Housing Market Analysis for TOWN LANE, PO38 2JS

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £227,501 median price is £220,000 Standard Deviation is £135,045 with Total Sold: 34
    • The Last 5 Year average price is £427,500 with Total Sold: 3
    • The most recent sale happened at this postcode is DOUAI TOWN LANE: £467,500 (Sold on 29 Jun 2023)
    • The first recorded sale happened at this postcode is PATTERDALE TOWN LANE: £525,000 (Sold on 16 Aug 2024)
  • Terraced
    • The average price is around £202,500 median price is £202,500 Standard Deviation is £122,500 with Total Sold: 2
    • The most recent sale happened at this postcode is GOTHIC VIEW TOWN LANE: £325,000 (Sold on 18 Jul 2017)
    • The first recorded sale happened at this postcode is GOTHIC VIEW TOWN LANE: £80,000 (Sold on 30 Jan 1998)
  • Semi-Detached
    • The average price is around £218,500 median price is £218,500 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is TOWN LANE COTTAGE TOWN LANE: £218,500 (Sold on 12 Dec 2013)
    • The first recorded sale happened at this postcode is TOWN LANE COTTAGE TOWN LANE: £218,500 (Sold on 12 Dec 2013)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2JS 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£467,500 £4,770 1
2020£290,000 £4,085 1
2018£320,000 £2,764 1
2016£320,000 £2,759 2
2011£280,000 £2,419 1
2010£220,0001
2009£285,0001
2007£436,000 £2,259 1
2006£490,0002
2005£235,025 £2,156 4
2004£200,612 £2,433 4
2003£137,5002
2002£149,0001
2000£240,000 £1,244 1
1999£83,500 £888 2
1998£82,500 £389 3
1997£89,500 £723 3
1996£145,0001
1995£57,0001
2024£525,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£325,000 £4,208 1
1998£80,000 £1,036 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£218,500 £2,571 1

All the Sales in the TOWN LANE, PO38 2JS

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

AddressSold DatePrice% Change
DOUAI TOWN LANEDetached, FreeholdArea: 98 Sq.mtrAge: 1967-197529 Jun 2023£467,50094.83%
24 Sep 2004£239,950175.80%
29 Jan 1999£87,000First Sale
DIXIE TOWN LANEDetached, FreeholdArea: 71 Sq.mtrAge: 1967-197511 Sep 2020£290,000First Sale
PRIMROSE COTTAGE TOWN LANEDetached, FreeholdArea: 115.77 Sq.mtr31 May 2018£320,00014.29%
14 Jan 2011£280,00060.92%
08 Jul 2005£174,000First Sale
GOTHIC VIEW TOWN LANETerraced, FreeholdArea: 77.24 Sq.mtrAge: before 190018 Jul 2017£325,000306.25%
30 Jan 1998£80,000First Sale
PATTERDALE TOWN LANEDetached, FreeholdArea: 78 Sq.mtrAge: 1950-196623 Aug 2016£270,00020.00%
06 Jan 2005£225,000-57.14%
16 Aug 2024£525,000First Sale
PINETREES TOWN LANEDetached, FreeholdArea: 180 Sq.mtrAge: 1996-200222 Jul 2016£370,000428.57%
01 Sep 1998£70,000First Sale
TOWN LANE COTTAGE TOWN LANESemi-Detached, FreeholdArea: 85 Sq.mtrAge: before 190012 Dec 2013£218,500First Sale
LAUREL COTTAGE TOWN LANEDetached, Freehold16 Aug 2010£220,00062.96%
03 Dec 2004£135,00068.75%
08 Jul 2003£80,000First Sale
PELHAMS TOWN LANEDetached, Freehold29 Jul 2009£285,000First Sale
ORCHARD COTTAGE TOWN LANEDetached, FreeholdArea: 193 Sq.mtrAge: 1976-198224 Jan 2007£436,00081.67%
27 Jul 2000£240,000First Sale
MICKLEGATE TOWN LANEDetached, Freehold11 Aug 2006£455,000First Sale
LOSTLAND TOWN LANEDetached, Freehold22 Jun 2006£525,000262.07%
15 Mar 1996£145,000First Sale
VINE COTTAGE TOWN LANEDetached, FreeholdArea: 92 Sq.mtrAge: before 190011 May 2005£220,000-1.12%
23 Jul 2004£222,500224.82%
27 May 1997£68,500First Sale
MARICOURT TOWN LANEDetached, FreeholdArea: 174.11 Sq.mtrAge: 1930-194914 Jan 2005£321,100163.20%
22 May 1997£122,000First Sale
ST MARTINS TOWN LANEDetached, Freehold13 Sep 2004£205,0005.13%
27 Nov 2003£195,00030.87%
12 Aug 2002£149,000161.40%
07 Jul 1995£57,000First Sale
LONG THATCH TOWN LANEDetached, Freehold21 Oct 1999£80,000First Sale
CHAMPEX TOWN LANEDetached, Freehold16 Nov 1998£92,000First Sale
TRAVELLA TOWN LANEDetached, Freehold29 Jun 1998£85,5009.62%
30 Apr 1997£78,000First Sale

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

TOWN LANE, PO38 2JS Near By properties

Interactive Map

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

  • Detached
    • The average price is around £248,735 median price is £225,000 Standard Deviation is £148,053 with Total Sold: 61
    • The Last 5 Year average price is £426,500 with Total Sold: 5
    • The most recent sale happened at this postcode is , PATTERDALE TOWN LANE: £525,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , ROCKDALE WITHERS ROAD: £63,000 (Sold on 05 May 1995)
  • Semi-Detached
    • The average price is around £143,575 median price is £135,405 Standard Deviation is £65,109 with Total Sold: 28
    • The Last 5 Year average price is £235,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , HORSESHOES CHALE GREEN: £270,000 (Sold on 05 Mar 2024)
    • The first recorded sale happened at this postcode is , 1 STEYNE VILLAS: £50,000 (Sold on 29 Sep 1995)
  • Other
    • The average price is around £351,667 median price is £375,000 Standard Deviation is £192,585 with Total Sold: 3
    • The Last 5 Year average price is £475,000 with Total Sold: 2
    • The most recent sale happened at this postcode is , POST OFFICE CHALE GREEN: £375,000 (Sold on 13 Oct 2022)
    • The first recorded sale happened at this postcode is , CORVE FARM CORVE: £105,000 (Sold on 23 Mar 2018)
  • Terraced
    • The average price is around £127,366 median price is £145,000 Standard Deviation is £75,619 with Total Sold: 19
    • The Last 5 Year average price is £235,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , SHIRE COTTAGE TOWN LANE: £235,000 (Sold on 12 May 2022)
    • The first recorded sale happened at this postcode is , SHIRE COTTAGE TOWN LANE: £43,000 (Sold on 14 Jun 1995)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£525,0002
2023£467,500 £4,770 1
2021£325,000 £4,167 1
2020£290,000 £4,085 1
2019£285,000 £3,608 1
2018£310,000 £2,764 2
2017£540,000 £3,195 1
2016£389,000 £3,158 5
2015£490,000 £3,101 1
2014£245,000 £2,275 1
2012£364,750 £2,362 2
2011£200,000 £2,227 2
2010£220,0001
2009£320,000 £3,874 2
2007£436,000 £2,259 1
2006£450,000 £1,779 3
2005£235,025 £2,156 4
2004£201,490 £2,466 5
2003£137,5003
2002£210,000 £1,871 4
2000£217,097 £1,400 3
1999£85,667 £999 3
1998£82,625 £720 4
1997£79,375 £729 4
1996£131,750 £570 2
1995£60,000 £585 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£270,0001
2020£200,000 £2,299 1
2019£208,0001
2018£246,000 £2,436 1
2016£250,000 £2,688 1
2015£129,000 £2,189 3
2013£218,500 £2,571 1
2011£135,810 £1,386 1
2007£183,475 £1,769 2
2005£172,000 £1,870 1
2004£162,500 £1,752 3
2003£222,000 £1,350 1
2002£106,7502
2001£105,500 £1,344 2
1999£74,950 £806 1
1998£63,5001
1997£74,500 £547 2
1996£47,2002
1995£50,000 £538 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£375,0001
2021£575,000 £3,616 1
2018£105,000 £660 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£235,000 £3,406 1
2019£183,500 £2,624 2
2017£325,000 £4,208 1
2016£149,000 £2,159 1
2015£177,500 £2,572 1
2014£155,000 £2,321 1
2011£156,000 £2,261 1
2007£145,000 £2,101 1
2006£158,000 £2,366 1
2004£130,000 £1,884 1
1999£59,950 £898 1
1998£65,500 £900 2
1997£51,500 £725 1
1995£45,000 £592 4

House Type in PO38 2JS area

The most common house types in the PO38 2JS postcode area are Semi-detached (47), Detached (42), and Terraced (27).

Total144
Semi-detached47
Detached42
Terraced27
Flat27
temporary structure1
Shared house0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (59), and Owned: Owns outright (53).

Social rented: Other social rented59
Owned: Owns outright53
Social rented: Rents from council or Local Authority11
Owned: Owns with a mortgage or loan9
Private rented: Private landlord or letting agency9
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the PO38 2JS have 2 people in household (58), and 1 person in household (54).

2 people in household58
1 person in household54
3 people in household14
4 people in household8
5 people in household7
7 people in household2
6 people in household1
0 people in household0
8 or more people in household0