Housing Market Analysis for MILITARY ROAD, PO38 2LW

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

Overview of Sold House prices

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

  • Terraced
    • The average price is around £153,688 median price is £169,000 Standard Deviation is £39,221 with Total Sold: 8
    • The Last 5 Year average price is £180,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5, COASTGUARD COTTAGES MILITARY ROAD: £180,000 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is 6, COASTGUARD COTTAGES MILITARY ROAD: £70,500 (Sold on 29 Nov 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2LW 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
2024£180,0001
2017£175,000 £1,862 1
2014£205,000 £2,181 1
2007£168,000 £1,787 1
2005£170,0001
2002£136,000 £1,563 1
2001£125,0001
1996£70,5001

All the Sales in the MILITARY ROAD, PO38 2LW

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

AddressSold DatePrice% Change
5, COASTGUARD COTTAGES MILITARY ROADTerraced, Freehold22 Jul 2024£180,00032.35%
14 Nov 2002£136,000First Sale
4, COASTGUARD COTTAGES MILITARY ROADTerraced, FreeholdArea: 94 Sq.mtrAge: 1900-192909 May 2017£175,000-14.63%
19 Feb 2014£205,00022.02%
31 Oct 2007£168,000First Sale
1, COASTGUARD COTTAGE MILITARY ROADTerraced, Freehold20 Jun 2005£170,00036.00%
05 Sep 2001£125,000First Sale
6, COASTGUARD COTTAGES MILITARY ROADTerraced, Freehold29 Nov 1996£70,500First Sale

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

MILITARY ROAD, PO38 2LW Near By properties

Interactive Map

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

  • Terraced
    • The average price is around £153,688 median price is £169,000 Standard Deviation is £39,221 with Total Sold: 8
    • The Last 5 Year average price is £180,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 5, COASTGUARD COTTAGES MILITARY ROAD: £180,000 (Sold on 22 Jul 2024)
    • The first recorded sale happened at this postcode is 6, COASTGUARD COTTAGES MILITARY ROAD: £70,500 (Sold on 29 Nov 1996)

Sold Price Trend Over the Years:

House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£180,0001
2017£175,000 £1,862 1
2014£205,000 £2,181 1
2007£168,000 £1,787 1
2005£170,0001
2002£136,000 £1,563 1
2001£125,0001
1996£70,5001

House Type in PO38 2LW area

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