Housing Market Analysis for MADEIRA ROAD, PO38 1QZ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £138,500 median price is £138,500 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £138,500 with Total Sold: 1
    • The most recent sale happened at this postcode is 63 MADEIRA ROAD: £138,500 (Sold on 22 May 2020)
    • The first recorded sale happened at this postcode is 63 MADEIRA ROAD: £138,500 (Sold on 22 May 2020)
  • Detached
    • The average price is around £230,000 median price is £232,500 Standard Deviation is £35,882 with Total Sold: 4
    • The most recent sale happened at this postcode is 59 MADEIRA ROAD: £250,000 (Sold on 17 Mar 2016)
    • The first recorded sale happened at this postcode is 67 MADEIRA ROAD: £180,000 (Sold on 09 Dec 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1QZ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£138,500 £1,731 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2016£250,000 £2,525 1
2014£275,000 £2,786 1
2010£215,000 £2,178 1
2002£180,0001

All the Sales in the MADEIRA ROAD, PO38 1QZ

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

AddressSold DatePrice% Change
63 MADEIRA ROADSemi-Detached, FreeholdArea: 80 Sq.mtrAge: 1967-197522 May 2020£138,500First Sale
59 MADEIRA ROADDetached, FreeholdArea: 99 Sq.mtrAge: 1900-192917 Mar 2016£250,000First Sale
65 MADEIRA ROADDetached, FreeholdArea: 98.7 Sq.mtrAge: 1950-196620 May 2014£275,00027.91%
28 May 2010£215,000First Sale
67 MADEIRA ROADDetached, Freehold09 Dec 2002£180,000First Sale

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

MADEIRA ROAD, PO38 1QZ Near By properties

Interactive Map

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

  • Other
    • The average price is around £513,896 median price is £175,000 Standard Deviation is £656,064 with Total Sold: 20
    • The Last 5 Year average price is £614,619 with Total Sold: 11
    • 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 £316,992 median price is £257,500 Standard Deviation is £237,989 with Total Sold: 262
    • The Last 5 Year average price is £593,955 with Total Sold: 33
    • 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 £116,891 median price is £100,000 Standard Deviation is £74,644 with Total Sold: 550
    • The Last 5 Year average price is £185,870 with Total Sold: 82
    • 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)
  • Terraced
    • The average price is around £128,034 median price is £115,000 Standard Deviation is £119,781 with Total Sold: 262
    • The Last 5 Year average price is £258,722 with Total Sold: 28
    • The most recent sale happened at this postcode is , 46 SOUTH STREET: £167,500 (Sold on 15 Mar 2024)
    • The first recorded sale happened at this postcode is , 56 ST CATHERINE STREET: £36,000 (Sold on 09 Jun 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£2,600,0001
2023£174,000 £1,098 2
2022£309,250 £5,241 4
2021£741,935 £13 3
2020£350,0001
2019£148,167 £1,417 3
2018£10,0001
2017£355,9032
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£722,500 £5,048 6
2021£546,962 £4,174 13
2020£491,333 £3,810 6
2019£457,000 £3,068 5
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£105,944 £683 9
1996£75,995 £679 10
1995£80,556 £726 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£216,875 £2,505 4
2023£232,438 £2,945 8
2022£182,518 £2,469 28
2021£180,790 £2,464 24
2020£170,272 £2,261 18
2019£175,667 £1,914 12
2018£138,792 £2,070 12
2017£165,938 £2,165 12
2016£168,474 £2,161 19
2015£162,237 £1,929 19
2014£141,944 £1,962 9
2013£126,559 £1,794 17
2012£133,547 £1,680 13
2011£140,778 £1,830 18
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£118,426 £2,138 19
2004£129,123 £1,662 32
2003£76,322 £1,149 25
2002£64,659 £997 34
2001£74,618 £851 25
2000£53,980 £714 28
1999£43,927 £579 35
1998£32,216 £498 21
1997£28,492 £329 13
1996£36,695 £407 10
1995£33,682 £318 11
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£167,500 £3,221 1
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£237,214 £1,778 7
2017£187,400 £1,991 5
2016£159,250 £1,895 8
2015£161,164 £2,086 11
2014£125,477 £1,843 11
2013£163,721 £2,152 8
2012£126,750 £2,271 6
2011£179,143 £1,676 7
2010£169,861 £1,704 8
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£109,000 £1,370 11
2002£108,889 £1,010 9
2001£76,502 £991 12
2000£65,018 £863 14
1999£48,012 £606 21
1998£38,719 £531 16
1997£48,619 £421 8
1996£37,992 £360 13
1995£29,500 £494 5
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 1QZ area

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