Housing Market Analysis for REDLAKE ROAD, PO40 9DD

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £152,413 median price is £145,000 Standard Deviation is £84,599 with Total Sold: 27
    • The Last 5 Year average price is £283,000 with Total Sold: 5
    • The most recent sale happened at this postcode is 10 REDLAKE ROAD: £335,000 (Sold on 19 Aug 2022)
    • The first recorded sale happened at this postcode is 2 REDLAKE ROAD: £63,000 (Sold on 23 Feb 1995)
  • Semi-Detached
    • The average price is around £156,688 median price is £172,500 Standard Deviation is £72,390 with Total Sold: 8
    • The Last 5 Year average price is £245,000 with Total Sold: 2
    • The most recent sale happened at this postcode is 13 REDLAKE ROAD: £240,000 (Sold on 20 Sep 2021)
    • The first recorded sale happened at this postcode is 13 REDLAKE ROAD: £46,000 (Sold on 02 Feb 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PO40 9DD 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£312,500 £4,252 2
2021£265,000 £3,878 2
2019£260,000 £2,955 1
2017£224,500 £3,118 1
2016£190,667 £2,818 3
2015£215,000 £2,969 1
2013£179,000 £2,557 1
2012£185,000 £2,102 1
2011£198,000 £2,734 1
2002£145,0001
2001£107,650 £1,589 3
2000£91,250 £1,333 2
1999£59,950 £833 1
1998£69,0001
1997£65,0001
1996£54,750 £770 3
1995£59,000 £862 2
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2021£245,000 £4,143 2
2010£185,000 £2,703 1
2007£160,000 £2,257 1
2006£197,000 £3,788 1
2003£120,000 £2,308 1
1996£50,750 £691 2

All the Sales in the REDLAKE ROAD, PO40 9DD

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

AddressSold DatePrice% Change
10 REDLAKE ROADDetached, FreeholdArea: 70 Sq.mtrAge: 1950-196619 Aug 2022£335,000First Sale
2 REDLAKE ROADDetached, FreeholdArea: 78 Sq.mtrAge: 1930-194925 Apr 2022£290,0003.57%
30 Sep 2021£280,000344.44%
23 Feb 1995£63,000First Sale
13 REDLAKE ROADSemi-Detached, FreeholdArea: 69 Sq.mtrAge: 1967-197520 Sep 2021£240,000421.74%
02 Feb 1996£46,000First Sale
20 REDLAKE ROADDetached, FreeholdArea: 60 Sq.mtrAge: 1967-197509 Apr 2021£250,000354.55%
15 Dec 1995£55,000First Sale
6 REDLAKE ROADSemi-Detached, FreeholdArea: 52 Sq.mtrAge: 1967-197508 Jan 2021£250,00026.90%
06 Dec 2006£197,00064.17%
07 Mar 2003£120,000First Sale
18 REDLAKE ROADDetached, FreeholdArea: 88 Sq.mtrAge: 1967-197503 Sep 2019£260,00040.54%
15 Oct 2012£185,000233.33%
28 Mar 1996£55,500First Sale
19 REDLAKE ROADDetached, FreeholdArea: 72 Sq.mtrAge: 1967-197530 Jan 2017£224,5006.90%
05 Feb 2016£210,000133.46%
10 May 2001£89,95050.04%
14 May 1999£59,95013.11%
10 Dec 1996£53,000First Sale
21 REDLAKE ROADDetached, FreeholdArea: 59 Sq.mtrAge: 1967-197501 Jul 2016£152,000First Sale
4 REDLAKE ROADDetached, FreeholdArea: 70.9 Sq.mtrAge: 1967-197502 Feb 2016£210,00031.25%
25 Jul 2007£160,000First Sale
3 REDLAKE ROADDetached, FreeholdArea: 72.41 Sq.mtrAge: 1950-196624 Nov 2015£215,0008.59%
17 Jun 2011£198,00046.67%
17 Oct 2001£135,000140.00%
23 Aug 1996£56,250First Sale
12 REDLAKE ROADDetached, FreeholdArea: 70 Sq.mtrAge: 1967-197517 Oct 2013£179,000First Sale
11 REDLAKE ROADSemi-Detached, FreeholdArea: 68.44 Sq.mtrAge: 1967-197524 Jun 2010£185,000First Sale
16 REDLAKE ROADDetached, Freehold08 Aug 2002£145,00067.63%
31 Mar 2000£86,500First Sale
7 REDLAKE ROADDetached, Freehold20 Sep 2001£98,00042.03%
21 Dec 1998£69,000First Sale
1 REDLAKE ROADDetached, FreeholdArea: 72 Sq.mtrAge: 1976-198221 Dec 2000£96,000First Sale
8 REDLAKE ROADDetached, Freehold02 Oct 1997£65,000First Sale
9 REDLAKE ROADDetached, Freehold28 Oct 1996£55,000First Sale

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

REDLAKE ROAD, PO40 9DD Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £166,478 median price is £170,000 Standard Deviation is £77,853 with Total Sold: 161
    • The Last 5 Year average price is £266,205 with Total Sold: 28
    • The most recent sale happened at this postcode is 1, SUFFOLK COTTAGES COPSE LANE: £285,000 (Sold on 16 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 RONSTAN GARDENS: £48,500 (Sold on 31 Mar 1995)
  • Detached
    • The average price is around £201,397 median price is £186,500 Standard Deviation is £122,884 with Total Sold: 226
    • The Last 5 Year average price is £343,469 with Total Sold: 50
    • 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 £102,626 median price is £102,500 Standard Deviation is £39,389 with Total Sold: 58
    • The Last 5 Year average price is £142,500 with Total Sold: 8
    • 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 1B, ALEXANDRIA COTTAGE CHURCH PLACE: £31,000 (Sold on 16 Nov 1995)
  • Terraced
    • The average price is around £156,539 median price is £168,975 Standard Deviation is £51,669 with Total Sold: 14
    • The Last 5 Year average price is £208,333 with Total Sold: 3
    • 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 , 58 EDINBURGH ROAD: £58,000 (Sold on 26 Aug 1998)
  • Other
    • The average price is around £29,500 median price is £29,500 Standard Deviation is £14,500 with Total Sold: 2
    • 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 , THE RED LION CHURCH PLACE: £44,000 (Sold on 17 Nov 2014)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£283,3333
2023£287,750 £2,940 4
2022£334,738 £3,610 4
2021£273,844 £3,225 9
2020£199,900 £2,239 5
2019£216,567 £1,995 3
2018£216,562 £2,294 8
2017£213,333 £2,116 6
2016£217,707 £2,251 7
2015£177,200 £1,831 5
2014£170,500 £2,176 5
2013£186,250 £1,880 2
2012£152,728 £1,652 4
2011£168,083 £1,830 6
2010£167,000 £1,921 4
2009£172,500 £1,480 2
2008£188,5003
2007£172,000 £3,084 8
2006£160,400 £2,411 5
2005£210,000 £1,960 7
2004£161,689 £1,726 9
2003£138,609 £1,624 11
2002£114,857 £1,034 7
2001£94,500 £970 3
2000£69,238 £826 8
1999£60,688 £614 8
1998£52,750 £621 2
1997£55,999 £570 5
1996£45,000 £513 7
1995£48,5001
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£320,8333
2023£392,000 £4,310 7
2022£401,421 £3,958 7
2021£316,750 £3,535 8
2020£326,667 £3,159 12
2019£323,308 £3,213 13
2018£279,350 £3,199 11
2017£249,257 £3,008 9
2016£266,625 £2,787 16
2015£255,690 £2,390 8
2014£196,667 £2,650 3
2013£182,786 £2,912 7
2012£174,917 £2,590 6
2011£199,900 £3,139 5
2010£205,200 £3,190 5
2009£192,250 £2,840 4
2008£195,0001
2007£221,821 £2,772 5
2006£205,667 £2,222 3
2005£213,231 £2,713 8
2004£160,375 £2,644 4
2003£147,300 £2,374 4
2002£127,556 £1,761 8
2001£103,439 £1,626 9
2000£119,500 £1,259 9
1999£73,550 £1,025 8
1998£65,417 £855 6
1997£66,167 £734 6
1996£55,648 £772 22
1995£57,167 £794 9
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£171,500 £3,176 1
2023£110,000 £2,604 2
2022£148,750 £2,920 2
2020£128,000 £2,327 1
2019£161,500 £2,788 2
2018£89,000 £2,503 1
2017£123,500 £2,685 1
2016£94,000 £1,772 2
2014£131,250 £2,210 4
2013£76,000 £2,149 1
2012£85,500 £1,583 1
2009£87,000 £2,460 1
2008£149,142 £2,066 6
2007£125,333 £2,659 3
2006£114,150 £1,987 3
2005£119,750 £1,866 4
2004£85,133 £1,902 3
2003£88,917 £2,104 6
2002£82,000 £1,376 4
2001£56,000 £997 2
2000£51,312 £959 2
1999£40,250 £788 2
1998£30,0001
1997£36,500 £717 2
1995£31,0001
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£225,000 £2,368 1
2020£200,000 £3,846 2
2017£176,950 £2,107 1
2016£150,000 £1,579 1
2015£215,0001
2007£161,000 £1,917 1
2005£190,000 £2,289 1
2004£193,000 £3,712 1
2003£127,3002
2001£76,0001
1999£92,0001
1998£58,0001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2019£15,000 £263 1
2014£44,0001

House Type in PO40 9DD area

The most common house types in the PO40 9DD postcode area are Detached (100), Semi-detached (29), and Shared house (1).

Total131
Detached100
Semi-detached29
Shared house1
temporary structure1
Terraced0
Flat0
converted building0
commercial building0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (97), and Owned: Owns with a mortgage or loan (22).

Owned: Owns outright97
Owned: Owns with a mortgage or loan22
Private rented: Private landlord or letting agency7
Private rented: Other private rented4
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 PO40 9DD have 1 person in household (59), and 2 people in household (56).

1 person in household59
2 people in household56
3 people in household8
4 people in household4
5 people in household2
7 people in household1
0 people in household0
6 people in household0
8 or more people in household0