Housing Market Analysis for MADEIRA VALE, PO38 1QU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £271,175 median price is £263,975 Standard Deviation is £106,003 with Total Sold: 8
    • The most recent sale happened at this postcode is BEECH CROFT MADEIRA VALE: £372,500 (Sold on 04 Dec 2014)
    • The first recorded sale happened at this postcode is TINTERN MADEIRA VALE: £77,000 (Sold on 07 Apr 1997)
  • Flat
    • The average price is around £42,000 median price is £42,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is FLAT 1, LITTLE ORCHARD MADEIRA VALE: £42,000 (Sold on 23 May 1995)
    • The first recorded sale happened at this postcode is FLAT 1, LITTLE ORCHARD MADEIRA VALE: £42,000 (Sold on 23 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1QU 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: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2014£372,500 £5,391 1
2010£384,975 £3,396 2
2007£299,950 £2,521 1
2006£207,000 £1,739 1
2003£228,0001
2001£215,000 £986 1
1997£77,000 £647 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
1995£42,000 £193 1

All the Sales in the MADEIRA VALE, PO38 1QU

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

AddressSold DatePrice% Change
BEECH CROFT MADEIRA VALEDetached, FreeholdArea: 69.1 Sq.mtrAge: 1950-196604 Dec 2014£372,50012.90%
29 Jun 2010£329,950First Sale
LITTLE ORCHARD MADEIRA VALEDetached, FreeholdArea: 218.12 Sq.mtrAge: before 190025 Jun 2010£440,000104.65%
05 Jul 2001£215,000First Sale
TINTERN MADEIRA VALEDetached, FreeholdArea: 119 Sq.mtrAge: 1967-197518 Jul 2007£299,95044.90%
16 Feb 2006£207,000168.83%
07 Apr 1997£77,000First Sale
BADGERS BEND MADEIRA VALEDetached, Freehold19 Dec 2003£228,000First Sale
FLAT 1, LITTLE ORCHARD MADEIRA VALEFlat, FreeholdArea: 218.12 Sq.mtrAge: before 190023 May 1995£42,000First Sale

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

MADEIRA VALE, PO38 1QU Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £126,761 median price is £122,500 Standard Deviation is £81,891 with Total Sold: 335
    • The Last 5 Year average price is £216,159 with Total Sold: 32
    • 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 £385,154 median price is £169,000 Standard Deviation is £549,762 with Total Sold: 32
    • The Last 5 Year average price is £449,878 with Total Sold: 18
    • 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 £286,574 median price is £240,000 Standard Deviation is £210,653 with Total Sold: 242
    • The Last 5 Year average price is £552,694 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 £105,067 median price is £91,500 Standard Deviation is £66,331 with Total Sold: 662
    • The Last 5 Year average price is £172,443 with Total Sold: 92
    • 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 £163,184 median price is £140,000 Standard Deviation is £114,747 with Total Sold: 276
    • The Last 5 Year average price is £320,195 with Total Sold: 31
    • 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£210,318 £2,768 11
2020£196,462 £1,989 10
2019£194,714 £2,217 7
2018£232,611 £1,836 9
2017£176,556 £2,468 9
2016£165,292 £2,001 12
2015£179,215 £2,012 13
2014£142,417 £1,815 15
2013£154,148 £2,086 12
2012£127,172 £1,953 9
2011£185,636 £2,004 11
2010£169,407 £1,860 12
2009£156,667 £2,797 3
2008£151,384 £1,699 11
2007£150,727 £2,131 15
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£75,325 £977 17
2000£65,236 £835 18
1999£47,040 £664 25
1998£39,333 £532 18
1997£48,688 £523 13
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£681,451 £13 4
2020£132,3333
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: 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£502,050 £4,043 10
2020£446,333 £3,323 6
2019£400,333 £3,068 6
2018£457,500 £3,131 6
2017£430,800 £3,305 5
2016£374,375 £2,636 8
2015£270,600 £2,639 5
2014£337,786 £2,810 7
2013£325,366 £2,257 7
2012£444,167 £2,209 6
2011£231,000 £2,479 3
2010£371,557 £2,858 7
2009£358,583 £3,082 6
2008£303,3905
2007£303,229 £2,089 17
2006£314,041 £2,190 11
2005£283,400 £1,996 5
2004£264,218 £1,974 11
2003£216,111 £2,183 13
2002£262,000 £2,000 4
2001£171,250 £1,115 14
2000£158,792 £862 12
1999£152,216 £956 16
1998£99,129 £631 7
1997£84,409 £976 11
1996£68,931 £720 8
1995£54,227 £607 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£216,875 £2,505 4
2023£197,500 £2,844 8
2022£176,627 £2,433 31
2021£167,998 £2,426 29
2020£153,495 £2,181 20
2019£154,300 £1,888 15
2018£123,367 £1,929 15
2017£145,697 £2,146 19
2016£148,290 £2,122 24
2015£137,857 £1,812 21
2014£125,639 £1,850 14
2013£118,139 £1,752 18
2012£109,309 £1,622 16
2011£131,500 £1,761 21
2010£146,005 £2,077 11
2009£120,400 £1,950 10
2008£135,669 £2,056 18
2007£123,268 £1,905 29
2006£116,972 £1,882 30
2005£107,377 £1,646 32
2004£110,596 £1,650 36
2003£75,415 £1,109 29
2002£65,036 £1,016 39
2001£63,953 £842 33
2000£47,014 £715 33
1999£43,201 £586 37
1998£32,279 £517 27
1997£25,038 £329 12
1996£33,155 £414 19
1995£30,579 £340 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£359,000 £2,703 4
2022£340,000 £3,042 4
2021£346,328 £2,284 14
2020£253,494 £2,095 9
2019£181,545 £1,942 11
2018£199,300 £1,736 5
2017£217,500 £2,065 10
2016£136,225 £1,940 8
2015£204,900 £1,986 10
2014£207,979 £1,758 12
2013£158,500 £1,362 6
2012£244,200 £2,499 5
2011£180,250 £1,854 6
2010£151,500 £1,652 12
2009£196,450 £1,686 10
2008£192,242 £1,827 6
2007£207,000 £1,731 11
2006£204,250 £1,787 10
2005£212,643 £1,385 7
2004£162,642 £1,365 13
2003£144,774 £1,635 10
2002£125,988 £968 16
2001£81,923 £808 13
2000£78,300 £704 15
1999£68,745 £677 11
1998£55,917 £526 12
1997£36,171 £420 13
1996£26,750 £295 6
1995£62,429 £594 7

House Type in PO38 1QU area

The most common house types in the PO38 1QU postcode area are Detached (50), Shared house (33), and Semi-detached (20).

Total119
Detached50
Shared house33
Semi-detached20
Terraced13
Flat3
converted building0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (68), and Owned: Owns with a mortgage or loan (26).

Owned: Owns outright68
Owned: Owns with a mortgage or loan26
Private rented: Private landlord or letting agency9
Private rented: Other private rented8
Social rented: Other social rented4
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the PO38 1QU have 1 person in household (48), and 2 people in household (36).

1 person in household48
2 people in household36
3 people in household13
4 people in household13
5 people in household4
6 people in household1
7 people in household1
0 people in household0
8 or more people in household0