Housing Market Analysis for ALBAN WAY, PO38 2RF

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £266,416 median price is £266,416 Standard Deviation is £28,584 with Total Sold: 2
    • The Last 5 Year average price is £295,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 1 ALBAN WAY: £295,000 (Sold on 26 Feb 2021)
    • The first recorded sale happened at this postcode is 3 ALBAN WAY: £237,833 (Sold on 06 Oct 2006)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 2RF 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
2021£295,000 £1,941 1
2006£237,8331

All the Sales in the ALBAN WAY, PO38 2RF

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

AddressSold DatePrice% Change
1 ALBAN WAYDetached, FreeholdArea: 152 Sq.mtrAge: 2003-200626 Feb 2021£295,000First Sale
3 ALBAN WAYDetached, Freehold06 Oct 2006£237,833First Sale

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

ALBAN WAY, PO38 2RF Near By properties

Interactive Map

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

  • Detached
    • The average price is around £226,158 median price is £210,000 Standard Deviation is £144,486 with Total Sold: 280
    • The Last 5 Year average price is £364,204 with Total Sold: 54
    • The most recent sale happened at this postcode is , 14 BANNOCK ROAD: £365,000 (Sold on 04 Jun 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 £500,750 median price is £500,000 Standard Deviation is £207,043 with Total Sold: 4
    • The Last 5 Year average price is £500,750 with Total Sold: 4
    • 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 £179,427 median price is £175,000 Standard Deviation is £96,569 with Total Sold: 121
    • The Last 5 Year average price is £285,091 with Total Sold: 11
    • 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 £201,864 median price is £220,000 Standard Deviation is £56,087 with Total Sold: 22
    • The Last 5 Year average price is £264,667 with Total Sold: 3
    • 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£365,0001
2023£420,417 £4,371 6
2022£409,625 £4,754 8
2021£387,219 £3,428 16
2020£325,267 £3,087 15
2019£303,500 £3,279 8
2018£331,000 £2,903 5
2017£281,833 £2,876 6
2016£328,222 £2,385 9
2015£268,500 £3,002 5
2014£236,792 £2,452 12
2013£211,400 £2,702 5
2012£225,808 £2,583 13
2011£208,333 £2,410 3
2010£347,814 £2,497 7
2009£246,273 £2,213 11
2008£301,250 £2,000 4
2007£250,636 £2,649 7
2006£227,778 £2,464 19
2005£289,167 £1,905 6
2004£216,291 £2,432 17
2003£201,944 £1,806 9
2002£166,108 £1,636 13
2001£130,800 £1,567 10
2000£110,895 £1,233 10
1999£106,650 £940 13
1998£72,889 £876 8
1997£73,454 £733 12
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
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£301,000 £2,790 4
2017£200,000 £2,273 1
2016£354,500 £2,573 3
2015£199,828 £2,259 9
2014£184,284 £2,449 11
2013£193,736 £2,402 7
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£234,992 £2,685 6
2007£227,625 £2,138 4
2006£194,100 £2,532 5
2005£202,380 £2,371 5
2004£191,790 £2,192 5
2003£167,173 £1,750 7
2002£125,000 £1,355 6
2001£110,500 £1,290 4
2000£108,000 £1,301 3
1999£106,056 £835 9
1998£55,500 £824 3
1997£59,500 £562 6
1996£61,725 £710 2
1995£59,000 £652 3
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£167,9501
1999£61,000 £981 1
1998£67,9301

House Type in PO38 2RF area

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