Housing Market Analysis for VELSHEDA CLOSE, PO39 0AJ

Are you looking to understand PO39 0AJ 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 PO39 0AJ area, explore the PO39 0AJ Area information page.
For comprehensive crime statistics in the PO39 0AJ area, explore the PO39 0AJ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO39 0AJ postcode area, The average prices are as follows,

Terraced
- The average price is around £186,996 median price is £163,000 Standard Deviation is £55,167 with Total Sold: 13
- The Last 5 Year average price is £266,667 with Total Sold: 3
- The most recent sale happened at this postcode is 4 VELSHEDA CLOSE: £330,000 (Sold on 14 Jul 2023)
- The first recorded sale happened at this postcode is 5 VELSHEDA CLOSE: £140,000 (Sold on 28 Sep 2001)
Detached
- The average price is around £205,800 median price is £202,000 Standard Deviation is £8,512 with Total Sold: 5
- The most recent sale happened at this postcode is 9 VELSHEDA CLOSE: £215,000 (Sold on 22 Aug 2016)
- The first recorded sale happened at this postcode is 9 VELSHEDA CLOSE: £197,500 (Sold on 04 Nov 2004)
Semi-Detached
- The average price is around £212,000 median price is £212,000 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is 8 VELSHEDA CLOSE: £212,000 (Sold on 22 Jul 2014)
- The first recorded sale happened at this postcode is 8 VELSHEDA CLOSE: £212,000 (Sold on 22 Jul 2014)

Sold Price Trend Over the Years:

Below table and chart gives the average PO39 0AJ 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: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£330,000	£2,946	1
2020	£235,000	£2,027	2
2012	£179,950	£1,636	1
2008	£230,000	£1,885	1
2007	£193,000		1
2002	£151,600	£1,570	5
2001	£135,000	£1,148	2

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£215,000	£3,020	1
2011	£197,500	£1,786	1
2007	£217,000	£3,048	1
2005	£202,000	£1,827	1
2004	£197,500	£2,774	1

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2014	£212,000	£1,917	1

All the Sales in the VELSHEDA CLOSE, PO39 0AJ

See the table below for more details on the sold house prices in the PO39 0AJ, Isle of Wight postcode.

Address	Sold Date	Price	% Change
4 VELSHEDA CLOSETerraced, FreeholdArea: 112 Sq.mtrAge: 1996-2002	14 Jul 2023	£330,000	120.00%
	08 Mar 2002	£150,000	First Sale
6 VELSHEDA CLOSETerraced, FreeholdArea: 110 Sq.mtrAge: 1996-2002	30 Nov 2020	£225,000	25.03%
	04 May 2012	£179,950	36.33%
	05 Sep 2002	£132,000	First Sale
5 VELSHEDA CLOSETerraced, FreeholdArea: 122 Sq.mtrAge: 1996-2002	23 Sep 2020	£245,000	6.52%
	30 Jul 2008	£230,000	64.29%
	28 Sep 2001	£140,000	First Sale
9 VELSHEDA CLOSEDetached, FreeholdArea: 71.19 Sq.mtrAge: 2003-2006	22 Aug 2016	£215,000	-0.92%
	18 Jan 2007	£217,000	9.87%
	04 Nov 2004	£197,500	First Sale
8 VELSHEDA CLOSESemi-Detached, FreeholdArea: 110.58 Sq.mtrAge: 2003-2006	22 Jul 2014	£212,000	7.34%
	04 Mar 2011	£197,500	-2.23%
	27 Apr 2005	£202,000	First Sale
7 VELSHEDA CLOSETerraced, Freehold	15 Feb 2007	£193,000	48.46%
7 VELSHEDA CLOSETerraced, Freehold	28 Nov 2001	£130,000	First Sale
1 VELSHEDA CLOSETerraced, Freehold	12 Apr 2002	£150,000	First Sale
3 VELSHEDA CLOSETerraced, FreeholdArea: 105 Sq.mtrAge: 2003-2006	28 Mar 2002	£163,000	First Sale
2 VELSHEDA CLOSETerraced, FreeholdArea: 74.5 Sq.mtrAge: 1996-2002	28 Mar 2002	£163,000	First Sale

Check out the sold house prices near the PO39 0AJ postcode. Properties currently for saleProperties currently for rent

VELSHEDA CLOSE, PO39 0AJ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO39 0AJ 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 PO39 0AJ postcode.

Detached
- The average price is around £265,681 median price is £240,000 Standard Deviation is £155,298 with Total Sold: 637
- The Last 5 Year average price is £419,840 with Total Sold: 111
- The most recent sale happened at this postcode is , 8 FARTHINGS WAY: £450,000 (Sold on 12 Sep 2024)
- The first recorded sale happened at this postcode is , HAWKSFIELD UPLANDS ROAD: £125,000 (Sold on 10 Jan 1995)
Terraced
- The average price is around £144,849 median price is £146,000 Standard Deviation is £70,187 with Total Sold: 318
- The Last 5 Year average price is £229,055 with Total Sold: 64
- The most recent sale happened at this postcode is , 9 LANES END: £230,000 (Sold on 21 Aug 2024)
- The first recorded sale happened at this postcode is , 33 LANES END: £40,000 (Sold on 10 Feb 1995)
Flat
- The average price is around £129,259 median price is £117,500 Standard Deviation is £71,891 with Total Sold: 431
- The Last 5 Year average price is £166,036 with Total Sold: 79
- The most recent sale happened at this postcode is FLAT 1A, WARDEN HILL HOUSE COLWELL ROAD: £150,000 (Sold on 07 Aug 2024)
- The first recorded sale happened at this postcode is FLAT 12, SOLENT COURT COLWELL CHINE ROAD: £24,000 (Sold on 31 Jan 1995)
Semi-Detached
- The average price is around £164,401 median price is £163,000 Standard Deviation is £89,446 with Total Sold: 406
- The Last 5 Year average price is £270,939 with Total Sold: 65
- The most recent sale happened at this postcode is , 13 BEACHSIDE BUNGALOWS: £85,000 (Sold on 29 Jul 2024)
- The first recorded sale happened at this postcode is , 15 LANES END: £51,000 (Sold on 28 Feb 1995)
Other
- The average price is around £262,474 median price is £165,000 Standard Deviation is £238,140 with Total Sold: 67
- The Last 5 Year average price is £245,835 with Total Sold: 41
- The most recent sale happened at this postcode is , 6 BATTERY COURT HURST POINT VIEW: £375,000 (Sold on 16 Aug 2023)
- The first recorded sale happened at this postcode is , PLOT 17 HURST POINT VIEW: £150,000 (Sold on 08 Jan 2016)

Sold Price Trend Over the Years:

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£381,923	£3,174	13
2023	£483,388	£3,960	19
2022	£459,375	£3,508	8
2021	£425,310	£3,266	30
2020	£389,289	£2,840	23
2019	£392,498	£2,904	18
2018	£341,773	£3,003	23
2017	£327,674	£2,608	23
2016	£280,729	£2,428	39
2015	£260,348	£2,440	23
2014	£275,998	£2,487	26
2013	£277,219	£2,465	16
2012	£342,304	£2,531	13
2011	£245,705	£2,293	19
2010	£279,811	£2,471	19
2009	£234,059	£2,111	17
2008	£351,000	£2,140	17
2007	£312,648	£2,309	34
2006	£281,850	£2,588	20
2005	£272,350	£2,329	17
2004	£286,110	£2,226	35
2003	£231,922	£1,760	20
2002	£151,709	£1,483	27
2001	£141,364	£1,064	14
2000	£146,850	£890	17
1999	£114,442	£931	26
1998	£105,333	£689	21
1997	£75,926	£763	19
1996	£86,600	£647	25
1995	£87,156	£645	16

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£227,800	£3,431	5
2023	£268,071	£3,291	14
2022	£252,750	£3,401	10
2021	£230,154	£2,887	13
2020	£198,773	£2,546	11
2019	£187,409	£2,291	11
2018	£186,773	£2,453	11
2017	£163,993	£2,551	7
2016	£165,840	£2,346	10
2015	£183,554	£1,809	14
2014	£149,217	£2,040	9
2013	£156,300	£1,896	10
2012	£140,619	£1,966	8
2011	£145,214	£2,049	7
2010	£167,321	£2,169	3
2009	£147,214	£1,956	7
2008	£174,429	£2,208	7
2007	£188,773	£2,345	11
2006	£161,600	£2,107	10
2005	£159,688	£1,711	8
2004	£157,655	£1,651	11
2003	£119,961	£2,036	14
2002	£114,934	£1,265	19
2001	£93,019	£1,017	21
2000	£65,064	£754	7
1999	£57,107	£698	14
1998	£61,677	£689	11
1997	£55,197	£629	15
1996	£47,700	£616	10
1995	£41,200	£689	10

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£151,750	£3,841	8
2023	£193,250	£3,339	14
2022	£167,830	£2,652	18
2021	£195,111	£2,908	9
2020	£150,872	£2,498	16
2019	£143,318	£2,603	14
2018	£145,885	£2,250	21
2017	£125,516	£2,110	17
2016	£157,050	£2,290	20
2015	£147,990	£1,705	5
2014	£126,545	£2,196	21
2013	£147,545	£2,044	10
2012	£167,950	£2,101	13
2011	£141,458	£2,122	13
2010	£152,955	£2,134	11
2009	£155,000	£1,756	2
2008	£202,809	£2,139	4
2007	£171,859	£2,110	22
2006	£175,992	£2,164	38
2005	£158,934	£2,006	16
2004	£130,881	£1,918	18
2003	£99,717	£1,678	15
2002	£90,318	£1,325	11
2001	£62,800	£1,082	9
2000	£54,797	£878	15
1999	£50,671	£761	17
1998	£43,320	£709	19
1997	£38,111	£573	9
1996	£48,053	£725	16
1995	£51,650	£624	10

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£246,071	£2,961	7
2023	£306,000	£3,732	6
2022	£328,797	£3,120	11
2021	£282,115	£2,707	13
2020	£250,208	£2,277	18
2019	£226,450	£2,314	10
2018	£220,023	£2,516	11
2017	£228,408	£2,201	12
2016	£192,650	£1,935	23
2015	£191,605	£1,877	19
2014	£175,405	£2,001	16
2013	£167,328	£1,817	9
2012	£166,625	£2,247	12
2011	£178,939	£1,865	9
2010	£145,300	£1,708	10
2009	£184,385	£1,980	13
2008	£186,088	£1,784	8
2007	£242,788	£2,204	12
2006	£180,882	£1,858	17
2005	£164,494	£2,050	8
2004	£194,804	£1,432	12
2003	£147,184	£1,371	19
2002	£113,645	£1,208	22
2001	£92,536	£802	22
2000	£81,363	£1,171	15
1999	£75,041	£761	22
1998	£63,304	£635	13
1997	£56,068	£499	14
1996	£52,268	£597	14
1995	£50,741	£552	9

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£287,475	£11,108	2
2022	£400,667	£1,608	6
2021	£143,839	£2,697	12
2020	£319,554	£2,049	13
2019	£152,500	£4,150	8
2018	£359,154	£10,884	13
2017	£248,256	£1,959	10
2016	£118,333	£1,272	3

House Type in PO39 0AJ area

The most common house types in the PO39 0AJ postcode area are Detached (58), Semi-detached (49), and Flat (39).

Total	175
Detached	58
Semi-detached	49
Flat	39
Terraced	18
Shared house	7
converted building	4
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (94), and Private rented: Private landlord or letting agency (50).

Owned: Owns outright	94
Private rented: Private landlord or letting agency	50
Owned: Owns with a mortgage or loan	22
Private rented: Other private rented	7
Social rented: Other social rented	1
Does not apply	0
Shared ownership: Shared ownership	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the PO39 0AJ have 2 people in household (79), and 1 person in household (75).

2 people in household	79
1 person in household	75
3 people in household	13
5 people in household	3
6 people in household	3
4 people in household	1
0 people in household	0
7 people in household	0
8 or more people in household	0