Housing Market Analysis for MADEIRA ROAD, PO38 1QT

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

Overview of Sold House prices

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

  • Other
    • The average price is around £713,000 median price is £713,000 Standard Deviation is £2,000 with Total Sold: 2
    • The Last 5 Year average price is £715,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 54 MADEIRA ROAD: £715,000 (Sold on 14 May 2021)
    • The first recorded sale happened at this postcode is 54 MADEIRA ROAD: £711,000 (Sold on 21 Dec 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1QT 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£715,0001
2017£711,0001

All the Sales in the MADEIRA ROAD, PO38 1QT

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

AddressSold DatePrice% Change
54 MADEIRA ROADOther, Freehold14 May 2021£715,0000.56%
21 Dec 2017£711,000First Sale

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

MADEIRA ROAD, PO38 1QT Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £129,067 median price is £121,250 Standard Deviation is £112,142 with Total Sold: 326
    • The Last 5 Year average price is £256,578 with Total Sold: 33
    • 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)
  • Other
    • The average price is around £373,419 median price is £167,750 Standard Deviation is £551,191 with Total Sold: 32
    • The Last 5 Year average price is £446,930 with Total Sold: 17
    • The most recent sale happened at this postcode is , PULPIT ROCK THE PITTS: £2,600,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , WESTFIELD LODGE SHORE ROAD: £1,175,000 (Sold on 19 Jun 2014)
  • Detached
    • The average price is around £308,734 median price is £250,000 Standard Deviation is £230,789 with Total Sold: 237
    • The Last 5 Year average price is £589,145 with Total Sold: 31
    • 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)
  • Flat
    • The average price is around £110,771 median price is £97,000 Standard Deviation is £71,765 with Total Sold: 584
    • The Last 5 Year average price is £181,841 with Total Sold: 86
    • The most recent sale happened at this postcode is FLAT 4, OLD CHURCH, 138 HIGH STREET: £200,000 (Sold on 31 May 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 £166,305 median price is £140,000 Standard Deviation is £120,799 with Total Sold: 248
    • The Last 5 Year average price is £326,180 with Total Sold: 28
    • The most recent sale happened at this postcode is , 32 WEST STREET: £290,000 (Sold on 14 Jul 2023)
    • The first recorded sale happened at this postcode is , PEACOCK COTTAGE BONCHURCH VILLAGE ROAD: £80,000 (Sold on 21 Feb 1995)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,225 £3,221 2
2023£269,000 £3,033 6
2022£214,166 £2,617 3
2021£321,958 £3,184 12
2020£196,462 £1,989 10
2019£161,833 £2,302 6
2018£225,062 £1,924 8
2017£176,556 £2,468 9
2016£160,773 £1,988 11
2015£161,164 £2,086 11
2014£142,417 £1,815 15
2013£154,148 £2,086 12
2012£127,172 £1,953 9
2011£184,700 £2,004 10
2010£169,407 £1,860 12
2009£156,667 £2,797 3
2008£151,384 £1,699 11
2007£155,779 £2,131 14
2006£139,917 £1,476 9
2005£162,024 £1,732 8
2004£128,246 £1,263 14
2003£107,833 £1,405 12
2002£113,545 £1,018 11
2001£73,658 £977 16
2000£65,236 £835 18
1999£47,125 £660 24
1998£39,333 £532 18
1997£47,746 £523 12
1996£38,293 £392 15
1995£29,500 £494 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,600,0001
2023£199,200 £1,960 5
2022£275,800 £3,747 5
2021£741,935 £13 3
2020£132,3333
2019£153,000 £1,417 4
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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,000 £1,686 2
2023£710,000 £5,875 6
2022£646,429 £4,849 7
2021£570,045 £4,161 11
2020£511,600 £3,518 5
2019£400,333 £3,068 6
2018£440,556 £3,521 9
2017£430,800 £3,305 5
2016£392,143 £2,658 7
2015£437,500 £2,670 4
2014£354,083 £2,774 6
2013£348,760 £2,353 6
2012£443,571 £2,496 7
2011£498,250 £2,473 4
2010£371,557 £2,858 7
2009£358,583 £3,082 6
2008£297,9884
2007£327,304 £2,094 13
2006£323,814 £2,197 11
2005£283,400 £1,996 5
2004£273,033 £1,974 12
2003£218,532 £2,183 14
2002£248,600 £1,878 5
2001£177,577 £1,115 13
2000£171,350 £977 10
1999£162,409 £976 17
1998£114,238 £631 8
1997£85,833 £683 9
1996£75,806 £779 8
1995£74,250 £726 10
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£216,875 £2,505 4
2023£232,438 £2,945 8
2022£180,348 £2,480 30
2021£180,318 £2,460 25
2020£157,521 £2,205 19
2019£167,357 £1,912 14
2018£133,542 £2,047 12
2017£163,589 £2,247 14
2016£162,421 £2,184 19
2015£151,029 £1,884 17
2014£143,500 £1,962 10
2013£126,472 £1,810 18
2012£115,417 £1,628 12
2011£134,400 £1,782 20
2010£155,708 £2,069 10
2009£120,400 £1,950 10
2008£144,691 £2,308 16
2007£129,753 £1,886 24
2006£142,190 £2,061 25
2005£117,641 £2,050 22
2004£113,348 £1,707 30
2003£74,631 £1,119 27
2002£65,178 £999 36
2001£68,165 £875 30
2000£52,170 £717 32
1999£43,540 £586 36
1998£32,306 £494 23
1997£25,038 £329 12
1996£33,997 £414 18
1995£31,455 £350 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£359,000 £2,703 4
2022£340,000 £3,042 4
2021£353,799 £2,291 12
2020£261,431 £2,100 8
2019£180,500 £1,928 10
2018£199,300 £1,736 5
2017£205,875 £2,213 8
2016£136,225 £1,940 8
2015£213,667 £2,048 9
2014£247,250 £1,813 12
2013£165,200 £1,079 5
2012£244,200 £2,499 5
2011£180,250 £1,854 6
2010£147,773 £1,725 11
2009£196,450 £1,686 10
2008£222,862 £2,241 4
2007£203,000 £1,666 9
2006£224,688 £1,612 8
2005£212,643 £1,385 7
2004£153,035 £1,520 10
2003£144,774 £1,635 10
2002£128,387 £968 15
2001£87,500 £963 10
2000£76,125 £717 12
1999£68,745 £677 11
1998£53,091 £575 11
1997£32,894 £409 12
1996£26,750 £295 6
1995£61,917 £662 6

House Type in PO38 1QT area

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