Housing Market Analysis for THE TERRACE, PO38 2HL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £386,600 median price is £108,000 Standard Deviation is £393,228 with Total Sold: 5
    • The Last 5 Year average price is £925,000 with Total Sold: 1
    • The most recent sale happened at this postcode is SAETER THE TERRACE: £925,000 (Sold on 24 May 2023)
    • The first recorded sale happened at this postcode is SUN ACRE THE TERRACE: £30,000 (Sold on 28 Oct 1996)
  • Terraced
    • The average price is around £100,000 median price is £100,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 6 CLIFF TERRACE: £100,000 (Sold on 13 May 2003)
    • The first recorded sale happened at this postcode is 6 CLIFF TERRACE: £100,000 (Sold on 13 May 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2HL 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
2023£925,000 £2,024 1
2007£805,000 £1,761 1
2004£108,000 £396 1
1998£65,000 £290 1
1996£30,000 £134 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£100,0001

All the Sales in the THE TERRACE, PO38 2HL

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

AddressSold DatePrice% Change
SAETER THE TERRACEDetached, FreeholdArea: 457 Sq.mtrAge: 1900-192924 May 2023£925,00014.91%
01 Aug 2007£805,000First Sale
INGLESTON THE TERRACEDetached, FreeholdArea: 273 Sq.mtrAge: before 190027 Apr 2004£108,000First Sale
6 CLIFF TERRACETerraced, Freehold13 May 2003£100,000First Sale
SUN ACRE THE TERRACEDetached, FreeholdArea: 224 Sq.mtrAge: 1900-192915 Dec 1998£65,000116.67%
28 Oct 1996£30,000First Sale

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

THE TERRACE, PO38 2HL Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £199,700 median price is £227,250 Standard Deviation is £98,430 with Total Sold: 10
    • The Last 5 Year average price is £328,750 with Total Sold: 2
    • The most recent sale happened at this postcode is , DOLPHINS, 5 CHURCH PLACE: £375,000 (Sold on 29 Aug 2023)
    • The first recorded sale happened at this postcode is , 5 CHURCH PLACE: £50,000 (Sold on 16 Jul 1997)
  • Detached
    • The average price is around £252,065 median price is £165,000 Standard Deviation is £226,760 with Total Sold: 23
    • The Last 5 Year average price is £500,000 with Total Sold: 4
    • The most recent sale happened at this postcode is , SAETER THE TERRACE: £925,000 (Sold on 24 May 2023)
    • The first recorded sale happened at this postcode is , LOWER HOUSE CHURCH PLACE: £124,000 (Sold on 01 Jul 1996)
  • Terraced
    • The average price is around £129,167 median price is £137,500 Standard Deviation is £21,246 with Total Sold: 3
    • The Last 5 Year average price is £150,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1, DENHAMS CHURCH PLACE: £150,000 (Sold on 05 Mar 2020)
    • The first recorded sale happened at this postcode is , 6 CLIFF TERRACE: £100,000 (Sold on 13 May 2003)
  • Other
    • The average price is around £81,000 median price is £81,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE OLD COACH HOUSE : £81,000 (Sold on 30 Nov 2018)
    • The first recorded sale happened at this postcode is , THE OLD COACH HOUSE : £81,000 (Sold on 30 Nov 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£375,0001
2019£282,500 £1,761 1
2014£217,500 £1,894 2
2011£232,000 £2,478 1
2007£250,000 £2,212 1
2004£222,500 £1,544 1
2002£90,000 £625 1
2001£60,0001
1997£50,000 £442 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£925,000 £2,024 1
2022£500,000 £2,632 1
2021£287,500 £6,452 2
2017£161,000 £2,800 2
2015£160,000 £2,192 1
2013£479,000 £3,193 1
2007£482,500 £2,112 2
2005£312,500 £2,083 1
2004£150,250 £1,033 4
2003£165,0001
2000£150,000 £1,364 2
1998£65,000 £290 1
1997£137,0002
1996£77,000 £134 2
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£150,000 £3,947 1
2017£137,500 £3,618 1
2003£100,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£81,000 £424 1

House Type in PO38 2HL area

The most common house types in the PO38 2HL postcode area are Detached (96), Semi-detached (42), and temporary structure (8).

Total150
Detached96
Semi-detached42
temporary structure8
Terraced2
Flat1
Shared house1
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (93), and Owned: Owns with a mortgage or loan (29).

Owned: Owns outright93
Owned: Owns with a mortgage or loan29
Private rented: Private landlord or letting agency15
Social rented: Other social rented7
Private rented: Other private rented5
Shared ownership: Shared ownership2
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the PO38 2HL have 2 people in household (67), and 1 person in household (52).

2 people in household67
1 person in household52
3 people in household19
5 people in household5
4 people in household3
6 people in household1
7 people in household1
8 or more people in household1
0 people in household0