Housing Market Analysis for COLWELL LANE, PO40 9LU

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £70,000 median price is £70,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is WILLACOMBE COLWELL LANE: £70,000 (Sold on 02 Jul 1999)
    • The first recorded sale happened at this postcode is WILLACOMBE COLWELL LANE: £70,000 (Sold on 02 Jul 1999)

Sold Price Trend Over the Years:

Below table and chart gives the average PO40 9LU 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
1999£70,0001

All the Sales in the COLWELL LANE, PO40 9LU

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

AddressSold DatePrice% Change
WILLACOMBE COLWELL LANEDetached, Freehold02 Jul 1999£70,000First Sale

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

COLWELL LANE, PO40 9LU Near By properties

Interactive Map

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

  • Detached
    • The average price is around £236,903 median price is £222,000 Standard Deviation is £133,048 with Total Sold: 813
    • The Last 5 Year average price is £400,879 with Total Sold: 141
    • 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 , TANGLEWOOD MADEIRA LANE: £66,000 (Sold on 28 Feb 1995)
  • Terraced
    • The average price is around £150,322 median price is £152,500 Standard Deviation is £64,166 with Total Sold: 239
    • The Last 5 Year average price is £219,562 with Total Sold: 50
    • The most recent sale happened at this postcode is , 34 SOLENT GARDENS: £250,000 (Sold on 20 Aug 2024)
    • The first recorded sale happened at this postcode is , 7 CLIFTON TERRACE: £21,500 (Sold on 30 Jan 1995)
  • Flat
    • The average price is around £101,415 median price is £105,000 Standard Deviation is £46,982 with Total Sold: 391
    • The Last 5 Year average price is £145,300 with Total Sold: 63
    • 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 £159,455 median price is £163,250 Standard Deviation is £77,854 with Total Sold: 624
    • The Last 5 Year average price is £246,819 with Total Sold: 99
    • 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 , 59 GOLDEN RIDGE: £64,000 (Sold on 12 Jan 1995)
  • Other
    • The average price is around £212,752 median price is £149,000 Standard Deviation is £224,497 with Total Sold: 85
    • The Last 5 Year average price is £191,488 with Total Sold: 54
    • The most recent sale happened at this postcode is , 17 COOPERS CLOSE: £108,858 (Sold on 28 Nov 2023)
    • The first recorded sale happened at this postcode is , AVENUES COMMUNITY SUPPORT CENTRE AVENUE ROAD: £32,000 (Sold on 14 Nov 2013)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£380,750 £3,467 16
2023£449,926 £4,086 29
2022£410,638 £4,004 16
2021£453,837 £3,520 38
2020£326,485 £3,161 26
2019£317,466 £3,040 16
2018£315,577 £3,037 33
2017£280,551 £2,853 34
2016£266,098 £2,520 44
2015£247,467 £2,758 30
2014£241,290 £2,596 24
2013£241,794 £2,576 27
2012£252,548 £2,585 20
2011£238,670 £2,330 23
2010£242,100 £2,573 24
2009£235,036 £2,233 22
2008£274,075 £2,209 20
2007£260,800 £2,505 31
2006£258,471 £2,503 34
2005£248,150 £2,357 23
2004£234,028 £2,328 34
2003£184,816 £1,854 22
2002£146,852 £1,660 27
2001£133,450 £1,515 28
2000£125,727 £1,097 24
1999£103,379 £908 35
1998£89,560 £924 31
1997£71,470 £712 28
1996£75,526 £690 32
1995£69,818 £696 22
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£245,000 £2,243 2
2023£287,500 £3,258 6
2022£246,000 £3,441 5
2021£216,969 £2,623 16
2020£207,000 £2,424 7
2019£186,614 £2,210 14
2018£196,167 £2,544 9
2017£181,158 £2,427 6
2016£171,392 £2,081 6
2015£192,828 £1,828 13
2014£146,917 £1,611 6
2013£159,333 £1,602 6
2012£159,988 £1,512 4
2011£148,500 £2,067 7
2010£142,321 £2,015 3
2009£132,357 £1,793 7
2008£170,950 £2,130 10
2007£183,857 £2,280 7
2006£148,357 £1,892 7
2005£146,621 £2,020 12
2004£152,893 £1,598 7
2003£125,954 £1,912 12
2002£117,956 £1,439 17
2001£100,700 £1,001 15
2000£65,080 £689 5
1999£55,038 £845 13
1998£47,250 £576 2
1997£47,875 £598 8
1996£42,000 £672 3
1995£38,6254
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£112,333 £2,315 3
2023£154,388 £2,828 12
2022£155,348 £3,102 14
2021£157,654 £2,454 13
2020£138,371 £1,946 12
2019£119,939 £2,511 9
2018£130,206 £2,151 15
2017£113,218 £2,033 15
2016£118,221 £1,920 18
2015£115,360 £1,560 11
2014£112,604 £1,857 14
2013£123,419 £1,745 13
2012£109,188 £1,792 8
2011£120,227 £1,943 13
2010£115,010 £1,724 9
2009£124,467 £1,934 11
2008£123,375 £2,098 12
2007£122,995 £2,086 19
2006£123,604 £2,011 24
2005£117,500 £1,956 7
2004£97,392 £1,738 21
2003£80,056 £1,626 9
2002£74,306 £1,417 16
2001£59,980 £1,052 15
2000£45,167 £822 9
1999£46,633 £823 15
1998£34,846 £584 14
1997£35,918 £638 19
1996£33,412 £597 12
1995£32,372 £441 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£222,750 £2,961 6
2023£280,864 £3,811 11
2022£291,598 £3,113 18
2021£246,526 £2,754 19
2020£232,123 £2,475 30
2019£207,511 £2,299 15
2018£229,688 £2,531 17
2017£190,761 £2,220 21
2016£187,469 £2,104 34
2015£181,740 £1,978 25
2014£170,628 £1,998 28
2013£157,706 £1,871 18
2012£166,630 £1,935 27
2011£159,831 £1,837 18
2010£160,165 £2,005 17
2009£195,150 £1,930 16
2008£192,256 £1,699 13
2007£211,786 £2,227 27
2006£183,480 £1,690 25
2005£173,958 £1,941 13
2004£170,007 £1,834 22
2003£143,885 £1,387 25
2002£114,925 £1,235 20
2001£89,917 £1,034 33
2000£77,677 £1,029 26
1999£67,679 £764 26
1998£54,956 £636 17
1997£54,564 £553 25
1996£50,983 £574 18
1995£52,476 £566 14
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£154,801 £6,469 6
2022£280,7825
2021£134,050 £2,565 15
2020£184,924 £2,067 17
2019£259,381 £3,057 11
2018£383,583 £10,959 12
2017£201,812 £1,959 13
2016£60,0002
2015£149,9991
2014£107,5002
2013£32,0001

House Type in PO40 9LU area

The most common house types in the PO40 9LU postcode area are Semi-detached (87), Detached (22), and Terraced (19).

Total131
Semi-detached87
Detached22
Terraced19
Flat1
Shared house1
converted building1
commercial building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (62), and Owned: Owns with a mortgage or loan (23).

Owned: Owns outright62
Owned: Owns with a mortgage or loan23
Social rented: Other social rented23
Private rented: Private landlord or letting agency15
Shared ownership: Shared ownership4
Social rented: Rents from council or Local Authority3
Private rented: Other private rented1
Does not apply0
Lives rent free0

Number of People in a Household

The most houses in the PO40 9LU have 2 people in household (51), and 1 person in household (45).

2 people in household51
1 person in household45
3 people in household17
4 people in household12
5 people in household4
6 people in household1
8 or more people in household1
0 people in household0
7 people in household0