Housing Market Analysis for PARK AVENUE, PO38 1LD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £378,500 median price is £408,000 Standard Deviation is £203,432 with Total Sold: 6
    • The most recent sale happened at this postcode is MERRIE MEADE PARK AVENUE: £190,000 (Sold on 12 Sep 2019)
    • The first recorded sale happened at this postcode is MERRIE MEADE PARK AVENUE: £60,000 (Sold on 23 Sep 1998)
  • Flat
    • The average price is around £116,000 median price is £105,000 Standard Deviation is £44,370 with Total Sold: 3
    • The most recent sale happened at this postcode is GLENLYN PARK AVENUE: £175,000 (Sold on 26 Jun 2009)
    • The first recorded sale happened at this postcode is GLENLYN PARK AVENUE: £68,000 (Sold on 31 Oct 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1LD 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£190,000 £1,418 1
2018£535,000 £1,726 1
2015£535,000 £1,445 2
2006£416,000 £1,246 1
1998£60,000 £448 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2009£175,0001
2005£105,0001
2000£68,0001

All the Sales in the PARK AVENUE, PO38 1LD

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

AddressSold DatePrice% Change
MERRIE MEADE PARK AVENUEDetached, FreeholdArea: 134 Sq.mtrAge: before 190012 Sep 2019£190,000216.67%
23 Sep 1998£60,000First Sale
SOUTH BANK PARK AVENUEDetached, FreeholdArea: 310 Sq.mtrAge: before 190016 Jul 2018£535,000First Sale
MELVILLE LODGE PARK AVENUEDetached, LeaseholdArea: 333.8 Sq.mtrAge: before 190021 Dec 2015£670,00061.06%
06 Apr 2006£416,000First Sale
PARK HOUSE PARK AVENUEDetached, FreeholdArea: 453 Sq.mtrAge: before 190028 May 2015£400,000First Sale
GLENLYN PARK AVENUEFlat, Leasehold26 Jun 2009£175,000157.35%
31 Oct 2000£68,000First Sale
MAISONETTE, GLENLYN PARK AVENUEFlat, Leasehold01 Nov 2005£105,000First Sale

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

PARK AVENUE, PO38 1LD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £154,346 median price is £147,100 Standard Deviation is £91,818 with Total Sold: 324
    • The Last 5 Year average price is £255,750 with Total Sold: 42
    • The most recent sale happened at this postcode is , 74 NEWPORT ROAD: £180,000 (Sold on 23 Aug 2024)
    • The first recorded sale happened at this postcode is , 1 LOWTHERVILLE ROAD: £25,000 (Sold on 08 Feb 1995)
  • Flat
    • The average price is around £155,799 median price is £146,250 Standard Deviation is £103,431 with Total Sold: 432
    • The Last 5 Year average price is £233,715 with Total Sold: 51
    • 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 £236,089 median price is £220,000 Standard Deviation is £147,170 with Total Sold: 368
    • The Last 5 Year average price is £383,924 with Total Sold: 46
    • 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 £139,438 median price is £130,000 Standard Deviation is £96,765 with Total Sold: 175
    • The Last 5 Year average price is £229,183 with Total Sold: 29
    • The most recent sale happened at this postcode is , 1 YORK VILLAS: £197,500 (Sold on 23 Feb 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 £442,816 median price is £286,001 Standard Deviation is £487,539 with Total Sold: 27
    • The Last 5 Year average price is £589,243 with Total Sold: 12
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2023£217,182 £2,633 11
2022£286,429 £3,275 7
2021£318,577 £3,158 13
2020£202,600 £2,110 10
2019£196,643 £2,055 7
2018£194,975 £2,035 12
2017£209,455 £2,386 11
2016£196,621 £2,085 12
2015£184,536 £2,217 14
2014£170,850 £2,086 7
2013£142,875 £1,597 12
2012£169,969 £1,918 8
2011£180,600 £1,448 5
2010£211,250 £2,210 6
2009£181,750 £1,946 6
2008£197,500 £1,982 10
2007£183,366 £1,810 19
2006£194,250 £1,914 12
2005£153,418 £1,572 17
2004£196,938 £1,836 8
2003£136,000 £1,437 14
2002£115,767 £1,171 15
2001£78,422 £792 16
2000£61,450 £665 10
1999£68,444 £529 18
1998£49,618 £393 11
1997£49,630 £518 15
1996£46,727 £506 13
1995£39,800 £386 4
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£384,250 £6,618 4
2023£256,389 £3,416 9
2022£208,975 £3,468 10
2021£232,041 £3,061 16
2020£189,380 £3,162 12
2019£232,036 £2,912 14
2018£192,429 £2,518 14
2017£147,483 £2,369 12
2016£202,325 £2,777 12
2015£147,810 £2,144 21
2014£187,064 £2,082 14
2013£211,242 £1,783 6
2012£207,583 £2,422 6
2011£154,321 £2,261 14
2010£193,127 £2,343 15
2009£197,833 £2,478 9
2008£176,265 £2,424 17
2007£221,550 £2,214 17
2006£242,045 £2,702 31
2005£204,272 £2,480 20
2004£166,925 £2,120 22
2003£102,639 £1,405 14
2002£82,729 £1,325 17
2001£69,186 £853 18
2000£56,971 £857 15
1999£51,256 £674 13
1998£50,075 £692 18
1997£45,654 £542 13
1996£40,354 £657 14
1995£31,887 £452 15
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,000 £1,880 2
2023£334,000 £3,443 5
2022£435,036 £3,902 14
2021£409,607 £3,484 14
2020£319,591 £3,390 11
2019£331,933 £3,080 15
2018£330,750 £3,202 16
2017£353,875 £2,983 12
2016£287,889 £2,623 9
2015£319,497 £2,467 16
2014£238,897 £2,154 15
2013£199,500 £2,080 5
2012£223,250 £2,365 12
2011£196,000 £1,365 3
2010£285,650 £2,615 10
2009£298,779 £3,120 7
2008£298,345 £2,407 10
2007£305,022 £2,251 18
2006£262,208 £2,095 24
2005£265,278 £2,998 16
2004£259,900 £2,098 8
2003£160,687 £1,564 15
2002£155,359 £1,177 16
2001£130,250 £1,014 12
2000£121,679 £1,013 14
1999£101,700 £914 15
1998£78,786 £530 14
1997£52,817 £490 18
1996£61,375 £554 16
1995£64,917 £524 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,500 £2,500 1
2023£326,000 £1,999 5
2022£248,828 £2,963 7
2021£174,727 £2,243 11
2020£231,000 £2,166 5
2019£126,000 £2,049 3
2018£163,929 £2,245 7
2017£214,750 £2,316 4
2016£176,667 £2,176 9
2015£133,417 £1,847 6
2014£112,500 £2,288 7
2013£181,750 £1,912 6
2012£189,950 £2,042 1
2011£214,250 £1,944 4
2010£135,000 £2,263 8
2009£116,400 £1,775 5
2008£155,250 £2,236 8
2007£153,917 £1,916 12
2006£173,000 £2,232 9
2005£157,083 £1,743 6
2004£153,000 £1,781 3
2003£68,983 £2,074 3
2002£85,200 £1,330 5
2001£76,532 £894 6
2000£60,500 £544 4
1999£48,661 £583 9
1998£37,225 £435 4
1997£23,129 £285 7
1996£25,850 £350 7
1995£27,333 £481 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£232,833 £2,794 3
2022£1,700,0001
2021£432,700 £4,313 5
2020£836,306 £3,991 3
2019£240,0002
2018£458,600 £3,061 5
2017£117,264 £3,080 5
2016£733,9002
2013£58,0001

House Type in PO38 1LD area

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