Housing Market Analysis for MEADOW CLOSE, PO38 2QD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £163,395 median price is £185,000 Standard Deviation is £82,137 with Total Sold: 19
    • The Last 5 Year average price is £300,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 1 MEADOW CLOSE: £340,000 (Sold on 15 Sep 2022)
    • The first recorded sale happened at this postcode is 8 MEADOW CLOSE: £48,000 (Sold on 19 May 1995)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2QD 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
2022£340,000 £4,000 1
2020£260,000 £3,562 1
2019£260,000 £3,059 1
2017£235,000 £2,611 1
2015£196,500 £2,850 2
2006£229,0001
2005£185,0001
2004£197,500 £2,846 2
2003£140,000 £1,918 1
2002£161,000 £1,894 1
2001£99,250 £1,289 2
2000£93,0001
1996£55,000 £808 2
1995£52,500 £652 2

All the Sales in the MEADOW CLOSE, PO38 2QD

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

AddressSold DatePrice% Change
1 MEADOW CLOSEDetached, FreeholdArea: 85 Sq.mtrAge: 1950-196615 Sep 2022£340,00030.77%
28 Oct 2019£260,00061.49%
10 Dec 2002£161,000122.07%
23 May 2001£72,500First Sale
5 MEADOW CLOSEDetached, FreeholdArea: 73 Sq.mtrAge: 1976-198202 Nov 2020£260,00085.71%
24 Jan 2003£140,00011.11%
23 Nov 2001£126,000113.56%
01 Aug 1996£59,000First Sale
8 MEADOW CLOSEDetached, FreeholdArea: 90 Sq.mtrAge: 1950-196627 Mar 2017£235,000389.58%
19 May 1995£48,000First Sale
3 MEADOW CLOSEDetached, FreeholdArea: 74 Sq.mtrAge: 1967-197530 Nov 2015£185,000224.56%
24 Aug 1995£57,000First Sale
2 MEADOW CLOSEDetached, FreeholdArea: 65 Sq.mtrAge: 1967-197519 May 2015£208,00012.43%
23 Sep 2004£185,000First Sale
4 MEADOW CLOSEDetached, Freehold09 Aug 2006£229,00023.78%
17 Oct 2005£185,000First Sale
7 MEADOW CLOSEDetached, Freehold21 Dec 2004£210,000First Sale
6 MEADOW CLOSEDetached, Freehold24 Nov 2000£93,00082.35%
19 Jun 1996£51,000First Sale

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

MEADOW CLOSE, PO38 2QD Near By properties

Interactive Map

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

  • Detached
    • The average price is around £238,203 median price is £215,000 Standard Deviation is £154,824 with Total Sold: 316
    • The Last 5 Year average price is £388,639 with Total Sold: 54
    • The most recent sale happened at this postcode is , BRIDLEWAY HOUSE ASHKNOWLE LANE: £640,000 (Sold on 19 Aug 2024)
    • The first recorded sale happened at this postcode is , 28 BANNOCK ROAD: £55,000 (Sold on 04 Jan 1995)
  • Other
    • The average price is around £402,720 median price is £450,000 Standard Deviation is £269,690 with Total Sold: 5
    • The Last 5 Year average price is £224,533 with Total Sold: 3
    • The most recent sale happened at this postcode is , PRIMROSE COTTAGE KEMMING ROAD: £213,000 (Sold on 21 May 2024)
    • The first recorded sale happened at this postcode is , STATION HOUSE NETTLECOMBE LANE: £790,000 (Sold on 17 May 2019)
  • Flat
    • The average price is around £91,575 median price is £93,500 Standard Deviation is £44,087 with Total Sold: 30
    • The Last 5 Year average price is £164,500 with Total Sold: 4
    • The most recent sale happened at this postcode is 3, WHITWELL FARM MAISONETTES HIGH STREET: £165,000 (Sold on 28 Mar 2024)
    • The first recorded sale happened at this postcode is 7, WHITWELL FARM MAISONETTES HIGH STREET: £39,000 (Sold on 04 Jan 1995)
  • Semi-Detached
    • The average price is around £180,159 median price is £182,500 Standard Deviation is £94,559 with Total Sold: 136
    • The Last 5 Year average price is £322,875 with Total Sold: 8
    • The most recent sale happened at this postcode is , 48 BANNOCK ROAD: £330,000 (Sold on 19 Jan 2024)
    • The first recorded sale happened at this postcode is , 4 NETTLECOMBE LANE: £54,000 (Sold on 10 Jan 1995)
  • Terraced
    • The average price is around £198,739 median price is £220,000 Standard Deviation is £56,778 with Total Sold: 23
    • The Last 5 Year average price is £254,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 1, BRADING COTTAGES SLAY LANE: £275,000 (Sold on 06 Nov 2020)
    • The first recorded sale happened at this postcode is 4, BROOKSIDE COTTAGES HIGH STREET: £67,930 (Sold on 16 Sep 1998)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£460,0003
2023£438,929 £4,316 7
2022£409,625 £4,754 8
2021£402,900 £3,494 20
2020£324,938 £3,237 16
2019£327,000 £3,279 9
2018£324,286 £2,876 7
2017£294,429 £2,895 7
2016£324,000 £2,491 11
2015£362,812 £2,704 8
2014£236,792 £2,452 12
2013£240,286 £2,676 7
2012£225,808 £2,583 13
2011£236,250 £2,387 4
2010£347,814 £2,497 7
2009£246,583 £2,223 12
2008£370,357 £2,323 7
2007£258,056 £2,649 8
2006£227,389 £2,464 20
2005£289,167 £1,905 6
2004£215,942 £2,449 18
2003£201,944 £1,806 9
2002£157,189 £1,521 18
2001£130,800 £1,567 10
2000£110,895 £1,233 10
1999£120,104 £888 14
1998£72,889 £876 8
1997£74,963 £739 15
1996£69,284 £768 16
1995£59,917 £600 6
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£213,0001
2023£450,000 £3,750 1
2021£10,600 £230 1
2019£670,000 £3,882 2
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£165,0001
2022£161,500 £3,169 2
2021£170,000 £2,994 1
2016£120,000 £2,667 1
2015£110,000 £1,930 1
2013£107,500 £1,853 1
2012£120,000 £2,113 1
2011£122,000 £2,327 1
2008£129,000 £549 1
2007£127,500 £2,609 2
2006£120,000 £2,143 1
2005£115,000 £2,556 1
2004£99,500 £423 1
2003£83,000 £1,039 2
2002£75,000 £1,346 1
2001£65,333 £1,243 3
2000£45,375 £237 2
1999£46,333 £634 3
1998£33,000 £179 2
1996£19,5001
1995£39,000 £696 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£330,000 £4,231 1
2023£725,0001
2022£312,500 £3,766 2
2021£225,000 £3,629 1
2020£226,000 £3,046 3
2019£184,333 £2,905 3
2018£304,800 £2,626 5
2017£218,500 £2,932 2
2016£315,375 £2,747 4
2015£206,495 £2,376 11
2014£184,284 £2,449 11
2013£193,519 £2,476 8
2012£169,500 £2,499 1
2011£151,750 £2,331 2
2010£202,000 £3,179 1
2009£174,667 £2,126 3
2008£236,136 £2,646 7
2007£227,625 £2,138 4
2006£193,917 £2,569 6
2005£202,380 £2,371 5
2004£191,790 £2,192 5
2003£167,173 £1,750 7
2002£139,857 £1,355 7
2001£140,833 £1,290 6
2000£108,000 £1,301 3
1999£108,950 £835 10
1998£58,375 £851 4
1997£59,500 £562 6
1996£59,150 £723 3
1995£56,000 £673 4
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2020£254,500 £3,101 2
2019£285,000 £2,908 1
2018£260,000 £1,970 1
2016£200,0001
2015£178,000 £2,613 4
2014£230,206 £2,156 3
2009£250,0001
2007£194,000 £2,495 2
2006£224,5002
2005£225,5001
2004£175,0001
2003£148,975 £2,826 2
1999£61,000 £981 1
1998£67,9301

House Type in PO38 2QD area

The most common house types in the PO38 2QD postcode area are Detached (85), Semi-detached (56), and Terraced (13).

Total166
Detached85
Semi-detached56
Terraced13
Flat11
commercial building1
Shared house0
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (91), and Owned: Owns with a mortgage or loan (44).

Owned: Owns outright91
Owned: Owns with a mortgage or loan44
Private rented: Private landlord or letting agency20
Private rented: Other private rented6
Social rented: Other social rented5
Social rented: Rents from council or Local Authority2
Does not apply0
Shared ownership: Shared ownership0
Lives rent free0

Number of People in a Household

The most houses in the PO38 2QD have 2 people in household (65), and 1 person in household (56).

2 people in household65
1 person in household56
4 people in household23
3 people in household19
5 people in household5
6 people in household2
0 people in household0
7 people in household0
8 or more people in household0