Housing Market Analysis for MADEIRA ROAD, PO38 1QP

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £204,550 median price is £210,000 Standard Deviation is £64,825 with Total Sold: 9
    • The Last 5 Year average price is £261,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 12 MADEIRA ROAD: £240,000 (Sold on 23 Mar 2021)
    • The first recorded sale happened at this postcode is 10 MADEIRA ROAD: £55,000 (Sold on 21 Mar 1997)
  • Flat
    • The average price is around £109,732 median price is £96,587 Standard Deviation is £51,992 with Total Sold: 15
    • The Last 5 Year average price is £198,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 1B MADEIRA ROAD: £192,500 (Sold on 22 Jan 2021)
    • The first recorded sale happened at this postcode is 3C MADEIRA ROAD: £26,000 (Sold on 23 Oct 1996)
  • Detached
    • The average price is around £298,009 median price is £218,560 Standard Deviation is £121,838 with Total Sold: 7
    • The Last 5 Year average price is £466,250 with Total Sold: 2
    • The most recent sale happened at this postcode is 22 MADEIRA ROAD: £427,500 (Sold on 14 Oct 2019)
    • The first recorded sale happened at this postcode is 22 MADEIRA ROAD: £505,000 (Sold on 13 Jun 2024)
  • Terraced
    • The average price is around £102,500 median price is £102,500 Standard Deviation is £32,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 4 MADEIRA ROAD: £135,000 (Sold on 03 May 2002)
    • The first recorded sale happened at this postcode is 4 MADEIRA ROAD: £70,000 (Sold on 09 Mar 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1QP 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£240,000 £1,548 1
2019£282,000 £2,074 1
2018£192,500 £1,242 1
2017£210,000 £1,511 1
2007£268,500 £1,778 1
2006£240,000 £1,589 1
2004£199,950 £1,324 1
2002£153,000 £1,013 1
1997£55,000 £364 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£192,500 £1,750 1
2019£205,000 £1,522 1
2015£133,000 £1,255 1
2013£110,000 £1,068 1
2011£122,500 £1,411 2
2007£131,000 £1,048 1
2005£164,000 £1,491 1
2003£94,294 £980 2
2002£70,317 £747 3
1999£39,9501
1996£26,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£427,500 £3,288 1
2016£360,000 £2,769 1
2013£218,560 £1,681 1
2008£200,0001
2003£187,5002
2024£505,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£135,0001
2001£70,0001

All the Sales in the MADEIRA ROAD, PO38 1QP

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

AddressSold DatePrice% Change
12 MADEIRA ROADSemi-Detached, FreeholdArea: 155 Sq.mtrAge: before 190023 Mar 2021£240,00024.68%
03 May 2018£192,500First Sale
1B MADEIRA ROADFlat, LeaseholdArea: 110 Sq.mtrAge: before 190022 Jan 2021£192,50017.38%
21 Apr 2005£164,00088.51%
28 Mar 2002£87,000First Sale
22 MADEIRA ROADDetached, FreeholdArea: 130 Sq.mtrAge: 1900-192914 Oct 2019£427,50018.75%
30 Mar 2016£360,00064.71%
26 Apr 2013£218,560-56.72%
13 Jun 2024£505,000First Sale
5C MADEIRA ROADFlat, LeaseholdArea: 134.67 Sq.mtrAge: 1967-197511 Oct 2019£205,00028.12%
02 Sep 2011£160,00065.65%
12 Sep 2003£96,587First Sale
16 MADEIRA ROADSemi-Detached, FreeholdArea: 136 Sq.mtrAge: 1900-192909 Aug 2019£282,000First Sale
14 MADEIRA ROADSemi-Detached, FreeholdArea: 139 Sq.mtrAge: 1900-192927 Feb 2017£210,000First Sale
1A MADEIRA ROADFlat, LeaseholdArea: 106 Sq.mtrAge: before 190019 Jun 2015£133,000First Sale
3A MADEIRA ROADFlat, LeaseholdArea: 103 Sq.mtrAge: before 190031 Jul 2013£110,000First Sale
8B MADEIRA ROADFlat, LeaseholdArea: 52 Sq.mtrAge: 1930-194921 Jan 2011£85,000First Sale
20B MADEIRA ROADDetached, Freehold04 Apr 2008£200,000First Sale
10 MADEIRA ROADSemi-Detached, FreeholdArea: 151 Sq.mtrAge: 1930-194930 Nov 2007£268,50011.88%
03 Nov 2006£240,00020.03%
20 Jul 2004£199,95030.69%
02 Dec 2002£153,000178.18%
21 Mar 1997£55,000First Sale
5A MADEIRA ROADFlat, LeaseholdArea: 125 Sq.mtrAge: before 190005 Oct 2007£131,000First Sale
26 MADEIRA ROADDetached, Freehold14 Nov 2003£180,000First Sale
6 MADEIRA ROADDetached, Freehold02 Jun 2003£195,000First Sale
8A MADEIRA ROADFlat, LeaseholdArea: 74 Sq.mtrAge: 1900-192909 May 2003£92,00033.43%
19 Feb 2002£68,950First Sale
3B MADEIRA ROADFlat, LeaseholdArea: 106 Sq.mtrAge: 1900-192906 Jun 2002£55,000First Sale
4 MADEIRA ROADTerraced, Freehold03 May 2002£135,00092.86%
09 Mar 2001£70,000First Sale
1C MADEIRA ROADFlat, Leasehold10 Jun 1999£39,950First Sale
3C MADEIRA ROADFlat, Leasehold23 Oct 1996£26,000First Sale

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

MADEIRA ROAD, PO38 1QP Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £127,400 median price is £120,000 Standard Deviation is £85,789 with Total Sold: 578
    • The Last 5 Year average price is £220,725 with Total Sold: 67
    • 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 £97,474 median price is £85,000 Standard Deviation is £63,906 with Total Sold: 999
    • The Last 5 Year average price is £161,767 with Total Sold: 151
    • 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 £157,851 median price is £137,500 Standard Deviation is £108,795 with Total Sold: 341
    • The Last 5 Year average price is £276,348 with Total Sold: 53
    • 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 £273,961 median price is £225,000 Standard Deviation is £230,548 with Total Sold: 215
    • The Last 5 Year average price is £555,621 with Total Sold: 33
    • 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 £251,380 median price is £163,750 Standard Deviation is £321,593 with Total Sold: 60
    • The Last 5 Year average price is £270,257 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 , 12 - 20 ALBERT STREET: £240,000 (Sold on 01 Apr 2014)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£201,862 £2,548 4
2023£238,545 £3,208 11
2022£229,055 £3,397 9
2021£208,917 £2,791 18
2020£250,164 £2,161 16
2019£170,278 £2,026 9
2018£224,500 £1,979 13
2017£171,160 £2,377 21
2016£159,316 £1,983 19
2015£169,690 £2,060 20
2014£164,010 £1,894 26
2013£145,179 £2,015 18
2012£156,896 £1,981 14
2011£165,167 £2,147 15
2010£146,755 £1,844 17
2009£158,611 £2,279 9
2008£157,921 £1,673 16
2007£152,811 £1,896 27
2006£151,461 £1,582 19
2005£153,106 £1,788 16
2004£131,418 £1,532 19
2003£121,965 £1,224 26
2002£110,639 £1,082 27
2001£73,318 £819 26
2000£67,883 £846 32
1999£50,171 £651 38
1998£41,927 £567 32
1997£37,443 £448 27
1996£39,295 £388 20
1995£48,714 £507 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£192,250 £2,460 6
2023£165,312 £2,483 16
2022£164,973 £2,327 39
2021£179,742 £2,479 37
2020£148,596 £2,163 25
2019£136,750 £2,014 28
2018£118,000 £1,884 23
2017£137,353 £2,110 29
2016£142,450 £2,073 31
2015£114,298 £1,735 46
2014£122,054 £1,894 25
2013£113,134 £1,629 22
2012£104,689 £1,633 22
2011£118,420 £1,699 25
2010£126,794 £1,815 17
2009£113,818 £1,737 11
2008£125,603 £2,026 30
2007£118,946 £2,013 54
2006£113,554 £1,905 44
2005£101,461 £1,708 45
2004£93,775 £1,621 53
2003£73,537 £1,153 42
2002£65,819 £925 59
2001£54,852 £755 51
2000£43,072 £593 57
1999£40,842 £554 43
1998£32,137 £518 47
1997£31,983 £353 27
1996£28,805 £377 31
1995£28,300 £340 14
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,0001
2023£308,750 £3,079 8
2022£336,667 £3,092 6
2021£325,533 £2,440 15
2020£244,845 £2,172 10
2019£180,000 £2,145 13
2018£202,286 £1,847 7
2017£203,000 £2,037 12
2016£145,845 £1,698 11
2015£187,364 £1,978 11
2014£195,896 £1,870 12
2013£149,286 £1,408 7
2012£232,571 £2,196 7
2011£198,306 £1,857 8
2010£155,231 £1,652 13
2009£182,308 £1,944 13
2008£172,181 £1,600 8
2007£196,647 £1,904 17
2006£215,125 £1,819 12
2005£170,450 £1,682 10
2004£156,957 £1,399 15
2003£122,125 £1,545 12
2002£112,298 £932 21
2001£83,929 £804 14
2000£79,298 £709 20
1999£64,017 £682 12
1998£56,000 £526 13
1997£40,188 £423 19
1996£26,250 £330 8
1995£41,667 £343 6
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,000 £1,686 2
2023£857,857 £3,794 7
2022£465,000 £4,600 5
2021£539,050 £3,387 10
2020£410,750 £2,269 4
2019£464,400 £3,055 5
2018£358,333 £2,579 6
2017£341,667 £2,670 3
2016£371,667 £2,636 9
2015£231,600 £2,457 5
2014£272,917 £2,676 6
2013£335,427 £2,028 6
2012£401,000 £1,738 5
2011£290,000 £2,716 3
2010£366,825 £2,751 6
2009£200,000 £1,439 1
2008£302,9884
2007£283,060 £2,005 15
2006£297,455 £1,947 11
2005£278,500 £1,996 4
2004£242,267 £1,877 9
2003£246,333 £1,409 12
2002£211,000 £1,632 6
2001£162,045 £1,109 11
2000£150,542 £862 12
1999£121,788 £756 12
1998£87,878 £541 9
1997£79,538 £1,074 12
1996£83,157 £585 7
1995£42,250 £259 8
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,0001
2023£208,000 £1,960 7
2022£275,800 £3,747 5
2021£350,500 £40 11
2020£312,250 £17 6
2019£140,800 £1,771 5
2018£88,200 £2,563 5
2017£165,796 £2,102 10
2016£142,635 £2,054 6
2015£79,0001
2014£863,333 £13,313 3

House Type in PO38 1QP area

The most common house types in the PO38 1QP postcode area are Shared house (50), Flat (29), and Detached (22).

Total142
Shared house50
Flat29
Detached22
Semi-detached20
converted building16
Terraced5
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (74), and Private rented: Private landlord or letting agency (35).

Owned: Owns outright74
Private rented: Private landlord or letting agency35
Owned: Owns with a mortgage or loan25
Social rented: Other social rented4
Private rented: Other private rented3
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 1QP have 1 person in household (72), and 2 people in household (54).

1 person in household72
2 people in household54
4 people in household6
3 people in household5
5 people in household3
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0