Housing Market Analysis for PO38 2NZ

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £255,190 median price is £265,000 Standard Deviation is £83,470 with Total Sold: 5
    • The Last 5 Year average price is £395,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1, FORD COTTAGES FORD FARM LANE: £395,000 (Sold on 13 May 2021)
    • The first recorded sale happened at this postcode is 2, FORD COTTAGES FORD FARM LANE: £146,000 (Sold on 30 Jun 2000)
  • Detached
    • The average price is around £105,000 median price is £105,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is STONEBROOK: £105,000 (Sold on 28 Jul 1997)
    • The first recorded sale happened at this postcode is STONEBROOK: £105,000 (Sold on 28 Jul 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2NZ 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£395,0001
2013£265,0001
2011£270,0001
2002£199,9501
2000£146,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
1997£105,0001

All the Sales in the PO38 2NZ

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

AddressSold DatePrice% Change
1, FORD COTTAGES FORD FARM LANESemi-Detached, Freehold13 May 2021£395,00049.06%
21 Jun 2013£265,00032.53%
16 Oct 2002£199,950First Sale
2, FORD COTTAGES FORD FARM LANESemi-Detached, Freehold04 Nov 2011£270,00084.93%
30 Jun 2000£146,000First Sale
STONEBROOKDetached, Freehold28 Jul 1997£105,000First Sale

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

PO38 2NZ Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £244,966 median price is £237,250 Standard Deviation is £93,341 with Total Sold: 16
    • The Last 5 Year average price is £384,000 with Total Sold: 3
    • The most recent sale happened at this postcode is , WAYSIDE COTTAGE SOUTHFORD LANE: £450,000 (Sold on 18 Aug 2022)
    • The first recorded sale happened at this postcode is 2, FORD COTTAGES FORD FARM LANE: £146,000 (Sold on 30 Jun 2000)
  • Detached
    • The average price is around £417,833 median price is £181,250 Standard Deviation is £514,456 with Total Sold: 6
    • The Last 5 Year average price is £1,555,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , SOUTHFORD MILL SOUTHFORD LANE: £1,555,000 (Sold on 31 Jan 2022)
    • The first recorded sale happened at this postcode is , STONEBROOK : £105,000 (Sold on 28 Jul 1997)
  • Other
    • The average price is around £475,000 median price is £475,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is , THE COTTAGE SOUTHFORD LANE: £475,000 (Sold on 29 Jun 2018)
    • The first recorded sale happened at this postcode is , THE COTTAGE SOUTHFORD LANE: £475,000 (Sold on 29 Jun 2018)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£450,000 £4,054 1
2021£395,0001
2020£307,000 £3,165 1
2019£310,000 £2,793 1
2014£209,500 £2,160 1
2013£230,000 £1,679 3
2011£270,0001
2007£295,000 £3,041 1
2003£173,250 £1,459 2
2002£183,475 £1,518 2
2001£133,5001
2000£146,0001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,555,000 £6,220 1
2018£270,000 £3,398 2
2001£172,500 £1,675 1
1998£134,500 £739 1
1997£105,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2018£475,0001

House Type in PO38 2NZ area

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