Housing Market Analysis for OCEAN VIEW ROAD, PO38 1AA

Are you looking to understand PO38 1AA 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 PO38 1AA area, explore the PO38 1AA Area information page.
For comprehensive crime statistics in the PO38 1AA area, explore the PO38 1AA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO38 1AA postcode area, The average prices are as follows,

Terraced
- The average price is around £96,886 median price is £97,250 Standard Deviation is £43,948 with Total Sold: 38
- The Last 5 Year average price is £139,150 with Total Sold: 10
- The most recent sale happened at this postcode is 11 OCEAN VIEW ROAD: £155,000 (Sold on 23 Aug 2023)
- The first recorded sale happened at this postcode is 1A OCEAN VIEW ROAD: £160,000 (Sold on 04 Jun 2021)
Semi-Detached
- The average price is around £127,000 median price is £120,000 Standard Deviation is £19,131 with Total Sold: 5
- The Last 5 Year average price is £142,500 with Total Sold: 2
- The most recent sale happened at this postcode is 15, THE RAVENS OCEAN VIEW ROAD: £165,000 (Sold on 05 Jun 2023)
- The first recorded sale happened at this postcode is 14, THE RAVENS OCEAN VIEW ROAD: £115,000 (Sold on 10 Mar 2010)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1AA 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
2023	£155,000	£1,722	1
2022	£165,667	£2,847	3
2021	£131,125	£2,106	4
2019	£107,500	£2,114	2
2018	£100,000	£2,866	2
2017	£110,000	£2,895	1
2015	£91,250	£1,943	2
2014	£89,000	£2,496	3
2011	£121,000	£2,336	2
2010	£107,500	£3,065	2
2009	£96,750	£1,799	2
2008	£100,000	£2,611	2
2007	£96,000	£1,110	2
2006	£115,000	£3,557	1
2005	£97,500		1
2003	£68,983	£2,074	3
1997	£17,650	£243	3
1996	£7,875	£213	2

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£165,000	£4,714	1
2020	£120,000	£3,429	1
2017	£120,000	£3,429	1
2016	£115,000	£3,243	1
2010	£115,000	£3,243	1

All the Sales in the OCEAN VIEW ROAD, PO38 1AA

See the table below for more details on the sold house prices in the PO38 1AA, Isle of Wight postcode.

Address	Sold Date	Price	% Change
11 OCEAN VIEW ROADTerraced, LeaseholdArea: 90 Sq.mtrAge: 1900-1929	23 Aug 2023	£155,000	38.39%
	16 Feb 2022	£112,000	First Sale
15, THE RAVENS OCEAN VIEW ROADSemi-Detached, FreeholdArea: 35 Sq.mtrAge: 2007 onwards	05 Jun 2023	£165,000	37.50%
	31 Jul 2020	£120,000	0.0
	23 Jan 2017	£120,000	First Sale
9, THE RAVENS OCEAN VIEW ROADTerraced, FreeholdArea: 38 Sq.mtrAge: 1976-1982	27 Oct 2022	£175,000	59.09%
	05 Jul 2018	£110,000	0.0
	20 Jul 2017	£110,000	34.15%
	17 Apr 2014	£82,000	18.84%
	07 Feb 2003	£69,000	First Sale
3 OCEAN VIEW ROADTerraced, FreeholdArea: 78 Sq.mtrAge: 1900-1929	01 Jun 2022	£210,000	134.64%
	21 May 2021	£89,500	First Sale
1 OCEAN VIEW ROADTerraced, LeaseholdArea: 67.6 Sq.mtrAge: before 1900	04 Jun 2021	£160,000	First Sale
13, THE RAVENS OCEAN VIEW ROADTerraced, FreeholdArea: 41 Sq.mtrAge: 1976-1982	28 May 2021	£115,000	First Sale
25 OCEAN VIEW ROADTerraced, LeaseholdArea: 77 Sq.mtrAge: before 1900	18 Sep 2019	£105,000	First Sale
12, THE RAVENS OCEAN VIEW ROADTerraced, FreeholdArea: 38.4 Sq.mtr	05 Jul 2019	£110,000	22.22%
	02 Jul 2014	£90,000	First Sale
2, THE RAVENS OCEAN VIEW ROADTerraced, FreeholdArea: 31.71 Sq.mtrAge: 1967-1975	18 May 2018	£90,000	-5.26%
	02 Jul 2010	£95,000	First Sale
14, THE RAVENS OCEAN VIEW ROADSemi-Detached, FreeholdArea: 35.46 Sq.mtrAge: 1967-1975	06 Oct 2016	£115,000	0.0
	10 Mar 2010	£115,000	First Sale
3, THE RAVENS OCEAN VIEW ROADTerraced, FreeholdArea: 30 Sq.mtrAge: 1967-1975	22 Sep 2015	£82,500	17.94%
	01 Sep 2003	£69,950	First Sale
23 OCEAN VIEW ROADTerraced, FreeholdArea: 88 Sq.mtrAge: before 1900	25 Aug 2015	£100,000	First Sale
5, THE RAVENS OCEAN VIEW ROADTerraced, FreeholdArea: 31.8 Sq.mtrAge: 1967-1975	21 Jul 2014	£95,000	First Sale
29 OCEAN VIEW ROADTerraced, FreeholdArea: 96.21 Sq.mtrAge: before 1900	29 Jul 2011	£137,000	44.21%
	19 Jan 2007	£95,000	First Sale
10, THE RAVENS OCEAN VIEW ROADTerraced, FreeholdArea: 32.33 Sq.mtr	04 Jan 2011	£105,000	-8.70%
	05 Dec 2006	£115,000	First Sale
11, THE RAVENS OCEAN VIEW ROADTerraced, FreeholdArea: 38.3 Sq.mtrAge: 1967-1975	12 Mar 2010	£120,000	-4.00%
	26 Sep 2008	£125,000	66.67%
	21 Apr 2008	£75,000	First Sale
13 THE RAVENSTerraced, FreeholdArea: 41 Sq.mtrAge: 1976-1982	07 Aug 2009	£110,000	First Sale
5 OCEAN VIEW ROADTerraced, LeaseholdArea: 91.18 Sq.mtrAge: before 1900	20 Apr 2009	£83,500	-13.92%
	26 Jul 2007	£97,000	First Sale
7 OCEAN VIEW ROADTerraced, Leasehold	14 Sep 2005	£97,500	225.54%
7 OCEAN VIEW ROADTerraced, Leasehold	11 Jul 1997	£29,950	First Sale
8, THE RAVENS OCEAN VIEW ROADTerraced, Freehold	26 Feb 2003	£68,000	First Sale
21 OCEAN VIEW ROADTerraced, Leasehold	01 Aug 1997	£14,000	First Sale
FLAT 1, 33 OCEAN VIEW ROADTerraced, LeaseholdArea: 37 Sq.mtrAge: 1900-1929	03 Feb 1997	£9,000	12.50%
	20 Sep 1996	£8,000	3.23%
	24 May 1996	£7,750	First Sale
1A OCEAN VIEW ROADTerraced, Leasehold	04 Jun 2021	£160,000	First Sale

Check out the sold house prices near the PO38 1AA postcode. Properties currently for saleProperties currently for rent

OCEAN VIEW ROAD, PO38 1AA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO38 1AA 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 PO38 1AA postcode.

Semi-Detached
- The average price is around £148,159 median price is £141,000 Standard Deviation is £91,620 with Total Sold: 472
- The Last 5 Year average price is £250,329 with Total Sold: 73
- The most recent sale happened at this postcode is , 74 NEWPORT ROAD: £180,000 (Sold on 23 Aug 2024)
- The first recorded sale happened at this postcode is , 46 ALBERT STREET: £17,000 (Sold on 03 Feb 1995)
Flat
- The average price is around £124,219 median price is £110,000 Standard Deviation is £86,706 with Total Sold: 952
- The Last 5 Year average price is £185,998 with Total Sold: 140
- The most recent sale happened at this postcode is , 51A ALBERT STREET: £170,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is FLAT 1, PIER VIEW ESPLANADE: £32,500 (Sold on 06 Jan 1995)
Terraced
- The average price is around £129,917 median price is £120,000 Standard Deviation is £82,604 with Total Sold: 426
- The Last 5 Year average price is £217,308 with Total Sold: 61
- The most recent sale happened at this postcode is , 24A PIER STREET: £155,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is , 34 OCEAN VIEW ROAD: £27,000 (Sold on 09 Jan 1995)
Other
- The average price is around £303,953 median price is £216,000 Standard Deviation is £386,268 with Total Sold: 56
- The Last 5 Year average price is £366,336 with Total Sold: 31
- The most recent sale happened at this postcode is , 38 HIGH STREET: £191,000 (Sold on 16 Jan 2024)
- The first recorded sale happened at this postcode is , THE REX APARTMENT KINGSVIEW CHURCH STREET: £58,000 (Sold on 25 Sep 2013)
Detached
- The average price is around £233,224 median price is £205,000 Standard Deviation is £178,815 with Total Sold: 362
- The Last 5 Year average price is £417,396 with Total Sold: 53
- The most recent sale happened at this postcode is , 16 DOWNSIDE: £260,000 (Sold on 15 Dec 2023)
- The first recorded sale happened at this postcode is , 44 MITCHELL AVENUE: £31,000 (Sold on 28 Feb 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£288,333	£3,030	3
2023	£228,200	£2,841	15
2022	£288,917	£3,031	12
2021	£309,316	£2,789	19
2020	£198,583	£2,167	12
2019	£188,250	£2,278	12
2018	£193,480	£2,008	15
2017	£187,769	£1,872	13
2016	£191,684	£1,869	16
2015	£185,342	£2,160	19
2014	£163,861	£2,138	9
2013	£135,577	£1,694	13
2012	£161,812	£1,781	12
2011	£178,883	£1,592	9
2010	£207,500	£2,026	8
2009	£167,455	£1,961	11
2008	£175,786	£1,762	14
2007	£182,113	£1,932	26
2006	£188,800	£1,910	20
2005	£149,732	£1,659	22
2004	£166,917	£1,599	15
2003	£127,735	£1,419	17
2002	£112,250	£1,155	20
2001	£79,323	£777	24
2000	£70,843	£653	23
1999	£61,476	£589	21
1998	£52,572	£438	18
1997	£50,224	£491	27
1996	£42,406	£487	17
1995	£40,070	£378	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£303,833	£4,493	6
2023	£200,278	£2,953	18
2022	£186,436	£2,848	28
2021	£185,126	£2,776	33
2020	£165,916	£2,755	20
2019	£170,400	£2,423	35
2018	£152,694	£2,203	31
2017	£141,052	£2,087	29
2016	£163,323	£2,420	32
2015	£121,872	£1,914	53
2014	£151,852	£2,045	32
2013	£142,136	£1,791	14
2012	£138,744	£2,078	17
2011	£125,150	£2,021	20
2010	£170,083	£2,433	28
2009	£171,136	£2,698	22
2008	£143,395	£2,118	28
2007	£151,845	£2,223	53
2006	£182,380	£2,164	58
2005	£142,129	£1,783	49
2004	£122,442	£1,931	59
2003	£90,690	£1,549	34
2002	£73,450	£1,138	33
2001	£55,352	£797	42
2000	£44,563	£643	43
1999	£40,992	£662	21
1998	£39,577	£612	42
1997	£38,879	£485	24
1996	£30,588	£521	28
1995	£28,940	£438	20

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£207,500	£2,188	3
2023	£228,000	£3,453	10
2022	£243,138	£3,283	13
2021	£187,167	£2,483	18
2020	£259,889	£2,245	9
2019	£185,562	£2,140	8
2018	£175,458	£2,269	12
2017	£182,290	£2,415	15
2016	£164,594	£2,077	16
2015	£161,433	£1,951	15
2014	£142,062	£2,142	16
2013	£154,688	£1,935	13
2012	£152,790	£2,462	5
2011	£171,389	£2,233	9
2010	£138,130	£2,110	15
2009	£137,682	£1,871	11
2008	£162,682	£2,236	11
2007	£150,220	£1,716	25
2006	£166,150	£2,100	20
2005	£149,750	£1,837	14
2004	£146,700	£1,713	10
2003	£108,371	£1,351	19
2002	£84,035	£1,118	20
2001	£68,786	£794	18
2000	£68,889	£800	18
1999	£52,063	£606	23
1998	£41,091	£582	17
1997	£31,745	£333	22
1996	£32,112	£351	13
1995	£44,500	£611	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£191,000		1
2023	£302,200		5
2022	£1,700,000		1
2021	£222,792	£2,494	12
2020	£620,631	£2,004	7
2019	£187,300		5
2018	£226,250	£3,121	8
2017	£163,394	£3,482	8
2016	£361,800		6
2015	£79,000		1
2014	£240,000		1
2013	£58,000		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£738,000	£3,220	5
2022	£412,346	£3,696	13
2021	£445,133	£3,578	15
2020	£314,192	£3,219	13
2019	£330,000	£3,051	7
2018	£296,125	£2,660	16
2017	£347,389	£2,877	9
2016	£306,333	£2,729	12
2015	£305,526	£2,420	17
2014	£241,297	£2,116	15
2013	£201,250	£2,048	6
2012	£225,136	£2,443	11
2011	£247,857	£1,982	7
2010	£366,500	£3,892	5
2009	£288,742	£2,743	6
2008	£286,522	£2,310	9
2007	£289,100	£2,205	19
2006	£261,868	£2,042	19
2005	£263,930	£3,155	15
2004	£260,600	£2,358	5
2003	£180,115	£1,435	20
2002	£156,821	£1,157	14
2001	£119,750	£789	14
2000	£104,700	£822	15
1999	£100,250	£822	18
1998	£76,583	£450	12
1997	£63,674	£847	21
1996	£71,850	£524	16
1995	£50,375	£423	8

House Type in PO38 1AA area

The most common house types in the PO38 1AA postcode area are Semi-detached (48), Detached (36), and Terraced (25).

Total	120
Semi-detached	48
Detached	36
Terraced	25
Flat	5
converted building	3
Shared house	1
commercial building	1
temporary structure	1

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (81), and Owned: Owns with a mortgage or loan (25).

Owned: Owns outright	81
Owned: Owns with a mortgage or loan	25
Private rented: Private landlord or letting agency	14
Private rented: Other private rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

The most houses in the PO38 1AA have 2 people in household (53), and 1 person in household (46).

2 people in household	53
1 person in household	46
3 people in household	12
4 people in household	4
5 people in household	4
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0