Housing Market Analysis for MELVILLE STREET, PO36 8LE

Are you looking to understand PO36 8LE 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 PO36 8LE area, explore the PO36 8LE Area information page.
For comprehensive crime statistics in the PO36 8LE area, explore the PO36 8LE Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO36 8LE postcode area, The average prices are as follows,

  • Detached
    • The average price is around £256,667 median price is £315,000 Standard Deviation is £123,446 with Total Sold: 3
    • The most recent sale happened at this postcode is 9 MELVILLE STREET: £315,000 (Sold on 27 May 2016)
    • The first recorded sale happened at this postcode is 42 MELVILLE STREET: £85,000 (Sold on 23 May 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average PO36 8LE 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
2016£315,0001
2008£370,0001
1997£85,000 £714 1

All the Sales in the MELVILLE STREET, PO36 8LE

See the table below for more details on the sold house prices in the PO36 8LE, Isle of Wight postcode.

AddressSold DatePrice% Change
9 MELVILLE STREETDetached, Freehold27 May 2016£315,000-14.86%
28 Mar 2008£370,000First Sale
42 MELVILLE STREETDetached, FreeholdArea: 119 Sq.mtrAge: 1930-194923 May 1997£85,000First Sale

Check out the sold house prices near the PO36 8LE postcode. Properties currently for saleProperties currently for rent

MELVILLE STREET, PO36 8LE Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO36 8LE 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 PO36 8LE postcode.

  • Semi-Detached
    • The average price is around £159,279 median price is £155,000 Standard Deviation is £87,124 with Total Sold: 584
    • The Last 5 Year average price is £262,870 with Total Sold: 63
    • The most recent sale happened at this postcode is , KNIGHTSBRIDGE SUNSET DRIVE: £244,000 (Sold on 30 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 SUNNYSIDE GARDENS: £49,950 (Sold on 25 Jan 1995)
  • Terraced
    • The average price is around £125,172 median price is £125,000 Standard Deviation is £69,844 with Total Sold: 537
    • The Last 5 Year average price is £225,433 with Total Sold: 56
    • The most recent sale happened at this postcode is , 5 FAIRFIELD GARDENS: £182,000 (Sold on 29 Aug 2024)
    • The first recorded sale happened at this postcode is , 8 PARK MEWS: £54,300 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £225,639 median price is £207,500 Standard Deviation is £127,102 with Total Sold: 568
    • The Last 5 Year average price is £377,552 with Total Sold: 56
    • The most recent sale happened at this postcode is , 15 THE MALL: £415,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 HILL STREET: £120,000 (Sold on 06 Jan 1995)
  • Other
    • The average price is around £203,265 median price is £96,250 Standard Deviation is £286,336 with Total Sold: 185
    • The Last 5 Year average price is £376,601 with Total Sold: 37
    • The most recent sale happened at this postcode is , 101 STATION AVENUE: £400,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , THE COTTAGE ROYAL STREET: £590,000 (Sold on 05 Jan 2015)
  • Flat
    • The average price is around £121,825 median price is £106,000 Standard Deviation is £77,039 with Total Sold: 1,131
    • The Last 5 Year average price is £180,353 with Total Sold: 138
    • The most recent sale happened at this postcode is 1, ST JOHNS COURT ST JOHNS ROAD: £90,000 (Sold on 12 Jul 2024)
    • The first recorded sale happened at this postcode is FLAT 5, AUCKLAND MEWS, 44 FITZROY STREET: £29,950 (Sold on 16 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£237,3577
2023£353,000 £2,721 9
2022£269,222 £2,606 20
2021£243,612 £2,568 20
2020£209,373 £1,930 7
2019£217,067 £2,185 21
2018£201,657 £2,184 22
2017£206,879 £2,192 17
2016£214,885 £2,162 13
2015£200,000 £2,089 14
2014£177,933 £1,729 15
2013£183,818 £1,783 11
2012£158,222 £1,612 9
2011£166,050 £1,566 10
2010£167,900 £1,893 15
2009£183,900 £1,763 15
2008£195,667 £1,646 9
2007£212,917 £2,140 35
2006£178,491 £1,715 28
2005£167,278 £1,938 25
2004£197,457 £2,520 28
2003£160,528 £1,478 25
2002£122,654 £1,146 39
2001£104,242 £1,055 26
2000£83,945 £860 22
1999£78,905 £684 43
1998£62,509 £535 22
1997£67,236 £635 21
1996£52,718 £586 19
1995£49,615 £482 17
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£257,6005
2023£229,505 £2,897 10
2022£243,825 £2,245 20
2021£209,911 £2,236 14
2020£175,136 £1,574 7
2019£160,198 £2,121 15
2018£165,688 £1,958 16
2017£176,812 £1,909 16
2016£167,593 £1,745 21
2015£144,950 £1,646 20
2014£151,951 £1,542 27
2013£146,000 £1,544 6
2012£125,250 £1,394 8
2011£127,335 £1,563 13
2010£137,500 £1,431 13
2009£136,292 £1,727 12
2008£159,071 £2,092 7
2007£148,765 £1,953 23
2006£138,628 £1,544 25
2005£149,000 £1,581 17
2004£144,433 £1,710 26
2003£122,171 £1,928 35
2002£85,009 £941 27
2001£77,298 £1,261 29
2000£61,011 £824 22
1999£55,966 £681 22
1998£47,259 £515 26
1997£44,511 £631 22
1996£41,768 £563 21
1995£39,358 £625 12
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,619 £6,941 8
2023£495,333 £2,706 6
2022£447,000 £2,684 5
2021£361,293 £3,024 22
2020£305,500 £2,616 15
2019£286,372 £2,713 16
2018£286,069 £2,408 13
2017£256,657 £2,434 22
2016£271,329 £2,447 21
2015£240,560 £2,544 18
2014£225,684 £2,270 14
2013£285,750 £1,972 14
2012£257,056 £2,015 9
2011£276,903 £1,979 16
2010£273,139 £1,787 7
2009£238,682 £1,819 11
2008£331,745 £2,053 10
2007£303,920 £2,261 38
2006£253,484 £2,053 34
2005£217,304 £2,024 14
2004£268,719 £1,787 32
2003£193,945 £1,620 25
2002£164,523 £1,254 39
2001£162,407 £1,383 35
2000£141,458 £1,028 29
1999£109,035 £782 23
1998£94,706 £667 27
1997£75,773 £707 17
1996£71,523 £448 13
1995£76,204 £498 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£223,0004
2023£520,1457
2022£365,125 £2,226 8
2021£415,000 £2,799 6
2020£332,519 £1,234 12
2019£154,139 £1,091 54
2018£125,65839
2017£177,716 £1,059 45
2016£242,643 £1,095 7
2015£250,0003
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£157,611 £2,921 9
2023£200,222 £3,002 20
2022£194,177 £3,000 31
2021£179,726 £2,852 42
2020£163,826 £2,356 36
2019£180,974 £2,503 42
2018£138,974 £2,291 40
2017£190,248 £2,598 47
2016£139,808 £2,164 59
2015£134,362 £2,014 32
2014£126,747 £1,972 32
2013£153,658 £2,056 39
2012£121,907 £1,882 27
2011£105,354 £1,794 24
2010£112,817 £1,850 30
2009£131,383 £2,200 44
2008£137,419 £2,149 39
2007£142,646 £2,272 50
2006£140,451 £2,254 50
2005£120,114 £1,911 46
2004£97,925 £1,872 55
2003£117,607 £1,977 57
2002£87,610 £1,529 65
2001£51,576 £1,079 29
2000£61,553 £961 43
1999£51,711 £862 41
1998£41,640 £621 29
1997£45,675 £749 40
1996£32,076 £522 19
1995£34,424 £526 14

House Type in PO36 8LE area

The most common house types in the PO36 8LE postcode area are Semi-detached (55), Flat (53), and Detached (38).

Total180
Semi-detached55
Flat53
Detached38
Terraced14
Shared house10
converted building10
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Total (181), and Owned: Owns outright (68).

Total181
Owned: Owns outright68
Private rented: Private landlord or letting agency56
Owned: Owns with a mortgage or loan40
Shared ownership: Shared ownership12
Private rented: Other private rented4
Social rented: Other social rented1
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 PO36 8LE have Total (181), and 1 person in household (80).

Total181
1 person in household80
2 people in household48
3 people in household28
4 people in household19
6 people in household3
5 people in household2
7 people in household1
0 people in household0
8 or more people in household0