Housing Market Analysis for MADEIRA ROAD, PO38 1QS

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

Overview of Sold House prices

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

Flat
- The average price is around £144,382 median price is £135,000 Standard Deviation is £85,994 with Total Sold: 43
- The Last 5 Year average price is £248,833 with Total Sold: 6
- The most recent sale happened at this postcode is FLAT 4, 36 MADEIRA ROAD: £275,000 (Sold on 19 Dec 2022)
- The first recorded sale happened at this postcode is 38A MADEIRA ROAD: £380,000 (Sold on 09 Feb 2024)
Semi-Detached
- The average price is around £199,559 median price is £103,000 Standard Deviation is £167,424 with Total Sold: 11
- The Last 5 Year average price is £400,000 with Total Sold: 2
- The most recent sale happened at this postcode is 17 MADEIRA ROAD: £485,000 (Sold on 29 Mar 2021)
- The first recorded sale happened at this postcode is 21 MADEIRA ROAD: £22,000 (Sold on 19 Nov 1997)
Detached
- The average price is around £155,625 median price is £150,250 Standard Deviation is £121,097 with Total Sold: 4
- The most recent sale happened at this postcode is 35 MADEIRA ROAD: £300,000 (Sold on 13 Aug 2014)
- The first recorded sale happened at this postcode is 27 MADEIRA ROAD: £22,000 (Sold on 10 Mar 1995)
Terraced
- The average price is around £171,875 median price is £171,875 Standard Deviation is £78,125 with Total Sold: 2
- The most recent sale happened at this postcode is 12, ST JOSEPHS, 29 MADEIRA ROAD: £250,000 (Sold on 28 Aug 2008)
- The first recorded sale happened at this postcode is 44 MADEIRA ROAD: £93,750 (Sold on 16 Aug 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1QS 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£322,500	£3,699	2
2020	£156,000	£1,929	3
2019	£187,500	£2,395	2
2017	£220,000	£2,502	2
2016	£170,000	£1,753	1
2015	£187,500	£1,845	2
2014	£210,000	£1,909	1
2013	£105,833	£1,210	3
2011	£164,837	£1,664	3
2008	£173,750		4
2007	£198,750	£1,570	2
2006	£169,950	£1,734	1
2005	£163,950	£2,083	1
2003	£99,000	£1,258	1
2002	£86,250	£842	4
2000	£63,500	£815	3
1999	£57,000	£992	1
1998	£43,500	£562	3
1995	£28,333	£224	3
2024	£380,000	£2,923	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£485,000		1
2020	£315,000	£1,043	1
2017	£525,000	£2,763	1
2014	£250,000	£1,534	1
2013	£70,000	£707	1
2004	£199,950	£1,227	1
1999	£82,050	£796	4
1997	£22,000	£135	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£300,000	£1,123	1
2005	£250,000		1
1995	£36,250	£80	2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£250,000		1
2006	£93,750		1

All the Sales in the MADEIRA ROAD, PO38 1QS

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

Address	Sold Date	Price	% Change
FLAT 4, 36 MADEIRA ROADFlat, LeaseholdArea: 63 Sq.mtrAge: 1900-1929	19 Dec 2022	£275,000	61.76%
	09 Dec 2019	£170,000	21.43%
	09 Nov 2015	£140,000	169.23%
	04 Jul 2000	£52,000	126.09%
	30 May 1995	£23,000	First Sale
38B MADEIRA ROADFlat, LeaseholdArea: 122 Sq.mtrAge: 1900-1929	18 Oct 2022	£370,000	First Sale
17 MADEIRA ROADSemi-Detached, Freehold	29 Mar 2021	£485,000	First Sale
33 MADEIRA ROADSemi-Detached, FreeholdArea: 302 Sq.mtrAge: before 1900	10 Dec 2020	£315,000	266.28%
	04 May 1999	£86,000	First Sale
25A MADEIRA ROADFlat, LeaseholdArea: 115 Sq.mtrAge: 1900-1929	16 Nov 2020	£133,000	First Sale
19 MADEIRA ROADFlat, LeaseholdArea: 101 Sq.mtrAge: before 1900	25 Mar 2020	£205,000	256.52%
	21 Feb 2013	£57,500	First Sale
42C MADEIRA ROADFlat, LeaseholdArea: 50 Sq.mtrAge: before 1900	27 Jan 2020	£130,000	188.89%
	14 Apr 2000	£45,000	First Sale
40A MADEIRA ROADFlat, LeaseholdArea: 98 Sq.mtrAge: before 1900	06 Dec 2019	£205,000	20.62%
	22 Sep 2006	£169,950	672.50%
	06 Apr 1995	£22,000	First Sale
37B MADEIRA ROADFlat, LeaseholdArea: 129 Sq.mtrAge: before 1900	27 Oct 2017	£275,000	35.80%
	16 Apr 2007	£202,500	First Sale
FLAT 2, 36 MADEIRA ROADFlat, LeaseholdArea: 57.44 Sq.mtrAge: before 1900	10 Aug 2017	£165,000	-15.38%
	04 May 2007	£195,000	105.26%
	25 Oct 2002	£95,000	66.67%
	16 Apr 1999	£57,000	First Sale
35A MADEIRA ROADSemi-Detached, FreeholdArea: 190 Sq.mtr	24 Jul 2017	£525,000	409.71%
35A MADEIRA ROADSemi-Detached, FreeholdArea: 190 Sq.mtr	20 May 1999	£103,000	First Sale
40C MADEIRA ROADFlat, LeaseholdArea: 97 Sq.mtrAge: before 1900	01 Jul 2016	£170,000	120.78%
	07 Jun 2002	£77,000	First Sale
FLAT 1, 36 MADEIRA ROADFlat, LeaseholdArea: 160.02 Sq.mtrAge: before 1900	23 Apr 2015	£235,000	128.16%
	29 Aug 2002	£103,000	151.22%
	16 Nov 1998	£41,000	First Sale
37A MADEIRA ROADFlat, LeaseholdArea: 110 Sq.mtrAge: before 1900	10 Oct 2014	£210,000	First Sale
35 MADEIRA ROADDetached, FreeholdArea: 267.2 Sq.mtrAge: 1900-1929	13 Aug 2014	£300,000	First Sale
21 MADEIRA ROADSemi-Detached, FreeholdArea: 163 Sq.mtrAge: before 1900	18 Jul 2014	£250,000	25.03%
	20 Jan 2004	£199,950	124.16%
	30 Apr 1999	£89,200	305.45%
	19 Nov 1997	£22,000	First Sale
40F MADEIRA ROADFlat, LeaseholdArea: 93 Sq.mtrAge: before 1900	07 Nov 2013	£125,000	First Sale
42B MADEIRA ROADFlat, LeaseholdArea: 78.7 Sq.mtrAge: before 1900	17 Oct 2013	£135,000	29.11%
	14 Dec 2011	£104,560	-36.22%
	01 Apr 2005	£163,950	65.61%
	07 Mar 2003	£99,000	41.43%
	31 Jan 2002	£70,000	86.67%
	16 Mar 1998	£37,500	First Sale
19A MADEIRA ROADSemi-Detached, FreeholdArea: 99 Sq.mtrAge: before 1900	30 Jul 2013	£70,000	First Sale
42A MADEIRA ROADFlat, LeaseholdArea: 80.39 Sq.mtrAge: before 1900	22 Dec 2011	£140,000	169.23%
	17 Jun 1998	£52,000	First Sale
38A MADEIRA ROADFlat, LeaseholdArea: 130 Sq.mtrAge: before 1900	13 Dec 2011	£249,950	167.33%
	11 Sep 2000	£93,500	-75.39%
	09 Feb 2024	£380,000	First Sale
APARTMENT 4, ST JOSEPHS, 29 MADEIRA ROADFlat, Leasehold	13 Oct 2008	£175,000	First Sale
APARTMENT 3, ST JOSEPHS MADEIRA ROADFlat, Leasehold	10 Oct 2008	£205,000	First Sale
APARTMENT 8, ST JOSEPHS, 29 MADEIRA ROADFlat, Leasehold	11 Sep 2008	£100,000	First Sale
12, ST JOSEPHS, 29 MADEIRA ROADTerraced, Freehold	28 Aug 2008	£250,000	First Sale
APARTMENT 2, ST JOSEPHS, 29 MADEIRA ROADFlat, Leasehold	31 Jan 2008	£215,000	First Sale
44 MADEIRA ROADTerraced, Freehold	16 Aug 2006	£93,750	First Sale
31 MADEIRA ROADDetached, Freehold	10 Aug 2005	£250,000	395.05%
31 MADEIRA ROADDetached, Freehold	15 May 1995	£50,500	First Sale
FLAT 1, 17 MADEIRA ROADSemi-Detached, FreeholdArea: 27.6 Sq.mtrAge: before 1900	31 Mar 1999	£50,000	First Sale
27 MADEIRA ROADDetached, FreeholdArea: 274 Sq.mtrAge: before 1900	10 Mar 1995	£22,000	First Sale
44A MADEIRA ROADFlat, Leasehold	31 Jan 1995	£40,000	First Sale

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

MADEIRA ROAD, PO38 1QS Near By properties

Interactive Map

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

Terraced
- The average price is around £127,512 median price is £120,000 Standard Deviation is £85,881 with Total Sold: 425
- The Last 5 Year average price is £220,397 with Total Sold: 43
- 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 , 56 ST CATHERINE STREET: £36,000 (Sold on 09 Jun 1995)
Flat
- The average price is around £102,778 median price is £93,000 Standard Deviation is £66,268 with Total Sold: 778
- The Last 5 Year average price is £168,966 with Total Sold: 109
- 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 £161,186 median price is £137,500 Standard Deviation is £113,184 with Total Sold: 281
- The Last 5 Year average price is £322,358 with Total Sold: 32
- 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 , 19 SPRING HILL: £65,500 (Sold on 21 Feb 1995)
Detached
- The average price is around £269,386 median price is £230,000 Standard Deviation is £191,853 with Total Sold: 214
- The Last 5 Year average price is £509,431 with Total Sold: 29
- 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 , 27 MADEIRA ROAD: £22,000 (Sold on 10 Mar 1995)
Other
- The average price is around £312,498 median price is £169,000 Standard Deviation is £379,527 with Total Sold: 32
- The Last 5 Year average price is £320,711 with Total Sold: 18
- The most recent sale happened at this postcode is , 19 VENTNOR HOLIDAY VILLAS: £192,000 (Sold on 31 Oct 2023)
- The first recorded sale happened at this postcode is , WESTFIELD LODGE SHORE ROAD: £1,175,000 (Sold on 19 Jun 2014)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£217,483	£2,548	3
2023	£236,750	£2,965	8
2022	£225,625	£3,178	4
2021	£200,536	£2,719	14
2020	£230,045	£2,055	14
2019	£178,000	£2,217	6
2018	£232,591	£1,801	11
2017	£168,808	£2,357	13
2016	£159,633	£1,996	15
2015	£171,057	£1,953	14
2014	£165,417	£1,828	21
2013	£142,601	£1,977	17
2012	£157,879	£1,771	12
2011	£179,200	£1,962	10
2010	£159,403	£1,803	12
2009	£165,000	£2,208	5
2008	£149,115	£1,673	15
2007	£156,320	£2,048	20
2006	£137,932	£1,476	11
2005	£144,577	£1,732	9
2004	£125,409	£1,451	17
2003	£118,600	£1,216	15
2002	£130,235	£992	17
2001	£78,037	£868	21
2000	£67,810	£889	25
1999	£47,594	£633	32
1998	£40,950	£512	20
1997	£40,247	£528	16
1996	£39,171	£388	17
1995	£44,591	£446	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£192,250	£2,460	6
2023	£174,750	£2,698	12
2022	£163,527	£2,324	35
2021	£182,074	£2,474	33
2020	£149,343	£2,160	23
2019	£131,795	£1,759	22
2018	£120,706	£1,982	17
2017	£139,510	£2,083	24
2016	£142,391	£2,052	28
2015	£115,008	£1,788	33
2014	£129,547	£2,027	19
2013	£120,868	£1,662	19
2012	£107,814	£1,551	18
2011	£131,500	£1,761	21
2010	£124,754	£1,876	12
2009	£120,056	£1,737	9
2008	£131,469	£2,008	21
2007	£120,407	£2,096	42
2006	£113,326	£1,929	35
2005	£103,170	£1,795	40
2004	£107,117	£1,628	38
2003	£75,468	£1,042	30
2002	£65,303	£937	44
2001	£59,971	£827	36
2000	£46,749	£687	37
1999	£43,150	£579	38
1998	£34,324	£549	33
1997	£31,653	£311	16
1996	£31,644	£410	24
1995	£29,092	£340	13

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£485,000		1
2023	£359,000	£2,703	4
2022	£358,000	£3,031	5
2021	£332,538	£2,470	13
2020	£253,494	£2,095	9
2019	£179,750	£2,018	12
2018	£199,300	£1,736	5
2017	£214,000	£2,110	10
2016	£125,478	£1,714	9
2015	£186,000	£1,941	9
2014	£199,614	£1,758	11
2013	£149,286	£1,408	7
2012	£264,200	£2,339	5
2011	£193,779	£1,942	7
2010	£151,500	£1,652	12
2009	£194,050	£1,731	10
2008	£192,242	£1,827	6
2007	£201,692	£1,686	13
2006	£207,864	£1,819	11
2005	£183,643	£1,385	7
2004	£162,642	£1,365	13
2003	£126,550	£1,557	10
2002	£114,279	£926	17
2001	£83,250	£766	12
2000	£78,300	£704	15
1999	£66,200	£691	11
1998	£55,917	£526	12
1997	£39,198	£428	15
1996	£26,750	£295	6
1995	£53,250	£390	4

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,000	£1,686	2
2023	£682,000	£4,520	5
2022	£508,333	£4,487	6
2021	£498,550	£3,461	10
2020	£446,333	£3,323	6
2019	£444,500	£3,055	6
2018	£398,000	£3,131	5
2017	£384,667	£2,824	3
2016	£374,375	£2,636	8
2015	£231,600	£2,457	5
2014	£262,500	£2,837	5
2013	£325,366	£2,257	7
2012	£383,333	£2,114	6
2011	£185,000	£1,495	2
2010	£366,825	£2,751	6
2009	£242,500	£3,645	2
2008	£303,390		5
2007	£283,744	£2,005	16
2006	£288,278	£1,868	9
2005	£278,500	£1,996	4
2004	£245,640	£1,987	10
2003	£226,881	£2,116	13
2002	£219,400	£1,632	5
2001	£169,038	£1,223	13
2000	£152,864	£862	11
1999	£123,954	£871	12
1998	£93,862	£631	8
1997	£75,111	£1,010	9
1996	£72,350	£791	7
1995	£49,625	£296	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£211,833	£1,960	6
2022	£275,800	£3,747	5
2021	£681,451	£13	4
2020	£132,333		3
2019	£162,500	£1,771	3
2018	£76,000	£1,885	3
2017	£252,201	£2,408	4
2016	£76,406	£2,054	2
2014	£1,175,000	£13,313	2

House Type in PO38 1QS area

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

Total	142
Shared house	50
Flat	29
Detached	22
Semi-detached	20
converted building	16
Terraced	5
commercial building	0
temporary structure	0

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 outright	74
Private rented: Private landlord or letting agency	35
Owned: Owns with a mortgage or loan	25
Social rented: Other social rented	4
Private rented: Other private rented	3
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the PO38 1QS have 1 person in household (72), and 2 people in household (54).

1 person in household	72
2 people in household	54
4 people in household	6
3 people in household	5
5 people in household	3
0 people in household	0
6 people in household	0
7 people in household	0
8 or more people in household	0