Housing Market Analysis for MILITARY ROAD, PO38 2JE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £518,500 median price is £449,500 Standard Deviation is £279,942 with Total Sold: 4
    • The Last 5 Year average price is £925,000 with Total Sold: 1
    • The most recent sale happened at this postcode is HILLCREST MILITARY ROAD: £925,000 (Sold on 11 Nov 2022)
    • The first recorded sale happened at this postcode is EREWEBE MILITARY ROAD: £250,000 (Sold on 24 Nov 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2JE 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
2022£925,000 £3,351 1
2018£632,0001
2007£267,0001
2006£250,0001

All the Sales in the MILITARY ROAD, PO38 2JE

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

AddressSold DatePrice% Change
HILLCREST MILITARY ROADDetached, FreeholdArea: 276 Sq.mtrAge: 1900-192911 Nov 2022£925,000First Sale
EREWEBE MILITARY ROADDetached, Freehold27 Sep 2018£632,000136.70%
31 Jul 2007£267,0006.80%
24 Nov 2006£250,000First Sale

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

MILITARY ROAD, PO38 2JE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £418,350 median price is £345,000 Standard Deviation is £205,986 with Total Sold: 10
    • The Last 5 Year average price is £712,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , HILLCREST MILITARY ROAD: £925,000 (Sold on 11 Nov 2022)
    • The first recorded sale happened at this postcode is , DOWNEND COTTAGE SOUTHDOWN LANE: £207,000 (Sold on 01 Jun 1998)
  • Other
    • The average price is around £685,000 median price is £685,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , SOUTHDOWN DAIRY SOUTHDOWN LANE: £685,000 (Sold on 31 Oct 2018)
    • The first recorded sale happened at this postcode is , SOUTHDOWN DAIRY SOUTHDOWN LANE: £685,000 (Sold on 31 Oct 2018)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£925,000 £3,351 1
2021£500,000 £3,704 1
2018£632,0001
2017£335,000 £952 1
2009£345,000 £980 1
2007£267,0001
2006£250,0001
2004£377,500 £1,306 1
2000£345,0001
1998£207,000 £1,107 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£685,000 £2,370 1

House Type in PO38 2JE area

The most common house types in the PO38 2JE 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 2JE 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