Housing Market Analysis for SPRING HILL, PO38 1PE

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

Overview of Sold House prices

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

  • Other
    • The average price is around £64,700 median price is £64,700 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £64,700 with Total Sold: 1
    • The most recent sale happened at this postcode is 3 SPRING HILL: £64,700 (Sold on 07 Apr 2021)
    • The first recorded sale happened at this postcode is 3 SPRING HILL: £64,700 (Sold on 07 Apr 2021)
  • Flat
    • The average price is around £113,738 median price is £122,475 Standard Deviation is £53,768 with Total Sold: 4
    • The most recent sale happened at this postcode is 7A SPRING HILL: £159,950 (Sold on 21 Dec 2015)
    • The first recorded sale happened at this postcode is 7A SPRING HILL: £40,000 (Sold on 31 Aug 2001)
  • Terraced
    • The average price is around £45,000 median price is £45,000 Standard Deviation is £27,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 5 SPRING HILL: £72,000 (Sold on 04 Jun 2010)
    • The first recorded sale happened at this postcode is 5 SPRING HILL: £18,000 (Sold on 19 Nov 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1PE 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£64,7001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£159,950 £1,006 1
2010£170,0001
2009£85,0001
2001£40,000 £353 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2010£72,0001
1997£18,0001

All the Sales in the SPRING HILL, PO38 1PE

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

AddressSold DatePrice% Change
3 SPRING HILLOther, Leasehold07 Apr 2021£64,700First Sale
7A SPRING HILLFlat, LeaseholdArea: 159 Sq.mtrAge: before 190021 Dec 2015£159,950299.88%
31 Aug 2001£40,000First Sale
SPRING HILL VIEW GROVE ROADFlat, Leasehold09 Jun 2010£170,000100.00%
18 Nov 2009£85,000First Sale
5 SPRING HILLTerraced, Freehold04 Jun 2010£72,000300.00%
19 Nov 1997£18,000First Sale

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

SPRING HILL, PO38 1PE Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £134,450 median price is £125,000 Standard Deviation is £86,871 with Total Sold: 626
    • The Last 5 Year average price is £226,895 with Total Sold: 73
    • The most recent sale happened at this postcode is , 8 ST CATHERINES VIEW: £214,950 (Sold on 13 Sep 2024)
    • The first recorded sale happened at this postcode is , 5 PIER STREET: £37,000 (Sold on 13 Feb 1995)
  • Flat
    • The average price is around £119,999 median price is £105,000 Standard Deviation is £85,616 with Total Sold: 1,192
    • The Last 5 Year average price is £192,893 with Total Sold: 141
    • 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 , 149A HIGH STREET: £43,000 (Sold on 03 Jan 1995)
  • Semi-Detached
    • The average price is around £162,122 median price is £145,000 Standard Deviation is £105,204 with Total Sold: 409
    • The Last 5 Year average price is £302,329 with Total Sold: 50
    • The most recent sale happened at this postcode is , 8 ALTOFTS GARDENS: £485,000 (Sold on 24 Jun 2024)
    • The first recorded sale happened at this postcode is , 46 ALBERT STREET: £17,000 (Sold on 03 Feb 1995)
  • Detached
    • The average price is around £244,117 median price is £215,000 Standard Deviation is £196,942 with Total Sold: 225
    • The Last 5 Year average price is £430,559 with Total Sold: 34
    • The most recent sale happened at this postcode is , 22 MADEIRA ROAD: £505,000 (Sold on 13 Jun 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 £263,180 median price is £181,999 Standard Deviation is £351,861 with Total Sold: 72
    • The Last 5 Year average price is £336,641 with Total Sold: 35
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£201,862 £2,548 4
2023£238,857 £3,481 14
2022£233,450 £3,244 14
2021£202,217 £2,632 23
2020£249,590 £2,208 18
2019£174,318 £2,236 11
2018£198,278 £2,157 18
2017£182,450 £2,504 23
2016£169,381 £2,135 21
2015£163,752 £2,027 23
2014£159,558 £2,045 30
2013£146,813 £1,977 19
2012£166,233 £2,064 15
2011£176,139 £2,189 18
2010£152,655 £2,012 19
2009£146,333 £2,104 12
2008£159,417 £1,899 18
2007£155,263 £1,833 30
2006£159,327 £2,001 26
2005£148,403 £1,819 16
2004£145,603 £1,569 19
2003£118,553 £1,400 29
2002£112,548 £1,082 26
2001£75,621 £849 27
2000£69,892 £824 30
1999£51,794 £722 32
1998£44,737 £581 26
1997£37,613 £442 30
1996£35,808 £356 20
1995£48,067 £558 15
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£289,000 £4,493 7
2023£200,333 £2,901 21
2022£179,307 £2,711 38
2021£196,420 £2,667 49
2020£174,220 £2,628 26
2019£166,884 £2,240 43
2018£151,014 £2,235 35
2017£144,324 £2,111 33
2016£161,736 £2,339 38
2015£121,753 £1,888 58
2014£153,454 £2,054 38
2013£132,974 £1,761 23
2012£132,317 £1,929 21
2011£119,660 £1,820 25
2010£165,185 £2,405 32
2009£161,304 £2,525 23
2008£134,650 £2,102 34
2007£149,128 £2,149 64
2006£169,315 £2,150 70
2005£135,560 £1,831 62
2004£116,083 £1,922 69
2003£85,288 £1,310 41
2002£70,451 £1,059 56
2001£57,411 £795 51
2000£44,304 £632 60
1999£41,392 £583 35
1998£39,063 £574 52
1997£39,091 £438 28
1996£29,776 £473 38
1995£28,650 £412 22
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,0001
2023£290,400 £3,447 10
2022£312,500 £2,960 12
2021£319,500 £2,471 16
2020£260,495 £2,507 11
2019£191,267 £2,154 15
2018£218,111 £1,945 9
2017£186,583 £2,123 12
2016£177,593 £1,843 14
2015£172,464 £2,153 14
2014£185,768 £2,017 14
2013£174,643 £1,606 7
2012£225,844 £2,346 8
2011£196,645 £1,746 10
2010£170,344 £1,849 16
2009£186,455 £1,981 11
2008£174,773 £2,057 11
2007£193,150 £1,825 20
2006£215,842 £1,785 19
2005£173,728 £1,938 16
2004£170,335 £1,489 17
2003£117,577 £1,580 13
2002£126,542 £1,117 24
2001£81,600 £808 15
2000£77,712 £705 21
1999£77,115 £661 13
1998£56,441 £524 17
1997£48,564 £439 24
1996£38,607 £345 14
1995£39,100 £343 5
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,000 £1,686 2
2023£704,667 £3,143 6
2022£373,000 £3,160 5
2021£400,923 £3,477 13
2020£335,500 £3,865 8
2019£398,250 £3,141 6
2018£261,700 £2,716 10
2017£371,667 £3,115 3
2016£331,250 £3,360 10
2015£278,571 £2,491 7
2014£279,312 £2,387 8
2013£241,843 £1,993 6
2012£233,917 £2,295 6
2011£277,500 £2,522 4
2010£458,000 £3,792 2
2009£226,667 £1,496 3
2008£237,3333
2007£300,621 £2,268 12
2006£289,778 £1,935 9
2005£277,828 £3,939 9
2004£251,064 £2,007 7
2003£216,682 £1,319 11
2002£194,389 £1,137 9
2001£128,417 £691 6
2000£126,667 £768 6
1999£102,250 £749 12
1998£83,300 £528 8
1997£72,993 £963 14
1996£79,800 £527 12
1995£48,312 £379 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,0001
2023£258,556 £1,960 9
2022£616,333 £2,254 3
2021£222,834 £1,667 12
2020£474,142 £2,004 10
2019£179,1437
2018£208,333 £2,812 9
2017£133,696 £3,258 10
2016£290,452 £2,054 8
2015£79,0001
2014£240,0001
2013£58,0001

House Type in PO38 1PE area

The most common house types in the PO38 1PE postcode area are Flat (27), Shared house (27), and Detached (22).

Total122
Flat27
Shared house27
Detached22
Semi-detached17
Terraced16
converted building11
commercial building1
temporary structure1

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (50), and Private rented: Private landlord or letting agency (42).

Owned: Owns outright50
Private rented: Private landlord or letting agency42
Social rented: Other social rented15
Owned: Owns with a mortgage or loan11
Shared ownership: Shared ownership2
Social rented: Rents from council or Local Authority1
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the PO38 1PE have 1 person in household (55), and 2 people in household (46).

1 person in household55
2 people in household46
3 people in household11
4 people in household9
5 people in household1
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0