Housing Market Analysis for ALMA ROAD, PO38 1JU

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

Overview of Sold House prices

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

Flat
- The average price is around £86,068 median price is £67,000 Standard Deviation is £45,546 with Total Sold: 18
- The Last 5 Year average price is £148,605 with Total Sold: 3
- The most recent sale happened at this postcode is FLAT 4, SILVERMERE COURT ALMA ROAD: £120,750 (Sold on 22 Apr 2022)
- The first recorded sale happened at this postcode is FLAT 5, SILVERMERE COURT ALMA ROAD: £65,000 (Sold on 09 Mar 1998)
Other
- The average price is around £402,500 median price is £402,500 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £402,500 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 5, SILVERMERE COURT ALMA ROAD: £402,500 (Sold on 19 Apr 2021)
- The first recorded sale happened at this postcode is FLAT 5, SILVERMERE COURT ALMA ROAD: £402,500 (Sold on 19 Apr 2021)
Detached
- The average price is around £162,000 median price is £125,000 Standard Deviation is £125,637 with Total Sold: 3
- The most recent sale happened at this postcode is ALMA HOUSE ALMA ROAD: £331,000 (Sold on 29 Jun 2006)
- The first recorded sale happened at this postcode is STUDIO FLAT, MELBOURNE LODGE ALMA ROAD: £30,000 (Sold on 11 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1JU 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£120,750	£1,438	1
2021	£200,000	£1,626	1
2020	£125,065	£3,380	1
2015	£43,000		1
2013	£125,000	£2,546	1
2011	£145,000	£1,773	1
2010	£125,000	£2,546	1
2008	£95,000	£1,161	1
2003	£65,500	£821	3
2002	£49,950	£1,350	1
2001	£33,000	£702	1
2000	£55,000	£1,120	1
1999	£55,500	£685	2
1998	£62,475	£795	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£402,500	£4,921	1

House Type: Detached

Year	Avg. Price	Sold
2006	£331,000	1
2001	£125,000	1
1996	£30,000	1

All the Sales in the ALMA ROAD, PO38 1JU

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

Address	Sold Date	Price	% Change
FLAT 4, SILVERMERE COURT ALMA ROADFlat, LeaseholdArea: 84 Sq.mtrAge: 1900-1929	22 Apr 2022	£120,750	75.00%
	10 Dec 2003	£69,000	First Sale
FLAT 2, THE PELHAM ALMA ROADFlat, LeaseholdArea: 123 Sq.mtrAge: 1930-1949	27 Apr 2021	£200,000	First Sale
FLAT 5, SILVERMERE COURT ALMA ROADOther, LeaseholdArea: 81.8 Sq.mtrAge: before 1900	19 Apr 2021	£402,500	177.59%
	24 Jun 2011	£145,000	52.63%
	10 Oct 2008	£95,000	69.64%
	17 Sep 1999	£56,000	-13.85%
	09 Mar 1998	£65,000	First Sale
FLAT 2, MELBOURNE ALMA ROADFlat, LeaseholdArea: 37 Sq.mtrAge: before 1900	24 Apr 2020	£125,065	150.38%
	24 Apr 2002	£49,950	First Sale
STUDIO FLAT, MELBOURNE LODGE ALMA ROADFlat, Leasehold	12 May 2015	£43,000	115.00%
	10 Dec 2003	£20,000	-33.33%
	11 Nov 1996	£30,000	First Sale
FLAT 2, SILVERMERE COURT ALMA ROADFlat, LeaseholdArea: 49.1 Sq.mtrAge: 1900-1929	22 Nov 2013	£125,000	0.0
	18 May 2010	£125,000	127.27%
	10 May 2000	£55,000	First Sale
ALMA HOUSE ALMA ROADDetached, Freehold	29 Jun 2006	£331,000	First Sale
FLAT 3, MELBOURNE ALMA ROADFlat, Leasehold	28 May 2003	£107,500	95.45%
	28 Oct 1999	£55,000	-8.26%
	12 Mar 1998	£59,950	First Sale
FLAT 3, SILVERMERE COURT ALMA ROADFlat, LeaseholdArea: 47 Sq.mtrAge: before 1900	25 Sep 2001	£33,000	First Sale
STELLA MARIS ALMA ROADDetached, Freehold	02 Aug 2001	£125,000	First Sale

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

ALMA ROAD, PO38 1JU Near By properties

Interactive Map

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

Flat
- The average price is around £127,325 median price is £115,500 Standard Deviation is £90,344 with Total Sold: 958
- The Last 5 Year average price is £203,656 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 £161,048 median price is £147,500 Standard Deviation is £102,159 with Total Sold: 303
- The Last 5 Year average price is £280,943 with Total Sold: 44
- 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 £139,449 median price is £122,750 Standard Deviation is £98,957 with Total Sold: 422
- The Last 5 Year average price is £252,024 with Total Sold: 51
- 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)
Detached
- The average price is around £247,587 median price is £225,000 Standard Deviation is £185,488 with Total Sold: 318
- The Last 5 Year average price is £422,609 with Total Sold: 46
- 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 , 44 MITCHELL AVENUE: £31,000 (Sold on 28 Feb 1995)
Other
- The average price is around £309,595 median price is £216,000 Standard Deviation is £378,885 with Total Sold: 62
- The Last 5 Year average price is £396,404 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 , THE REX APARTMENT KINGSVIEW CHURCH STREET: £58,000 (Sold on 25 Sep 2013)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£303,833	£4,493	6
2023	£206,711	£2,956	19
2022	£189,840	£2,910	30
2021	£209,122	£2,796	34
2020	£179,740	£2,800	18
2019	£169,973	£2,407	37
2018	£154,948	£2,197	29
2017	£147,721	£2,163	28
2016	£169,380	£2,413	30
2015	£126,167	£1,941	49
2014	£160,927	£2,110	30
2013	£151,421	£1,828	14
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	£148,252	£2,244	29
2007	£160,356	£2,322	55
2006	£185,334	£2,210	57
2005	£155,193	£1,941	43
2004	£120,901	£1,965	59
2003	£89,395	£1,524	34
2002	£72,612	£1,084	39
2001	£56,643	£791	44
2000	£45,090	£649	47
1999	£42,612	£646	23
1998	£41,079	£617	41
1997	£41,337	£478	27
1996	£31,282	£502	30
1995	£29,361	£436	19

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£485,000		1
2023	£234,800	£3,110	10
2022	£307,000	£3,039	10
2021	£315,967	£2,994	15
2020	£214,875	£2,201	8
2019	£189,917	£2,463	6
2018	£201,750	£2,083	8
2017	£206,500	£2,227	9
2016	£204,859	£1,938	11
2015	£198,050	£2,390	10
2014	£164,279	£2,341	7
2013	£140,375	£1,815	8
2012	£188,469	£2,162	8
2011	£221,238	£1,639	4
2010	£214,286	£2,007	7
2009	£171,333	£2,337	6
2008	£193,375	£2,121	8
2007	£187,469	£1,990	16
2006	£201,733	£1,915	15
2005	£167,011	£1,998	14
2004	£199,125	£1,393	10
2003	£131,278	£1,431	9
2002	£118,533	£1,220	15
2001	£84,615	£874	13
2000	£76,568	£637	14
1999	£73,846	£640	13
1998	£55,300	£444	10
1997	£53,169	£508	21
1996	£44,246	£437	12
1995	£40,500	£382	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£212,500	£1,875	2
2023	£294,500	£3,453	10
2022	£243,138	£3,283	13
2021	£188,767	£2,555	15
2020	£317,356	£2,428	11
2019	£188,786	£2,171	7
2018	£186,682	£2,319	11
2017	£183,897	£2,480	16
2016	£169,906	£2,114	16
2015	£166,038	£1,990	13
2014	£172,118	£2,196	17
2013	£154,688	£1,935	13
2012	£185,339	£2,008	9
2011	£183,792	£2,233	12
2010	£137,996	£2,246	14
2009	£141,000	£1,894	11
2008	£171,125	£2,315	12
2007	£150,905	£1,749	21
2006	£163,700	£2,006	20
2005	£151,375	£1,852	12
2004	£144,682	£1,589	11
2003	£121,792	£1,372	19
2002	£112,607	£1,152	21
2001	£71,379	£833	17
2000	£70,294	£778	17
1999	£51,307	£623	21
1998	£45,072	£603	16
1997	£34,530	£378	22
1996	£30,250	£347	10
1995	£50,308	£507	13

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£250,000	£1,880	1
2023	£563,500	£2,921	8
2022	£444,500	£4,046	9
2021	£423,250	£3,464	16
2020	£325,792	£3,341	12
2019	£357,400	£2,955	10
2018	£312,889	£2,934	18
2017	£332,300	£3,087	5
2016	£304,591	£2,704	11
2015	£313,600	£2,410	15
2014	£249,405	£2,146	11
2013	£203,500	£2,085	5
2012	£229,227	£2,453	11
2011	£276,200	£2,054	5
2010	£359,500	£3,874	5
2009	£288,125	£2,440	4
2008	£273,357	£2,256	7
2007	£284,876	£2,265	17
2006	£296,361	£2,043	18
2005	£266,265	£3,275	13
2004	£272,750	£2,358	7
2003	£185,250	£1,387	14
2002	£168,547	£1,290	16
2001	£131,875	£1,037	8
2000	£131,900	£702	10
1999	£115,545	£896	11
1998	£75,708	£482	12
1997	£61,427	£734	15
1996	£69,241	£522	17
1995	£50,500	£423	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£191,000		1
2023	£292,357	£2,794	7
2022	£921,000	£2,254	2
2021	£285,267	£3,436	12
2020	£548,677	£2,004	8
2019	£187,300		5
2018	£305,875	£3,121	8
2017	£135,496	£3,683	9
2016	£331,829	£2,054	7
2015	£79,000		1
2014	£240,000		1
2013	£58,000		1

House Type in PO38 1JU area

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

Total	105
Detached	26
Semi-detached	23
Flat	23
Shared house	18
converted building	9
Terraced	6
commercial building	0
temporary structure	0

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 outright	60
Private rented: Private landlord or letting agency	22
Owned: Owns with a mortgage or loan	17
Private rented: Other private rented	4
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the PO38 1JU have 1 person in household (51), and 2 people in household (32).

1 person in household	51
2 people in household	32
3 people in household	10
4 people in household	6
5 people in household	4
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0