Housing Market Analysis for PO38 1LB

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average PO38 1LB 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.

    All the Sales in the PO38 1LB

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

    AddressSold DatePrice% Change

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

    PO38 1LB Near By properties

    Interactive Map

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

    • Flat
      • The average price is around £150,060 median price is £145,000 Standard Deviation is £97,199 with Total Sold: 589
      • The Last 5 Year average price is £221,207 with Total Sold: 71
      • The most recent sale happened at this postcode is , 1 CLARENDON VILLAS: £237,000 (Sold on 17 Jul 2024)
      • The first recorded sale happened at this postcode is FLAT 1, PIER VIEW ESPLANADE: £32,500 (Sold on 06 Jan 1995)
    • Detached
      • The average price is around £242,773 median price is £229,950 Standard Deviation is £147,235 with Total Sold: 383
      • The Last 5 Year average price is £383,880 with Total Sold: 54
      • The most recent sale happened at this postcode is , 2 UNDERCLIFF GARDENS: £400,000 (Sold on 03 Jul 2024)
      • The first recorded sale happened at this postcode is , 27 ZIG ZAG ROAD: £83,000 (Sold on 26 May 1995)
    • Terraced
      • The average price is around £133,840 median price is £123,000 Standard Deviation is £94,936 with Total Sold: 195
      • The Last 5 Year average price is £235,752 with Total Sold: 25
      • 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)
    • Semi-Detached
      • The average price is around £158,379 median price is £150,000 Standard Deviation is £94,620 with Total Sold: 303
      • The Last 5 Year average price is £261,256 with Total Sold: 41
      • The most recent sale happened at this postcode is , 2 SUSSEX VILLAS: £295,000 (Sold on 08 Sep 2023)
      • The first recorded sale happened at this postcode is , 107 GILLS CLIFF ROAD: £29,200 (Sold on 22 Feb 1995)
    • Other
      • The average price is around £364,142 median price is £241,000 Standard Deviation is £428,468 with Total Sold: 39
      • The Last 5 Year average price is £455,496 with Total Sold: 18
      • The most recent sale happened at this postcode is , BEACHLANDS ESPLANADE: £450,000 (Sold on 14 Aug 2023)
      • 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
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£384,250 £6,618 4
    2023£260,227 £3,552 11
    2022£207,335 £3,220 20
    2021£207,416 £3,026 22
    2020£185,451 £3,119 14
    2019£208,045 £2,726 22
    2018£180,810 £2,441 21
    2017£169,906 £2,458 16
    2016£194,820 £2,754 20
    2015£143,400 £2,173 25
    2014£192,524 £2,219 17
    2013£165,645 £1,964 10
    2012£205,786 £2,389 7
    2011£137,917 £2,214 18
    2010£186,369 £2,627 24
    2009£180,405 £2,680 21
    2008£176,265 £2,424 17
    2007£206,919 £2,553 27
    2006£228,428 £2,611 36
    2005£191,716 £2,178 25
    2004£151,540 £2,131 36
    2003£104,914 £1,690 18
    2002£80,995 £1,278 20
    2001£64,195 £878 22
    2000£53,196 £803 23
    1999£45,240 £696 18
    1998£44,824 £672 25
    1997£45,654 £542 13
    1996£38,108 £651 18
    1995£30,453 £450 19
    House Type: Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£325,000 £1,880 2
    2023£357,857 £3,410 7
    2022£427,033 £3,784 15
    2021£408,094 £3,514 16
    2020£331,393 £3,393 14
    2019£331,933 £3,080 15
    2018£326,000 £3,085 17
    2017£353,875 £2,983 12
    2016£314,350 £2,787 10
    2015£319,497 £2,467 16
    2014£244,278 £2,135 16
    2013£212,083 £2,128 6
    2012£223,250 £2,365 12
    2011£207,000 £1,558 4
    2010£291,045 £2,963 11
    2009£283,931 £2,728 8
    2008£298,345 £2,407 10
    2007£303,495 £2,221 19
    2006£264,920 £2,078 25
    2005£265,278 £2,998 16
    2004£263,800 £2,098 9
    2003£163,769 £1,564 16
    2002£159,983 £1,177 15
    2001£136,182 £1,014 11
    2000£137,182 £1,028 11
    1999£101,700 £914 15
    1998£79,923 £530 13
    1997£52,817 £490 18
    1996£64,853 £602 17
    1995£61,786 £524 7
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£155,0001
    2023£360,000 £1,999 4
    2022£248,828 £2,963 7
    2021£175,222 £2,289 9
    2020£245,000 £2,221 4
    2019£136,667 £1,894 3
    2018£164,389 £2,338 9
    2017£192,500 £2,316 6
    2016£176,667 £2,176 9
    2015£133,417 £1,847 6
    2014£112,250 £2,736 6
    2013£179,562 £2,018 8
    2012£189,950 £2,042 1
    2011£214,250 £1,944 4
    2010£132,222 £2,263 9
    2009£114,625 £1,775 4
    2008£158,857 £2,351 7
    2007£161,133 £1,896 15
    2006£165,750 £2,354 10
    2005£154,917 £1,739 6
    2004£147,250 £1,617 4
    2003£84,792 £1,620 6
    2002£78,357 £1,775 7
    2001£72,024 £819 8
    2000£61,500 £375 5
    1999£50,106 £607 9
    1998£41,770 £556 5
    1997£32,173 £313 11
    1996£23,244 £350 8
    1995£29,750 £481 4
    House Type: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£233,800 £2,894 10
    2022£279,375 £3,295 8
    2021£307,250 £3,042 14
    2020£204,111 £2,111 9
    2019£200,250 £2,013 6
    2018£200,250 £2,005 10
    2017£208,091 £2,367 11
    2016£209,041 £2,140 11
    2015£191,115 £2,249 13
    2014£171,825 £2,176 6
    2013£150,722 £1,591 9
    2012£173,417 £1,973 9
    2011£201,600 £1,576 5
    2010£217,917 £2,224 6
    2009£181,750 £1,946 6
    2008£186,273 £1,886 11
    2007£192,747 £1,860 16
    2006£204,300 £1,884 10
    2005£164,864 £1,674 14
    2004£188,525 £1,693 10
    2003£137,000 £1,454 13
    2002£115,036 £1,140 14
    2001£79,800 £773 15
    2000£63,938 £647 8
    1999£66,350 £581 20
    1998£49,380 £357 10
    1997£49,542 £487 13
    1996£46,496 £488 12
    1995£38,550 £356 4
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2023£232,833 £2,794 3
    2022£1,700,0001
    2021£301,650 £3,252 10
    2020£695,980 £3,991 4
    2019£200,6254
    2018£386,333 £3,061 6
    2017£162,720 £4,326 6
    2016£461,9504
    2013£58,0001

    House Type in PO38 1LB area

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