Housing Market Analysis for ORCHARD CLOSE, PO40 9FB

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

Overview of Sold House prices

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

Flat
- The average price is around £100,497 median price is £97,500 Standard Deviation is £18,411 with Total Sold: 15
- The Last 5 Year average price is £117,500 with Total Sold: 3
- The most recent sale happened at this postcode is 7, WOODLAND COURT ORCHARD CLOSE: £110,000 (Sold on 22 Sep 2023)
- The first recorded sale happened at this postcode is 4, WOODLAND COURT ORCHARD CLOSE: £90,000 (Sold on 01 Sep 2003)
Terraced
- The average price is around £127,300 median price is £127,300 Standard Deviation is £15,700 with Total Sold: 2
- The most recent sale happened at this postcode is 8, WOODLAND COURT ORCHARD CLOSE: £143,000 (Sold on 31 Oct 2003)
- The first recorded sale happened at this postcode is 1, WOODLAND COURT ORCHARD CLOSE: £111,600 (Sold on 06 Oct 2003)

Sold Price Trend Over the Years:

Below table and chart gives the average PO40 9FB 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	£3,093	2
2022	£132,500	£2,885	1
2018	£89,000	£2,503	1
2017	£123,500	£2,685	1
2013	£76,000	£2,149	1
2009	£87,000	£2,460	1
2007	£123,500	£2,685	1
2006	£124,950		1
2004	£75,500	£2,123	1
2003	£91,100	£2,104	5

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2003	£127,300		2

All the Sales in the ORCHARD CLOSE, PO40 9FB

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

Address	Sold Date	Price	% Change
7, WOODLAND COURT ORCHARD CLOSEFlat, LeaseholdArea: 35.56 Sq.mtrAge: 2003-2006	22 Sep 2023	£110,000	0.0
	22 Sep 2023	£110,000	23.60%
	30 Nov 2018	£89,000	17.88%
	26 Jun 2004	£75,500	First Sale
3, WOODLAND COURT ORCHARD CLOSEFlat, LeaseholdArea: 45.92 Sq.mtrAge: 1996-2002	31 Jan 2022	£132,500	35.90%
	24 Oct 2003	£97,500	First Sale
5, WOODLAND COURT ORCHARD CLOSEFlat, LeaseholdArea: 46 Sq.mtrAge: 1996-2002	30 Oct 2017	£123,500	0.0
	08 Oct 2007	£123,500	34.24%
	12 Sep 2003	£92,000	First Sale
6, WOODLAND COURT ORCHARD CLOSEFlat, LeaseholdArea: 35.36 Sq.mtrAge: 1996-2002	10 May 2013	£76,000	-12.64%
	01 Dec 2009	£87,000	10.83%
	03 Dec 2003	£78,500	First Sale
4, WOODLAND COURT ORCHARD CLOSEFlat, Leasehold	14 Sep 2006	£124,950	38.83%
4, WOODLAND COURT ORCHARD CLOSEFlat, Leasehold	01 Sep 2003	£90,000	First Sale
8, WOODLAND COURT ORCHARD CLOSETerraced, Freehold	31 Oct 2003	£143,000	First Sale
1, WOODLAND COURT ORCHARD CLOSETerraced, Freehold	06 Oct 2003	£111,600	First Sale
2, WOODLAND COURT ORCHARD CLOSEFlat, LeaseholdArea: 47 Sq.mtrAge: 1996-2002	12 Sep 2003	£97,500	First Sale

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

ORCHARD CLOSE, PO40 9FB Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £160,451 median price is £164,000 Standard Deviation is £74,482 with Total Sold: 336
- The Last 5 Year average price is £258,662 with Total Sold: 60
- 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 , 114 SCHOOL GREEN ROAD: £45,000 (Sold on 11 Jan 1995)
Detached
- The average price is around £210,059 median price is £195,000 Standard Deviation is £119,261 with Total Sold: 373
- The Last 5 Year average price is £343,331 with Total Sold: 77
- 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 £91,862 median price is £92,250 Standard Deviation is £39,487 with Total Sold: 116
- 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 £215,783 median price is £170,500 Standard Deviation is £172,271 with Total Sold: 14
- The Last 5 Year average price is £282,751 with Total Sold: 7
- 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 £139,217 median price is £150,000 Standard Deviation is £57,340 with Total Sold: 101
- The Last 5 Year average price is £217,433 with Total Sold: 15
- 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	£281,250		4
2023	£290,333	£2,994	9
2022	£311,993	£3,368	7
2021	£269,078	£3,159	14
2020	£224,733	£2,621	15
2019	£223,609	£2,592	11
2018	£204,208	£2,284	12
2017	£192,059	£2,230	17
2016	£196,821	£2,355	17
2015	£181,375	£2,193	8
2014	£164,292	£2,164	12
2013	£193,417	£2,340	6
2012	£163,486	£1,928	6
2011	£166,056	£1,741	9
2010	£167,667	£2,180	6
2009	£176,800	£1,480	5
2008	£174,571	£2,107	7
2007	£180,656	£2,782	16
2006	£140,111	£1,834	9
2005	£184,071	£2,060	14
2004	£158,741	£1,954	17
2003	£138,414	£1,730	22
2002	£117,067	£1,374	15
2001	£92,458	£1,070	12
2000	£70,893	£845	14
1999	£65,529	£666	14
1998	£58,181	£734	8
1997	£55,312	£682	8
1996	£43,217	£509	15
1995	£50,857	£576	7

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	£336,889	£3,154	18
2020	£335,031	£3,159	16
2019	£310,447	£3,007	19
2018	£297,361	£3,131	19
2017	£257,489	£2,815	17
2016	£268,327	£2,730	18
2015	£266,108	£2,612	14
2014	£239,667	£2,515	9
2013	£191,188	£2,730	8
2012	£199,938	£2,638	8
2011	£224,389	£2,653	9
2010	£217,286	£2,942	7
2009	£209,000	£2,669	6
2008	£284,300	£2,272	5
2007	£231,015	£2,772	7
2006	£237,661	£2,547	9
2005	£209,261	£2,473	9
2004	£200,448	£1,999	12
2003	£188,906	£1,912	9
2002	£144,856	£1,551	18
2001	£112,192	£1,448	18
2000	£126,750	£1,176	16
1999	£81,762	£1,019	13
1998	£77,133	£680	15
1997	£79,214	£717	14
1996	£57,714	£753	25
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	£44,500	£600	5
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
2020	£676,760		1
2019	£182,167	£1,872	3
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	£228,333	£3,134	3
2020	£204,000	£2,855	5
2019	£198,250	£2,594	2
2018	£186,500	£3,587	1
2017	£169,390	£2,205	5
2016	£161,062	£2,263	4
2015	£151,000	£2,198	6
2014	£162,862	£1,951	4
2013	£115,000	£1,386	1
2012	£145,375	£1,746	4
2011	£130,000	£1,857	1
2009	£142,000	£2,080	3
2008	£95,855	£1,717	2
2007	£148,800	£2,171	5
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	£84,667	£1,141	3
2000	£60,000	£714	2
1999	£71,500	£752	4
1998	£60,050	£747	10
1995	£44,167	£678	3

House Type in PO40 9FB area

The most common house types in the PO40 9FB 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 9FB 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