Housing Market Analysis for THE GROVE, PO38 1TB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £310,000 median price is £305,000 Standard Deviation is £119,791 with Total Sold: 5
    • The Last 5 Year average price is £305,000 with Total Sold: 1
    • The most recent sale happened at this postcode is THE LODGE THE GROVE: £305,000 (Sold on 29 Jul 2022)
    • The first recorded sale happened at this postcode is ST CATHERINES HOUSE THE GROVE: £180,000 (Sold on 04 Oct 2002)
  • Semi-Detached
    • The average price is around £46,500 median price is £46,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, EDGELEY THE GROVE: £46,500 (Sold on 23 Sep 1996)
    • The first recorded sale happened at this postcode is 2, EDGELEY THE GROVE: £46,500 (Sold on 23 Sep 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1TB 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
2022£305,000 £3,779 1
2016£480,000 £2,192 1
2006£405,000 £1,849 1
2005£180,000 £2,951 1
2002£180,000 £822 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1996£46,5001

All the Sales in the THE GROVE, PO38 1TB

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

AddressSold DatePrice% Change
THE LODGE THE GROVEDetached, FreeholdArea: 80.7 Sq.mtrAge: 1930-194929 Jul 2022£305,00069.44%
13 Jun 2005£180,000First Sale
ST CATHERINES HOUSE THE GROVEDetached, FreeholdArea: 219 Sq.mtrAge: before 190007 Jun 2016£480,00018.52%
10 Aug 2006£405,000125.00%
04 Oct 2002£180,000First Sale
2, EDGELEY THE GROVESemi-Detached, Freehold23 Sep 1996£46,500First Sale

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

THE GROVE, PO38 1TB Near By properties

Interactive Map

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

  • Flat
    • The average price is around £123,784 median price is £110,000 Standard Deviation is £89,024 with Total Sold: 1,018
    • The Last 5 Year average price is £198,577 with Total Sold: 112
    • 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 FLAT 1, PIER VIEW ESPLANADE: £32,500 (Sold on 06 Jan 1995)
  • Semi-Detached
    • The average price is around £154,738 median price is £145,000 Standard Deviation is £97,970 with Total Sold: 347
    • The Last 5 Year average price is £273,662 with Total Sold: 49
    • 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)
  • Terraced
    • The average price is around £138,701 median price is £125,000 Standard Deviation is £96,230 with Total Sold: 460
    • The Last 5 Year average price is £246,922 with Total Sold: 55
    • 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 , 34 OCEAN VIEW ROAD: £27,000 (Sold on 09 Jan 1995)
  • Other
    • The average price is around £300,990 median price is £191,000 Standard Deviation is £378,114 with Total Sold: 61
    • The Last 5 Year average price is £389,451 with Total Sold: 28
    • 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)
  • Detached
    • The average price is around £249,490 median price is £220,000 Standard Deviation is £189,680 with Total Sold: 298
    • The Last 5 Year average price is £439,390 with Total Sold: 41
    • The most recent sale happened at this postcode is , 16 DOWNSIDE: £260,000 (Sold on 15 Dec 2023)
    • The first recorded sale happened at this postcode is , 44 MITCHELL AVENUE: £31,000 (Sold on 28 Feb 1995)

Sold Price Trend Over the Years:

House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£303,833 £4,493 6
2023£200,000 £2,925 19
2022£185,630 £2,851 32
2021£204,588 £2,773 36
2020£174,332 £2,736 19
2019£169,053 £2,399 38
2018£148,919 £2,145 31
2017£144,352 £2,163 29
2016£162,698 £2,413 32
2015£122,927 £1,921 52
2014£153,689 £2,072 33
2013£144,369 £1,809 16
2012£135,758 £2,044 18
2011£125,690 £2,015 21
2010£166,099 £2,394 33
2009£175,619 £2,742 21
2008£142,784 £2,139 31
2007£155,124 £2,271 59
2006£181,192 £2,164 60
2005£140,429 £1,778 52
2004£120,269 £1,945 60
2003£89,395 £1,524 34
2002£72,612 £1,084 39
2001£56,761 £806 47
2000£45,083 £661 51
1999£42,090 £653 23
1998£40,165 £612 44
1997£41,337 £478 27
1996£30,856 £502 35
1995£28,715 £433 20
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,0001
2023£239,818 £3,075 11
2022£299,091 £3,031 11
2021£300,500 £2,810 15
2020£226,268 £2,194 11
2019£175,944 £2,215 9
2018£193,900 £2,034 10
2017£197,200 £1,920 10
2016£193,495 £1,816 11
2015£191,500 £2,294 11
2014£157,679 £2,233 7
2013£148,111 £1,802 9
2012£173,964 £1,958 7
2011£211,190 £1,604 5
2010£214,286 £2,007 7
2009£174,714 £2,167 7
2008£186,273 £1,907 11
2007£187,750 £1,928 18
2006£199,567 £1,913 15
2005£167,011 £1,998 14
2004£188,771 £1,393 12
2003£121,607 £1,503 14
2002£115,412 £1,174 17
2001£82,000 £817 17
2000£73,275 £704 18
1999£71,567 £636 15
1998£53,050 £416 12
1997£51,016 £480 23
1996£43,304 £437 13
1995£45,417 £382 6
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£212,500 £1,875 2
2023£294,500 £3,453 10
2022£243,138 £3,283 13
2021£188,833 £2,589 18
2020£304,243 £2,464 12
2019£180,056 £2,202 9
2018£186,682 £2,319 11
2017£180,229 £2,590 19
2016£167,150 £2,105 20
2015£162,964 £1,942 14
2014£173,737 £2,116 19
2013£154,354 £1,947 14
2012£179,800 £1,960 10
2011£179,269 £2,462 13
2010£141,797 £2,183 15
2009£141,000 £1,894 11
2008£168,346 £2,329 13
2007£152,758 £1,749 25
2006£163,700 £2,006 20
2005£151,375 £1,852 12
2004£152,308 £1,552 13
2003£120,452 £1,385 20
2002£112,607 £1,152 21
2001£70,050 £832 19
2000£69,053 £797 19
1999£50,791 £685 23
1998£44,685 £598 17
1997£33,788 £373 24
1996£31,182 £344 11
1995£50,308 £507 13
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,0001
2023£301,5006
2022£921,000 £2,254 2
2021£243,018 £2,494 11
2020£548,677 £2,004 8
2019£187,3005
2018£288,889 £3,121 9
2017£135,496 £3,683 9
2016£331,829 £2,054 7
2015£79,0001
2014£240,0001
2013£58,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£664,667 £3,220 6
2022£430,056 £3,863 9
2021£446,214 £3,694 14
2020£325,792 £3,341 12
2019£410,000 £2,992 6
2018£311,375 £2,662 16
2017£332,300 £3,087 5
2016£304,591 £2,704 11
2015£316,357 £2,307 14
2014£248,132 £2,187 11
2013£203,500 £2,085 5
2012£234,150 £2,497 10
2011£276,200 £2,054 5
2010£424,700 £3,378 5
2009£288,125 £2,440 4
2008£276,833 £2,095 6
2007£290,906 £2,308 17
2006£278,816 £2,074 19
2005£261,842 £3,352 13
2004£278,208 £2,358 6
2003£181,423 £1,339 13
2002£176,577 £1,302 13
2001£123,182 £935 11
2000£128,222 £702 9
1999£110,083 £874 12
1998£80,000 £507 10
1997£69,600 £930 14
1996£74,973 £522 15
1995£49,214 £414 7

House Type in PO38 1TB area

The most common house types in the PO38 1TB postcode area are Semi-detached (36), Shared house (21), and Detached (20).

Total108
Semi-detached36
Shared house21
Detached20
Terraced11
Flat10
converted building7
commercial building3
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (56), and Owned: Owns with a mortgage or loan (19).

Owned: Owns outright56
Owned: Owns with a mortgage or loan19
Private rented: Private landlord or letting agency18
Private rented: Other private rented9
Social rented: Other social rented6
Social rented: Rents from council or Local Authority1
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the PO38 1TB have 1 person in household (47), and 2 people in household (42).

1 person in household47
2 people in household42
3 people in household12
4 people in household5
5 people in household1
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0