Housing Market Analysis for SPRING GARDENS, PO38 1QX

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

Overview of Sold House prices

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

Flat
- The average price is around £90,265 median price is £84,475 Standard Deviation is £44,308 with Total Sold: 24
- The Last 5 Year average price is £140,900 with Total Sold: 5
- The most recent sale happened at this postcode is FLAT 3, TEAKWOOD SPRING GARDENS: £155,000 (Sold on 15 Jul 2022)
- The first recorded sale happened at this postcode is FLAT 2, TEAKWOOD SPRING GARDENS: £179,500 (Sold on 15 Feb 2024)
Semi-Detached
- The average price is around £382,750 median price is £378,000 Standard Deviation is £16,739 with Total Sold: 4
- The Last 5 Year average price is £387,500 with Total Sold: 2
- The most recent sale happened at this postcode is 14 SPRING GARDENS: £410,000 (Sold on 08 Oct 2021)
- The first recorded sale happened at this postcode is 11 SPRING GARDENS: £375,000 (Sold on 25 Apr 2008)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1QX 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	£151,667	£2,151	3
2020	£70,000	£1,522	1
2018	£130,000	£1,512	1
2016	£99,000	£2,106	1
2012	£100,000	£1,343	1
2010	£70,000	£1,489	1
2006	£89,000	£1,894	1
2005	£99,950		1
2004	£127,475		2
2003	£89,475	£1,089	2
2002	£71,000	£818	2
2001	£61,000	£775	2
2000	£38,000	£826	1
1999	£36,333	£605	3
1998	£29,000		1
2024	£179,500	£2,087	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£387,500	£3,204	2
2015	£381,000	£1,823	1
2008	£375,000	£1,794	1

All the Sales in the SPRING GARDENS, PO38 1QX

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

Address	Sold Date	Price	% Change
FLAT 3, TEAKWOOD SPRING GARDENSFlat, LeaseholdArea: 80 Sq.mtrAge: 1930-1949	15 Jul 2022	£155,000	First Sale
FLAT 3, LYNCROFT, 4 SPRING GARDENSFlat, LeaseholdArea: 47 Sq.mtrAge: 1900-1929	23 May 2022	£125,000	26.26%
	14 Jun 2016	£99,000	41.43%
	25 Aug 2010	£70,000	-21.35%
	27 Jun 2006	£89,000	First Sale
FLAT 1, TEAKWOOD SPRING GARDENSFlat, LeaseholdArea: 94.36 Sq.mtrAge: 1967-1975	25 Feb 2022	£175,000	First Sale
14 SPRING GARDENSSemi-Detached, FreeholdArea: 81 Sq.mtrAge: 1930-1949	08 Oct 2021	£410,000	First Sale
3 SPRING GARDENSSemi-Detached, FreeholdArea: 271 Sq.mtrAge: 1900-1929	27 Jan 2021	£365,000	First Sale
FLAT 3, 15 SPRING GARDENSFlat, LeaseholdArea: 46 Sq.mtrAge: 1900-1929	29 Oct 2020	£70,000	84.21%
	07 Jan 2000	£38,000	First Sale
FLAT 2, TEAKWOOD SPRING GARDENSFlat, LeaseholdArea: 86 Sq.mtrAge: 1950-1966	03 Dec 2018	£130,000	-27.58%
	15 Feb 2024	£179,500	First Sale
11 SPRING GARDENSSemi-Detached, FreeholdArea: 209 Sq.mtrAge: before 1900	08 May 2015	£381,000	1.60%
	25 Apr 2008	£375,000	First Sale
FLAT 2, LYNCROFT, 4 SPRING GARDENSFlat, LeaseholdArea: 74.46 Sq.mtr	03 Dec 2012	£100,000	25.08%
	24 Jan 2003	£79,950	First Sale
FLAT 1, LYNCROFT, 4 SPRING GARDENSFlat, Leasehold	25 Nov 2005	£99,950	First Sale
FLAT 4, VINICOMBE SPRING GARDENSFlat, Leasehold	24 Jul 2004	£89,950	69.72%
	31 Oct 2001	£53,000	103.85%
	09 Apr 1999	£26,000	First Sale
FLAT 5, VINICOMBE SPRING GARDENSFlat, Leasehold	25 Jun 2004	£165,000	126.03%
	15 Jul 2002	£73,000	128.12%
	07 Jan 1999	£32,000	First Sale
FLAT 1, SPRINGFIELD SPRING GARDENSFlat, LeaseholdArea: 89.6 Sq.mtrAge: 1967-1975	10 Oct 2003	£99,000	First Sale
FLAT 2, 15 SPRING GARDENSFlat, LeaseholdArea: 84.36 Sq.mtrAge: before 1900	18 Jan 2002	£69,000	35.29%
	18 Nov 1999	£51,000	First Sale
FLAT 1, 15 SPRING GARDENSFlat, LeaseholdArea: 89 Sq.mtrAge: before 1900	05 Nov 2001	£69,000	First Sale
FLAT 2, VINICOMBE SPRING GARDENSFlat, Leasehold	30 Oct 1998	£29,000	First Sale

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

SPRING GARDENS, PO38 1QX Near By properties

Interactive Map

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

Terraced
- The average price is around £128,033 median price is £120,000 Standard Deviation is £86,731 with Total Sold: 422
- The Last 5 Year average price is £218,904 with Total Sold: 41
- 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 £104,218 median price is £93,250 Standard Deviation is £68,699 with Total Sold: 804
- The Last 5 Year average price is £173,399 with Total Sold: 111
- 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 £162,993 median price is £138,500 Standard Deviation is £114,737 with Total Sold: 301
- The Last 5 Year average price is £324,148 with Total Sold: 34
- 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 , PEACOCK COTTAGE BONCHURCH VILLAGE ROAD: £80,000 (Sold on 21 Feb 1995)
Other
- The average price is around £381,816 median price is £170,000 Standard Deviation is £541,698 with Total Sold: 33
- The Last 5 Year average price is £440,674 with Total Sold: 19
- 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 £285,389 median price is £240,000 Standard Deviation is £209,213 with Total Sold: 254
- The Last 5 Year average price is £553,859 with Total Sold: 32
- 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)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£191,225	£3,221	2
2023	£236,750	£2,965	8
2022	£225,625	£3,178	4
2021	£200,536	£2,719	14
2020	£229,894	£2,089	13
2019	£194,714	£2,217	7
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	£163,188	£1,848	20
2013	£142,601	£1,977	17
2012	£157,879	£1,771	12
2011	£185,636	£2,004	11
2010	£169,407	£1,860	12
2009	£157,500	£2,566	4
2008	£149,115	£1,673	15
2007	£152,179	£2,048	19
2006	£137,932	£1,476	11
2005	£150,670	£1,754	10
2004	£129,831	£1,357	18
2003	£119,000	£1,208	16
2002	£131,765	£1,016	17
2001	£73,797	£977	22
2000	£65,677	£904	24
1999	£46,167	£654	30
1998	£40,950	£512	20
1997	£45,821	£527	17
1996	£37,556	£392	16
1995	£44,550	£446	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£192,250	£2,460	6
2023	£174,750	£2,698	12
2022	£172,040	£2,350	36
2021	£187,307	£2,448	34
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	£121,331	£1,798	34
2014	£127,820	£2,029	20
2013	£122,825	£1,742	20
2012	£107,814	£1,551	18
2011	£131,500	£1,761	21
2010	£137,081	£1,996	13
2009	£120,400	£1,950	10
2008	£131,469	£2,008	21
2007	£119,854	£2,122	44
2006	£117,146	£1,928	37
2005	£105,965	£1,785	42
2004	£109,224	£1,629	40
2003	£75,736	£1,122	32
2002	£65,377	£963	46
2001	£64,012	£817	38
2000	£47,044	£717	39
1999	£43,838	£586	39
1998	£34,344	£559	34
1997	£31,144	£347	17
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	£335,239	£2,360	15
2020	£253,494	£2,095	9
2019	£179,750	£2,018	12
2018	£199,300	£1,736	5
2017	£209,091	£2,061	11
2016	£140,730	£1,867	10
2015	£204,900	£1,986	10
2014	£207,979	£1,758	12
2013	£149,286	£1,408	7
2012	£248,500	£2,425	6
2011	£193,779	£1,942	7
2010	£151,500	£1,652	12
2009	£200,864	£1,731	11
2008	£192,242	£1,827	6
2007	£201,692	£1,686	13
2006	£207,864	£1,819	11
2005	£203,188	£1,385	8
2004	£162,642	£1,365	13
2003	£137,749	£1,557	11
2002	£118,832	£926	19
2001	£83,533	£823	15
2000	£78,300	£704	15
1999	£66,850	£691	12
1998	£55,917	£526	12
1997	£40,077	£441	16
1996	£26,750	£295	6
1995	£62,429	£594	7

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£2,600,000		1
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: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,000	£1,686	2
2023	£710,000	£5,875	6
2022	£646,429	£4,849	7
2021	£510,045	£3,778	11
2020	£446,333	£3,323	6
2019	£433,857	£2,981	7
2018	£457,500	£3,131	6
2017	£430,800	£3,305	5
2016	£374,375	£2,636	8
2015	£251,333	£2,637	6
2014	£337,786	£2,810	7
2013	£325,366	£2,257	7
2012	£416,429	£2,209	7
2011	£235,750	£2,479	4
2010	£371,557	£2,858	7
2009	£358,583	£3,082	6
2008	£303,390		5
2007	£303,229	£2,089	17
2006	£314,041	£2,190	11
2005	£267,333	£1,996	6
2004	£264,218	£1,974	11
2003	£224,960	£2,030	14
2002	£249,500	£1,632	6
2001	£165,167	£1,115	15
2000	£158,792	£862	12
1999	£151,791	£910	17
1998	£93,862	£631	8
1997	£84,409	£976	11
1996	£68,931	£720	8
1995	£54,227	£607	11

House Type in PO38 1QX area

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