Housing Market Analysis for GLADICES LANE, PO38 2LB

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £135,750 median price is £135,750 Standard Deviation is £3,250 with Total Sold: 2
    • The most recent sale happened at this postcode is GLADICES GLADICES LANE: £139,000 (Sold on 19 Feb 1997)
    • The first recorded sale happened at this postcode is GLADICES FARM COTTAGE GLADICES LANE: £132,500 (Sold on 22 Mar 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2LB 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
1997£139,000 £755 1
1996£132,500 £709 1

All the Sales in the GLADICES LANE, PO38 2LB

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

AddressSold DatePrice% Change
GLADICES GLADICES LANEDetached, FreeholdArea: 184 Sq.mtrAge: before 190019 Feb 1997£139,000First Sale
GLADICES FARM COTTAGE GLADICES LANEDetached, FreeholdArea: 187 Sq.mtrAge: before 190022 Mar 1996£132,500First Sale

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

GLADICES LANE, PO38 2LB Near By properties

Interactive Map

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

  • Detached
    • The average price is around £198,980 median price is £183,500 Standard Deviation is £104,022 with Total Sold: 30
    • The Last 5 Year average price is £277,000 with Total Sold: 6
    • The most recent sale happened at this postcode is , ENMORE COTTAGE CHALE STREET: £295,000 (Sold on 11 Aug 2023)
    • The first recorded sale happened at this postcode is , ROCKDALE WITHERS ROAD: £63,000 (Sold on 05 May 1995)
  • 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 £200,667 with Total Sold: 3
    • 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 £119,421 median price is £126,000 Standard Deviation is £54,179 with Total Sold: 14
    • The Last 5 Year average price is £204,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 5, SOUTH VIEW COTTAGES EAST VIEW LANE: £200,000 (Sold on 06 Oct 2020)
    • The first recorded sale happened at this postcode is 2, SOUTH VIEW COTTAGE EAST VIEW LANE: £49,400 (Sold on 13 Mar 1996)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£295,000 £3,734 1
2022£480,000 £3,721 1
2020£186,000 £2,066 2
2019£257,500 £3,259 2
2016£250,000 £3,165 1
2014£253,333 £2,408 3
2013£122,500 £3,224 1
2012£234,500 £2,345 1
2011£120,000 £2,036 1
2010£395,000 £2,098 1
2007£168,0001
2006£395,000 £2,098 1
2004£227,500 £2,057 2
2003£137,5001
2002£249,950 £1,327 1
2000£127,817 £1,292 3
1999£90,000 £1,111 1
1998£83,000 £1,051 1
1997£89,333 £786 3
1996£132,500 £709 1
1995£63,000 £585 1
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
2020£200,000 £2,299 1
2019£208,0001
2015£129,000 £2,189 3
2007£167,0001
2005£172,000 £1,870 1
2004£139,0001
2002£115,0001
2001£63,000 £506 2
1998£63,5001
1996£47,2002

House Type in PO38 2LB area

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