Housing Market Analysis for REDHILL LANE, PO38 3ER

Are you looking to understand PO38 3ER 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 3ER area, explore the PO38 3ER Area information page.
For comprehensive crime statistics in the PO38 3ER area, explore the PO38 3ER Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO38 3ER postcode area, The average prices are as follows,

  • Detached
    • The average price is around £870,000 median price is £870,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £870,000 with Total Sold: 1
    • The most recent sale happened at this postcode is MAYDENE REDHILL LANE: £870,000 (Sold on 13 Aug 2021)
    • The first recorded sale happened at this postcode is MAYDENE REDHILL LANE: £870,000 (Sold on 13 Aug 2021)
  • Other
    • The average price is around £725,000 median price is £725,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £725,000 with Total Sold: 1
    • The most recent sale happened at this postcode is ALLENS REDHILL LANE: £725,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is ALLENS REDHILL LANE: £725,000 (Sold on 30 Jun 2021)
  • Semi-Detached
    • The average price is around £50,000 median price is £50,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, RHODA COTTAGES REDHILL LANE: £50,000 (Sold on 03 Mar 2003)
    • The first recorded sale happened at this postcode is 2, RHODA COTTAGES REDHILL LANE: £50,000 (Sold on 03 Mar 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average PO38 3ER 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£870,000 £4,286 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£725,000 £4,647 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£50,000 £532 1

All the Sales in the REDHILL LANE, PO38 3ER

See the table below for more details on the sold house prices in the PO38 3ER, Isle of Wight postcode.

AddressSold DatePrice% Change
MAYDENE REDHILL LANEDetached, FreeholdArea: 203 Sq.mtrAge: before 190013 Aug 2021£870,000First Sale
ALLENS REDHILL LANEOther, FreeholdArea: 156 Sq.mtrAge: before 190030 Jun 2021£725,000First Sale
2, RHODA COTTAGES REDHILL LANESemi-Detached, FreeholdArea: 94 Sq.mtrAge: 1900-192903 Mar 2003£50,000First Sale

Check out the sold house prices near the PO38 3ER postcode. Properties currently for saleProperties currently for rent

REDHILL LANE, PO38 3ER Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO38 3ER 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 3ER postcode.

  • Detached
    • The average price is around £870,000 median price is £870,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £870,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , MAYDENE REDHILL LANE: £870,000 (Sold on 13 Aug 2021)
    • The first recorded sale happened at this postcode is , MAYDENE REDHILL LANE: £870,000 (Sold on 13 Aug 2021)
  • Other
    • The average price is around £725,000 median price is £725,000 Standard Deviation is £0 with Total Sold: 1
    • The Last 5 Year average price is £725,000 with Total Sold: 1
    • The most recent sale happened at this postcode is , ALLENS REDHILL LANE: £725,000 (Sold on 30 Jun 2021)
    • The first recorded sale happened at this postcode is , ALLENS REDHILL LANE: £725,000 (Sold on 30 Jun 2021)
  • Semi-Detached
    • The average price is around £50,000 median price is £50,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 2, RHODA COTTAGES REDHILL LANE: £50,000 (Sold on 03 Mar 2003)
    • The first recorded sale happened at this postcode is 2, RHODA COTTAGES REDHILL LANE: £50,000 (Sold on 03 Mar 2003)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£870,000 £4,286 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£725,000 £4,647 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2003£50,000 £532 1

House Type in PO38 3ER area

The most common house types in the PO38 3ER postcode area are Detached (87), Semi-detached (34), and Terraced (8).

Total137
Detached87
Semi-detached34
Terraced8
Flat4
Shared house2
temporary structure2
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (86), and Owned: Owns with a mortgage or loan (37).

Owned: Owns outright86
Owned: Owns with a mortgage or loan37
Social rented: Other social rented6
Private rented: Private landlord or letting agency6
Private rented: Other private rented2
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the PO38 3ER have 2 people in household (57), and 1 person in household (48).

2 people in household57
1 person in household48
3 people in household23
4 people in household5
5 people in household4
0 people in household0
6 people in household0
7 people in household0
8 or more people in household0