Housing Market Analysis for MILL PLACE, PO38 2QL

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £1,555,000 median price is £1,555,000 Standard Deviation is £0 with Total Sold: 1
    • 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 SOUTHFORD MILL SOUTHFORD LANE: £1,555,000 (Sold on 31 Jan 2022)
  • Semi-Detached
    • The average price is around £238,500 median price is £238,500 Standard Deviation is £71,500 with Total Sold: 2
    • The most recent sale happened at this postcode is 2 MILL PLACE: £310,000 (Sold on 08 Nov 2013)
    • The first recorded sale happened at this postcode is 2 MILL PLACE: £167,000 (Sold on 30 Jul 2002)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2QL 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£1,555,000 £6,220 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2013£310,000 £2,818 1
2002£167,000 £1,518 1

All the Sales in the MILL PLACE, PO38 2QL

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

AddressSold DatePrice% Change
SOUTHFORD MILL SOUTHFORD LANEDetached, FreeholdArea: 250 Sq.mtrAge: 1996-200231 Jan 2022£1,555,000First Sale
2 MILL PLACESemi-Detached, FreeholdArea: 110 Sq.mtrAge: before 190008 Nov 2013£310,00085.63%
30 Jul 2002£167,000First Sale

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

MILL PLACE, PO38 2QL Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £230,560 median price is £215,000 Standard Deviation is £96,574 with Total Sold: 24
    • The Last 5 Year average price is £381,750 with Total Sold: 4
    • 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, PARADISE COTTAGES SOUTHFORD LANE: £59,990 (Sold on 04 Oct 1996)
  • Detached
    • The average price is around £300,150 median price is £157,250 Standard Deviation is £425,731 with Total Sold: 10
    • 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 , DAIRY COTTAGE SOUTHFORD GODSHILL ROAD: £50,000 (Sold on 20 Sep 1996)
  • Other
    • The average price is around £478,000 median price is £475,000 Standard Deviation is £347,426 with Total Sold: 3
    • The Last 5 Year average price is £479,500 with Total Sold: 2
    • The most recent sale happened at this postcode is BARN AT, SOUTHFORD FARM GODSHILL ROAD: £905,000 (Sold on 23 Sep 2021)
    • 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£412,500 £3,865 2
2021£395,0001
2020£307,000 £3,165 1
2019£310,000 £2,793 1
2018£270,000 £2,647 1
2016£195,000 £1,931 1
2015£220,000 £3,284 1
2014£209,500 £2,160 1
2013£230,000 £1,679 3
2011£270,0001
2010£215,000 £2,108 1
2007£295,000 £3,041 1
2006£215,0001
2003£173,250 £1,459 2
2002£183,475 £1,518 2
2001£133,5001
2000£146,0001
1997£64,0001
1996£59,9901
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£1,555,000 £6,220 1
2018£270,000 £3,398 2
2017£220,000 £3,284 1
2009£142,000 £2,554 1
2001£172,500 £1,675 1
1998£134,500 £739 1
1997£105,0001
1996£66,250 £899 2
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£905,000 £13,507 1
2020£54,0001
2018£475,0001

House Type in PO38 2QL area

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