Housing Market Analysis for PO38 2LX

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

Overview of Sold House prices

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

  • Other
    • The average price is around £340,000 median price is £340,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is STONELANDS: £340,000 (Sold on 23 Jan 2017)
    • The first recorded sale happened at this postcode is STONELANDS: £340,000 (Sold on 23 Jan 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2LX 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
2017£340,000 £2,720 1

All the Sales in the PO38 2LX

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

AddressSold DatePrice% Change
STONELANDSOther, FreeholdArea: 125 Sq.mtrAge: 1950-196623 Jan 2017£340,000First Sale

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

PO38 2LX Near By properties

Interactive Map

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

  • Detached
    • The average price is around £250,122 median price is £209,000 Standard Deviation is £180,847 with Total Sold: 155
    • The Last 5 Year average price is £430,058 with Total Sold: 26
    • The most recent sale happened at this postcode is , CEDAR GLEN VENTNOR ROAD: £445,000 (Sold on 26 Jul 2024)
    • The first recorded sale happened at this postcode is , VECTIS INSTITUTE HILL: £68,000 (Sold on 30 Jan 1995)
  • Semi-Detached
    • The average price is around £161,175 median price is £163,000 Standard Deviation is £91,636 with Total Sold: 143
    • The Last 5 Year average price is £298,455 with Total Sold: 20
    • The most recent sale happened at this postcode is , 19 VERLANDS CLOSE: £327,500 (Sold on 05 Dec 2023)
    • The first recorded sale happened at this postcode is , 14 GREENLYDD CLOSE: £53,000 (Sold on 05 May 1995)
  • Other
    • The average price is around £385,000 median price is £340,000 Standard Deviation is £101,078 with Total Sold: 3
    • The Last 5 Year average price is £407,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , DOUGLAS END INSTITUTE HILL: £525,000 (Sold on 03 Aug 2021)
    • The first recorded sale happened at this postcode is , STONELANDS : £340,000 (Sold on 23 Jan 2017)
  • Terraced
    • The average price is around £118,750 median price is £99,250 Standard Deviation is £71,577 with Total Sold: 8
    • The Last 5 Year average price is £187,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , BEVERLEY CASTLEHAVEN LANE: £115,000 (Sold on 18 Sep 2020)
    • The first recorded sale happened at this postcode is , MEADOW BANK INSTITUTE HILL: £63,500 (Sold on 08 Feb 1999)
  • Flat
    • The average price is around £46,667 median price is £50,000 Standard Deviation is £8,498 with Total Sold: 3
    • The most recent sale happened at this postcode is 21, WESTCLIFFE BOXERS LANE: £50,000 (Sold on 08 Oct 2018)
    • The first recorded sale happened at this postcode is 27, WESTCLIFFE BOXERS LANE: £55,000 (Sold on 10 Oct 2008)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£445,0001
2023£690,000 £4,934 3
2022£743,667 £4,642 3
2021£407,600 £3,551 5
2020£355,500 £3,433 5
2019£291,111 £3,795 9
2018£448,500 £2,996 8
2017£309,875 £2,655 4
2016£241,419 £2,900 9
2015£207,562 £2,329 8
2014£312,500 £2,522 4
2013£233,200 £3,232 5
2012£174,000 £2,772 2
2011£278,500 £2,838 8
2009£329,250 £2,608 4
2007£290,833 £2,508 6
2006£282,700 £3,045 5
2005£261,500 £1,878 2
2004£330,988 £2,336 4
2003£199,500 £1,856 5
2002£162,623 £1,895 11
2001£119,250 £1,438 4
2000£200,7504
1999£117,688 £1,055 8
1998£141,890 £756 5
1997£96,421 £892 7
1996£87,687 £714 8
1995£64,812 £662 8
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£337,500 £5,267 5
2022£315,550 £3,759 5
2021£339,975 £3,600 2
2020£244,180 £3,424 5
2019£267,667 £3,725 3
2018£226,000 £3,503 7
2017£186,750 £2,644 2
2016£218,800 £2,846 5
2015£190,600 £2,665 5
2014£160,500 £2,412 2
2013£199,825 £2,529 6
2012£200,333 £2,290 3
2011£131,833 £2,357 3
2010£200,000 £3,226 1
2009£188,333 £2,562 3
2008£215,0001
2007£243,821 £2,737 7
2006£180,071 £2,586 7
2005£193,000 £2,170 2
2004£172,5001
2003£160,750 £1,926 10
2002£142,600 £1,602 5
2001£98,215 £1,254 10
2000£83,400 £1,117 5
1999£64,971 £979 12
1998£82,790 £1,136 5
1997£55,405 £960 11
1996£51,417 £642 6
1995£55,750 £757 4
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£525,000 £3,431 1
2019£290,000 £2,788 1
2017£340,000 £2,720 1
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£115,0001
2019£260,000 £3,210 1
2014£31,000 £1,292 1
2003£205,0001
2001£81,7502
2000£112,0001
1999£63,5001
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£50,000 £2,174 1
2013£35,000 £1,522 1
2008£55,000 £2,292 1

House Type in PO38 2LX area

The most common house types in the PO38 2LX postcode area are Detached (76), Semi-detached (27), and Terraced (8).

Total122
Detached76
Semi-detached27
Terraced8
temporary structure6
Shared house5
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (66), and Owned: Owns with a mortgage or loan (36).

Owned: Owns outright66
Owned: Owns with a mortgage or loan36
Private rented: Private landlord or letting agency18
Private rented: Other private rented3
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Social rented: Other social rented0
Lives rent free0

Number of People in a Household

The most houses in the PO38 2LX have 2 people in household (58), and 1 person in household (31).

2 people in household58
1 person in household31
3 people in household12
4 people in household11
5 people in household6
6 people in household2
8 or more people in household2
0 people in household0
7 people in household0