Housing Market Analysis for ESPLANADE ROAD, PO38 1JL

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £275,000 median price is £275,000 Standard Deviation is £30,000 with Total Sold: 2
    • The Last 5 Year average price is £305,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MARYMOUNT ESPLANADE ROAD: £305,000 (Sold on 14 Jun 2021)
    • The first recorded sale happened at this postcode is SEAVIEW ESPLANADE ROAD: £245,000 (Sold on 30 Apr 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1JL 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£305,000 £3,112 1
2008£245,0001

All the Sales in the ESPLANADE ROAD, PO38 1JL

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

AddressSold DatePrice% Change
MARYMOUNT ESPLANADE ROADTerraced, FreeholdArea: 98 Sq.mtrAge: 1950-196614 Jun 2021£305,000First Sale
SEAVIEW ESPLANADE ROADTerraced, Freehold30 Apr 2008£245,000First Sale

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

ESPLANADE ROAD, PO38 1JL Near By properties

Interactive Map

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

  • Flat
    • The average price is around £126,049 median price is £115,000 Standard Deviation is £90,047 with Total Sold: 974
    • The Last 5 Year average price is £202,156 with Total Sold: 107
    • 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)
  • Semi-Detached
    • The average price is around £156,135 median price is £145,000 Standard Deviation is £98,715 with Total Sold: 334
    • The Last 5 Year average price is £273,662 with Total Sold: 49
    • 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)
  • Terraced
    • The average price is around £139,478 median price is £125,000 Standard Deviation is £96,681 with Total Sold: 451
    • The Last 5 Year average price is £247,930 with Total Sold: 54
    • 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 £303,456 median price is £201,500 Standard Deviation is £380,765 with Total Sold: 60
    • The Last 5 Year average price is £389,451 with Total Sold: 28
    • 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 £250,169 median price is £224,000 Standard Deviation is £190,418 with Total Sold: 290
    • The Last 5 Year average price is £440,875 with Total Sold: 40
    • 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: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£303,833 £4,493 6
2023£205,000 £2,946 18
2022£189,840 £2,910 30
2021£209,122 £2,796 34
2020£174,332 £2,736 19
2019£169,973 £2,407 37
2018£152,217 £2,145 30
2017£147,721 £2,163 28
2016£169,380 £2,413 30
2015£123,769 £1,921 51
2014£158,123 £2,072 31
2013£145,660 £1,791 15
2012£147,977 £2,078 15
2011£129,842 £2,099 19
2010£169,759 £2,404 32
2009£175,619 £2,742 21
2008£145,977 £2,212 30
2007£160,356 £2,322 55
2006£182,916 £2,181 59
2005£155,193 £1,941 43
2004£120,269 £1,945 60
2003£89,395 £1,524 34
2002£72,612 £1,084 39
2001£56,517 £795 46
2000£44,838 £649 48
1999£42,090 £653 23
1998£40,401 £620 43
1997£41,337 £478 27
1996£30,936 £502 32
1995£28,779 £424 19
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,0001
2023£239,818 £3,075 11
2022£299,091 £3,031 11
2021£300,500 £2,810 15
2020£226,268 £2,194 11
2019£175,944 £2,215 9
2018£193,900 £2,034 10
2017£192,111 £1,961 9
2016£193,495 £1,816 11
2015£191,500 £2,294 11
2014£157,679 £2,233 7
2013£148,111 £1,802 9
2012£173,964 £1,958 7
2011£211,190 £1,604 5
2010£214,286 £2,007 7
2009£171,333 £2,337 6
2008£180,900 £1,961 10
2007£189,971 £1,928 17
2006£199,567 £1,913 15
2005£167,011 £1,998 14
2004£188,771 £1,393 12
2003£121,125 £1,534 12
2002£116,750 £1,220 16
2001£81,812 £817 16
2000£73,350 £704 17
1999£72,143 £640 14
1998£55,300 £444 10
1997£51,016 £480 23
1996£43,304 £437 13
1995£40,500 £382 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£212,500 £1,875 2
2023£294,500 £3,453 10
2022£243,138 £3,283 13
2021£188,618 £2,606 17
2020£304,243 £2,464 12
2019£180,056 £2,202 9
2018£186,682 £2,319 11
2017£180,229 £2,590 19
2016£169,105 £2,133 19
2015£166,038 £1,990 13
2014£173,737 £2,116 19
2013£154,354 £1,947 14
2012£179,800 £1,960 10
2011£179,269 £2,462 13
2010£141,797 £2,183 15
2009£141,000 £1,894 11
2008£168,346 £2,329 13
2007£151,623 £1,749 24
2006£163,700 £2,006 20
2005£151,375 £1,852 12
2004£152,308 £1,552 13
2003£121,792 £1,372 19
2002£112,607 £1,152 21
2001£71,379 £833 17
2000£69,053 £797 19
1999£50,975 £682 22
1998£44,685 £598 17
1997£34,680 £390 23
1996£31,182 £344 11
1995£50,308 £507 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,0001
2023£301,5006
2022£921,000 £2,254 2
2021£243,018 £2,494 11
2020£548,677 £2,004 8
2019£187,3005
2018£305,875 £3,121 8
2017£135,496 £3,683 9
2016£331,829 £2,054 7
2015£79,0001
2014£240,0001
2013£58,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£664,667 £3,220 6
2022£436,312 £4,020 8
2021£446,214 £3,694 14
2020£325,792 £3,341 12
2019£410,000 £2,992 6
2018£311,375 £2,662 16
2017£332,300 £3,087 5
2016£304,591 £2,704 11
2015£316,357 £2,307 14
2014£248,132 £2,187 11
2013£203,500 £2,085 5
2012£234,150 £2,497 10
2011£276,200 £2,054 5
2010£388,125 £3,892 4
2009£288,125 £2,440 4
2008£276,833 £2,095 6
2007£296,744 £2,264 16
2006£291,735 £2,074 17
2005£270,954 £3,506 12
2004£278,208 £2,358 6
2003£181,423 £1,339 13
2002£176,577 £1,302 13
2001£123,182 £935 11
2000£128,222 £702 9
1999£115,545 £896 11
1998£80,000 £507 10
1997£66,492 £742 13
1996£74,973 £522 15
1995£49,214 £414 7

House Type in PO38 1JL area

The most common house types in the PO38 1JL postcode area are Detached (26), Semi-detached (23), and Flat (23).

Total105
Detached26
Semi-detached23
Flat23
Shared house18
converted building9
Terraced6
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (60), and Private rented: Private landlord or letting agency (22).

Owned: Owns outright60
Private rented: Private landlord or letting agency22
Owned: Owns with a mortgage or loan17
Private rented: Other private rented4
Social rented: Other social rented1
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 1JL have 1 person in household (51), and 2 people in household (32).

1 person in household51
2 people in household32
3 people in household10
4 people in household6
5 people in household4
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0