Housing Market Analysis for WHEELERS BAY, PO38 1HP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £225,000 median price is £215,000 Standard Deviation is £75,000 with Total Sold: 4
    • The most recent sale happened at this postcode is BAY COTTAGE WHEELERS BAY: £330,000 (Sold on 16 Jan 2012)
    • The first recorded sale happened at this postcode is CLIFF COTTAGE WHEELERS BAY: £170,000 (Sold on 11 Oct 2004)
  • Detached
    • The average price is around £288,750 median price is £288,750 Standard Deviation is £138,750 with Total Sold: 2
    • The most recent sale happened at this postcode is SEAGATE COTTAGE WHEELERS BAY: £427,500 (Sold on 26 Jan 2007)
    • The first recorded sale happened at this postcode is SEAGATE COTTAGE WHEELERS BAY: £150,000 (Sold on 19 Dec 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1HP 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2012£330,000 £3,802 1
2009£260,000 £2,995 1
2007£140,0001
2004£170,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2007£427,5001
1997£150,0001

All the Sales in the WHEELERS BAY, PO38 1HP

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

AddressSold DatePrice% Change
BAY COTTAGE WHEELERS BAYSemi-Detached, FreeholdArea: 86.8 Sq.mtrAge: before 190016 Jan 2012£330,00026.92%
11 Mar 2009£260,000First Sale
SEAGATE COTTAGE WHEELERS BAYDetached, Freehold26 Jan 2007£427,500185.00%
19 Dec 1997£150,000First Sale
SEAGATE LODGE WHEELERS BAYSemi-Detached, Freehold26 Jan 2007£140,000First Sale
CLIFF COTTAGE WHEELERS BAYSemi-Detached, Freehold11 Oct 2004£170,000First Sale

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

WHEELERS BAY, PO38 1HP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £127,023 median price is £120,000 Standard Deviation is £83,588 with Total Sold: 539
    • The Last 5 Year average price is £223,278 with Total Sold: 56
    • The most recent sale happened at this postcode is , 8 ST CATHERINES VIEW: £214,950 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 PIER STREET: £37,000 (Sold on 13 Feb 1995)
  • Flat
    • The average price is around £97,707 median price is £85,000 Standard Deviation is £64,136 with Total Sold: 975
    • The Last 5 Year average price is £167,031 with Total Sold: 122
    • 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 , 149A HIGH STREET: £43,000 (Sold on 03 Jan 1995)
  • Semi-Detached
    • The average price is around £159,970 median price is £140,000 Standard Deviation is £109,744 with Total Sold: 315
    • The Last 5 Year average price is £309,661 with Total Sold: 37
    • The most recent sale happened at this postcode is , 8 ALTOFTS GARDENS: £485,000 (Sold on 24 Jun 2024)
    • The first recorded sale happened at this postcode is , 46 ALBERT STREET: £17,000 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £262,612 median price is £223,000 Standard Deviation is £192,135 with Total Sold: 193
    • The Last 5 Year average price is £535,447 with Total Sold: 19
    • The most recent sale happened at this postcode is , 22 MADEIRA ROAD: £505,000 (Sold on 13 Jun 2024)
    • The first recorded sale happened at this postcode is , 27 MADEIRA ROAD: £22,000 (Sold on 10 Mar 1995)
  • Other
    • The average price is around £257,695 median price is £167,500 Standard Deviation is £327,730 with Total Sold: 57
    • The Last 5 Year average price is £291,833 with Total Sold: 30
    • 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 , 12 - 20 ALBERT STREET: £240,000 (Sold on 01 Apr 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£201,862 £2,548 4
2023£238,545 £3,208 11
2022£229,055 £3,397 9
2021£210,588 £2,845 17
2020£228,708 £2,131 15
2019£170,278 £2,026 9
2018£224,500 £1,979 13
2017£161,417 £2,316 18
2016£159,139 £2,003 18
2015£163,635 £1,973 17
2014£160,533 £1,866 23
2013£145,179 £2,015 18
2012£157,735 £1,771 13
2011£169,462 £1,974 13
2010£147,802 £1,787 16
2009£158,611 £2,279 9
2008£157,921 £1,673 16
2007£153,958 £1,896 26
2006£151,461 £1,582 19
2005£142,746 £1,763 13
2004£131,775 £1,451 18
2003£123,284 £1,205 25
2002£114,385 £1,050 24
2001£73,318 £819 26
2000£66,542 £860 30
1999£50,319 £640 36
1998£41,783 £546 27
1997£38,237 £486 23
1996£39,295 £388 20
1995£49,077 £507 13
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£192,250 £2,460 6
2023£165,312 £2,483 16
2022£164,973 £2,327 39
2021£178,624 £2,484 36
2020£148,596 £2,163 25
2019£136,750 £2,014 28
2018£118,000 £1,884 23
2017£141,602 £2,135 27
2016£142,450 £2,073 31
2015£111,795 £1,748 43
2014£123,598 £1,902 24
2013£113,134 £1,629 22
2012£104,689 £1,633 22
2011£118,420 £1,699 25
2010£126,794 £1,815 17
2009£113,818 £1,737 11
2008£125,969 £2,026 29
2007£118,815 £2,053 51
2006£113,554 £1,905 44
2005£101,461 £1,708 45
2004£93,775 £1,621 53
2003£72,838 £1,153 40
2002£65,636 £931 54
2001£55,478 £764 49
2000£43,234 £593 56
1999£41,420 £554 41
1998£32,137 £518 47
1997£31,925 £353 26
1996£28,805 £377 31
1995£28,300 £340 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,0001
2023£308,500 £3,225 6
2022£358,000 £3,031 5
2021£325,533 £2,440 15
2020£244,845 £2,172 10
2019£180,000 £2,145 13
2018£202,286 £1,847 7
2017£209,091 £2,075 11
2016£145,845 £1,698 11
2015£189,100 £1,978 10
2014£195,896 £1,870 12
2013£149,286 £1,408 7
2012£249,000 £2,239 6
2011£198,306 £1,857 8
2010£155,231 £1,652 13
2009£178,333 £1,944 12
2008£181,350 £1,679 7
2007£188,733 £1,904 15
2006£215,125 £1,819 12
2005£170,056 £1,600 9
2004£158,882 £1,365 14
2003£122,318 £1,559 11
2002£116,434 £958 19
2001£79,667 £766 12
2000£77,706 £720 17
1999£66,200 £691 11
1998£56,000 £526 13
1997£39,734 £420 17
1996£25,929 £315 7
1995£40,750 £390 4
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,000 £1,686 2
2023£633,750 £3,571 4
2022£571,667 £3,552 3
2021£605,083 £2,743 6
2020£410,750 £2,269 4
2019£464,400 £3,055 5
2018£412,500 £2,842 4
2017£352,500 £2,482 2
2016£371,667 £2,636 9
2015£231,600 £2,457 5
2014£272,917 £2,676 6
2013£335,427 £2,028 6
2012£401,000 £1,738 5
2011£290,000 £2,716 3
2010£366,825 £2,751 6
2009£200,000 £1,439 1
2008£302,9884
2007£283,060 £2,005 15
2006£303,450 £2,107 10
2005£278,500 £1,996 4
2004£246,550 £1,895 8
2003£249,636 £1,392 11
2002£199,200 £1,264 5
2001£172,850 £1,026 10
2000£149,455 £862 11
1999£119,677 £693 11
1998£87,878 £541 9
1997£79,538 £1,074 12
1996£68,500 £698 5
1995£43,857 £296 7
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,0001
2023£208,000 £1,960 7
2022£275,800 £3,747 5
2021£350,500 £40 11
2020£312,250 £17 6
2019£140,800 £1,771 5
2018£88,200 £2,563 5
2017£180,543 £2,408 7
2016£142,635 £2,054 6
2015£79,0001
2014£863,333 £13,313 3

House Type in PO38 1HP area

The most common house types in the PO38 1HP postcode area are Terraced (36), Semi-detached (28), and Flat (27).

Total109
Terraced36
Semi-detached28
Flat27
Shared house11
Detached4
converted building1
commercial building1
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (55), and Private rented: Private landlord or letting agency (22).

Owned: Owns outright55
Private rented: Private landlord or letting agency22
Social rented: Other social rented16
Owned: Owns with a mortgage or loan15
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the PO38 1HP have 1 person in household (49), and 2 people in household (38).

1 person in household49
2 people in household38
3 people in household12
4 people in household5
5 people in household2
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0