Housing Market Analysis for PO38 1LR

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

Overview of Sold House prices

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

    Sold Price Trend Over the Years:

    Below table and chart gives the average PO38 1LR 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 1LR

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

    AddressSold DatePrice% Change

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

    PO38 1LR Near By properties

    Interactive Map

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

    • Semi-Detached
      • The average price is around £151,584 median price is £145,000 Standard Deviation is £90,451 with Total Sold: 379
      • The Last 5 Year average price is £255,410 with Total Sold: 50
      • 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 £141,359 median price is £130,000 Standard Deviation is £96,145 with Total Sold: 662
      • The Last 5 Year average price is £215,697 with Total Sold: 77
      • 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 £238,283 median price is £225,000 Standard Deviation is £148,008 with Total Sold: 393
      • 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 £136,289 median price is £123,250 Standard Deviation is £98,411 with Total Sold: 264
      • The Last 5 Year average price is £247,023 with Total Sold: 35
      • 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)
    • Other
      • The average price is around £311,325 median price is £222,500 Standard Deviation is £381,048 with Total Sold: 54
      • The Last 5 Year average price is £423,301 with Total Sold: 23
      • 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: Semi-Detached
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£180,0001
    2023£228,071 £2,706 14
    2022£286,000 £3,037 10
    2021£300,767 £2,947 15
    2020£202,600 £2,110 10
    2019£194,250 £2,068 8
    2018£194,975 £2,035 12
    2017£200,000 £2,266 13
    2016£198,804 £2,022 13
    2015£189,971 £2,217 17
    2014£170,744 £2,112 8
    2013£142,875 £1,597 12
    2012£166,675 £1,916 10
    2011£182,571 £1,385 7
    2010£209,643 £2,210 7
    2009£181,750 £1,946 6
    2008£183,250 £1,838 12
    2007£183,998 £1,810 20
    2006£193,833 £1,861 15
    2005£153,418 £1,572 17
    2004£184,023 £1,726 11
    2003£134,933 £1,436 15
    2002£111,912 £1,143 17
    2001£79,819 £783 18
    2000£65,367 £608 15
    1999£66,350 £581 20
    1998£51,220 £431 15
    1997£50,252 £492 20
    1996£45,463 £509 15
    1995£40,700 £356 6
    House Type: Flat
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£384,250 £6,618 4
    2023£227,367 £3,105 15
    2022£203,890 £3,135 21
    2021£207,963 £2,990 23
    2020£185,451 £3,119 14
    2019£204,000 £2,640 23
    2018£168,360 £2,323 25
    2017£169,906 £2,458 16
    2016£194,820 £2,754 20
    2015£139,883 £2,084 30
    2014£175,895 £2,047 20
    2013£149,158 £1,852 12
    2012£163,909 £2,429 11
    2011£127,975 £2,075 20
    2010£183,674 £2,565 25
    2009£176,136 £2,680 22
    2008£157,438 £2,314 20
    2007£194,042 £2,333 31
    2006£228,428 £2,611 36
    2005£183,070 £2,085 27
    2004£135,678 £2,105 43
    2003£91,873 £1,670 24
    2002£77,267 £1,219 24
    2001£59,415 £858 26
    2000£50,981 £769 26
    1999£43,041 £696 20
    1998£41,486 £636 29
    1997£41,344 £491 16
    1996£36,148 £583 20
    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£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£53,458 £524 20
    1996£65,137 £567 19
    1995£61,786 £524 7
    House Type: Terraced
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£176,250 £2,500 2
    2023£343,571 £3,736 7
    2022£248,828 £2,963 7
    2021£184,125 £2,490 12
    2020£276,714 £2,378 7
    2019£164,600 £2,314 5
    2018£165,250 £2,286 10
    2017£225,000 £2,547 8
    2016£179,000 £2,262 10
    2015£159,812 £1,810 8
    2014£125,111 £2,197 9
    2013£179,562 £2,018 8
    2012£172,650 £2,480 3
    2011£214,250 £1,944 4
    2010£130,500 £2,263 10
    2009£133,875 £1,922 8
    2008£155,250 £2,236 8
    2007£151,118 £1,770 17
    2006£158,643 £2,276 14
    2005£165,700 £1,627 10
    2004£165,800 £1,617 5
    2003£93,338 £1,658 12
    2002£76,944 £1,190 9
    2001£68,919 £853 10
    2000£66,300 £574 10
    1999£55,804 £618 13
    1998£38,069 £518 8
    1997£33,685 £313 13
    1996£29,632 £350 11
    1995£33,417 £481 6
    House Type: Other
    YearAvg. PriceAvg. Price/Sq. mtrSold
    2024£191,0001
    2023£294,700 £2,794 5
    2022£1,700,0001
    2021£293,500 £3,252 11
    2020£628,584 £3,991 5
    2019£187,3005
    2018£288,889 £3,121 9
    2017£136,813 £4,326 9
    2016£361,8006
    2015£79,0001
    2013£58,0001

    House Type in PO38 1LR area

    The most common house types in the PO38 1LR postcode area are Detached (55), Flat (38), and Shared house (6).

    Total104
    Detached55
    Flat38
    Shared house6
    Semi-detached5
    Terraced0
    converted building0
    commercial building0
    temporary structure0

    Tenure of household

    As per the tenure of household, most of the the properties are Owned: Owns outright (48), and Social rented: Other social rented (23).

    Owned: Owns outright48
    Social rented: Other social rented23
    Owned: Owns with a mortgage or loan17
    Private rented: Private landlord or letting agency9
    Social rented: Rents from council or Local Authority3
    Private rented: Other private rented3
    Does not apply0
    Shared ownership: Shared ownership0
    Lives rent free0

    Number of People in a Household

    The most houses in the PO38 1LR have 1 person in household (53), and 2 people in household (37).

    1 person in household53
    2 people in household37
    3 people in household6
    4 people in household6
    6 people in household2
    0 people in household0
    5 people in household0
    7 people in household0
    8 or more people in household0