Housing Market Analysis for REW CLOSE, PO38 1BH

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

Overview of Sold House prices

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

Terraced
- The average price is around £151,800 median price is £149,500 Standard Deviation is £90,623 with Total Sold: 10
- The Last 5 Year average price is £268,333 with Total Sold: 3
- The most recent sale happened at this postcode is 10 REW CLOSE: £260,000 (Sold on 06 Dec 2023)
- The first recorded sale happened at this postcode is 10 REW CLOSE: £40,000 (Sold on 28 Jul 1995)
Semi-Detached
- The average price is around £158,663 median price is £179,950 Standard Deviation is £54,638 with Total Sold: 19
- The Last 5 Year average price is £200,000 with Total Sold: 1
- The most recent sale happened at this postcode is 15 REW CLOSE: £200,000 (Sold on 06 Apr 2021)
- The first recorded sale happened at this postcode is 16 REW CLOSE: £63,500 (Sold on 09 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1BH 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	£260,000	£2,549	1
2022	£320,000	£2,783	1
2021	£225,000	£2,206	1
2017	£173,500	£1,601	2
2003	£132,000	£1,294	1
2001	£70,000	£609	1
1999	£66,000	£641	1
1997	£58,000	£563	1
1995	£40,000	£392	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£200,000	£1,980	1
2019	£200,167	£2,232	3
2017	£195,000	£1,860	2
2013	£175,000	£1,690	1
2011	£169,950	£1,634	1
2007	£200,000	£1,989	2
2006	£187,000	£2,746	2
2004	£179,950	£1,818	2
2001	£78,000		1
2000	£71,875	£726	2
1998	£60,000	£594	1
1997	£63,500	£557	1

All the Sales in the REW CLOSE, PO38 1BH

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

Address	Sold Date	Price	% Change
10 REW CLOSETerraced, FreeholdArea: 102 Sq.mtrAge: 1950-1966	06 Dec 2023	£260,000	55.69%
	08 Dec 2017	£167,000	317.50%
	28 Jul 1995	£40,000	First Sale
9 REW CLOSETerraced, FreeholdArea: 115 Sq.mtrAge: 1976-1982	06 Dec 2022	£320,000	77.78%
	05 May 2017	£180,000	157.14%
	26 Oct 2001	£70,000	First Sale
5 REW CLOSETerraced, FreeholdArea: 102 Sq.mtrAge: 1967-1975	26 Aug 2021	£225,000	First Sale
15 REW CLOSESemi-Detached, FreeholdArea: 101 Sq.mtrAge: 1976-1982	06 Apr 2021	£200,000	5.26%
	31 Oct 2017	£190,000	5.58%
	03 Dec 2004	£179,950	151.68%
	28 Mar 2000	£71,500	19.17%
	11 Sep 1998	£60,000	First Sale
8 REW CLOSESemi-Detached, FreeholdArea: 99 Sq.mtrAge: 1976-1982	20 Sep 2019	£190,500	First Sale
16 REW CLOSESemi-Detached, FreeholdArea: 108.75 Sq.mtrAge: 1967-1975	06 Sep 2019	£205,000	2.50%
	28 Sep 2017	£200,000	214.96%
	09 Dec 1997	£63,500	First Sale
14 REW CLOSESemi-Detached, FreeholdArea: 71 Sq.mtrAge: 1976-1982	13 May 2019	£205,000	5.13%
	17 Aug 2006	£195,000	First Sale
7 REW CLOSESemi-Detached, FreeholdArea: 103.53 Sq.mtrAge: 1976-1982	07 Feb 2013	£175,000	First Sale
2 REW CLOSESemi-Detached, FreeholdArea: 104 Sq.mtrAge: 1967-1975	14 Jan 2011	£169,950	-19.07%
	01 Jun 2007	£210,000	First Sale
13 REW CLOSESemi-Detached, FreeholdArea: 97 Sq.mtrAge: 1976-1982	07 Dec 2007	£190,000	5.58%
	10 Dec 2004	£179,950	149.07%
	23 Feb 2000	£72,250	First Sale
1 REW CLOSESemi-Detached, Freehold	29 Jun 2006	£179,000	129.49%
1 REW CLOSESemi-Detached, Freehold	05 Jan 2001	£78,000	First Sale
11 REW CLOSETerraced, FreeholdArea: 102 Sq.mtrAge: 1976-1982	15 Dec 2003	£132,000	First Sale
12 REW CLOSETerraced, FreeholdArea: 103 Sq.mtrAge: 1967-1975	06 Aug 1999	£66,000	13.79%
	15 Dec 1997	£58,000	First Sale

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

REW CLOSE, PO38 1BH Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £137,159 median price is £140,000 Standard Deviation is £77,443 with Total Sold: 308
- The Last 5 Year average price is £235,426 with Total Sold: 34
- 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 , 33 ST MARGARETS GLADE: £46,000 (Sold on 03 Feb 1995)
Terraced
- The average price is around £111,170 median price is £115,500 Standard Deviation is £59,166 with Total Sold: 266
- The Last 5 Year average price is £205,438 with Total Sold: 32
- The most recent sale happened at this postcode is , 27 CHESTNUT CLOSE: £200,000 (Sold on 10 Jul 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 £213,006 median price is £195,000 Standard Deviation is £141,222 with Total Sold: 221
- The Last 5 Year average price is £387,923 with Total Sold: 26
- 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 , ST. MARTINS LODGE LOWTHERVILLE ROAD: £58,500 (Sold on 31 Mar 1995)
Flat
- The average price is around £98,801 median price is £83,500 Standard Deviation is £58,182 with Total Sold: 76
- The Last 5 Year average price is £157,400 with Total Sold: 10
- The most recent sale happened at this postcode is , 3 GILLS CLIFF ROAD: £237,500 (Sold on 17 Feb 2023)
- The first recorded sale happened at this postcode is , 42 ZIG ZAG ROAD: £25,000 (Sold on 07 Apr 1995)
Other
- The average price is around £281,760 median price is £237,500 Standard Deviation is £251,871 with Total Sold: 5
- The Last 5 Year average price is £329,267 with Total Sold: 3
- The most recent sale happened at this postcode is , 1 GILLS CLIFF ROAD: £237,500 (Sold on 17 Feb 2023)
- The first recorded sale happened at this postcode is , 55 GILLS CLIFF ROAD: £268,000 (Sold on 24 Apr 2017)

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	£194,111	£2,182	9
2022	£269,250	£3,285	4
2021	£303,750	£2,964	12
2020	£165,071	£1,782	7
2019	£185,091	£2,124	11
2018	£177,558	£1,970	12
2017	£202,000	£2,063	10
2016	£169,314	£1,958	11
2015	£185,692	£2,067	13
2014	£169,279	£1,929	7
2013	£135,917	£1,590	12
2012	£164,000	£1,724	9
2011	£149,619	£1,650	8
2010	£160,000	£2,140	1
2009	£166,786	£1,668	7
2008	£166,575	£1,916	10
2007	£178,497	£1,969	17
2006	£169,731	£1,992	13
2005	£124,345	£1,172	10
2004	£151,378	£1,780	9
2003	£124,000	£1,444	13
2002	£87,354	£1,001	14
2001	£74,183	£772	15
2000	£61,780	£726	15
1999	£47,731	£490	13
1998	£50,908	£524	13
1997	£45,250	£535	14
1996	£37,878	£563	9
1995	£39,648	£503	8

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£210,625	£3,510	4
2023	£201,000	£2,961	5
2022	£243,500	£3,273	9
2021	£184,000	£2,593	10
2020	£173,750	£2,185	4
2019	£149,600	£2,503	5
2018	£163,143	£2,564	7
2017	£160,800	£1,943	5
2016	£153,333	£1,990	9
2015	£144,500	£1,953	6
2014	£113,036	£1,899	7
2013	£143,167	£2,076	6
2012	£124,333	£1,915	3
2011	£124,000	£2,111	4
2010	£132,812	£1,913	8
2009	£119,875	£1,527	4
2008	£137,582	£2,278	6
2007	£148,361	£2,082	18
2006	£139,645	£2,014	10
2005	£115,567	£1,767	12
2004	£111,495	£1,837	10
2003	£108,909	£1,660	11
2002	£86,079	£1,189	12
2001	£66,709	£942	15
2000	£56,828	£924	18
1999	£47,138	£691	20
1998	£40,988	£553	8
1997	£38,354	£520	14
1996	£34,748	£508	11
1995	£31,300	£471	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£250,000	£1,880	1
2023	£260,000	£2,842	3
2022	£451,864	£3,869	11
2021	£447,500	£3,027	6
2020	£280,100	£2,185	5
2019	£289,143	£3,148	7
2018	£332,000	£3,292	8
2017	£315,929	£2,638	7
2016	£252,900	£1,688	5
2015	£273,895	£2,682	10
2014	£189,883	£1,769	9
2013	£192,500	£2,003	2
2012	£208,286	£2,208	7
2011	£186,250	£1,455	4
2010	£346,500	£3,249	5
2009	£313,112	£3,339	4
2008	£275,120	£2,332	10
2007	£270,662	£2,188	12
2006	£234,227	£2,168	11
2005	£238,357	£1,870	7
2004	£207,667	£2,358	3
2003	£162,057	£1,469	14
2002	£126,917	£1,196	9
2001	£104,750	£789	10
2000	£101,227	£840	11
1999	£90,100	£837	10
1998	£56,571	£412	7
1997	£47,019	£573	13
1996	£44,714	£517	7
1995	£50,333	£496	3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£237,500	£3,084	1
2022	£165,000	£2,627	3
2021	£189,000	£3,000	1
2020	£130,500	£2,421	5
2019	£160,000	£2,319	1
2018	£127,875	£1,600	4
2017	£119,100	£1,960	3
2016	£170,967	£2,550	3
2015	£79,500	£1,567	2
2014	£70,000	£1,397	1
2013	£150,000	£2,273	1
2012	£155,000	£2,541	1
2011	£105,833	£1,880	3
2009	£148,167	£2,484	3
2008	£195,000	£2,289	2
2006	£172,500	£2,566	2
2004	£122,225	£1,934	4
2003	£91,750	£1,546	6
2001	£58,817	£893	9
2000	£52,475	£827	2
1999	£34,375	£599	4
1998	£28,000	£546	2
1997	£41,750	£622	4
1996	£38,290	£499	5
1995	£34,125	£491	4

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£237,500	£2,794	1
2021	£375,150	£5,319	2
2018	£153,000		1
2017	£268,000	£3,080	1

House Type in PO38 1BH area

The most common house types in the PO38 1BH postcode area are Semi-detached (52), Terraced (45), and Detached (31).

Total	135
Semi-detached	52
Terraced	45
Detached	31
Flat	4
Shared house	3
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (61), and Owned: Owns with a mortgage or loan (31).

Owned: Owns outright	61
Owned: Owns with a mortgage or loan	31
Private rented: Private landlord or letting agency	23
Social rented: Other social rented	15
Social rented: Rents from council or Local Authority	3
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the PO38 1BH have 2 people in household (58), and 1 person in household (42).

2 people in household	58
1 person in household	42
4 people in household	18
3 people in household	12
5 people in household	3
6 people in household	1
7 people in household	1
0 people in household	0
8 or more people in household	0