Housing Market Analysis for INSTITUTE HILL, PO38 2BD

Are you looking to understand PO38 2BD 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 2BD area, explore the PO38 2BD Area information page.
For comprehensive crime statistics in the PO38 2BD area, explore the PO38 2BD Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO38 2BD postcode area, The average prices are as follows,

  • Semi-Detached
    • The average price is around £285,000 median price is £285,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £285,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 ST CATHERINES VILLAS: £285,000 (Sold on 30 Jul 2021)
    • The first recorded sale happened at this postcode is 1 ST CATHERINES VILLAS: £285,000 (Sold on 30 Jul 2021)
  • Other
    • The average price is around £290,000 median price is £290,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £290,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 ST CATHERINES VILLAS: £290,000 (Sold on 12 Feb 2019)
    • The first recorded sale happened at this postcode is 2 ST CATHERINES VILLAS: £290,000 (Sold on 12 Feb 2019)
  • Detached
    • The average price is around £215,000 median price is £215,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is LOCKS FARM INSTITUTE HILL: £215,000 (Sold on 25 Jul 2002)
    • The first recorded sale happened at this postcode is LOCKS FARM INSTITUTE HILL: £215,000 (Sold on 25 Jul 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2BD 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
2021£285,000 £3,000 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£290,000 £2,788 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2002£215,0001

All the Sales in the INSTITUTE HILL, PO38 2BD

See the table below for more details on the sold house prices in the PO38 2BD, Isle of Wight postcode.

AddressSold DatePrice% Change
1 ST CATHERINES VILLASSemi-Detached, FreeholdArea: 95 Sq.mtrAge: 1900-192930 Jul 2021£285,000First Sale
2 ST CATHERINES VILLASOther, FreeholdArea: 104 Sq.mtrAge: 1930-194912 Feb 2019£290,000First Sale
LOCKS FARM INSTITUTE HILLDetached, Freehold25 Jul 2002£215,000First Sale

Check out the sold house prices near the PO38 2BD postcode. Properties currently for saleProperties currently for rent

INSTITUTE HILL, PO38 2BD Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO38 2BD 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 2BD postcode.

  • Detached
    • The average price is around £226,493 median price is £203,500 Standard Deviation is £153,978 with Total Sold: 296
    • The Last 5 Year average price is £400,064 with Total Sold: 46
    • The most recent sale happened at this postcode is , CEDAR GLEN VENTNOR ROAD: £445,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , VECTIS INSTITUTE HILL: £68,000 (Sold on 30 Jan 1995)
  • Semi-Detached
    • The average price is around £177,240 median price is £179,000 Standard Deviation is £89,509 with Total Sold: 295
    • The Last 5 Year average price is £285,902 with Total Sold: 49
    • The most recent sale happened at this postcode is 1, ST. CATHERINES COTTAGES BLACKGANG ROAD: £389,000 (Sold on 21 Jun 2024)
    • The first recorded sale happened at this postcode is , 14 GREENLYDD CLOSE: £53,000 (Sold on 05 May 1995)
  • Terraced
    • The average price is around £168,826 median price is £163,500 Standard Deviation is £108,552 with Total Sold: 58
    • The Last 5 Year average price is £289,996 with Total Sold: 12
    • The most recent sale happened at this postcode is , SCALLOP SHELL COTTAGE PAN LANE: £422,000 (Sold on 29 Feb 2024)
    • The first recorded sale happened at this postcode is , DOWNSIDE NEWPORT ROAD: £32,000 (Sold on 20 Jan 1995)
  • Other
    • The average price is around £416,962 median price is £340,000 Standard Deviation is £178,039 with Total Sold: 13
    • The Last 5 Year average price is £442,000 with Total Sold: 10
    • The most recent sale happened at this postcode is , ST JOSEPHS RC CHURCH RECTORY ROAD: £140,000 (Sold on 30 Sep 2022)
    • The first recorded sale happened at this postcode is , STONELANDS : £340,000 (Sold on 23 Jan 2017)
  • Flat
    • The average price is around £101,818 median price is £55,000 Standard Deviation is £85,778 with Total Sold: 11
    • The Last 5 Year average price is £258,750 with Total Sold: 2
    • The most recent sale happened at this postcode is 1, ASHLEIGH COTTAGES, 1 NEWPORT ROAD: £260,000 (Sold on 02 Mar 2022)
    • The first recorded sale happened at this postcode is 1, FAIRLEA CHURCH STREET: £46,000 (Sold on 10 Nov 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£382,500 £5,079 2
2023£634,583 £3,599 6
2022£469,200 £4,088 5
2021£385,958 £3,620 13
2020£346,818 £2,983 11
2019£294,667 £3,542 9
2018£396,857 £2,788 7
2017£297,431 £2,829 8
2016£272,564 £3,029 12
2015£227,045 £2,612 14
2014£294,557 £2,483 7
2013£260,500 £2,963 7
2012£289,700 £2,776 10
2011£231,750 £2,656 8
2010£342,5002
2009£201,812 £2,086 8
2008£250,6673
2007£263,273 £2,526 11
2006£256,344 £2,302 16
2005£250,862 £2,530 4
2004£267,605 £2,773 11
2003£192,450 £2,092 10
2002£172,897 £1,761 16
2001£138,524 £1,422 19
2000£160,921 £1,392 7
1999£102,562 £987 16
1998£102,742 £801 18
1997£72,139 £836 14
1996£65,636 £753 11
1995£66,177 £694 11
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£389,0001
2023£341,750 £4,921 8
2022£274,981 £3,327 9
2021£290,272 £3,422 9
2020£266,962 £3,025 16
2019£254,583 £3,165 6
2018£254,323 £3,243 13
2017£245,125 £2,892 8
2016£227,333 £3,003 12
2015£190,600 £2,665 5
2014£193,214 £2,273 7
2013£207,712 £2,584 16
2012£229,592 £2,396 6
2011£194,150 £2,661 10
2010£219,500 £2,689 5
2009£163,333 £2,356 6
2008£228,333 £2,522 3
2007£241,614 £2,658 11
2006£189,954 £2,364 12
2005£182,143 £2,327 7
2004£179,778 £1,914 9
2003£161,650 £1,956 15
2002£143,500 £1,436 11
2001£110,193 £1,244 21
2000£100,625 £1,264 8
1999£65,368 £988 14
1998£67,158 £896 12
1997£58,050 £813 18
1996£52,042 £672 12
1995£45,600 £613 5
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£422,000 £4,137 1
2022£397,500 £3,447 2
2020£287,500 £3,263 4
2019£222,590 £3,016 5
2018£202,500 £3,065 2
2015£176,667 £2,422 3
2014£122,000 £2,029 2
2013£250,000 £2,943 1
2012£217,500 £1,976 2
2011£243,000 £2,743 5
2010£185,000 £2,317 1
2009£105,000 £1,154 1
2008£287,000 £2,814 1
2007£163,500 £3,609 2
2006£140,000 £2,262 2
2005£180,000 £2,069 1
2004£225,0001
2003£158,000 £1,571 2
2001£90,417 £1,465 6
2000£70,112 £1,089 4
1999£52,750 £467 2
1998£49,250 £727 2
1997£52,500 £708 4
1995£45,500 £356 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£140,000 £933 1
2021£390,000 £3,431 2
2020£255,000 £2,429 1
2019£540,833 £6,271 6
2018£330,250 £2,070 2
2017£340,000 £2,720 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£260,0001
2019£257,500 £2,655 1
2018£50,000 £2,174 1
2013£35,000 £1,522 1
2008£55,000 £2,292 1
2006£188,5001
2001£105,0001
1998£41,000 £629 3
1995£46,000 £474 1

House Type in PO38 2BD area

The most common house types in the PO38 2BD postcode area are Detached (85), Semi-detached (48), and Terraced (1).

Total135
Detached85
Semi-detached48
Terraced1
converted building1
Flat0
Shared house0
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (86), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright86
Owned: Owns with a mortgage or loan36
Private rented: Private landlord or letting agency6
Private rented: Other private rented4
Shared ownership: Shared ownership2
Does not apply0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the PO38 2BD have 2 people in household (57), and 1 person in household (48).

2 people in household57
1 person in household48
3 people in household19
4 people in household6
5 people in household3
7 people in household2
0 people in household0
6 people in household0
8 or more people in household0