Housing Market Analysis for MADEIRA ROAD, PO38 1HW

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £136,500 median price is £165,000 Standard Deviation is £65,220 with Total Sold: 5
    • The most recent sale happened at this postcode is 28B MADEIRA ROAD: £220,000 (Sold on 03 Mar 2017)
    • The first recorded sale happened at this postcode is 28D MADEIRA ROAD: £53,000 (Sold on 11 Feb 2000)
  • Detached
    • The average price is around £217,500 median price is £217,500 Standard Deviation is £192,500 with Total Sold: 2
    • The most recent sale happened at this postcode is SERENE VIEW, 34 MADEIRA ROAD: £410,000 (Sold on 29 Nov 2013)
    • The first recorded sale happened at this postcode is 30 MADEIRA ROAD: £25,000 (Sold on 02 May 1997)
  • Semi-Detached
    • The average price is around £59,717 median price is £35,650 Standard Deviation is £49,746 with Total Sold: 3
    • The most recent sale happened at this postcode is 28A MADEIRA ROAD: £129,000 (Sold on 11 Jul 2008)
    • The first recorded sale happened at this postcode is 28A MADEIRA ROAD: £14,500 (Sold on 15 Apr 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1HW 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£220,000 £1,084 1
2013£165,000 £1,772 1
2007£177,500 £1,757 1
2000£60,000 £616 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£410,0001
1997£25,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2008£129,000 £2,688 1
1997£35,650 £743 1
1996£14,500 £302 1

All the Sales in the MADEIRA ROAD, PO38 1HW

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

AddressSold DatePrice% Change
28B MADEIRA ROADFlat, LeaseholdArea: 203 Sq.mtrAge: 1930-194903 Mar 2017£220,000First Sale
SERENE VIEW, 34 MADEIRA ROADDetached, Freehold29 Nov 2013£410,000First Sale
28D MADEIRA ROADFlat, LeaseholdArea: 93.1 Sq.mtrAge: before 190022 Nov 2013£165,000211.32%
11 Feb 2000£53,000First Sale
28A MADEIRA ROADSemi-Detached, FreeholdArea: 48 Sq.mtrAge: 1996-200211 Jul 2008£129,000261.85%
29 Sep 1997£35,650145.86%
15 Apr 1996£14,500First Sale
28C MADEIRA ROADFlat, LeaseholdArea: 101 Sq.mtrAge: 1930-194911 May 2007£177,500164.93%
12 May 2000£67,000First Sale
30 MADEIRA ROADDetached, Freehold02 May 1997£25,000First Sale

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

MADEIRA ROAD, PO38 1HW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £128,044 median price is £120,000 Standard Deviation is £84,706 with Total Sold: 505
    • The Last 5 Year average price is £224,788 with Total Sold: 54
    • 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 , 56 ST CATHERINE STREET: £36,000 (Sold on 09 Jun 1995)
  • Flat
    • The average price is around £99,063 median price is £87,000 Standard Deviation is £64,352 with Total Sold: 946
    • The Last 5 Year average price is £167,965 with Total Sold: 121
    • 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 £159,346 median price is £138,750 Standard Deviation is £111,032 with Total Sold: 300
    • The Last 5 Year average price is £314,013 with Total Sold: 34
    • 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 £264,077 median price is £223,000 Standard Deviation is £192,906 with Total Sold: 189
    • 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 £278,151 median price is £168,000 Standard Deviation is £353,151 with Total Sold: 47
    • The Last 5 Year average price is £317,792 with Total Sold: 24
    • 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£217,483 £2,548 3
2023£238,545 £3,208 11
2022£229,055 £3,397 9
2021£210,588 £2,845 17
2020£230,045 £2,055 14
2019£167,188 £2,108 8
2018£226,542 £1,936 12
2017£163,094 £2,316 16
2016£156,735 £1,943 17
2015£163,635 £1,973 17
2014£164,580 £1,866 22
2013£142,601 £1,977 17
2012£157,735 £1,771 13
2011£169,462 £1,974 13
2010£150,322 £1,787 15
2009£154,188 £2,168 8
2008£157,921 £1,673 16
2007£149,257 £1,906 23
2006£155,368 £1,582 17
2005£144,225 £1,763 12
2004£131,775 £1,451 18
2003£126,377 £1,216 22
2002£123,938 £1,060 20
2001£73,971 £848 25
2000£66,634 £886 28
1999£50,200 £633 35
1998£41,328 £528 25
1997£37,640 £486 21
1996£40,311 £388 19
1995£50,083 £507 12
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£182,184 £2,484 35
2020£148,596 £2,163 25
2019£139,130 £2,014 27
2018£115,409 £1,920 22
2017£141,602 £2,135 27
2016£142,450 £2,073 31
2015£113,195 £1,748 42
2014£123,598 £1,902 24
2013£115,712 £1,629 21
2012£104,689 £1,633 22
2011£123,413 £1,701 23
2010£126,794 £1,815 17
2009£113,818 £1,737 11
2008£125,969 £2,026 29
2007£118,992 £2,053 50
2006£113,554 £1,905 44
2005£100,812 £1,732 44
2004£95,502 £1,636 51
2003£72,838 £1,153 40
2002£65,122 £939 52
2001£56,030 £769 48
2000£43,081 £607 51
1999£41,955 £558 40
1998£32,600 £518 42
1997£31,925 £353 26
1996£28,855 £373 28
1995£29,092 £340 13
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,0001
2023£307,500 £3,177 4
2022£358,000 £3,031 5
2021£337,357 £2,509 14
2020£244,845 £2,172 10
2019£180,000 £2,145 13
2018£202,286 £1,847 7
2017£214,000 £2,110 10
2016£137,930 £1,731 10
2015£186,000 £1,941 9
2014£195,896 £1,870 12
2013£149,286 £1,408 7
2012£264,200 £2,339 5
2011£193,779 £1,942 7
2010£151,500 £1,652 12
2009£178,333 £1,944 12
2008£192,242 £1,827 6
2007£188,214 £1,904 14
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£79,000 £766 11
2000£76,750 £731 16
1999£66,200 £691 11
1998£55,917 £526 12
1997£38,967 £428 16
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£262,500 £2,837 5
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£300,500 £2,159 9
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£83,600 £1,207 10
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£500,417 £13 6
2020£319,700 £17 5
2019£155,375 £1,771 4
2018£104,000 £2,563 4
2017£180,543 £2,408 7
2016£118,953 £2,054 4
2015£79,0001
2014£863,333 £13,313 3

House Type in PO38 1HW area

The most common house types in the PO38 1HW postcode area are Shared house (50), Flat (29), and Detached (22).

Total142
Shared house50
Flat29
Detached22
Semi-detached20
converted building16
Terraced5
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Private rented: Private landlord or letting agency (35).

Owned: Owns outright74
Private rented: Private landlord or letting agency35
Owned: Owns with a mortgage or loan25
Social rented: Other social rented4
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the PO38 1HW have 1 person in household (72), and 2 people in household (54).

1 person in household72
2 people in household54
4 people in household6
3 people in household5
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0