Housing Market Analysis for VERLANDS CLOSE, PO38 2BG

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

Overview of Sold House prices

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

Semi-Detached
- The average price is around £143,201 median price is £150,000 Standard Deviation is £79,248 with Total Sold: 41
- The Last 5 Year average price is £259,180 with Total Sold: 5
- The most recent sale happened at this postcode is 19 VERLANDS CLOSE: £327,500 (Sold on 05 Dec 2023)
- The first recorded sale happened at this postcode is 19 VERLANDS CLOSE: £55,000 (Sold on 05 Jul 1995)
Detached
- The average price is around £183,450 median price is £178,000 Standard Deviation is £39,481 with Total Sold: 11
- The Last 5 Year average price is £237,500 with Total Sold: 2
- The most recent sale happened at this postcode is 2 VERLANDS CLOSE: £225,000 (Sold on 25 Sep 2020)
- The first recorded sale happened at this postcode is 18 VERLANDS CLOSE: £92,000 (Sold on 21 Sep 2001)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2BG 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£327,500	£5,369	1
2022	£285,000	£3,899	1
2020	£234,200	£3,556	2
2019	£215,000	£3,909	1
2018	£281,000	£4,607	1
2016	£195,000	£3,093	2
2015	£202,500	£3,125	2
2013	£150,000	£2,273	1
2010	£200,000	£3,226	1
2009	£172,500	£2,782	1
2008	£215,000		1
2007	£255,000		1
2006	£184,375	£2,944	4
2004	£172,500		1
2003	£138,083		3
2002	£142,500	£1,950	1
2001	£92,000		1
2000	£79,250		2
1999	£61,287	£925	4
1998	£63,475	£1,062	2
1997	£57,333		3
1996	£48,500	£727	3
1995	£50,000	£860	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2020	£237,500	£3,939	2
2016	£197,667	£2,823	3
2015	£176,500	£2,985	2
2012	£168,000	£2,813	1
2006	£172,000	£3,127	1
2004	£164,950	£2,577	1
2001	£92,000	£1,438	1

All the Sales in the VERLANDS CLOSE, PO38 2BG

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

Address	Sold Date	Price	% Change
19 VERLANDS CLOSESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1967-1975	05 Dec 2023	£327,500	16.55%
	13 Nov 2018	£281,000	51.89%
	08 Sep 2016	£185,000	153.42%
	23 Apr 1999	£73,000	32.73%
	05 Jul 1995	£55,000	First Sale
23 VERLANDS CLOSESemi-Detached, FreeholdArea: 73.09 Sq.mtrAge: 1967-1975	26 May 2022	£285,000	100.00%
	28 Jun 2002	£142,500	First Sale
7 VERLANDS CLOSESemi-Detached, FreeholdArea: 68 Sq.mtrAge: 1967-1975	11 Nov 2020	£225,000	First Sale
2 VERLANDS CLOSEDetached, FreeholdArea: 55 Sq.mtrAge: 1967-1975	25 Sep 2020	£225,000	26.40%
	02 Nov 2015	£178,000	3.49%
	13 Oct 2006	£172,000	First Sale
13 VERLANDS CLOSESemi-Detached, FreeholdArea: 64 Sq.mtrAge: 1967-1975	18 Mar 2020	£243,400	21.70%
	22 May 2015	£200,000	330.11%
	26 Jan 1996	£46,500	First Sale
1 VERLANDS CLOSEDetached, FreeholdArea: 66 Sq.mtrAge: 1967-1975	31 Jan 2020	£250,000	First Sale
3 VERLANDS CLOSESemi-Detached, FreeholdArea: 55 Sq.mtrAge: 1967-1975	23 Apr 2019	£215,000	377.78%
	30 Nov 1995	£45,000	First Sale
8 VERLANDS CLOSEDetached, FreeholdArea: 65 Sq.mtrAge: 1967-1975	15 Dec 2016	£185,000	First Sale
16 VERLANDS CLOSESemi-Detached, FreeholdArea: 65 Sq.mtrAge: 1950-1966	21 Oct 2016	£205,000	197.10%
	30 Oct 1998	£69,000	First Sale
22 VERLANDS CLOSEDetached, FreeholdArea: 59.72 Sq.mtrAge: 1950-1966	21 Oct 2016	£226,000	34.52%
	20 Dec 2012	£168,000	775.14%
	22 Mar 1999	£19,197	First Sale
5 VERLANDS CLOSEDetached, FreeholdArea: 99 Sq.mtrAge: 1967-1975	13 Oct 2016	£182,000	First Sale
18 VERLANDS CLOSEDetached, FreeholdArea: 64 Sq.mtrAge: 1967-1975	05 Jun 2015	£175,000	6.09%
	06 Apr 2004	£164,950	79.29%
	21 Sep 2001	£92,000	First Sale
15 VERLANDS CLOSESemi-Detached, Freehold	04 Jun 2015	£205,000	-4.65%
15 VERLANDS CLOSESemi-Detached, Freehold	03 Sep 2008	£215,000	First Sale
25 VERLANDS CLOSESemi-Detached, FreeholdArea: 66 Sq.mtrAge: 1976-1982	05 Jul 2013	£150,000	First Sale
10 VERLANDS CLOSESemi-Detached, FreeholdArea: 62 Sq.mtrAge: 1967-1975	14 Sep 2010	£200,000	15.94%
	24 Mar 2009	£172,500	-5.48%
	16 May 2006	£182,500	133.97%
	01 Nov 1999	£78,000	First Sale
6 VERLANDS CLOSESemi-Detached, Freehold	29 Jun 2007	£255,000	67.49%
	30 Jul 2003	£152,250	167.11%
	31 Jul 1996	£57,000	First Sale
20 VERLANDS CLOSESemi-Detached, Freehold	05 May 2006	£175,000	133.49%
	02 Sep 1999	£74,950	78.45%
	12 Feb 1996	£42,000	First Sale
9 VERLANDS CLOSESemi-Detached, Freehold	14 Mar 2006	£180,000	95.65%
	23 Mar 2001	£92,000	75.24%
	27 Mar 1997	£52,500	First Sale
21 VERLANDS CLOSESemi-Detached, Freehold	23 Feb 2006	£200,000	68.07%
	31 Jan 2003	£119,000	49.69%
	03 Oct 2000	£79,500	First Sale
17 VERLANDS CLOSESemi-Detached, Freehold	10 Aug 2004	£172,500	20.63%
	25 Jul 2003	£143,000	169.81%
	06 Aug 1997	£53,000	First Sale
24 VERLANDS CLOSESemi-Detached, Freehold	12 Apr 2000	£79,000	36.32%
24 VERLANDS CLOSESemi-Detached, Freehold	27 Jan 1998	£57,950	First Sale
14 VERLANDS CLOSESemi-Detached, Freehold	29 Sep 1997	£66,500	First Sale

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

VERLANDS CLOSE, PO38 2BG Near By properties

Interactive Map

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

Detached
- The average price is around £247,108 median price is £215,000 Standard Deviation is £178,779 with Total Sold: 225
- The Last 5 Year average price is £445,499 with Total Sold: 38
- 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 £181,917 median price is £181,625 Standard Deviation is £94,542 with Total Sold: 236
- The Last 5 Year average price is £303,265 with Total Sold: 40
- 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)
Other
- The average price is around £318,188 median price is £322,750 Standard Deviation is £100,709 with Total Sold: 8
- The Last 5 Year average price is £309,000 with Total Sold: 5
- 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)
Terraced
- The average price is around £155,420 median price is £140,000 Standard Deviation is £105,185 with Total Sold: 38
- The Last 5 Year average price is £257,571 with Total Sold: 7
- The most recent sale happened at this postcode is , COTTAGE CHEESE CHURCH STREET: £340,000 (Sold on 28 Feb 2022)
- The first recorded sale happened at this postcode is , DOWNSIDE NEWPORT ROAD: £32,000 (Sold on 20 Jan 1995)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£445,000		1
2023	£674,643	£4,063	7
2022	£743,667	£4,642	3
2021	£416,439	£3,286	9
2020	£342,188	£3,214	8
2019	£304,500	£3,665	10
2018	£428,667	£2,931	9
2017	£304,917	£2,829	6
2016	£241,419	£2,900	9
2015	£228,409	£2,603	11
2014	£324,280	£2,430	5
2013	£254,429	£2,924	7
2012	£302,929	£2,611	7
2011	£263,300	£2,602	10
2009	£269,583	£2,317	6
2007	£288,286	£2,406	7
2006	£263,556	£2,656	9
2005	£297,667	£1,878	3
2004	£288,200	£3,126	7
2003	£214,688	£2,092	8
2002	£171,154	£1,816	12
2001	£137,333	£1,261	9
2000	£200,200	£1,230	5
1999	£119,682	£1,030	11
1998	£114,408	£783	12
1997	£77,265	£830	13
1996	£78,590	£732	11
1995	£65,700	£621	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£389,000		1
2023	£341,786	£5,127	7
2022	£323,469	£3,789	8
2021	£308,990	£3,763	5
2020	£273,569	£3,006	13
2019	£276,667	£3,376	6
2018	£251,700	£3,239	11
2017	£234,500	£2,590	3
2016	£226,636	£3,019	11
2015	£190,600	£2,665	5
2014	£195,583	£2,262	6
2013	£197,958	£2,626	13
2012	£228,510	£2,325	5
2011	£194,056	£2,661	9
2010	£219,500	£2,689	5
2009	£161,000	£2,431	5
2008	£228,333	£2,522	3
2007	£241,194	£2,737	9
2006	£196,645	£2,364	10
2005	£191,250	£2,327	4
2004	£181,833	£1,722	6
2003	£167,673	£1,791	13
2002	£150,611	£1,373	9
2001	£107,043	£1,323	15
2000	£100,750	£1,173	8
1999	£64,971	£979	12
1998	£68,993	£921	8
1997	£55,996	£862	14
1996	£50,167	£642	9
1995	£51,000	£757	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£140,000	£933	1
2021	£390,000	£3,431	2
2019	£312,500	£2,788	2
2018	£330,250	£2,070	2
2017	£340,000	£2,720	1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£260,000		1
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	£188,500		1
2001	£105,000		1
1998	£41,000	£629	3
1995	£46,000	£474	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2022	£340,000		1
2020	£261,250	£3,272	4
2019	£209,000	£3,189	2
2018	£180,000	£3,544	1
2014	£122,000	£2,029	2
2012	£217,500	£1,976	2
2011	£256,250	£2,768	4
2010	£185,000	£2,317	1
2009	£105,000	£1,154	1
2007	£163,500	£3,609	2
2006	£140,000	£2,262	2
2004	£225,000		1
2003	£205,000		1
2001	£74,625	£1,504	4
2000	£76,862	£1,126	4
1999	£52,750	£467	2
1998	£50,500		1
1997	£39,000	£782	1
1995	£45,500	£356	2

House Type in PO38 2BG area

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

Total	135
Detached	85
Semi-detached	48
Terraced	1
converted building	1
Flat	0
Shared house	0
commercial building	0
temporary structure	0

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 outright	86
Owned: Owns with a mortgage or loan	36
Private rented: Private landlord or letting agency	6
Private rented: Other private rented	4
Shared ownership: Shared ownership	2
Does not apply	0
Social rented: Rents from council or Local Authority	0
Social rented: Other social rented	0
Lives rent free	0

Number of People in a Household

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

2 people in household	57
1 person in household	48
3 people in household	19
4 people in household	6
5 people in household	3
7 people in household	2
0 people in household	0
6 people in household	0
8 or more people in household	0