Housing Market Analysis for OCEAN VIEW ROAD, PO38 1AB

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £89,800 median price is £83,000 Standard Deviation is £46,737 with Total Sold: 25
- The Last 5 Year average price is £100,400 with Total Sold: 5
- The most recent sale happened at this postcode is 62 OCEAN VIEW ROAD: £73,000 (Sold on 25 Aug 2023)
- The first recorded sale happened at this postcode is 32 OCEAN VIEW ROAD: £35,000 (Sold on 26 May 1995)
Terraced
- The average price is around £101,963 median price is £95,000 Standard Deviation is £90,526 with Total Sold: 19
- The Last 5 Year average price is £210,000 with Total Sold: 3
- The most recent sale happened at this postcode is 18 OCEAN VIEW ROAD: £140,000 (Sold on 12 Aug 2022)
- The first recorded sale happened at this postcode is 34 OCEAN VIEW ROAD: £27,000 (Sold on 09 Jan 1995)
Detached
- The average price is around £47,000 median price is £47,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 4 OCEAN VIEW ROAD: £47,000 (Sold on 27 Apr 2001)
- The first recorded sale happened at this postcode is 4 OCEAN VIEW ROAD: £47,000 (Sold on 27 Apr 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1AB 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: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£104,500	£1,313	2
2021	£134,000	£2,680	1
2020	£79,500	£1,169	2
2018	£138,750	£1,862	2
2016	£94,000	£1,880	1
2013	£113,833	£1,666	3
2012	£123,500	£824	2
2008	£153,000	£2,013	1
2003	£96,500	£1,339	2
2002	£105,000	£1,181	1
2001	£68,000	£731	1
2000	£40,000	£450	1
1999	£40,250	£549	2
1998	£46,500		1
1997	£45,000	£726	1
1996	£17,000	£250	1
1995	£35,000	£461	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£267,500	£2,876	2
2021	£95,000	£1,319	1
2016	£180,000	£2,368	1
2015	£165,000	£2,171	1
2010	£119,750	£2,995	2
2009	£90,000	£1,271	1
2008	£140,000	£2,692	1
2007	£147,500	£2,271	2
1999	£31,775	£663	2
1998	£25,000		1
1997	£18,500	£193	1
1996	£25,125	£477	2
1995	£20,250	£375	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£47,000		1

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

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

Address	Sold Date	Price	% Change
62 OCEAN VIEW ROADSemi-Detached, LeaseholdArea: 85 Sq.mtrAge: 1900-1929	25 Aug 2023	£73,000	4.29%
	07 Dec 2012	£70,000	First Sale
24 OCEAN VIEW ROADSemi-Detached, LeaseholdArea: 77 Sq.mtrAge: before 1900	21 Jul 2023	£136,000	First Sale
18 OCEAN VIEW ROADTerraced, FreeholdArea: 96 Sq.mtrAge: 1950-1966	12 Aug 2022	£140,000	656.76%
	03 Jul 1997	£18,500	First Sale
46 OCEAN VIEW ROADTerraced, FreeholdArea: 92 Sq.mtrAge: before 1900	17 Jun 2022	£395,000	107.89%
	01 Oct 2007	£190,000	First Sale
26 OCEAN VIEW ROADSemi-Detached, LeaseholdArea: 50 Sq.mtrAge: before 1900	25 Aug 2021	£134,000	42.55%
	17 Oct 2016	£94,000	First Sale
34 OCEAN VIEW ROADTerraced, FreeholdArea: 72 Sq.mtrAge: before 1900	10 Feb 2021	£95,000	251.85%
	09 Jan 1995	£27,000	First Sale
16 OCEAN VIEW ROADSemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1900-1929	06 Nov 2020	£84,000	12.00%
	04 Sep 2020	£75,000	7.14%
	29 Aug 2018	£70,000	180.00%
	03 Mar 1999	£25,000	47.06%
	13 Jun 1996	£17,000	First Sale
35 OCEAN VIEW ROADSemi-Detached, FreeholdArea: 77 Sq.mtrAge: 1950-1966	07 Mar 2018	£207,500	First Sale
32 OCEAN VIEW ROADTerraced, FreeholdArea: 76 Sq.mtrAge: before 1900	26 Aug 2016	£180,000	9.09%
	07 Aug 2015	£165,000	7.84%
	29 Oct 2008	£153,000	175.68%
	22 Dec 1999	£55,500	58.57%
	26 May 1995	£35,000	First Sale
28 OCEAN VIEW ROADSemi-Detached, LeaseholdArea: 54.15 Sq.mtrAge: before 1900	20 Dec 2013	£91,500	-34.64%
	19 Mar 2008	£140,000	236.94%
	28 Sep 1999	£41,550	First Sale
30 OCEAN VIEW ROADSemi-Detached, LeaseholdArea: 65 Sq.mtrAge: 1900-1929	20 Aug 2013	£120,000	44.58%
	12 Jun 2003	£83,000	84.44%
	08 Aug 1997	£45,000	First Sale
60 OCEAN VIEW ROADSemi-Detached, FreeholdArea: 88.88 Sq.mtrAge: before 1900	03 Apr 2013	£130,000	23.81%
	20 Aug 2002	£105,000	162.50%
	03 Mar 2000	£40,000	First Sale
MYRTLE VILLA, 22 OCEAN VIEW ROADSemi-Detached, Freehold	29 Jun 2012	£177,000	First Sale
42 OCEAN VIEW ROADTerraced, FreeholdArea: 42.4 Sq.mtrAge: before 1900	15 Apr 2010	£127,000	20.95%
	01 Jun 2007	£105,000	307.77%
	22 Jul 1996	£25,750	First Sale
12, THE RAVENS OCEAN VIEW ROADTerraced, Freehold	12 Jan 2010	£112,500	First Sale
36 OCEAN VIEW ROADTerraced, FreeholdArea: 70.8 Sq.mtrAge: before 1900	20 Mar 2009	£90,000	267.35%
	15 Nov 1996	£24,500	First Sale
52 OCEAN VIEW ROADSemi-Detached, Leasehold	12 Dec 2003	£110,000	136.56%
52 OCEAN VIEW ROADSemi-Detached, Leasehold	11 Feb 1998	£46,500	First Sale
50 OCEAN VIEW ROADSemi-Detached, LeaseholdArea: 93 Sq.mtrAge: before 1900	31 Oct 2001	£68,000	First Sale
4 OCEAN VIEW ROADDetached, Freehold	27 Apr 2001	£47,000	First Sale
44 OCEAN VIEW ROADTerraced, FreeholdArea: 39.32 Sq.mtrAge: before 1900	28 May 1999	£22,000	First Sale
40 OCEAN VIEW ROADTerraced, Freehold	09 Jan 1998	£25,000	85.19%
40 OCEAN VIEW ROADTerraced, Freehold	19 Dec 1995	£13,500	First Sale

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

OCEAN VIEW ROAD, PO38 1AB Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £148,894 median price is £145,000 Standard Deviation is £90,194 with Total Sold: 431
- The Last 5 Year average price is £259,222 with Total Sold: 54
- 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 , 1 LOWTHERVILLE ROAD: £25,000 (Sold on 08 Feb 1995)
Flat
- The average price is around £153,584 median price is £146,000 Standard Deviation is £101,229 with Total Sold: 464
- The Last 5 Year average price is £228,490 with Total Sold: 54
- The most recent sale happened at this postcode is , 1 CLARENDON VILLAS: £237,000 (Sold on 17 Jul 2024)
- The first recorded sale happened at this postcode is FLAT 4, ESPLANADE HOUSE ESPLANADE ROAD: £18,000 (Sold on 13 Feb 1995)
Terraced
- The average price is around £143,210 median price is £130,000 Standard Deviation is £99,848 with Total Sold: 240
- The Last 5 Year average price is £247,589 with Total Sold: 37
- The most recent sale happened at this postcode is , 21 DOWNLANDS CRESCENT: £210,000 (Sold on 01 Mar 2024)
- The first recorded sale happened at this postcode is , 34 OCEAN VIEW ROAD: £27,000 (Sold on 09 Jan 1995)
Detached
- The average price is around £230,631 median price is £210,000 Standard Deviation is £148,936 with Total Sold: 351
- The Last 5 Year average price is £378,062 with Total Sold: 48
- The most recent sale happened at this postcode is , 22 GILLS CLIFF ROAD: £250,000 (Sold on 23 Jan 2024)
- The first recorded sale happened at this postcode is , 44 MITCHELL AVENUE: £31,000 (Sold on 28 Feb 1995)
Other
- The average price is around £386,466 median price is £245,500 Standard Deviation is £455,230 with Total Sold: 34
- The Last 5 Year average price is £553,863 with Total Sold: 13
- The most recent sale happened at this postcode is , CAXTON HOUSE OLD STATION ROAD: £590,000 (Sold on 30 Jun 2023)
- The first recorded sale happened at this postcode is , THE REX APARTMENT KINGSVIEW CHURCH STREET: £58,000 (Sold on 25 Sep 2013)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£190,000	£3,030	2
2023	£228,067	£2,711	15
2022	£276,091	£3,037	11
2021	£320,875	£2,960	16
2020	£202,600	£2,110	10
2019	£193,708	£2,119	12
2018	£190,977	£1,990	13
2017	£196,769	£2,118	13
2016	£192,297	£1,968	15
2015	£188,639	£2,203	18
2014	£169,439	£2,101	9
2013	£143,208	£1,605	12
2012	£163,479	£1,896	12
2011	£165,595	£1,558	10
2010	£209,643	£2,210	7
2009	£166,786	£1,668	7
2008	£181,654	£1,838	13
2007	£185,452	£1,842	22
2006	£188,605	£1,899	19
2005	£153,268	£1,597	19
2004	£177,832	£1,742	14
2003	£134,933	£1,436	15
2002	£103,625	£1,113	20
2001	£80,188	£804	20
2000	£69,460	£635	21
1999	£66,000	£530	20
1998	£51,072	£466	18
1997	£49,627	£480	24
1996	£43,744	£495	16
1995	£39,775	£375	8

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£384,250	£6,618	4
2023	£256,389	£3,416	9
2022	£208,614	£3,329	11
2021	£220,097	£2,826	17
2020	£189,043	£3,043	13
2019	£215,472	£2,646	18
2018	£181,529	£2,496	17
2017	£155,369	£2,369	13
2016	£199,850	£2,742	14
2015	£148,979	£2,102	24
2014	£187,064	£2,082	14
2013	£193,207	£1,726	7
2012	£205,786	£2,389	7
2011	£151,731	£2,156	13
2010	£185,994	£2,392	17
2009	£197,833	£2,478	9
2008	£176,265	£2,424	17
2007	£202,852	£2,058	21
2006	£242,045	£2,702	31
2005	£199,336	£2,331	22
2004	£167,266	£1,973	22
2003	£103,872	£1,405	16
2002	£82,560	£1,279	15
2001	£67,167	£851	20
2000	£56,971	£857	15
1999	£49,023	£674	14
1998	£48,258	£692	20
1997	£44,893	£542	14
1996	£38,197	£654	15
1995	£30,920	£434	15

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£203,750	£2,500	2
2023	£340,714	£3,281	7
2022	£253,811	£2,908	9
2021	£178,917	£2,240	12
2020	£276,714	£2,378	7
2019	£164,600	£2,314	5
2018	£165,250	£2,286	10
2017	£231,375	£2,311	8
2016	£179,000	£2,262	10
2015	£163,786	£1,810	7
2014	£136,611	£2,187	9
2013	£179,562	£2,018	8
2012	£180,975	£2,480	2
2011	£214,250	£1,944	4
2010	£137,778	£2,195	9
2009	£130,143	£1,922	7
2008	£155,250	£2,236	8
2007	£157,056	£1,908	18
2006	£170,450	£2,276	10
2005	£164,312	£1,575	8
2004	£141,400	£1,586	5
2003	£92,707	£1,569	7
2002	£79,806	£1,048	8
2001	£72,855	£827	9
2000	£73,750	£546	6
1999	£51,342	£614	13
1998	£40,544	£535	8
1997	£32,173	£342	11
1996	£25,850	£350	7
1995	£33,917	£452	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£250,000	£1,880	1
2023	£350,000	£2,921	6
2022	£419,321	£3,736	14
2021	£397,467	£3,477	15
2020	£330,375	£3,291	12
2019	£311,273	£3,000	11
2018	£299,333	£2,917	18
2017	£347,389	£2,877	9
2016	£306,222	£2,789	9
2015	£324,063	£2,411	15
2014	£238,563	£2,026	15
2013	£191,875	£1,682	4
2012	£215,900	£2,289	10
2011	£197,000	£1,591	5
2010	£346,500	£3,249	5
2009	£288,742	£2,743	6
2008	£275,120	£2,332	10
2007	£306,550	£2,232	18
2006	£274,763	£1,915	19
2005	£265,463	£2,998	15
2004	£269,042	£2,358	6
2003	£162,517	£1,493	18
2002	£149,297	£1,162	16
2001	£125,625	£789	12
2000	£109,115	£833	13
1999	£101,100	£898	15
1998	£77,542	£465	12
1997	£53,908	£577	20
1996	£68,694	£447	16
1995	£57,333	£456	6

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£279,500	£2,794	3
2022	£1,700,000		1
2021	£358,760	£5,120	5
2020	£716,980	£3,991	4
2019	£200,625		4
2018	£301,500	£3,061	8
2017	£193,864	£4,326	5
2016	£565,933		3
2013	£58,000		1

House Type in PO38 1AB area

The most common house types in the PO38 1AB 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 1AB 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