Housing Market Analysis for TOWN LANE, PO38 2JX

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £118,526 median price is £145,000 Standard Deviation is £62,316 with Total Sold: 17
    • 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)
  • Semi-Detached
    • The average price is around £157,250 median price is £153,000 Standard Deviation is £34,600 with Total Sold: 4
    • The most recent sale happened at this postcode is DRAYMANS COTTAGE TOWN LANE: £208,000 (Sold on 09 Aug 2019)
    • The first recorded sale happened at this postcode is DRAYMANS COTTAGE TOWN LANE: £115,000 (Sold on 21 Oct 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2JX 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
2022£235,000 £3,406 1
2019£183,500 £2,624 2
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£51,000 £764 1
1997£51,500 £725 1
1995£45,000 £592 4
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£208,0001
2007£167,0001
2004£139,0001
2002£115,0001

All the Sales in the TOWN LANE, PO38 2JX

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

AddressSold DatePrice% Change
SHIRE COTTAGE TOWN LANETerraced, FreeholdArea: 69 Sq.mtrAge: 1930-194912 May 2022£235,00022.40%
22 Nov 2019£192,00028.86%
13 May 2016£149,000-16.06%
02 Sep 2015£177,50013.78%
16 Sep 2011£156,0007.59%
20 Dec 2007£145,00011.54%
31 Mar 2004£130,000202.33%
14 Jun 1995£43,000First Sale
DRAYMANS COTTAGE TOWN LANESemi-Detached, Freehold09 Aug 2019£208,00024.55%
25 Jan 2007£167,00020.14%
06 Feb 2004£139,00020.87%
21 Oct 2002£115,000First Sale
BARLEY COTTAGE TOWN LANETerraced, FreeholdArea: 71 Sq.mtrAge: 1983-199011 Jun 2019£175,000239.81%
10 Dec 1997£51,50024.10%
15 Dec 1995£41,500First Sale
BREWERS COTTAGE TOWN LANETerraced, FreeholdArea: 66.78 Sq.mtrAge: 1991-199529 May 2014£155,000-1.90%
06 Oct 2006£158,000163.55%
13 Dec 1999£59,95017.55%
02 Jul 1998£51,00034.21%
22 Dec 1995£38,000First Sale
THE MALT HOUSE TOWN LANETerraced, Freehold28 Jul 1995£57,500First Sale

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

TOWN LANE, PO38 2JX Near By properties

Interactive Map

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

  • Detached
    • The average price is around £245,148 median price is £222,500 Standard Deviation is £147,025 with Total Sold: 63
    • 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£91,300 £736 5
1996£132,000 £639 3
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 2JX area

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