Housing Market Analysis for ESPLANADE, PO38 1JX

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

Overview of Sold House prices

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

  • Flat
    • The average price is around £192,889 median price is £200,000 Standard Deviation is £80,114 with Total Sold: 9
    • The Last 5 Year average price is £237,500 with Total Sold: 2
    • The most recent sale happened at this postcode is FLAT 2, RICHMOND APARTMENTS ESPLANADE: £275,000 (Sold on 13 May 2022)
    • The first recorded sale happened at this postcode is FLAT 3, RICHMOND HOTEL ESPLANADE: £99,000 (Sold on 16 Nov 2006)
  • Semi-Detached
    • The average price is around £366,500 median price is £366,500 Standard Deviation is £143,500 with Total Sold: 2
    • The Last 5 Year average price is £510,000 with Total Sold: 1
    • The most recent sale happened at this postcode is SUNSET ESPLANADE: £510,000 (Sold on 11 Mar 2021)
    • The first recorded sale happened at this postcode is ST. MARTINS ESPLANADE: £223,000 (Sold on 10 Dec 2003)
  • Other
    • The average price is around £360,000 median price is £220,000 Standard Deviation is £219,545 with Total Sold: 3
    • The Last 5 Year average price is £220,000 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 3, RICHMOND APARTMENTS ESPLANADE: £220,000 (Sold on 04 Sep 2020)
    • The first recorded sale happened at this postcode is BALMORAL ESPLANADE: £670,000 (Sold on 05 Jun 2018)
  • Detached
    • The average price is around £72,250 median price is £72,250 Standard Deviation is £47,750 with Total Sold: 2
    • The most recent sale happened at this postcode is BRITANNIAS ESPLANADE: £120,000 (Sold on 22 Jan 2003)
    • The first recorded sale happened at this postcode is BALMORAL ESPLANADE: £24,500 (Sold on 02 Feb 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1JX 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
2022£275,000 £6,395 1
2020£200,000 £4,489 1
2019£205,0001
2016£246,000 £3,515 2
2015£200,000 £1,942 1
2014£165,0001
2007£100,0001
2006£99,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£510,000 £4,180 1
2003£223,000 £1,042 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£220,000 £3,991 1
2019£190,0001
2018£670,000 £3,829 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£120,000 £1,500 1
1996£24,500 £140 1

All the Sales in the ESPLANADE, PO38 1JX

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

AddressSold DatePrice% Change
FLAT 2, RICHMOND APARTMENTS ESPLANADEFlat, LeaseholdArea: 43 Sq.mtrAge: 1900-192913 May 2022£275,000First Sale
SUNSET ESPLANADESemi-Detached, FreeholdArea: 122 Sq.mtrAge: 2003-200611 Mar 2021£510,000First Sale
FLAT 3, RICHMOND APARTMENTS ESPLANADEOther, LeaseholdArea: 55.13 Sq.mtrAge: 2003-200604 Sep 2020£220,000First Sale
FLAT 4, RICHMOND APARTMENTS ESPLANADEFlat, LeaseholdArea: 44.55 Sq.mtrAge: 2003-200607 Aug 2020£200,000First Sale
FLAT 2, RICHMOND HOTEL ESPLANADEFlat, Leasehold29 Aug 2019£205,00057.69%
30 Mar 2016£130,000First Sale
RICHMOND HOTEL ESPLANADEOther, Freehold04 Jul 2019£190,000First Sale
BALMORAL ESPLANADEOther, FreeholdArea: 175 Sq.mtr05 Jun 2018£670,0002634.69%
02 Feb 1996£24,500First Sale
FLAT 1, MARI LAETARE ESPLANADEFlat, FreeholdArea: 103 Sq.mtrAge: 1967-197516 Dec 2016£362,00081.00%
16 Dec 2015£200,000First Sale
FLAT 1, RICHMOND HOTEL ESPLANADEFlat, Leasehold25 Jul 2014£165,000First Sale
FLAT 4, RICHMOND HOTEL ESPLANADEFlat, Leasehold19 Apr 2007£100,000First Sale
FLAT 3, RICHMOND HOTEL ESPLANADEFlat, Leasehold16 Nov 2006£99,000First Sale
ST. MARTINS ESPLANADESemi-Detached, FreeholdArea: 214 Sq.mtrAge: before 190010 Dec 2003£223,000First Sale
BRITANNIAS ESPLANADEDetached, FreeholdArea: 80.02 Sq.mtrAge: 1950-196622 Jan 2003£120,000First Sale

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

ESPLANADE, PO38 1JX Near By properties

Interactive Map

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

  • Flat
    • The average price is around £130,956 median price is £120,000 Standard Deviation is £92,248 with Total Sold: 888
    • The Last 5 Year average price is £208,016 with Total Sold: 101
    • 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)
  • Terraced
    • The average price is around £137,335 median price is £122,250 Standard Deviation is £97,989 with Total Sold: 396
    • The Last 5 Year average price is £247,606 with Total Sold: 50
    • 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 £243,790 median price is £220,000 Standard Deviation is £181,111 with Total Sold: 342
    • The Last 5 Year average price is £420,152 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 £318,366 median price is £225,000 Standard Deviation is £391,159 with Total Sold: 57
    • The Last 5 Year average price is £419,505 with Total Sold: 26
    • 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)
  • Semi-Detached
    • The average price is around £155,983 median price is £150,000 Standard Deviation is £95,664 with Total Sold: 330
    • The Last 5 Year average price is £262,902 with Total Sold: 46
    • The most recent sale happened at this postcode is , STARBOARD HOUSE GROVE ROAD: £230,000 (Sold on 03 Nov 2023)
    • The first recorded sale happened at this postcode is , 46 ALBERT STREET: £17,000 (Sold on 03 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£303,833 £4,493 6
2023£206,711 £2,956 19
2022£192,248 £2,910 29
2021£221,588 £2,875 30
2020£178,607 £2,894 17
2019£177,029 £2,474 34
2018£160,196 £2,293 28
2017£155,188 £2,295 24
2016£176,052 £2,505 27
2015£126,348 £1,954 48
2014£163,939 £2,138 28
2013£151,421 £1,828 14
2012£153,438 £2,176 13
2011£134,000 £2,154 18
2010£171,203 £2,404 31
2009£175,455 £2,727 22
2008£150,270 £2,246 28
2007£162,050 £2,320 52
2006£193,820 £2,276 52
2005£156,829 £2,016 39
2004£126,215 £2,061 52
2003£92,015 £1,622 30
2002£74,396 £1,090 35
2001£58,416 £797 38
2000£45,912 £664 43
1999£43,185 £639 22
1998£41,375 £615 38
1997£41,337 £478 27
1996£32,038 £521 25
1995£29,361 £436 19
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£188,767 £2,555 15
2020£301,800 £2,358 10
2019£154,917 £2,220 6
2018£176,050 £2,442 10
2017£183,897 £2,480 16
2016£166,900 £2,111 15
2015£145,591 £2,060 11
2014£170,625 £2,243 16
2013£154,688 £1,935 13
2012£201,993 £2,175 7
2011£171,389 £2,233 9
2010£136,412 £2,319 12
2009£141,000 £1,894 11
2008£165,318 £2,315 11
2007£154,450 £1,749 20
2006£167,737 £2,153 19
2005£151,375 £1,852 12
2004£149,550 £1,757 10
2003£121,792 £1,372 19
2002£110,303 £1,172 19
2001£71,228 £815 16
2000£69,867 £809 15
1999£52,655 £615 19
1998£45,072 £603 16
1997£33,317 £378 21
1996£30,250 £347 10
1995£50,308 £507 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£250,000 £1,880 1
2023£601,429 £2,921 7
2022£436,708 £3,830 12
2021£404,429 £3,604 14
2020£330,375 £3,291 12
2019£352,182 £3,050 11
2018£306,588 £2,934 17
2017£347,389 £2,877 9
2016£310,600 £2,789 10
2015£313,497 £2,426 16
2014£238,563 £2,026 15
2013£204,500 £2,064 5
2012£227,150 £2,453 10
2011£265,600 £2,033 5
2010£346,250 £3,874 6
2009£284,490 £2,743 5
2008£288,161 £2,407 9
2007£298,153 £2,193 16
2006£292,639 £2,016 18
2005£267,763 £3,086 15
2004£272,750 £2,358 7
2003£177,350 £1,564 18
2002£168,297 £1,212 16
2001£125,000 £789 11
2000£127,900 £775 10
1999£105,038 £877 13
1998£74,115 £448 13
1997£59,692 £704 19
1996£70,412 £516 16
1995£54,750 £454 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,0001
2023£291,417 £2,794 6
2022£1,700,0001
2021£265,745 £3,436 11
2020£620,631 £2,004 7
2019£187,3005
2018£305,875 £3,121 8
2017£145,385 £3,482 9
2016£361,8006
2015£79,0001
2014£240,0001
2013£58,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£234,800 £3,110 10
2022£286,000 £3,037 10
2021£305,094 £3,024 16
2020£200,400 £2,186 10
2019£192,071 £2,414 7
2018£205,400 £2,077 10
2017£193,222 £2,306 9
2016£206,954 £2,078 12
2015£194,233 £2,238 15
2014£169,494 £2,307 8
2013£144,000 £1,667 8
2012£176,969 £2,052 8
2011£191,600 £1,479 5
2010£217,917 £2,224 6
2009£162,143 £2,182 7
2008£185,111 £2,003 9
2007£186,261 £1,985 19
2006£208,179 £1,829 14
2005£164,256 £1,897 16
2004£190,472 £1,693 9
2003£130,792 £1,453 12
2002£116,062 £1,193 16
2001£80,933 £787 15
2000£72,381 £663 13
1999£67,889 £611 18
1998£52,336 £445 11
1997£50,108 £496 19
1996£43,304 £437 13
1995£33,240 £356 5

House Type in PO38 1JX area

The most common house types in the PO38 1JX 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 1JX 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