Housing Market Analysis for PAN LANE, PO38 2BU

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £234,571 median price is £211,000 Standard Deviation is £148,742 with Total Sold: 7
    • The Last 5 Year average price is £438,500 with Total Sold: 2
    • 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 SCALLOP SHELL COTTAGE PAN LANE: £68,000 (Sold on 12 Sep 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2BU 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
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£422,000 £4,137 1
2022£455,000 £3,447 1
2008£287,000 £2,814 1
2003£211,000 £1,598 1
2001£142,000 £1,392 1
1997£62,500 £667 2

All the Sales in the PAN LANE, PO38 2BU

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

AddressSold DatePrice% Change
SCALLOP SHELL COTTAGE PAN LANETerraced, FreeholdArea: 102 Sq.mtrAge: before 190029 Feb 2024£422,00047.04%
15 Apr 2008£287,000102.11%
25 Jun 2001£142,000108.82%
12 Sep 1997£68,000First Sale
PAN COTTAGE PAN LANETerraced, FreeholdArea: 132 Sq.mtrAge: before 190016 Dec 2022£455,000115.64%
19 Sep 2003£211,000First Sale
POLLARD WILLOW PAN LANETerraced, Freehold09 Oct 1997£57,000First Sale

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

PAN LANE, PO38 2BU Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £195,138 median price is £198,975 Standard Deviation is £91,626 with Total Sold: 154
    • The Last 5 Year average price is £293,893 with Total Sold: 28
    • 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 2, ALMA COTTAGES NEWPORT ROAD: £45,000 (Sold on 31 Aug 1995)
  • Terraced
    • The average price is around £168,928 median price is £163,500 Standard Deviation is £108,058 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)
  • Detached
    • The average price is around £231,603 median price is £215,000 Standard Deviation is £151,331 with Total Sold: 152
    • The Last 5 Year average price is £429,227 with Total Sold: 24
    • The most recent sale happened at this postcode is , 8 THE GREENWAY: £320,000 (Sold on 26 Jan 2024)
    • The first recorded sale happened at this postcode is , VECTIS INSTITUTE HILL: £68,000 (Sold on 30 Jan 1995)
  • Other
    • The average price is around £423,375 median price is £342,500 Standard Deviation is £183,860 with Total Sold: 12
    • 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 , POST OFFICE HIGH STREET: £350,000 (Sold on 25 Jan 2018)
  • Flat
    • The average price is around £114,450 median price is £82,250 Standard Deviation is £84,475 with Total Sold: 10
    • 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£389,0001
2023£352,500 £4,775 2
2022£336,667 £3,839 3
2021£277,188 £3,311 8
2020£277,318 £2,844 11
2019£285,667 £3,026 3
2018£287,367 £2,879 6
2017£268,500 £2,992 5
2016£240,571 £3,134 7
2014£206,916 £2,399 6
2013£212,445 £2,615 10
2012£255,638 £2,515 4
2011£225,167 £2,762 6
2010£224,375 £2,554 4
2009£138,333 £2,047 3
2008£235,000 £2,522 2
2007£237,429 £2,652 7
2006£210,238 £2,031 4
2005£193,500 £2,483 4
2004£180,583 £1,914 6
2003£190,550 £1,791 5
2002£141,500 £1,324 7
2001£120,890 £1,242 10
2000£119,750 £1,230 4
1999£72,250 £1,023 2
1998£67,118 £793 8
1997£57,272 £666 9
1996£52,667 £686 6
1995£45,000 £433 1
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£162,500 £2,422 2
2014£213,000 £2,766 1
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£156,650 £2,262 3
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£52,390 £708 5
1995£45,500 £356 2
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£320,000 £5,079 1
2023£605,500 £3,578 5
2022£460,000 £5,111 1
2021£385,445 £3,612 10
2020£375,625 £2,620 4
2019£379,000 £2,725 3
2018£345,000 £2,452 2
2017£295,000 £3,178 2
2016£381,000 £3,741 3
2015£261,125 £2,645 8
2014£291,450 £2,405 2
2013£296,625 £2,309 4
2012£337,000 £2,908 7
2011£221,333 £2,422 3
2010£342,5002
2009£151,833 £1,447 3
2008£320,0001
2007£236,200 £2,544 5
2006£275,045 £2,240 11
2005£297,9752
2004£237,190 £3,036 5
2003£229,750 £1,613 4
2002£188,571 £1,664 7
2001£151,450 £1,368 10
2000£150,575 £1,392 6
1999£108,773 £953 11
1998£88,582 £705 12
1997£60,583 £737 6
1996£72,929 £719 7
1995£71,700 £747 5
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
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£260,0001
2019£257,500 £2,655 1
2006£188,5001
2001£105,0001
1998£57,500 £807 5
1995£46,000 £474 1

House Type in PO38 2BU area

The most common house types in the PO38 2BU postcode area are Detached (76), Semi-detached (27), and Terraced (8).

Total122
Detached76
Semi-detached27
Terraced8
temporary structure6
Shared house5
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright66
Owned: Owns with a mortgage or loan36
Private rented: Private landlord or letting agency18
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
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 2BU have 2 people in household (58), and 1 person in household (31).

2 people in household58
1 person in household31
3 people in household12
4 people in household11
5 people in household6
6 people in household2
8 or more people in household2
0 people in household0
7 people in household0