Housing Market Analysis for ELM CLOSE, PO34 5ED

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £303,667 median price is £390,000 Standard Deviation is £151,262 with Total Sold: 3
    • The Last 5 Year average price is £410,000 with Total Sold: 2
    • The most recent sale happened at this postcode is THE HOMESTEAD ELM CLOSE: £390,000 (Sold on 28 Nov 2022)
    • The first recorded sale happened at this postcode is BETHANY ELM CLOSE: £91,000 (Sold on 09 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average PO34 5ED 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
2022£390,0001
2021£430,000 £3,094 1
1997£91,000 £641 1

All the Sales in the ELM CLOSE, PO34 5ED

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

AddressSold DatePrice% Change
THE HOMESTEAD ELM CLOSEDetached, Freehold28 Nov 2022£390,000First Sale
OVERWELL ELM CLOSEDetached, FreeholdArea: 139 Sq.mtrAge: 1967-197505 Mar 2021£430,000First Sale
BETHANY ELM CLOSEDetached, FreeholdArea: 142 Sq.mtrAge: 1900-192909 Dec 1997£91,000First Sale

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

ELM CLOSE, PO34 5ED Near By properties

Interactive Map

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

  • Flat
    • The average price is around £127,959 median price is £105,000 Standard Deviation is £77,027 with Total Sold: 29
    • The Last 5 Year average price is £219,600 with Total Sold: 5
    • The most recent sale happened at this postcode is FLAT 1, SHINER COURT NETTLESTONE GREEN: £162,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is FLAT 1, PRINCES MEAD SEAVIEW LANE: £77,000 (Sold on 16 Jul 1997)
  • Detached
    • The average price is around £253,633 median price is £240,000 Standard Deviation is £140,199 with Total Sold: 766
    • The Last 5 Year average price is £420,536 with Total Sold: 138
    • 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)
  • Other
    • The average price is around £481,000 median price is £355,000 Standard Deviation is £340,344 with Total Sold: 5
    • The Last 5 Year average price is £512,500 with Total Sold: 4
    • The most recent sale happened at this postcode is GARAGE 3, SHINER COURT NETTLESTONE GREEN: £10,000 (Sold on 20 Feb 2024)
    • The first recorded sale happened at this postcode is , ROADSIDE INN NETTLESTONE GREEN: £355,000 (Sold on 04 Jul 2014)
  • Semi-Detached
    • The average price is around £182,253 median price is £187,250 Standard Deviation is £89,402 with Total Sold: 176
    • The Last 5 Year average price is £311,739 with Total Sold: 23
    • The most recent sale happened at this postcode is , 19 ORCHARD ROAD: £345,000 (Sold on 02 Oct 2023)
    • The first recorded sale happened at this postcode is , 79 ORCHARD ROAD: £59,500 (Sold on 08 Feb 1995)
  • Terraced
    • The average price is around £167,892 median price is £165,000 Standard Deviation is £94,385 with Total Sold: 38
    • The Last 5 Year average price is £280,250 with Total Sold: 4
    • The most recent sale happened at this postcode is , 3 NEW TERRACE: £315,000 (Sold on 20 Dec 2022)
    • The first recorded sale happened at this postcode is 2, ELLERSLIE COTTAGES EDDINGTON ROAD: £41,000 (Sold on 09 Mar 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£162,0001
2022£330,000 £2,481 1
2021£291,0001
2020£175,000 £2,652 1
2019£140,000 £2,545 1
2017£105,000 £1,554 1
2016£195,000 £1,696 1
2013£90,000 £1,765 1
2012£140,000 £2,121 1
2010£120,000 £2,182 1
2009£295,000 £2,010 1
2008£77,900 £827 2
2007£137,000 £2,686 1
2005£191,0002
2004£101,667 £1,701 3
2003£82,000 £1,491 1
2002£78,500 £1,167 2
2000£50,000 £980 1
1999£112,5001
1998£57,833 £608 3
1997£56,500 £655 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£418,000 £4,355 5
2023£456,944 £4,907 18
2022£530,934 £4,792 31
2021£416,262 £3,943 32
2020£334,533 £3,378 23
2019£353,290 £3,266 29
2018£321,991 £3,229 28
2017£325,753 £3,361 29
2016£301,302 £2,952 33
2015£276,562 £2,798 35
2014£271,160 £2,564 31
2013£230,321 £2,520 28
2012£235,800 £2,661 15
2011£285,348 £2,559 23
2010£265,695 £2,833 25
2009£274,305 £2,864 19
2008£318,716 £2,557 16
2007£297,056 £2,614 24
2006£271,093 £2,444 28
2005£273,797 £2,269 15
2004£226,776 £2,113 21
2003£230,486 £2,173 30
2002£172,981 £1,710 34
2001£153,777 £1,354 24
2000£127,125 £1,236 28
1999£103,616 £1,022 37
1998£86,871 £839 24
1997£93,916 £878 37
1996£75,469 £817 27
1995£69,897 £636 17
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£155,0002
2023£815,000 £4,684 1
2022£925,000 £3,936 1
2014£355,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£315,000 £3,732 2
2022£423,833 £3,589 6
2021£264,250 £2,768 4
2020£295,833 £3,044 6
2019£233,000 £2,867 5
2018£238,400 £2,606 10
2017£255,667 £2,211 6
2016£251,167 £2,309 6
2015£209,500 £2,211 8
2014£193,500 £2,273 6
2013£200,500 £2,373 4
2012£179,975 £1,950 2
2011£185,429 £2,122 7
2010£203,000 £2,269 5
2009£187,125 £2,034 4
2008£201,667 £2,841 3
2007£223,562 £2,500 8
2006£189,475 £1,788 6
2005£216,707 £2,587 7
2004£175,214 £1,597 7
2003£172,682 £1,797 11
2002£117,000 £1,270 6
2001£108,461 £1,159 6
2000£107,236 £1,149 7
1999£80,644 £821 8
1998£73,650 £740 6
1997£69,583 £777 6
1996£39,647 £565 6
1995£50,250 £564 8
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£315,000 £3,424 1
2020£280,500 £3,563 2
2019£245,000 £2,379 1
2017£242,500 £2,575 4
2016£222,667 £2,394 3
2013£256,250 £1,887 2
2011£235,000 £2,352 1
2009£46,500 £567 1
2008£177,500 £1,212 2
2006£176,000 £2,190 3
2005£182,317 £2,287 3
2002£174,167 £871 3
2000£113,167 £1,176 3
1999£66,500 £696 2
1997£61,000 £741 3
1996£71,0002
1995£38,475 £361 2

House Type in PO34 5ED area

The most common house types in the PO34 5ED postcode area are Detached (112), Semi-detached (5), and Terraced (1).

Total119
Detached112
Semi-detached5
Terraced1
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 (82), and Owned: Owns with a mortgage or loan (26).

Owned: Owns outright82
Owned: Owns with a mortgage or loan26
Private rented: Private landlord or letting agency7
Private rented: Other private rented4
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 PO34 5ED have 2 people in household (63), and 1 person in household (30).

2 people in household63
1 person in household30
3 people in household13
4 people in household9
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0