Housing Market Analysis for CORVE, PO38 2LA

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

Overview of Sold House prices

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

  • Other
    • The average price is around £340,000 median price is £340,000 Standard Deviation is £235,000 with Total Sold: 2
    • The Last 5 Year average price is £575,000 with Total Sold: 1
    • The most recent sale happened at this postcode is CORVE FARM HOUSE CORVE: £575,000 (Sold on 30 Mar 2021)
    • The first recorded sale happened at this postcode is CORVE FARM CORVE: £105,000 (Sold on 23 Mar 2018)
  • Detached
    • The average price is around £525,000 median price is £525,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £525,000 with Total Sold: 1
    • The most recent sale happened at this postcode is CORVE LODGE CORVE: £525,000 (Sold on 04 Jan 2024)
    • The first recorded sale happened at this postcode is CORVE LODGE CORVE: £525,000 (Sold on 04 Jan 2024)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2LA 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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£575,000 £3,616 1
2018£105,000 £660 1
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£525,0001

All the Sales in the CORVE, PO38 2LA

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

AddressSold DatePrice% Change
CORVE FARM HOUSE CORVEOther, FreeholdArea: 159 Sq.mtrAge: 1950-196630 Mar 2021£575,000First Sale
CORVE FARM CORVEOther, FreeholdArea: 159 Sq.mtrAge: 1950-196623 Mar 2018£105,000First Sale
CORVE LODGE CORVEDetached, Freehold04 Jan 2024£525,000First Sale

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

CORVE, PO38 2LA Near By properties

Interactive Map

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

  • Detached
    • The average price is around £252,847 median price is £222,500 Standard Deviation is £153,273 with Total Sold: 39
    • The Last 5 Year average price is £451,875 with Total Sold: 4
    • 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 , ST MARTINS TOWN LANE: £57,000 (Sold on 07 Jul 1995)
  • 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)
  • Other
    • The average price is around £340,000 median price is £340,000 Standard Deviation is £235,000 with Total Sold: 2
    • The Last 5 Year average price is £575,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , CORVE FARM HOUSE CORVE: £575,000 (Sold on 30 Mar 2021)
    • The first recorded sale happened at this postcode is , CORVE FARM CORVE: £105,000 (Sold on 23 Mar 2018)
  • Semi-Detached
    • The average price is around £164,357 median price is £167,000 Standard Deviation is £50,981 with Total Sold: 7
    • 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 , CLAREMONT EMMETT HILL: £81,000 (Sold on 07 Jan 1997)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£525,0002
2023£467,500 £4,770 1
2020£290,000 £4,085 1
2018£320,000 £2,764 1
2016£423,750 £3,156 4
2011£280,000 £2,419 1
2010£220,0001
2009£320,000 £3,874 2
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£170,000 £2,084 2
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
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: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£575,000 £3,616 1
2018£105,000 £660 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£208,0001
2013£218,500 £2,571 1
2007£167,0001
2004£139,0001
2003£222,000 £1,350 1
2002£115,0001
1997£81,000 £493 1

House Type in PO38 2LA area

The most common house types in the PO38 2LA postcode area are Detached (70), Semi-detached (27), and Terraced (5).

Total107
Detached70
Semi-detached27
Terraced5
temporary structure4
converted building1
Flat0
Shared house0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (20).

Owned: Owns outright62
Owned: Owns with a mortgage or loan20
Private rented: Private landlord or letting agency14
Private rented: Other private rented8
Shared ownership: Shared ownership1
Social rented: Rents from council or Local Authority1
Social rented: Other social rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the PO38 2LA have 2 people in household (40), and 1 person in household (29).

2 people in household40
1 person in household29
3 people in household18
4 people in household14
5 people in household4
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0