Housing Market Analysis for MARINE PARADE, PO38 1JN

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £171,144 median price is £175,000 Standard Deviation is £88,098 with Total Sold: 17
    • The Last 5 Year average price is £252,500 with Total Sold: 4
    • The most recent sale happened at this postcode is FLAT 1, 1 MARINE PARADE: £370,000 (Sold on 17 Mar 2023)
    • The first recorded sale happened at this postcode is FLAT 3, 3 MARINE PARADE: £24,450 (Sold on 23 Nov 1995)
  • Terraced
    • The average price is around £218,480 median price is £210,000 Standard Deviation is £155,614 with Total Sold: 5
    • The most recent sale happened at this postcode is TOP FLAT, 2 MARINE PARADE: £500,000 (Sold on 12 Jan 2011)
    • The first recorded sale happened at this postcode is 5 MARINE PARADE: £52,400 (Sold on 16 Jul 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1JN 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
2023£305,000 £4,473 2
2020£200,000 £3,211 2
2019£287,500 £2,712 1
2018£177,500 £4,065 3
2016£128,000 £3,149 1
2014£199,000 £2,044 2
2006£187,0001
2003£170,0001
2002£40,0001
2001£66,0002
1995£24,4501
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2011£500,0001
2010£210,000 £2,349 1
2007£230,000 £2,054 1
2006£100,000 £2,762 1
1999£52,400 £586 1

All the Sales in the MARINE PARADE, PO38 1JN

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

AddressSold DatePrice% Change
FLAT 1, 1 MARINE PARADEFlat, LeaseholdArea: 106 Sq.mtrAge: before 190017 Mar 2023£370,00028.70%
03 May 2019£287,50017.35%
30 Jul 2014£245,00044.12%
21 May 2003£170,000First Sale
APARTMENT 2, KAIA, 5 MARINE PARADEFlat, LeaseholdArea: 44 Sq.mtr15 Feb 2023£240,00050.00%
09 Oct 2020£160,000First Sale
FLAT 3, 3 MARINE PARADEFlat, LeaseholdArea: 86.13 Sq.mtrAge: before 190002 Oct 2020£240,00056.86%
23 Jun 2014£153,000-18.18%
28 Nov 2006£187,000133.75%
08 Mar 2001£80,000227.20%
23 Nov 1995£24,450First Sale
APARTMENT 1, KAIA, 5 MARINE PARADEFlat, LeaseholdArea: 43 Sq.mtrAge: INVALID!28 Sep 2018£175,000First Sale
APARTMENT 4, KAIA, 5 MARINE PARADEFlat, LeaseholdArea: 44 Sq.mtr06 Jul 2018£177,500First Sale
APARTMENT 3, KAIA, 5 MARINE PARADEFlat, LeaseholdArea: 44 Sq.mtr13 Apr 2018£180,000First Sale
FLAT 2, 3 MARINE PARADEFlat, LeaseholdArea: 40.65 Sq.mtrAge: before 190029 Mar 2016£128,000220.00%
21 Oct 2002£40,000-23.08%
28 Nov 2001£52,000First Sale
TOP FLAT, 2 MARINE PARADETerraced, Freehold12 Jan 2011£500,000First Sale
5 MARINE PARADETerraced, FreeholdArea: 89.4 Sq.mtrAge: 1900-192908 Jan 2010£210,000300.76%
16 Jul 1999£52,400First Sale
6 MARINE PARADETerraced, FreeholdArea: 112 Sq.mtrAge: 1976-198215 Aug 2007£230,000First Sale
THE LODGE MARINE PARADETerraced, FreeholdArea: 36.21 Sq.mtrAge: before 190025 Aug 2006£100,000First Sale

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

MARINE PARADE, PO38 1JN Near By properties

Interactive Map

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

  • Flat
    • The average price is around £123,784 median price is £110,000 Standard Deviation is £89,024 with Total Sold: 1,018
    • The Last 5 Year average price is £198,577 with Total Sold: 112
    • 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 £157,735 median price is £145,500 Standard Deviation is £99,189 with Total Sold: 324
    • The Last 5 Year average price is £274,780 with Total Sold: 48
    • 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 £139,006 median price is £125,000 Standard Deviation is £96,548 with Total Sold: 454
    • 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 £250,934 median price is £225,000 Standard Deviation is £191,164 with Total Sold: 287
    • 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£200,000 £2,925 19
2022£185,630 £2,851 32
2021£204,588 £2,773 36
2020£174,332 £2,736 19
2019£169,053 £2,399 38
2018£148,919 £2,145 31
2017£144,352 £2,163 29
2016£162,698 £2,413 32
2015£122,927 £1,921 52
2014£153,689 £2,072 33
2013£144,369 £1,809 16
2012£135,758 £2,044 18
2011£125,690 £2,015 21
2010£166,099 £2,394 33
2009£175,619 £2,742 21
2008£142,784 £2,139 31
2007£155,124 £2,271 59
2006£181,192 £2,164 60
2005£140,429 £1,778 52
2004£120,269 £1,945 60
2003£89,395 £1,524 34
2002£72,612 £1,084 39
2001£56,761 £806 47
2000£45,083 £661 51
1999£42,090 £653 23
1998£40,165 £612 44
1997£41,337 £478 27
1996£30,856 £502 35
1995£28,715 £433 20
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,0001
2023£239,818 £3,075 11
2022£307,000 £3,039 10
2021£300,500 £2,810 15
2020£226,268 £2,194 11
2019£175,944 £2,215 9
2018£194,333 £2,079 9
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£221,238 £1,639 4
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£122,591 £1,534 11
2002£116,750 £1,220 16
2001£81,786 £840 14
2000£73,809 £688 16
1999£73,846 £640 13
1998£55,300 £444 10
1997£51,290 £487 22
1996£44,246 £437 12
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£120,452 £1,385 20
2002£112,607 £1,152 21
2001£70,886 £848 18
2000£69,053 £797 19
1999£50,791 £685 23
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£254,445 £2,187 10
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£283,200 £2,104 5
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£127,111 £1,037 9
2000£128,222 £702 9
1999£115,545 £896 11
1998£80,000 £507 10
1997£69,600 £930 14
1996£74,973 £522 15
1995£49,214 £414 7

House Type in PO38 1JN area

The most common house types in the PO38 1JN postcode area are Detached (72), Flat (20), and Shared house (18).

Total119
Detached72
Flat20
Shared house18
Semi-detached3
converted building3
commercial building2
Terraced1
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (71), and Private rented: Private landlord or letting agency (26).

Owned: Owns outright71
Private rented: Private landlord or letting agency26
Owned: Owns with a mortgage or loan17
Social rented: Other social rented2
Private rented: Other private rented2
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 1JN have 2 people in household (47), and 1 person in household (43).

2 people in household47
1 person in household43
3 people in household18
4 people in household6
6 people in household3
5 people in household1
8 or more people in household1
0 people in household0
7 people in household0