
    • The Last 5 Year average price is £449,892 with Total Sold: 144
    • The most recent sale happened at this postcode is , 18 CEDAR WOOD DRIVE: £380,000 (Sold on 30 Jul 2024)
    • The first recorded sale happened at this postcode is , 4 HERSEY RISE: £80,000 (Sold on 23 Feb 1995)
  • Terraced
    • The average price is around £347,698 median price is £287,500 Standard Deviation is £218,417 with Total Sold: 24
    • The Last 5 Year average price is £602,833 with Total Sold: 6
    • The most recent sale happened at this postcode is , 8 SEAGROVE MANOR CLOSE: £280,000 (Sold on 04 Jun 2024)
    • The first recorded sale happened at this postcode is , 8 SEAVIEW BAY: £180,000 (Sold on 31 Oct 1995)
  • Semi-Detached
    • The average price is around £203,328 median price is £192,000 Standard Deviation is £125,124 with Total Sold: 96
    • The Last 5 Year average price is £339,857 with Total Sold: 14
    • The most recent sale happened at this postcode is , THE RIDGE FERNICLOSE ROAD: £800,000 (Sold on 17 May 2024)
    • The first recorded sale happened at this postcode is , 79 ORCHARD ROAD: £59,500 (Sold on 08 Feb 1995)
  • Flat
    • The average price is around £216,518 median price is £190,000 Standard Deviation is £142,702 with Total Sold: 59
    • The Last 5 Year average price is £358,200 with Total Sold: 10
    • The most recent sale happened at this postcode is , 32 SEAVIEW BAY: £455,000 (Sold on 22 Apr 2022)
    • The first recorded sale happened at this postcode is , 17 SEAVIEW BAY: £83,000 (Sold on 07 Jun 1995)
  • Other
    • The average price is around £2,105,000 median price is £2,300,000 Standard Deviation is £1,574,116 with Total Sold: 5
    • The Last 5 Year average price is £2,596,667 with Total Sold: 3
    • The most recent sale happened at this postcode is , PRIORY HOTEL PRIORY ROAD: £4,750,000 (Sold on 13 Dec 2021)
    • The first recorded sale happened at this postcode is , PRIORY HOTEL PRIORY ROAD: £2,300,000 (Sold on 10 May 2017)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£428,333 £4,355 6
2023£552,474 £4,929 19
2022£511,061 £4,790 32
2021£452,884 £4,334 31
2020£418,793 £3,791 28
2019£342,782 £3,376 28
2018£432,158 £3,450 30
2017£339,578 £3,418 25
2016£312,726 £3,022 33
2015£280,119 £2,860 31
2014£277,171 £2,578 29
2013£230,212 £2,558 26
2012£235,467 £2,721 15
2011£331,091 £2,730 22
2010£277,680 £2,703 27
2009£263,341 £2,773 16
2008£298,630 £2,614 15
2007£323,934 £3,043 25
2006£280,439 £2,489 23
2005£297,872 £2,216 16
2004£238,995 £2,004 22
2003£216,641 £2,134 29
2002£177,393 £1,703 34
2001£174,671 £1,423 21
2000£125,229 £1,319 24
1999£122,257 £1,080 44
1998£108,100 £838 23
1997£89,528 £824 32
1996£74,413 £798 27
1995£79,217 £682 15
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,0001
2023£770,000 £4,074 1
2022£746,000 £5,295 2
2020£537,500 £2,672 2
2015£570,000 £6,291 1
2013£340,000 £2,519 1
2012£499,998 £3,574 2
2011£235,000 £2,352 1
2007£249,000 £1,649 1
2005£228,500 £2,205 2
2003£285,000 £3,146 1
2002£290,0001
2001£199,950 £1,272 1
2000£117,500 £1,176 1
1999£295,0001
1998£136,650 £800 2
1997£118,000 £620 2
1995£180,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£800,0001
2023£345,000 £4,367 1
2022£300,000 £3,614 1
2021£256,500 £3,277 2
2020£341,667 £3,306 6
2019£250,000 £2,901 3
2018£225,000 £3,115 3
2017£293,500 £2,548 2
2016£240,000 £2,034 1
2015£191,333 £2,371 6
2014£215,167 £2,582 3
2013£201,000 £2,576 2
2012£180,000 £2,450 1
2011£198,000 £2,677 3
2010£212,500 £2,322 2
2009£315,600 £2,408 5
2008£225,000 £2,841 2
2007£248,667 £3,071 3
2006£217,750 £1,949 2
2005£204,750 £2,993 4
2004£235,300 £1,568 5
2003£185,778 £1,954 9
2002£174,000 £1,507 3
2001£93,767 £1,234 1
2000£141,275 £1,149 6
1999£102,570 £796 5
1998£104,500 £782 3
1997£70,700 £832 5
1996£54,125 £616 2
1995£59,125 £678 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£455,000 £5,170 1
2021£321,250 £4,100 4
2020£428,333 £4,302 3
2019£278,500 £3,653 2
2018£395,000 £3,591 1
2017£189,000 £3,375 1
2016£349,333 £2,986 3
2015£273,000 £4,494 2
2010£274,167 £4,551 3
2007£492,500 £4,867 3
2005£275,0001
2004£260,000 £2,588 2
2003£214,500 £3,129 2
2001£262,5002
2000£184,750 £1,977 4
1999£205,000 £1,864 1
1998£109,362 £1,561 4
1996£81,973 £782 15
1995£70,900 £899 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£4,750,0001
2020£1,520,000 £4,074 2
2017£1,367,5002

House Type in PO34 5BT area

The most common house types in the PO34 5BT postcode area are Detached (97), Semi-detached (4), and Terraced (2).

Total104
Detached97
Semi-detached4
Terraced2
Shared house1
Flat0
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (71), and Owned: Owns with a mortgage or loan (30).

Owned: Owns outright71
Owned: Owns with a mortgage or loan30
Private rented: Private landlord or letting agency3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Private rented: Other private rented0
Lives rent free0

Number of People in a Household

The most houses in the PO34 5BT have 2 people in household (60), and 1 person in household (19).

2 people in household60
1 person in household19
4 people in household13
3 people in household11
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0