Housing Market Analysis for PIER STREET, PO38 1ST

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

Overview of Sold House prices

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

Terraced
- The average price is around £87,911 median price is £72,500 Standard Deviation is £47,013 with Total Sold: 19
- The Last 5 Year average price is £155,000 with Total Sold: 1
- The most recent sale happened at this postcode is 24A PIER STREET: £155,000 (Sold on 26 Apr 2024)
- The first recorded sale happened at this postcode is 5 PIER STREET: £37,000 (Sold on 13 Feb 1995)
Flat
- The average price is around £55,600 median price is £49,500 Standard Deviation is £34,262 with Total Sold: 24
- The Last 5 Year average price is £54,000 with Total Sold: 1
- The most recent sale happened at this postcode is THIRD FLOOR FLAT, 7B PIER STREET: £54,000 (Sold on 05 Nov 2021)
- The first recorded sale happened at this postcode is 11B PIER STREET: £26,000 (Sold on 29 Nov 1996)
Other
- The average price is around £182,571 median price is £160,000 Standard Deviation is £128,596 with Total Sold: 7
- The Last 5 Year average price is £188,000 with Total Sold: 6
- The most recent sale happened at this postcode is THE ROSE INN, 18 PIER STREET: £225,000 (Sold on 03 Aug 2021)
- The first recorded sale happened at this postcode is 9 - 13 PIER STREET: £150,000 (Sold on 09 Nov 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1ST 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£155,000		1
2017	£148,000		2
2014	£71,500		1
2010	£110,000		1
2006	£118,250		2
2005	£125,000		1
2003	£108,400	£1,308	2
2002	£68,833		3
2001	£57,000	£438	1
2000	£50,000	£385	1
1997	£44,500		2
1996	£20,000		1
1995	£37,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£54,000		1
2019	£72,500		1
2018	£175,000	£1,174	1
2015	£53,000		1
2013	£59,000		1
2011	£61,000	£1,659	2
2005	£130,000	£1,046	1
2004	£49,750	£1,239	2
2002	£79,000	£668	2
2001	£29,000	£659	1
2000	£44,790	£349	5
1999	£20,000	£455	1
1998	£25,817		3
1996	£30,500	£432	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£170,600	£68	5
2020	£275,000		1
2016	£150,000		1

All the Sales in the PIER STREET, PO38 1ST

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

Address	Sold Date	Price	% Change
24A PIER STREETTerraced, Freehold	26 Apr 2024	£155,000	-8.82%
	22 Sep 2003	£170,000	198.25%
	19 Apr 2001	£57,000	14.00%
	12 Jan 2000	£50,000	First Sale
THIRD FLOOR FLAT, 7B PIER STREETFlat, Leasehold	05 Nov 2021	£54,000	First Sale
THE ROSE INN, 18 PIER STREETOther, Freehold	03 Aug 2021	£225,000	-18.18%
THE ROSE INN, 18 PIER STREETOther, Freehold	24 Sep 2020	£275,000	First Sale
9 - 11 PIER STREETOther, Leasehold	03 Aug 2021	£160,000	First Sale
22 PIER STREETOther, Freehold	22 Jul 2021	£415,000	First Sale
15 PIER STREETOther, Leasehold	26 Mar 2021	£50,000	6.84%
	16 Jul 2003	£46,800	11.43%
	10 May 2002	£42,000	First Sale
7B PIER STREETOther, LeaseholdArea: 44 Sq.mtrAge: 1900-1929	24 Mar 2021	£3,000	-94.50%
	14 May 2004	£54,500	87.93%
	26 Apr 2001	£29,000	45.00%
	28 May 1999	£20,000	First Sale
FLAT 1, 7B PIER STREETFlat, Leasehold	14 Nov 2019	£72,500	36.79%
FLAT 1, 7B PIER STREETFlat, Leasehold	16 Oct 2015	£53,000	First Sale
5A PIER STREETFlat, LeaseholdArea: 149 Sq.mtrAge: 1900-1929	20 Sep 2018	£175,000	First Sale
5 PIER STREETTerraced, Leasehold	21 Jul 2017	£136,000	166.67%
	02 Dec 1997	£51,000	37.84%
	13 Feb 1995	£37,000	First Sale
21 PIER STREETTerraced, Freehold	10 Jul 2017	£160,000	73.91%
	22 Oct 2002	£92,000	142.11%
	01 Aug 1997	£38,000	First Sale
9 - 13 PIER STREETOther, Freehold	09 Nov 2016	£150,000	100.00%
	30 Aug 2002	£75,000	44.23%
	30 Aug 2000	£52,000	First Sale
17 PIER STREETTerraced, Leasehold	10 May 2014	£71,500	257.50%
17 PIER STREETTerraced, Leasehold	23 Jan 1998	£20,000	First Sale
FLAT 1, 1 - 3 PIER STREETFlat, Leasehold	20 Jan 2013	£59,000	9.26%
FLAT 1, 1 - 3 PIER STREETFlat, Leasehold	15 Jul 2011	£54,000	First Sale
17A PIER STREETFlat, LeaseholdArea: 41 Sq.mtrAge: 1930-1949	17 Jun 2011	£68,000	First Sale
16 PIER STREETTerraced, Freehold	04 Nov 2010	£110,000	First Sale
2 PIER STREETTerraced, Freehold	21 Jul 2006	£148,000	18.40%
2 PIER STREETTerraced, Freehold	11 Mar 2005	£125,000	First Sale
23A PIER STREETTerraced, Leasehold	12 May 2006	£88,500	22.07%
23A PIER STREETTerraced, Leasehold	22 Aug 2002	£72,500	First Sale
15A PIER STREETFlat, LeaseholdArea: 124.32 Sq.mtrAge: before 1900	24 Mar 2005	£130,000	56.63%
	24 Apr 2002	£83,000	76.60%
	21 Aug 2000	£47,000	First Sale
8A PIER STREETFlat, Leasehold	29 Jul 2004	£45,000	First Sale
11A PIER STREETFlat, Leasehold	14 Apr 2000	£39,950	33.39%
11A PIER STREETFlat, Leasehold	13 Mar 1998	£29,950	First Sale
11B PIER STREETFlat, Leasehold	31 Mar 2000	£45,000	73.08%
11B PIER STREETFlat, Leasehold	29 Nov 1996	£26,000	First Sale
FLAT, 13A PIER STREETFlat, LeaseholdArea: 125 Sq.mtrAge: 1900-1929	06 Mar 2000	£40,000	45.45%
	23 Dec 1998	£27,500	First Sale
2A PIER STREETFlat, LeaseholdArea: 81 Sq.mtrAge: 1900-1929	04 Dec 1996	£35,000	First Sale
6 PIER STREETTerraced, Freehold	30 Sep 1996	£20,000	First Sale

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

PIER STREET, PO38 1ST Near By properties

Interactive Map

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

Terraced
- The average price is around £134,704 median price is £125,000 Standard Deviation is £86,663 with Total Sold: 633
- The Last 5 Year average price is £227,208 with Total Sold: 74
- 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 , 5 PIER STREET: £37,000 (Sold on 13 Feb 1995)
Flat
- The average price is around £120,552 median price is £105,500 Standard Deviation is £85,532 with Total Sold: 1,187
- The Last 5 Year average price is £193,642 with Total Sold: 141
- 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 £165,147 median price is £148,750 Standard Deviation is £106,435 with Total Sold: 415
- The Last 5 Year average price is £308,268 with Total Sold: 54
- 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 , 46 ALBERT STREET: £17,000 (Sold on 03 Feb 1995)
Detached
- The average price is around £252,950 median price is £220,000 Standard Deviation is £200,616 with Total Sold: 232
- The Last 5 Year average price is £441,389 with Total Sold: 36
- 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 , 44 MITCHELL AVENUE: £31,000 (Sold on 28 Feb 1995)
Other
- The average price is around £263,180 median price is £181,999 Standard Deviation is £351,861 with Total Sold: 72
- The Last 5 Year average price is £336,641 with Total Sold: 35
- The most recent sale happened at this postcode is , 38 HIGH STREET: £191,000 (Sold on 16 Jan 2024)
- The first recorded sale happened at this postcode is , THE REX APARTMENT KINGSVIEW CHURCH STREET: £58,000 (Sold on 25 Sep 2013)

Sold Price Trend Over the Years:

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£201,862	£2,548	4
2023	£238,857	£3,481	14
2022	£233,450	£3,244	14
2021	£204,208	£2,656	24
2020	£249,590	£2,208	18
2019	£174,318	£2,236	11
2018	£198,278	£2,157	18
2017	£182,450	£2,504	23
2016	£169,381	£2,135	21
2015	£163,752	£2,027	23
2014	£159,558	£2,045	30
2013	£146,813	£1,977	19
2012	£166,233	£2,064	15
2011	£176,139	£2,189	18
2010	£152,655	£2,012	19
2009	£148,538	£2,115	13
2008	£159,417	£1,899	18
2007	£156,061	£1,870	31
2006	£161,204	£1,984	27
2005	£148,403	£1,819	16
2004	£143,822	£1,569	20
2003	£118,553	£1,400	29
2002	£112,917	£1,120	27
2001	£74,849	£845	28
2000	£69,892	£824	30
1999	£51,794	£722	32
1998	£44,737	£581	26
1997	£37,613	£442	30
1996	£35,808	£356	20
1995	£48,067	£558	15

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£289,000	£4,493	7
2023	£200,333	£2,901	21
2022	£180,094	£2,726	39
2021	£197,829	£2,721	49
2020	£174,249	£2,704	25
2019	£166,727	£2,242	44
2018	£148,809	£2,186	34
2017	£142,756	£2,163	32
2016	£161,721	£2,345	40
2015	£122,100	£1,898	57
2014	£153,035	£2,064	36
2013	£132,322	£1,791	23
2012	£133,876	£2,044	19
2011	£123,020	£1,891	25
2010	£165,185	£2,405	32
2009	£161,771	£2,554	24
2008	£134,650	£2,102	34
2007	£148,285	£2,160	62
2006	£169,853	£2,185	71
2005	£135,560	£1,831	62
2004	£117,481	£1,968	70
2003	£88,166	£1,439	41
2002	£70,323	£1,063	55
2001	£58,323	£818	54
2000	£44,063	£644	58
1999	£42,273	£633	32
1998	£39,441	£585	51
1997	£40,191	£475	29
1996	£31,678	£496	39
1995	£29,377	£427	22

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£485,000		1
2023	£290,400	£3,447	10
2022	£316,429	£3,040	14
2021	£331,222	£2,560	18
2020	£260,495	£2,507	11
2019	£191,267	£2,154	15
2018	£218,111	£1,945	9
2017	£186,583	£2,123	12
2016	£177,593	£1,843	14
2015	£178,719	£2,168	16
2014	£185,768	£2,017	14
2013	£178,938	£1,682	8
2012	£225,844	£2,346	8
2011	£196,645	£1,746	10
2010	£170,344	£1,849	16
2009	£186,455	£1,981	11
2008	£179,350	£1,952	10
2007	£193,150	£1,825	20
2006	£215,842	£1,785	19
2005	£173,728	£1,938	16
2004	£170,335	£1,489	17
2003	£119,893	£1,578	14
2002	£129,696	£1,142	23
2001	£81,500	£858	16
2000	£77,712	£705	21
1999	£77,115	£661	13
1998	£56,441	£524	17
1997	£49,125	£417	23
1996	£40,946	£398	14
1995	£39,100	£343	5

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£325,000	£1,686	2
2023	£704,667	£3,143	6
2022	£416,833	£3,242	6
2021	£400,923	£3,477	13
2020	£366,556	£3,660	9
2019	£398,250	£3,141	6
2018	£287,909	£2,676	11
2017	£371,667	£3,115	3
2016	£335,625	£2,957	12
2015	£310,000	£2,633	7
2014	£279,312	£2,387	8
2013	£208,212	£1,993	5
2012	£233,917	£2,295	6
2011	£277,500	£2,522	4
2010	£452,000	£3,792	3
2009	£226,667	£1,496	3
2008	£237,333		3
2007	£330,532	£2,145	14
2006	£280,778	£2,068	9
2005	£277,828	£3,939	9
2004	£251,064	£2,007	7
2003	£207,208	£1,349	12
2002	£194,389	£1,137	9
2001	£128,417	£691	6
2000	£126,667	£768	6
1999	£104,727	£777	11
1998	£83,300	£528	8
1997	£76,685	£963	13
1996	£77,508	£492	13
1995	£48,312	£379	8

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£191,000		1
2023	£258,556	£1,960	9
2022	£616,333	£2,254	3
2021	£222,834	£1,667	12
2020	£474,142	£2,004	10
2019	£179,143		7
2018	£208,333	£2,812	9
2017	£133,696	£3,258	10
2016	£290,452	£2,054	8
2015	£79,000		1
2014	£240,000		1
2013	£58,000		1

House Type in PO38 1ST area

The most common house types in the PO38 1ST postcode area are Flat (41), Terraced (27), and Shared house (25).

Total	140
Flat	41
Terraced	27
Shared house	25
commercial building	21
Semi-detached	15
Detached	6
converted building	5
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Private rented: Private landlord or letting agency (72), and Owned: Owns outright (44).

Private rented: Private landlord or letting agency	72
Owned: Owns outright	44
Owned: Owns with a mortgage or loan	10
Social rented: Other social rented	7
Private rented: Other private rented	5
Shared ownership: Shared ownership	1
Does not apply	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 1ST have 1 person in household (67), and 2 people in household (47).

1 person in household	67
2 people in household	47
3 people in household	13
4 people in household	7
5 people in household	5
6 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0