Housing Market Analysis for MARTINE CLOSE, PO40 9NG

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

Overview of Sold House prices

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

Terraced
- The average price is around £142,000 median price is £133,000 Standard Deviation is £93,542 with Total Sold: 13
- The Last 5 Year average price is £276,667 with Total Sold: 3
- The most recent sale happened at this postcode is 21 MARTINE CLOSE: £210,000 (Sold on 31 Jul 2023)
- The first recorded sale happened at this postcode is 21 MARTINE CLOSE: £47,500 (Sold on 27 Mar 1997)

Sold Price Trend Over the Years:

Below table and chart gives the average PO40 9NG 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	£280,000	£2,949	2
2022	£270,000	£3,293	1
2018	£175,000	£2,244	1
2016	£163,500	£2,725	1
2008	£200,000	£2,439	1
2003	£133,000		1
2001	£92,000	£1,122	1
1999	£57,000		1
1997	£48,875	£600	4

All the Sales in the MARTINE CLOSE, PO40 9NG

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

Address	Sold Date	Price	% Change
21 MARTINE CLOSETerraced, FreeholdArea: 60 Sq.mtrAge: 1967-1975	31 Jul 2023	£210,000	28.44%
	18 Jul 2016	£163,500	244.21%
	27 Mar 1997	£47,500	First Sale
18 MARTINE CLOSETerraced, FreeholdArea: 146 Sq.mtrAge: 1983-1990	03 Feb 2023	£350,000	607.07%
	28 Nov 1997	£49,500	First Sale
22 MARTINE CLOSETerraced, FreeholdArea: 82 Sq.mtrAge: 1976-1982	18 Mar 2022	£270,000	35.00%
	28 Mar 2008	£200,000	117.39%
	02 Nov 2001	£92,000	67.27%
	12 Aug 1997	£55,000	First Sale
17A MARTINE CLOSETerraced, FreeholdArea: 78 Sq.mtrAge: 1967-1975	18 Dec 2018	£175,000	First Sale
16 MARTINE CLOSETerraced, Freehold	21 Nov 2003	£133,000	133.33%
	03 Aug 1999	£57,000	31.03%
	28 Nov 1997	£43,500	First Sale

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

MARTINE CLOSE, PO40 9NG Near By properties

Interactive Map

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

Detached
- The average price is around £236,201 median price is £220,000 Standard Deviation is £132,501 with Total Sold: 797
- The Last 5 Year average price is £400,499 with Total Sold: 138
- 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 £151,561 median price is £152,750 Standard Deviation is £64,031 with Total Sold: 232
- 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 £99,740 median price is £102,500 Standard Deviation is £47,668 with Total Sold: 361
- The Last 5 Year average price is £144,719 with Total Sold: 59
- 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 £159,072 median price is £163,000 Standard Deviation is £77,109 with Total Sold: 620
- 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 £204,601 median price is £145,000 Standard Deviation is £217,421 with Total Sold: 83
- The Last 5 Year average price is £177,661 with Total Sold: 52
- 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£380,750	£3,467	16
2023	£455,102	£4,135	28
2022	£410,638	£4,004	16
2021	£452,661	£3,446	36
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	£267,402	£2,545	43
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	£264,132	£2,213	19
2007	£254,622	£2,529	27
2006	£258,471	£2,503	34
2005	£241,248	£2,357	22
2004	£234,028	£2,328	34
2003	£176,236	£1,854	21
2002	£146,852	£1,660	27
2001	£134,133	£1,515	27
2000	£123,976	£1,097	23
1999	£104,287	£919	34
1998	£89,560	£924	31
1997	£72,320	£726	27
1996	£75,526	£690	32
1995	£71,000	£714	21

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£201,562	£2,487	8
2017	£186,390	£2,191	5
2016	£171,392	£2,081	6
2015	£193,063	£1,780	12
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	£127,768	£1,912	11
2002	£120,562	£1,439	16
2001	£100,700	£1,001	15
2000	£65,080	£689	5
1999	£55,542	£845	12
1998	£47,250	£576	2
1997	£47,875	£598	8
1996	£42,000	£672	3
1995	£39,667		3

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£112,333	£2,315	3
2023	£153,423	£2,872	11
2022	£153,644	£3,140	13
2021	£157,654	£2,454	13
2020	£138,745	£1,935	10
2019	£119,939	£2,511	9
2018	£129,084	£2,256	13
2017	£115,214	£2,035	13
2016	£116,965	£2,000	15
2015	£113,746	£1,560	10
2014	£111,871	£1,857	12
2013	£124,038	£1,744	12
2012	£108,357	£1,799	7
2011	£118,350	£1,939	10
2010	£111,441	£1,633	7
2009	£118,000	£2,033	4
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	£36,747	£638	18
1996	£33,405	£597	11
1995	£32,372	£441	9

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
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	£212,816	£2,212	26
2006	£173,417	£1,690	24
2005	£173,958	£1,941	13
2004	£166,674	£1,856	21
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	£69,386	£764	25
1998	£54,956	£636	17
1997	£54,564	£553	25
1996	£50,983	£574	18
1995	£52,476	£566	14

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£125,762	£11,108	5
2022	£150,478		4
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	£60,000		2
2015	£149,999		1
2014	£107,500		2
2013	£32,000		1

House Type in PO40 9NG area

The most common house types in the PO40 9NG postcode area are Terraced (59), Semi-detached (45), and Flat (26).

Total	135
Terraced	59
Semi-detached	45
Flat	26
Detached	5
Shared house	0
converted building	0
commercial building	0
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Social rented: Other social rented (61), and Owned: Owns with a mortgage or loan (29).

Social rented: Other social rented	61
Owned: Owns with a mortgage or loan	29
Owned: Owns outright	24
Private rented: Private landlord or letting agency	15
Social rented: Rents from council or Local Authority	5
Private rented: Other private rented	2
Does not apply	0
Shared ownership: Shared ownership	0
Lives rent free	0

Number of People in a Household

The most houses in the PO40 9NG have 2 people in household (50), and 1 person in household (31).

2 people in household	50
1 person in household	31
3 people in household	25
4 people in household	15
5 people in household	7
6 people in household	3
8 or more people in household	1
0 people in household	0
7 people in household	0