Housing Market Analysis for SOUTHDOWN LANE, PO38 2LJ

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £351,583 median price is £345,000 Standard Deviation is £85,601 with Total Sold: 6
    • The Last 5 Year average price is £500,000 with Total Sold: 1
    • The most recent sale happened at this postcode is BOX COTTAGE SOUTHDOWN LANE: £500,000 (Sold on 01 Apr 2021)
    • 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:

Below table and chart gives the average PO38 2LJ 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
2021£500,000 £3,704 1
2017£335,000 £952 1
2009£345,000 £980 1
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

All the Sales in the SOUTHDOWN LANE, PO38 2LJ

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

AddressSold DatePrice% Change
BOX COTTAGE SOUTHDOWN LANEDetached, FreeholdArea: 135 Sq.mtrAge: before 190001 Apr 2021£500,000First Sale
SOUTHDOWN DAIRY SOUTHDOWN LANEOther, FreeholdArea: 289 Sq.mtrAge: before 190031 Oct 2018£685,00081.46%
22 Oct 2004£377,500First Sale
SOUTHDOWN COTTAGE SOUTHDOWN LANEDetached, FreeholdArea: 352 Sq.mtrAge: 202206 Jan 2017£335,000First Sale
SOUTHDOWN CORNER SOUTHDOWN LANEDetached, FreeholdArea: 352 Sq.mtrAge: 202221 Aug 2009£345,000First Sale
TUTTONS HILL COTTAGE SOUTHDOWN LANEDetached, Freehold21 Jul 2000£345,000First Sale
DOWNEND COTTAGE SOUTHDOWN LANEDetached, FreeholdArea: 187 Sq.mtrAge: before 190001 Jun 1998£207,000First Sale

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

SOUTHDOWN LANE, PO38 2LJ Near By properties

Interactive Map

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

  • Detached
    • The average price is around £422,977 median price is £370,750 Standard Deviation is £199,881 with Total Sold: 22
    • The Last 5 Year average price is £515,800 with Total Sold: 5
    • 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)
  • Semi-Detached
    • The average price is around £452,500 median price is £452,500 Standard Deviation is £137,500 with Total Sold: 2
    • The Last 5 Year average price is £590,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1, PYLE DAIRY ATHERFIELD ROAD: £590,000 (Sold on 09 Nov 2022)
    • The first recorded sale happened at this postcode is 1, PYLE DAIRY ATHERFIELD ROAD: £315,000 (Sold on 26 Jul 2016)
  • Other
    • The average price is around £785,000 median price is £785,000 Standard Deviation is £100,000 with Total Sold: 2
    • 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 , PYLE MANOR ATHERFIELD ROAD: £885,000 (Sold on 02 Feb 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
2020£422,500 £3,324 2
2019£309,000 £2,433 1
2018£632,0001
2017£517,500 £1,540 2
2012£230,000 £2,150 1
2009£345,000 £980 1
2007£539,000 £2,801 3
2006£305,667 £3,018 3
2004£436,250 £1,991 2
2002£263,000 £1,592 2
2000£345,0001
1998£207,000 £1,107 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£590,000 £5,842 1
2016£315,000 £3,119 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£785,000 £2,585 2

House Type in PO38 2LJ area

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