Housing Market Analysis for PO38 1RE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £1,037,000 median price is £1,037,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £1,037,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BROOKSIDE BONCHURCH VILLAGE ROAD: £1,037,000 (Sold on 30 Nov 2023)
    • The first recorded sale happened at this postcode is BROOKSIDE BONCHURCH VILLAGE ROAD: £1,037,000 (Sold on 30 Nov 2023)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1RE 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
2023£1,037,0001

All the Sales in the PO38 1RE

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

AddressSold DatePrice% Change
BROOKSIDE BONCHURCH VILLAGE ROADDetached, Freehold30 Nov 2023£1,037,000First Sale

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

PO38 1RE Near By properties

Interactive Map

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

  • Other
    • The average price is around £673,367 median price is £350,000 Standard Deviation is £686,079 with Total Sold: 15
    • The Last 5 Year average price is £823,125 with Total Sold: 8
    • 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 £323,248 median price is £275,000 Standard Deviation is £237,391 with Total Sold: 258
    • The Last 5 Year average price is £619,422 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)
  • Flat
    • The average price is around £119,185 median price is £100,000 Standard Deviation is £76,876 with Total Sold: 442
    • The Last 5 Year average price is £188,524 with Total Sold: 61
    • The most recent sale happened at this postcode is 10, WESTFIELD MANSION SHORE ROAD: £108,000 (Sold on 02 May 2024)
    • The first recorded sale happened at this postcode is , 44A MADEIRA ROAD: £40,000 (Sold on 31 Jan 1995)
  • Terraced
    • The average price is around £124,858 median price is £89,700 Standard Deviation is £149,611 with Total Sold: 125
    • The Last 5 Year average price is £317,583 with Total Sold: 12
    • The most recent sale happened at this postcode is , 3 BLENDWORTH TERRACE: £275,000 (Sold on 14 Sep 2023)
    • 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 £171,410 median price is £137,750 Standard Deviation is £132,361 with Total Sold: 134
    • The Last 5 Year average price is £328,006 with Total Sold: 16
    • 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£180,0001
2022£410,000 £5,241 3
2021£1,112,5002
2020£350,0001
2019£148,167 £1,417 3
2018£10,0001
2017£711,0001
2014£1,175,000 £13,313 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£505,0001
2023£766,333 £6,150 6
2022£690,714 £4,903 7
2021£577,958 £4,360 12
2020£491,333 £3,810 6
2019£435,000 £3,273 7
2018£398,182 £3,261 11
2017£419,833 £3,240 6
2016£398,333 £2,770 9
2015£373,000 £2,670 6
2014£399,900 £2,994 5
2013£348,760 £2,353 6
2012£443,571 £2,496 7
2011£768,250 £3,053 4
2010£323,150 £2,947 9
2009£380,812 £2,992 8
2008£334,9833
2007£399,571 £2,391 13
2006£323,814 £2,197 11
2005£294,571 £2,097 7
2004£292,895 £1,943 10
2003£249,573 £2,372 13
2002£245,600 £1,833 10
2001£184,615 £1,166 13
2000£170,050 £1,300 10
1999£188,709 £1,029 17
1998£111,658 £615 12
1997£99,850 £613 10
1996£75,995 £679 10
1995£80,556 £726 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£222,500 £2,505 3
2023£250,357 £3,100 7
2022£188,947 £2,642 19
2021£171,787 £2,336 19
2020£171,231 £2,100 13
2019£171,111 £1,952 9
2018£139,591 £1,947 11
2017£172,295 £2,177 11
2016£168,321 £2,110 14
2015£166,000 £1,897 17
2014£140,000 £1,942 6
2013£132,583 £1,726 12
2012£136,342 £1,680 12
2011£147,501 £1,875 16
2010£171,559 £2,046 8
2009£127,611 £1,842 9
2008£157,550 £2,766 10
2007£140,960 £1,900 22
2006£160,837 £1,759 20
2005£121,127 £1,910 13
2004£137,718 £1,501 25
2003£76,710 £1,149 24
2002£65,072 £951 27
2001£76,566 £851 22
2000£57,043 £741 22
1999£44,250 £579 29
1998£32,596 £514 16
1997£27,745 £310 10
1996£36,207 £423 7
1995£33,167 £283 9
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£317,500 £1,732 2
2022£265,000 £3,046 1
2021£460,200 £3,610 5
2020£152,500 £1,389 4
2019£187,500 £2,051 2
2018£220,000 £1,761 2
2017£167,500 £1,905 2
2016£142,500 £1,500 4
2015£162,200 £1,829 5
2014£100,125 £1,073 4
2013£164,154 £1,383 5
2012£115,000 £1,179 2
2011£159,250 £1,440 4
2010£176,628 £1,894 3
2008£151,546 £1,566 5
2007£135,250 £1,726 4
2006£139,0624
2005£206,083 £1,657 3
2004£121,742 £1,270 6
2003£105,000 £1,147 3
2002£111,750 £1,010 8
2001£65,753 £1,071 8
2000£49,567 £751 6
1999£48,792 £485 12
1998£34,300 £505 10
1997£73,750 £420 2
1996£36,993 £333 7
1995£38,000 £232 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£350,500 £3,194 2
2022£225,000 £2,557 1
2021£377,574 £2,376 8
2020£260,300 £1,668 5
2019£163,125 £1,780 4
2018£223,750 £1,716 2
2017£229,400 £1,949 5
2016£150,060 £2,073 5
2015£302,667 £2,015 3
2014£401,250 £1,517 4
2013£88,000 £732 2
2012£238,333 £2,447 3
2011£141,250 £1,533 2
2010£146,250 £1,279 4
2009£219,657 £2,036 7
2008£251,317 £2,241 3
2007£193,250 £1,489 4
2006£192,500 £1,669 2
2005£254,875 £1,178 4
2004£147,470 £1,275 5
2003£201,948 £1,145 5
2002£137,480 £891 10
2001£96,143 £1,002 7
2000£92,700 £647 5
1999£74,220 £699 10
1998£39,100 £505 5
1997£39,988 £432 8
1996£31,833 £368 3
1995£61,917 £662 6

House Type in PO38 1RE area

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