Housing Market Analysis for ORCHARD CLOSE, PO40 9BQ

Are you looking to understand PO40 9BQ 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 PO40 9BQ area, explore the PO40 9BQ Area information page.
For comprehensive crime statistics in the PO40 9BQ area, explore the PO40 9BQ Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO40 9BQ postcode area, The average prices are as follows,

Flat
- The average price is around £100,471 median price is £105,750 Standard Deviation is £36,665 with Total Sold: 34
- The Last 5 Year average price is £129,600 with Total Sold: 5
- The most recent sale happened at this postcode is 7B ORCHARD CLOSE: £110,000 (Sold on 28 Sep 2023)
- The first recorded sale happened at this postcode is 5A ORCHARD CLOSE: £35,000 (Sold on 28 Feb 1997)
Other
- The average price is around £15,000 median price is £15,000 Standard Deviation is £0 with Total Sold: 1
- The Last 5 Year average price is £15,000 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 1, 2A ORCHARD CLOSE: £15,000 (Sold on 23 Sep 2019)
- The first recorded sale happened at this postcode is FLAT 1, 2A ORCHARD CLOSE: £15,000 (Sold on 23 Sep 2019)
Detached
- The average price is around £56,000 median price is £56,000 Standard Deviation is £19,000 with Total Sold: 2
- The most recent sale happened at this postcode is 5, STEWART COURT ORCHARD CLOSE: £75,000 (Sold on 12 Oct 2001)
- The first recorded sale happened at this postcode is 5, STEWART COURT ORCHARD CLOSE: £37,000 (Sold on 11 Dec 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PO40 9BQ 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: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£110,000	£2,115	2
2022	£165,000	£2,954	1
2020	£128,000	£2,327	1
2019	£135,000	£3,000	1
2016	£94,000	£1,772	2
2014	£131,250	£2,210	4
2012	£85,500	£1,583	1
2008	£162,500	£1,578	1
2007	£126,250	£2,645	2
2006	£108,750	£1,987	2
2005	£119,750	£1,866	4
2004	£89,950	£1,681	2
2003	£78,000		1
2002	£89,500	£1,376	3
2001	£56,000	£997	2
2000	£51,312	£959	2
1999	£44,000	£788	1
1997	£36,500	£717	2

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2019	£15,000	£263	1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2001	£75,000	£1,364	1
1996	£37,000	£673	1

All the Sales in the ORCHARD CLOSE, PO40 9BQ

See the table below for more details on the sold house prices in the PO40 9BQ, Isle of Wight postcode.

Address	Sold Date	Price	% Change
7B ORCHARD CLOSEFlat, LeaseholdArea: 52 Sq.mtrAge: 1967-1975	28 Sep 2023	£110,000	0.0
	28 Sep 2023	£110,000	25.00%
	16 Sep 2016	£88,000	First Sale
FLAT 4, 2A ORCHARD CLOSEFlat, LeaseholdArea: 55.85 Sq.mtrAge: 1983-1990	24 Jun 2022	£165,000	48.65%
	31 May 2006	£111,000	23.33%
	01 Mar 2005	£90,000	104.55%
	07 Sep 1999	£44,000	First Sale
1B ORCHARD CLOSEFlat, LeaseholdArea: 55 Sq.mtrAge: 1967-1975	01 Sep 2020	£128,000	First Sale
FLAT 1, 2A ORCHARD CLOSEOther, FreeholdArea: 57 Sq.mtrAge: 1976-1982	23 Sep 2019	£15,000	First Sale
1, STEWART COURT ORCHARD CLOSEFlat, LeaseholdArea: 45 Sq.mtrAge: 1996-2002	31 May 2019	£135,000	14.41%
	28 Aug 2014	£118,000	-9.23%
	28 Sep 2007	£130,000	73.33%
	21 Jun 2002	£75,000	First Sale
5B ORCHARD CLOSEFlat, LeaseholdArea: 54 Sq.mtrAge: 1967-1975	18 Feb 2016	£100,000	-16.67%
	07 Nov 2014	£120,000	40.35%
	10 Feb 2012	£85,500	First Sale
2, STEWART COURT ORCHARD CLOSEFlat, LeaseholdArea: 51 Sq.mtrAge: 1983-1990	31 Oct 2014	£122,000	-0.41%
	06 Feb 2007	£122,500	First Sale
3, STEWART COURT ORCHARD CLOSEFlat, LeaseholdArea: 103 Sq.mtrAge: 2003-2006	25 Jul 2014	£165,000	1.54%
	27 Jun 2008	£162,500	-0.91%
	01 Dec 2005	£164,000	26.15%
	18 Oct 2002	£130,000	First Sale
FLAT 3, 2A ORCHARD CLOSEFlat, Leasehold	31 May 2006	£106,500	18.40%
FLAT 3, 2A ORCHARD CLOSEFlat, Leasehold	09 Aug 2004	£89,950	First Sale
3A ORCHARD CLOSEFlat, LeaseholdArea: 52 Sq.mtrAge: 1967-1975	21 Dec 2005	£105,000	First Sale
1A ORCHARD CLOSEFlat, LeaseholdArea: 53.5 Sq.mtrAge: 1967-1975	30 Sep 2005	£120,000	33.41%
	13 Jan 2004	£89,950	63.55%
	20 Sep 2000	£55,000	15.49%
	03 Mar 2000	£47,625	First Sale
3B ORCHARD CLOSEFlat, Leasehold	12 Mar 2003	£78,000	44.44%
3B ORCHARD CLOSEFlat, Leasehold	20 Apr 2001	£54,000	First Sale
7A ORCHARD CLOSEFlat, LeaseholdArea: 53 Sq.mtrAge: 1967-1975	21 Mar 2002	£63,500	67.11%
	07 Nov 1997	£38,000	First Sale
5, STEWART COURT ORCHARD CLOSEDetached, FreeholdArea: 55 Sq.mtrAge: 2007-2011	12 Oct 2001	£75,000	102.70%
	11 Dec 1996	£37,000	First Sale
FLAT 2, 2A ORCHARD CLOSEFlat, LeaseholdArea: 58.2 Sq.mtrAge: 1967-1975	02 Aug 2001	£58,000	First Sale
5A ORCHARD CLOSEFlat, Leasehold	28 Feb 1997	£35,000	First Sale

Check out the sold house prices near the PO40 9BQ postcode. Properties currently for saleProperties currently for rent

ORCHARD CLOSE, PO40 9BQ Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO40 9BQ 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 PO40 9BQ postcode.

Semi-Detached
- The average price is around £159,148 median price is £162,000 Standard Deviation is £73,911 with Total Sold: 306
- The Last 5 Year average price is £257,177 with Total Sold: 55
- The most recent sale happened at this postcode is , 4 COPSE LANE: £325,000 (Sold on 02 Aug 2024)
- The first recorded sale happened at this postcode is , 114 SCHOOL GREEN ROAD: £45,000 (Sold on 11 Jan 1995)
Detached
- The average price is around £207,644 median price is £192,000 Standard Deviation is £122,645 with Total Sold: 321
- The Last 5 Year average price is £346,065 with Total Sold: 70
- The most recent sale happened at this postcode is , 23 PARKWAY: £210,000 (Sold on 24 Jun 2024)
- The first recorded sale happened at this postcode is , 19 REGINA ROAD: £60,000 (Sold on 31 Jan 1995)
Flat
- The average price is around £92,287 median price is £92,500 Standard Deviation is £39,394 with Total Sold: 115
- The Last 5 Year average price is £142,496 with Total Sold: 12
- The most recent sale happened at this postcode is 7, RUDDINGTON COURT ORCHARD CLOSE: £171,500 (Sold on 06 Mar 2024)
- The first recorded sale happened at this postcode is FLAT 8, BOWBRIDGE COURT HOOKE HILL: £37,500 (Sold on 21 Apr 1995)
Other
- The average price is around £165,766 median price is £153,500 Standard Deviation is £113,131 with Total Sold: 12
- The Last 5 Year average price is £189,500 with Total Sold: 5
- The most recent sale happened at this postcode is , 51A SCHOOL GREEN ROAD: £166,000 (Sold on 13 Oct 2023)
- The first recorded sale happened at this postcode is , THE RED LION CHURCH PLACE: £44,000 (Sold on 17 Nov 2014)
Terraced
- The average price is around £139,550 median price is £150,000 Standard Deviation is £57,860 with Total Sold: 89
- The Last 5 Year average price is £218,808 with Total Sold: 13
- The most recent sale happened at this postcode is , 62 EDINBURGH ROAD: £225,000 (Sold on 25 Jul 2023)
- The first recorded sale happened at this postcode is , 71 COLLARDS CLOSE: £48,000 (Sold on 16 Jan 1995)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£280,000		3
2023	£284,750	£2,936	8
2022	£311,993	£3,368	7
2021	£269,078	£3,159	14
2020	£227,214	£2,638	14
2019	£210,522	£2,235	9
2018	£204,208	£2,284	12
2017	£184,133	£2,089	15
2016	£193,747	£2,341	16
2015	£172,667	£1,838	6
2014	£161,167	£2,052	9
2013	£175,125	£1,924	4
2012	£158,183	£1,731	5
2011	£166,056	£1,741	9
2010	£167,667	£2,180	6
2009	£182,250	£1,480	4
2008	£174,571	£2,107	7
2007	£180,700	£2,817	15
2006	£159,857	£2,213	7
2005	£184,071	£2,060	14
2004	£158,741	£1,954	17
2003	£141,216	£1,788	19
2002	£111,542	£1,254	12
2001	£92,458	£1,070	12
2000	£71,885	£824	13
1999	£65,529	£666	14
1998	£58,181	£734	8
1997	£54,928	£697	7
1996	£43,018	£509	14
1995	£45,417	£576	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£340,625	£3,355	4
2023	£403,759	£4,128	8
2022	£376,746	£3,839	12
2021	£337,533	£3,245	15
2020	£338,200	£3,159	15
2019	£310,938	£3,146	16
2018	£299,857	£3,224	15
2017	£253,269	£2,904	16
2016	£268,327	£2,730	18
2015	£279,052	£2,578	10
2014	£233,375	£2,687	8
2013	£191,188	£2,730	8
2012	£174,917	£2,590	6
2011	£217,438	£2,849	8
2010	£204,333	£3,021	6
2009	£209,000	£2,669	6
2008	£237,250	£1,644	2
2007	£216,517	£2,772	6
2006	£222,000	£2,222	5
2005	£209,261	£2,473	9
2004	£182,250	£2,013	10
2003	£176,736	£2,191	7
2002	£135,954	£1,542	13
2001	£108,528	£1,430	16
2000	£120,038	£1,178	13
1999	£80,242	£1,006	12
1998	£74,792	£712	12
1997	£79,833	£753	12
1996	£55,648	£772	22
1995	£59,950	£759	11

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£160,725	£3,176	2
2023	£110,000	£2,604	2
2022	£148,750	£2,920	2
2021	£200,000		1
2020	£128,000	£2,327	1
2019	£135,750	£2,345	4
2018	£107,000	£2,348	2
2017	£119,667	£2,462	3
2016	£96,000	£1,684	3
2015	£132,000		1
2014	£117,071	£2,030	7
2013	£80,500	£1,875	2
2012	£85,500	£1,583	1
2011	£110,000	£1,663	2
2010	£92,260	£1,559	2
2009	£93,375	£2,239	4
2008	£149,142	£2,066	6
2007	£116,375	£2,006	8
2006	£107,900	£1,827	6
2005	£119,750	£1,866	4
2004	£92,142	£1,396	6
2003	£88,917	£2,104	6
2002	£78,143	£983	7
2001	£60,000	£1,012	4
2000	£57,156	£830	4
1999	£48,075	£683	7
1998	£44,875	£600	4
1997	£37,429	£442	7
1996	£34,500	£641	2
1995	£32,950	£301	5

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£166,000	£1,419	1
2022	£230,000		1
2021	£360,000	£1,875	1
2019	£95,750	£263	2
2017	£128,174	£1,609	4
2016	£400,000		1
2015	£85,000	£755	1
2014	£44,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£265,000	£3,273	2
2022	£210,000	£2,323	3
2021	£220,000	£2,346	2
2020	£212,000	£2,938	4
2019	£198,250	£2,594	2
2017	£172,488	£2,170	4
2016	£163,583	£2,034	3
2015	£151,000	£2,198	6
2014	£162,862	£1,951	4
2012	£145,375	£1,746	4
2011	£130,000	£1,857	1
2009	£133,000	£1,869	2
2008	£81,710	£1,318	1
2007	£148,500	£2,085	4
2006	£167,625	£1,958	4
2005	£158,878	£2,051	9
2004	£129,390	£2,762	5
2003	£140,292	£1,641	6
2002	£98,488	£1,310	4
2001	£90,500	£1,141	2
2000	£60,000	£533	1
1999	£75,667	£772	3
1998	£60,050	£747	10
1995	£44,167	£678	3

House Type in PO40 9BQ area

The most common house types in the PO40 9BQ postcode area are Detached (61), Semi-detached (44), and Flat (41).

Total	190
Detached	61
Semi-detached	44
Flat	41
Terraced	26
Shared house	10
converted building	5
commercial building	2
temporary structure	1

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (96), and Private rented: Private landlord or letting agency (50).

Owned: Owns outright	96
Private rented: Private landlord or letting agency	50
Owned: Owns with a mortgage or loan	33
Social rented: Other social rented	8
Shared ownership: Shared ownership	2
Private rented: Other private rented	2
Social rented: Rents from council or Local Authority	1
Does not apply	0
Lives rent free	0

Number of People in a Household

The most houses in the PO40 9BQ have 2 people in household (85), and 1 person in household (66).

2 people in household	85
1 person in household	66
3 people in household	22
4 people in household	10
5 people in household	3
6 people in household	3
8 or more people in household	1
0 people in household	0
7 people in household	0