Housing Market Analysis for PO38 1LE

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £855,000 median price is £855,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £855,000 with Total Sold: 1
    • The most recent sale happened at this postcode is DAULSTON PARK AVENUE: £855,000 (Sold on 25 Apr 2023)
    • The first recorded sale happened at this postcode is DAULSTON PARK AVENUE: £855,000 (Sold on 25 Apr 2023)
  • Flat
    • The average price is around £163,902 median price is £190,000 Standard Deviation is £65,341 with Total Sold: 21
    • The Last 5 Year average price is £205,000 with Total Sold: 3
    • The most recent sale happened at this postcode is 1, FERNLEIGH APARTMENTS PARK AVENUE: £195,000 (Sold on 03 Mar 2023)
    • The first recorded sale happened at this postcode is FLAT 2, BROOK HOUSE: £43,000 (Sold on 02 Jun 1997)
  • Other
    • The average price is around £395,659 median price is £395,659 Standard Deviation is £394,341 with Total Sold: 2
    • The most recent sale happened at this postcode is CLARENCE HOUSE PARK AVENUE: £790,000 (Sold on 13 Dec 2018)
    • The first recorded sale happened at this postcode is CASTLE WAY PARK AVENUE: £1,318 (Sold on 21 Jun 2017)
  • Detached
    • The average price is around £337,083 median price is £366,250 Standard Deviation is £170,674 with Total Sold: 3
    • The most recent sale happened at this postcode is CLARENCE HOUSE PARK AVENUE: £530,000 (Sold on 22 Aug 2006)
    • The first recorded sale happened at this postcode is PARK LODGE PARK AVENUE: £115,000 (Sold on 28 Mar 2002)
  • Semi-Detached
    • The average price is around £225,000 median price is £225,000 Standard Deviation is £95,000 with Total Sold: 2
    • The most recent sale happened at this postcode is CANDLELIGHT COTTAGE PARK AVENUE: £320,000 (Sold on 30 Sep 2004)
    • The first recorded sale happened at this postcode is CANDLELIGHT COTTAGE PARK AVENUE: £130,000 (Sold on 01 Mar 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1LE 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£855,0001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£195,000 £2,532 1
2022£210,000 £2,976 2
2019£225,000 £2,763 1
2017£235,000 £3,925 1
2011£130,000 £2,203 1
2010£168,317 £2,254 3
2009£195,000 £2,394 1
2008£159,750 £2,667 2
2007£209,875 £2,822 4
2006£210,0001
2000£55,0001
1997£37,6673
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£790,0001
2017£1,3181
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2006£530,0001
2004£366,2501
2002£115,0001
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2004£320,0001
1999£130,0001

All the Sales in the PO38 1LE

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

AddressSold DatePrice% Change
DAULSTON PARK AVENUETerraced, Freehold25 Apr 2023£855,000First Sale
1, FERNLEIGH APARTMENTS PARK AVENUEFlat, LeaseholdArea: 77 Sq.mtrAge: 1900-192903 Mar 2023£195,000-7.14%
05 Jan 2007£210,000First Sale
12, FERNLEIGH APARTMENTS PARK AVENUEFlat, LeaseholdArea: 59 Sq.mtrAge: 2003-200614 Dec 2022£195,00050.00%
10 Jan 2011£130,000First Sale
4, FERNLEIGH APARTMENTS PARK AVENUEFlat, LeaseholdArea: 85 Sq.mtrAge: 1996-200213 May 2022£225,00020.00%
07 Sep 2007£187,500First Sale
8, FERNLEIGH APARTMENTS PARK AVENUEFlat, LeaseholdArea: 81.44 Sq.mtrAge: 2003-200622 Nov 2019£225,00015.38%
21 Oct 2009£195,000-15.95%
17 Aug 2007£232,000First Sale
CLARENCE HOUSE PARK AVENUEOther, Freehold13 Dec 2018£790,00049.06%
22 Aug 2006£530,000First Sale
5, FERNLEIGH APARTMENTS PARK AVENUEFlat, LeaseholdArea: 59.87 Sq.mtrAge: before 190007 Jul 2017£235,00011.90%
12 Jan 2007£210,000First Sale
CASTLE WAY PARK AVENUEOther, Freehold21 Jun 2017£1,318First Sale
2, FERNLEIGH APARTMENTS PARK AVENUEFlat, Leasehold11 Jun 2010£190,00019.12%
08 Feb 2008£159,500-24.05%
30 Nov 2006£210,000First Sale
7, FERNLEIGH APARTMENTS PARK AVENUEFlat, LeaseholdArea: 79 Sq.mtrAge: 2003-200620 Apr 2010£179,950First Sale
11, FERNLEIGH APARTMENTS PARK AVENUEFlat, LeaseholdArea: 60.56 Sq.mtrAge: 2003-200619 Feb 2010£135,000First Sale
9, FERNLEIGH APARTMENTS PARK AVENUEFlat, LeaseholdArea: 60 Sq.mtrAge: 2003-200601 Feb 2008£160,000First Sale
CANDLELIGHT COTTAGE PARK AVENUESemi-Detached, Freehold30 Sep 2004£320,000146.15%
01 Mar 1999£130,000First Sale
BROOK HOUSE PARK AVENUEDetached, Freehold01 Mar 2004£366,250First Sale
PARK LODGE PARK AVENUEDetached, Freehold28 Mar 2002£115,000First Sale
TOP FLOOR FLAT, CASTLE WAY PARK AVENUEFlat, Leasehold20 Jun 2000£55,000First Sale
FLAT 1, SHERRALDFlat, Leasehold02 Jun 1997£35,0000.0
02 Jun 1997£35,000First Sale
FLAT 2, BROOK HOUSEFlat, Leasehold02 Jun 1997£43,000First Sale

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

PO38 1LE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £240,642 median price is £225,000 Standard Deviation is £146,181 with Total Sold: 361
    • The Last 5 Year average price is £396,051 with Total Sold: 39
    • 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)
  • Flat
    • The average price is around £138,602 median price is £136,750 Standard Deviation is £87,227 with Total Sold: 306
    • The Last 5 Year average price is £217,453 with Total Sold: 36
    • The most recent sale happened at this postcode is 3, RIVIERA ESPLANADE: £825,000 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , 37A ALPINE ROAD: £27,000 (Sold on 27 Feb 1995)
  • Terraced
    • The average price is around £139,732 median price is £137,000 Standard Deviation is £110,895 with Total Sold: 98
    • The Last 5 Year average price is £261,333 with Total Sold: 15
    • 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)
  • Semi-Detached
    • The average price is around £158,865 median price is £150,000 Standard Deviation is £98,374 with Total Sold: 227
    • The Last 5 Year average price is £276,328 with Total Sold: 29
    • The most recent sale happened at this postcode is , 1 CORNWALL ROAD: £220,000 (Sold on 31 Aug 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 £531,302 median price is £330,000 Standard Deviation is £532,804 with Total Sold: 20
    • The Last 5 Year average price is £746,115 with Total Sold: 8
    • The most recent sale happened at this postcode is , 1 GILLS CLIFF ROAD: £237,500 (Sold on 17 Feb 2023)
    • The first recorded sale happened at this postcode is , GAIETY AMUSEMENTS ESPLANADE: £1,117,800 (Sold on 19 Feb 2016)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,000 £1,880 2
2023£334,000 £3,443 5
2022£450,393 £4,089 14
2021£440,000 £3,141 9
2020£317,833 £3,262 9
2019£338,769 £3,012 13
2018£359,385 £3,182 13
2017£353,875 £2,983 12
2016£317,333 £2,640 9
2015£310,997 £2,682 17
2014£246,309 £2,274 16
2013£188,100 £1,897 5
2012£239,591 £2,268 11
2011£293,500 £2,128 6
2010£285,650 £2,615 10
2009£298,575 £3,120 6
2008£298,345 £2,407 10
2007£311,347 £2,213 17
2006£286,308 £2,045 26
2005£243,000 £2,026 11
2004£271,518 £2,207 11
2003£175,331 £1,660 16
2002£177,117 £1,169 15
2001£143,167 £993 12
2000£137,182 £1,028 11
1999£117,559 £1,389 16
1998£74,125 £530 12
1997£60,136 £719 18
1996£72,222 £517 18
1995£73,864 £574 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£525,000 £6,618 2
2023£270,312 £3,599 8
2022£188,719 £3,210 8
2021£191,688 £2,807 8
2020£157,256 £2,933 10
2019£220,500 £2,856 11
2018£160,591 £2,454 11
2017£139,600 £2,523 8
2016£189,790 £2,647 10
2015£147,750 £2,283 16
2014£194,433 £2,215 9
2013£165,625 £1,974 4
2012£231,100 £2,598 5
2011£129,650 £2,071 10
2010£171,627 £2,423 11
2009£158,643 £2,478 7
2008£162,818 £2,657 11
2007£185,675 £2,576 8
2006£190,527 £2,691 18
2005£194,688 £2,374 13
2004£122,535 £2,147 10
2003£107,073 £1,405 13
2002£89,656 £1,554 9
2001£72,897 £886 16
2000£55,255 £906 12
1999£52,211 £700 11
1998£52,140 £766 15
1997£49,444 £617 9
1996£40,621 £694 12
1995£33,723 £474 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£197,500 £2,500 1
2023£522,5002
2022£267,500 £2,876 2
2021£197,917 £2,343 6
2020£238,750 £2,217 4
2019£163,000 £1,918 1
2018£172,333 £1,852 3
2017£157,000 £1,674 1
2016£165,000 £2,416 5
2015£154,500 £1,798 4
2014£175,000 £4,167 1
2013£191,500 £2,302 2
2011£500,0001
2010£144,900 £2,072 5
2009£132,500 £1,750 2
2008£173,667 £2,086 6
2007£168,375 £2,196 8
2006£148,667 £2,058 3
2005£160,000 £1,743 4
2004£110,0001
2002£85,200 £1,330 5
2001£76,532 £894 6
2000£64,000 £722 3
1999£46,564 £606 7
1998£33,967 £435 3
1997£27,238 £298 4
1996£33,040 £419 5
1995£27,333 £481 3
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£166,000 £1,931 4
2022£356,000 £3,275 5
2021£318,577 £3,158 13
2020£204,000 £1,861 7
2019£200,250 £2,013 6
2018£186,389 £1,922 9
2017£234,125 £2,414 8
2016£205,306 £2,036 8
2015£199,111 £2,110 9
2014£172,190 £2,072 5
2013£138,625 £1,519 8
2012£179,167 £1,745 6
2011£194,500 £1,625 4
2010£325,000 £2,449 2
2009£181,750 £1,946 6
2008£189,286 £1,624 7
2007£182,086 £1,832 11
2006£192,875 £1,951 8
2005£174,181 £1,360 8
2004£207,333 £1,947 6
2003£138,417 £1,457 12
2002£124,650 £1,189 10
2001£75,000 £741 12
2000£62,250 £690 6
1999£68,406 £527 16
1998£49,971 £327 7
1997£50,150 £520 10
1996£48,132 £499 11
1995£44,733 £386 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£237,500 £2,794 1
2022£1,700,0001
2021£507,500 £4,313 3
2020£836,306 £3,991 3
2019£240,0002
2018£458,600 £3,061 5
2017£191,580 £2,803 4
2016£1,117,8001

House Type in PO38 1LE area

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