Housing Market Analysis for THE GROVE, PO38 1TD

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £199,500 median price is £235,000 Standard Deviation is £92,688 with Total Sold: 5
    • The most recent sale happened at this postcode is MERWOOD THE GROVE: £325,000 (Sold on 09 Aug 2018)
    • The first recorded sale happened at this postcode is SPRING VALE THE GROVE: £65,000 (Sold on 07 Jan 1998)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 1TD 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
2018£325,000 £2,754 1
2013£247,500 £2,097 1
2007£235,000 £1,992 1
2001£125,000 £1,059 1
1998£65,0001

All the Sales in the THE GROVE, PO38 1TD

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

AddressSold DatePrice% Change
MERWOOD THE GROVESemi-Detached, FreeholdArea: 118 Sq.mtrAge: before 190009 Aug 2018£325,00031.31%
22 Jul 2013£247,5005.32%
22 Jun 2007£235,00088.00%
05 Sep 2001£125,000First Sale
SPRING VALE THE GROVESemi-Detached, Freehold07 Jan 1998£65,000First Sale

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

THE GROVE, PO38 1TD Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £136,235 median price is £125,000 Standard Deviation is £90,465 with Total Sold: 557
    • The Last 5 Year average price is £233,341 with Total Sold: 67
    • 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 , 34 OCEAN VIEW ROAD: £27,000 (Sold on 09 Jan 1995)
  • Flat
    • The average price is around £121,900 median price is £105,500 Standard Deviation is £88,258 with Total Sold: 1,065
    • The Last 5 Year average price is £197,263 with Total Sold: 124
    • 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 £158,089 median price is £145,000 Standard Deviation is £101,458 with Total Sold: 412
    • The Last 5 Year average price is £282,183 with Total Sold: 57
    • 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)
  • Other
    • The average price is around £277,289 median price is £189,000 Standard Deviation is £369,348 with Total Sold: 64
    • The Last 5 Year average price is £357,433 with Total Sold: 31
    • 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 £247,246 median price is £219,500 Standard Deviation is £188,868 with Total Sold: 302
    • The Last 5 Year average price is £433,953 with Total Sold: 43
    • The most recent sale happened at this postcode is , 23 NORTH STREET: £145,000 (Sold on 05 Jan 2024)
    • 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: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£201,862 £2,548 4
2023£231,167 £3,649 12
2022£235,886 £3,205 15
2021£206,262 £2,681 21
2020£278,842 £2,313 15
2019£174,318 £2,236 11
2018£207,433 £2,213 15
2017£188,064 £2,564 21
2016£168,625 £2,135 24
2015£163,867 £1,991 18
2014£168,960 £2,150 25
2013£156,934 £2,019 16
2012£178,909 £1,960 11
2011£181,033 £2,371 15
2010£141,734 £2,093 19
2009£141,000 £1,894 11
2008£160,353 £2,169 17
2007£149,639 £1,807 28
2006£164,227 £2,006 22
2005£150,100 £1,737 15
2004£145,656 £1,569 16
2003£116,122 £1,411 25
2002£111,398 £1,152 22
2001£74,415 £859 24
2000£70,952 £820 21
1999£50,229 £669 29
1998£45,711 £599 22
1997£35,916 £432 31
1996£34,331 £399 18
1995£48,393 £518 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£289,000 £4,493 7
2023£195,368 £2,890 19
2022£179,680 £2,677 37
2021£205,857 £2,777 41
2020£181,866 £2,748 20
2019£170,436 £2,338 39
2018£148,328 £2,196 32
2017£139,559 £2,069 29
2016£162,239 £2,348 35
2015£122,834 £1,932 53
2014£151,121 £2,028 35
2013£138,356 £1,857 18
2012£133,876 £2,044 19
2011£125,475 £2,003 20
2010£164,546 £2,405 31
2009£171,357 £2,687 21
2008£139,306 £2,102 33
2007£150,399 £2,202 57
2006£174,477 £2,164 63
2005£140,429 £1,778 52
2004£118,674 £1,907 64
2003£88,756 £1,524 35
2002£71,073 £1,082 45
2001£56,761 £806 47
2000£44,140 £652 55
1999£41,170 £653 24
1998£39,230 £594 49
1997£40,002 £475 27
1996£30,707 £493 36
1995£29,377 £427 22
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£485,0001
2023£256,917 £2,991 12
2022£314,231 £2,936 13
2021£301,711 £2,674 19
2020£224,912 £2,308 12
2019£190,636 £2,103 11
2018£196,083 £1,961 12
2017£186,833 £2,004 12
2016£186,954 £1,814 12
2015£181,933 £2,254 15
2014£161,886 £2,091 11
2013£161,182 £1,678 11
2012£195,969 £1,958 8
2011£207,119 £1,767 8
2010£202,111 £1,988 9
2009£170,050 £1,928 10
2008£182,208 £1,907 12
2007£191,068 £1,928 22
2006£211,050 £1,825 20
2005£165,697 £1,821 16
2004£183,327 £1,374 13
2003£117,559 £1,500 17
2002£118,095 £1,153 21
2001£79,895 £832 19
2000£75,422 £698 20
1999£66,700 £620 15
1998£59,969 £416 13
1997£48,264 £467 26
1996£39,247 £385 16
1995£45,417 £382 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£191,0001
2023£282,429 £1,098 7
2022£616,333 £2,254 3
2021£222,834 £1,667 12
2020£548,677 £2,004 8
2019£187,3005
2018£226,250 £3,121 8
2017£135,439 £3,683 9
2016£290,452 £2,054 8
2015£79,0001
2014£240,0001
2013£58,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£145,000 £1,686 1
2023£641,143 £3,290 7
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£264,861 £2,074 18
2005£261,842 £3,352 13
2004£260,600 £2,358 5
2003£186,566 £1,307 15
2002£181,708 £1,302 12
2001£118,167 £833 12
2000£128,222 £702 9
1999£107,464 £845 14
1998£80,000 £507 10
1997£69,600 £930 14
1996£74,973 £522 15
1995£49,214 £414 7

House Type in PO38 1TD area

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