Housing Market Analysis for MATTHEWS WAY, PO34 5LB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £246,580 median price is £248,000 Standard Deviation is £108,346 with Total Sold: 35
    • The Last 5 Year average price is £384,571 with Total Sold: 7
    • The most recent sale happened at this postcode is 4 MATTHEWS WAY: £475,000 (Sold on 18 May 2023)
    • The first recorded sale happened at this postcode is 3 MATTHEWS WAY: £69,000 (Sold on 30 Jul 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PO34 5LB 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
2023£475,000 £5,299 1
2022£485,000 £6,299 1
2021£407,000 £3,990 1
2020£335,000 £3,722 1
2019£330,000 £3,615 3
2018£300,000 £3,571 1
2017£317,000 £4,117 1
2015£322,500 £3,019 2
2014£248,000 £3,221 1
2012£265,250 £2,676 2
2011£235,000 £2,622 1
2009£279,000 £2,998 2
2008£249,950 £2,630 1
2007£402,500 £2,580 1
2004£229,000 £2,353 2
2003£213,488 £2,467 4
2002£155,000 £2,013 1
2001£165,500 £1,339 2
2000£127,950 £1,662 1
1999£109,500 £1,255 2
1998£89,4501
1997£74,5002
1996£69,000 £633 1

All the Sales in the MATTHEWS WAY, PO34 5LB

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

AddressSold DatePrice% Change
4 MATTHEWS WAYDetached, FreeholdArea: 89.64 Sq.mtrAge: 1976-198218 May 2023£475,00039.71%
16 Oct 2019£340,00044.68%
02 Aug 2011£235,00011.90%
04 Nov 2003£210,000First Sale
5 MATTHEWS WAYDetached, FreeholdArea: 77 Sq.mtrAge: 1983-199017 Aug 2022£485,00095.56%
22 Jul 2014£248,00015.35%
14 Nov 2003£215,00038.71%
15 Apr 2002£155,00021.14%
14 Jul 2000£127,95012.24%
29 Jun 1999£114,000First Sale
16 MATTHEWS WAYDetached, FreeholdArea: 102 Sq.mtrAge: 1976-198202 Mar 2021£407,00069.58%
06 Aug 2004£240,00014.83%
24 Apr 2003£209,00099.05%
09 Sep 1999£105,000First Sale
17 MATTHEWS WAYDetached, FreeholdArea: 90 Sq.mtrAge: 1983-199002 Sep 2020£335,000First Sale
15 MATTHEWS WAYDetached, FreeholdArea: 95.05 Sq.mtrAge: 1967-197502 Dec 2019£350,00033.33%
28 Aug 2012£262,500-7.89%
11 Dec 2009£285,00014.02%
28 Mar 2008£249,950First Sale
1 MATTHEWS WAYDetached, FreeholdArea: 89 Sq.mtrAge: 1967-197514 May 2019£300,000First Sale
12 MATTHEWS WAYDetached, FreeholdArea: 84 Sq.mtrAge: 1967-197503 Aug 2018£300,000First Sale
14 MATTHEWS WAYDetached, FreeholdArea: 77 Sq.mtrAge: 1967-197516 Nov 2017£317,000First Sale
19 MATTHEWS WAYDetached, FreeholdArea: 156 Sq.mtrAge: 1983-199004 Nov 2015£370,000-8.07%
22 Nov 2007£402,500First Sale
6 MATTHEWS WAYDetached, FreeholdArea: 75 Sq.mtrAge: 1983-199021 Jul 2015£275,000First Sale
11 MATTHEWS WAYDetached, FreeholdArea: 103.43 Sq.mtrAge: 1983-199027 Jul 2012£268,000First Sale
8 MATTHEWS WAYDetached, Freehold03 Dec 2009£273,000First Sale
22 MATTHEWS WAYDetached, Freehold16 Jan 2004£218,000143.71%
20 Nov 1998£89,450First Sale
18 MATTHEWS WAYDetached, Freehold26 Nov 2003£219,950First Sale
3 MATTHEWS WAYDetached, FreeholdArea: 109 Sq.mtrAge: 1976-198231 May 2001£146,000111.59%
30 Jul 1996£69,000First Sale
7 MATTHEWS WAYDetached, Freehold25 May 2001£185,000168.12%
14 Mar 1997£69,000First Sale
2 MATTHEWS WAYDetached, Freehold23 May 1997£80,000First Sale

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

MATTHEWS WAY, PO34 5LB Near By properties

Interactive Map

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

  • Flat
    • The average price is around £190,711 median price is £140,000 Standard Deviation is £131,980 with Total Sold: 83
    • The Last 5 Year average price is £312,231 with Total Sold: 13
    • 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 , 17 SEAVIEW BAY: £83,000 (Sold on 07 Jun 1995)
  • Detached
    • The average price is around £275,753 median price is £249,250 Standard Deviation is £188,101 with Total Sold: 894
    • The Last 5 Year average price is £458,528 with Total Sold: 161
    • 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 £277,648 median price is £218,000 Standard Deviation is £195,254 with Total Sold: 42
    • The Last 5 Year average price is £561,714 with Total Sold: 7
    • 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 £215,246 median price is £197,000 Standard Deviation is £134,543 with Total Sold: 138
    • The Last 5 Year average price is £341,455 with Total Sold: 22
    • 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)
  • Other
    • The average price is around £1,403,333 median price is £815,000 Standard Deviation is £1,432,411 with Total Sold: 9
    • The Last 5 Year average price is £1,590,000 with Total Sold: 6
    • 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)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£162,0001
2022£455,000 £5,170 1
2021£321,250 £4,100 4
2020£365,000 £3,889 4
2019£232,333 £3,284 3
2018£395,000 £3,591 1
2017£189,000 £3,375 1
2016£310,750 £2,663 4
2015£273,000 £4,494 2
2014£240,0001
2013£90,000 £1,765 1
2012£140,000 £2,121 1
2010£235,625 £3,959 4
2009£295,000 £2,010 1
2007£403,625 £3,777 4
2005£219,0003
2004£164,583 £1,897 6
2003£170,333 £2,583 3
2002£78,500 £1,167 2
2001£262,5002
2000£157,800 £1,728 5
1999£205,000 £1,864 1
1998£91,075 £1,045 6
1997£56,500 £655 2
1996£81,973 £782 15
1995£70,900 £899 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£428,333 £4,355 6
2023£514,143 £4,929 21
2022£534,027 £4,826 35
2021£472,457 £4,358 37
2020£417,707 £3,826 30
2019£367,278 £3,352 32
2018£426,493 £3,409 34
2017£339,902 £3,363 32
2016£317,777 £3,005 36
2015£284,351 £2,884 39
2014£294,483 £2,681 33
2013£227,466 £2,525 29
2012£253,456 £2,767 17
2011£364,103 £2,760 29
2010£280,412 £2,833 30
2009£286,817 £2,909 23
2008£325,850 £2,666 17
2007£317,047 £2,887 29
2006£294,616 £2,408 31
2005£298,997 £2,227 19
2004£250,343 £2,086 30
2003£233,760 £2,154 33
2002£185,430 £1,726 38
2001£183,041 £1,484 27
2000£131,018 £1,255 28
1999£126,046 £1,091 50
1998£107,068 £863 28
1997£95,610 £865 44
1996£80,259 £802 37
1995£84,812 £704 20
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£280,0001
2023£770,000 £4,074 1
2022£602,333 £4,671 3
2020£537,500 £2,672 2
2017£240,833 £2,503 3
2016£216,000 £2,348 1
2015£570,000 £6,291 1
2013£284,167 £2,098 3
2012£499,998 £3,574 2
2011£235,000 £2,352 1
2008£195,0001
2007£249,000 £1,649 1
2006£160,000 £2,361 2
2005£218,983 £2,195 3
2003£285,000 £3,146 1
2002£232,5003
2001£199,950 £1,272 1
2000£113,167 £1,176 3
1999£179,500 £696 2
1998£136,650 £800 2
1997£118,000 £620 2
1996£71,0002
1995£180,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£800,0001
2023£345,000 £4,367 1
2022£423,000 £3,668 5
2021£264,250 £2,768 4
2020£325,000 £3,195 7
2019£230,000 £2,884 4
2018£244,200 £2,864 5
2017£301,333 £2,318 3
2016£270,000 £2,613 2
2015£221,778 £2,231 9
2014£215,167 £2,582 3
2013£197,333 £2,429 3
2012£344,983 £2,477 3
2011£210,500 £2,371 4
2010£354,967 £2,322 3
2009£315,600 £2,408 5
2008£273,750 £2,841 4
2007£231,900 £3,071 5
2006£225,125 £2,123 4
2005£223,158 £2,673 6
2004£235,300 £1,568 5
2003£189,000 £1,872 11
2002£149,400 £1,292 5
2001£111,256 £1,198 3
2000£130,831 £1,149 8
1999£98,979 £837 7
1998£97,125 £782 4
1997£70,700 £832 5
1996£54,125 £616 2
1995£50,514 £606 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£10,0001
2023£815,000 £4,684 1
2022£925,000 £3,936 1
2021£4,750,0001
2020£1,520,000 £4,074 2
2017£1,367,5002
2014£355,0001

House Type in PO34 5LB area

The most common house types in the PO34 5LB postcode area are Detached (69), Semi-detached (9), and Shared house (5).

Total85
Detached69
Semi-detached9
Shared house5
Terraced1
Flat1
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (58), and Owned: Owns with a mortgage or loan (17).

Owned: Owns outright58
Owned: Owns with a mortgage or loan17
Private rented: Private landlord or letting agency5
Social rented: Other social rented2
Private rented: Other private rented2
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the PO34 5LB have 2 people in household (47), and 1 person in household (21).

2 people in household47
1 person in household21
3 people in household16
4 people in household1
0 people in household0
5 people in household0
6 people in household0
7 people in household0
8 or more people in household0