Housing Market Analysis for MADEIRA ROAD, PO38 1QY

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £512,800 median price is £360,500 Standard Deviation is £314,092 with Total Sold: 10
    • The Last 5 Year average price is £1,210,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 49 MADEIRA ROAD: £1,210,500 (Sold on 29 Jan 2021)
    • The first recorded sale happened at this postcode is 68 MADEIRA ROAD: £240,000 (Sold on 02 Nov 2000)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1QY 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
2021£1,210,500 £3,640 1
2019£757,5001
2015£260,000 £1,648 1
2013£399,667 £2,434 3
2012£800,000 £2,406 1
2010£300,0001
2003£361,000 £2,006 1
2000£240,0001

All the Sales in the MADEIRA ROAD, PO38 1QY

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

AddressSold DatePrice% Change
49 MADEIRA ROADDetached, FreeholdArea: 332.52 Sq.mtrAge: before 190029 Jan 2021£1,210,50051.31%
14 Sep 2012£800,000First Sale
HAVILAND COTTAGE, 66 MADEIRA ROADDetached, Freehold18 Jul 2019£757,500First Sale
49A MADEIRA ROADDetached, FreeholdArea: 157.8 Sq.mtrAge: 1976-198204 Nov 2015£260,000First Sale
47 MADEIRA ROADDetached, FreeholdArea: 76 Sq.mtrAge: 1950-196620 Jun 2013£185,000First Sale
68 MADEIRA ROADDetached, Freehold30 May 2013£654,000172.50%
02 Nov 2000£240,000First Sale
MACKLIN LODGE, 43 MADEIRA ROADDetached, Freehold30 Apr 2013£360,00020.00%
06 Jan 2010£300,000First Sale
66 MADEIRA ROADDetached, FreeholdArea: 180 Sq.mtrAge: before 190003 Oct 2003£361,000First Sale

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

MADEIRA ROAD, PO38 1QY Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £126,500 median price is £115,000 Standard Deviation is £116,918 with Total Sold: 280
    • The Last 5 Year average price is £257,212 with Total Sold: 29
    • 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 £412,349 median price is £168,000 Standard Deviation is £590,892 with Total Sold: 27
    • The Last 5 Year average price is £508,057 with Total Sold: 14
    • 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 £312,588 median price is £250,000 Standard Deviation is £238,058 with Total Sold: 267
    • The Last 5 Year average price is £582,074 with Total Sold: 34
    • 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 £116,006 median price is £100,000 Standard Deviation is £74,235 with Total Sold: 570
    • The Last 5 Year average price is £185,492 with Total Sold: 84
    • 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 £167,000 median price is £140,000 Standard Deviation is £121,644 with Total Sold: 237
    • The Last 5 Year average price is £330,524 with Total Sold: 25
    • The most recent sale happened at this postcode is , SHENSTONE LEESON ROAD: £436,000 (Sold on 20 Feb 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£348,850 £3,228 10
2020£166,463 £1,738 8
2019£168,000 £2,292 4
2018£225,062 £1,924 8
2017£184,500 £1,991 6
2016£159,250 £1,895 8
2015£161,164 £2,086 11
2014£130,438 £1,915 12
2013£154,525 £2,082 11
2012£126,750 £2,271 6
2011£179,143 £1,676 7
2010£171,432 £1,874 9
2009£156,667 £2,797 3
2008£143,914 £1,581 9
2007£155,541 £2,296 11
2006£146,531 £1,875 8
2005£162,024 £1,732 8
2004£119,177 £1,376 11
2003£107,833 £1,405 12
2002£108,889 £1,010 9
2001£75,435 £975 15
2000£65,018 £863 14
1999£47,955 £613 22
1998£39,382 £531 17
1997£48,632 £523 11
1996£38,136 £398 14
1995£29,500 £494 5
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,600,0001
2023£174,500 £1,960 4
2022£309,250 £5,241 4
2021£741,935 £13 3
2020£176,0002
2019£153,000 £1,417 4
2018£76,000 £1,885 3
2017£276,602 £2,408 3
2016£8121
2014£1,175,000 £13,313 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£325,000 £1,686 2
2023£759,500 £5,924 6
2022£646,429 £4,849 7
2021£546,962 £4,174 13
2020£491,333 £3,810 6
2019£400,333 £3,068 6
2018£417,778 £3,444 9
2017£419,833 £3,240 6
2016£398,333 £2,770 9
2015£373,000 £2,670 6
2014£354,083 £2,774 6
2013£348,760 £2,353 6
2012£443,571 £2,496 7
2011£638,600 £2,741 5
2010£358,822 £2,918 9
2009£380,812 £2,992 8
2008£334,9833
2007£399,571 £2,391 13
2006£323,814 £2,197 11
2005£303,667 £2,097 6
2004£273,033 £1,974 12
2003£245,630 £2,183 15
2002£245,600 £1,833 10
2001£175,929 £1,124 14
2000£175,056 £977 9
1999£172,828 £986 20
1998£111,658 £615 12
1997£97,100 £683 10
1996£75,995 £679 10
1995£73,591 £726 11
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£216,875 £2,505 4
2023£232,438 £2,945 8
2022£182,429 £2,480 29
2021£179,958 £2,470 25
2020£170,272 £2,261 18
2019£172,538 £1,935 13
2018£138,792 £2,070 12
2017£171,558 £2,340 13
2016£168,474 £2,161 19
2015£162,237 £1,929 19
2014£141,944 £1,962 9
2013£126,472 £1,810 18
2012£130,079 £1,676 14
2011£138,579 £1,806 19
2010£168,208 £2,046 10
2009£120,364 £1,802 11
2008£147,557 £2,308 14
2007£140,045 £1,897 24
2006£147,250 £2,009 25
2005£117,641 £2,050 22
2004£129,123 £1,662 32
2003£76,322 £1,149 25
2002£65,954 £1,010 35
2001£74,363 £869 26
2000£53,498 £726 31
1999£43,927 £579 35
1998£32,115 £494 22
1997£28,492 £329 13
1996£35,150 £438 13
1995£33,167 £350 12
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£382,000 £2,673 3
2022£340,000 £3,042 4
2021£353,799 £2,291 12
2020£251,917 £2,047 6
2019£194,125 £2,026 8
2018£215,375 £1,658 4
2017£205,875 £2,213 8
2016£152,475 £2,046 8
2015£213,667 £2,048 9
2014£247,250 £1,813 12
2013£154,000 £926 4
2012£244,200 £2,499 5
2011£180,250 £1,854 6
2010£147,773 £1,725 11
2009£195,464 £1,686 11
2008£222,862 £2,241 4
2007£199,625 £1,708 8
2006£230,357 £1,612 7
2005£212,643 £1,385 7
2004£153,372 £1,520 9
2003£156,749 £1,452 9
2002£127,862 £968 16
2001£88,556 £963 9
2000£78,955 £657 11
1999£70,100 £677 12
1998£53,091 £575 11
1997£36,491 £424 11
1996£26,750 £295 6
1995£61,917 £662 6

House Type in PO38 1QY area

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