Housing Market Analysis for MARSH CLOSE, PO40 9RE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £206,900 median price is £235,000 Standard Deviation is £78,220 with Total Sold: 5
    • The Last 5 Year average price is £290,000 with Total Sold: 1
    • The most recent sale happened at this postcode is 2 MARSH CLOSE: £290,000 (Sold on 03 Jun 2020)
    • The first recorded sale happened at this postcode is 4 MARSH CLOSE: £80,000 (Sold on 23 Aug 1996)

Sold Price Trend Over the Years:

Below table and chart gives the average PO40 9RE 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
2020£290,000 £3,152 1
2014£272,500 £2,868 1
2011£235,000 £2,474 1
2001£157,000 £1,653 1
1996£80,000 £842 1

All the Sales in the MARSH CLOSE, PO40 9RE

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

AddressSold DatePrice% Change
2 MARSH CLOSEDetached, FreeholdArea: 92 Sq.mtrAge: 1976-198203 Jun 2020£290,000First Sale
4 MARSH CLOSEDetached, FreeholdArea: 95 Sq.mtrAge: 1983-199014 Feb 2014£272,50015.96%
01 Nov 2011£235,00049.68%
19 Apr 2001£157,00096.25%
23 Aug 1996£80,000First Sale

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

MARSH CLOSE, PO40 9RE Near By properties

Interactive Map

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

  • Semi-Detached
    • The average price is around £188,790 median price is £187,000 Standard Deviation is £103,159 with Total Sold: 262
    • The Last 5 Year average price is £312,512 with Total Sold: 42
    • The most recent sale happened at this postcode is , THE RETREAT GUYERS ROAD: £425,000 (Sold on 20 Sep 2024)
    • The first recorded sale happened at this postcode is , HIGHBURY BLACKBRIDGE ROAD: £47,500 (Sold on 08 Mar 1995)
  • Detached
    • The average price is around £234,615 median price is £227,500 Standard Deviation is £125,735 with Total Sold: 487
    • The Last 5 Year average price is £375,026 with Total Sold: 70
    • The most recent sale happened at this postcode is , 4 JENNINGS CLOSE: £395,000 (Sold on 08 Mar 2024)
    • The first recorded sale happened at this postcode is , COSY CORNER EVERARD CLOSE: £113,500 (Sold on 17 Jan 1995)
  • Flat
    • The average price is around £124,501 median price is £115,000 Standard Deviation is £65,288 with Total Sold: 138
    • The Last 5 Year average price is £197,929 with Total Sold: 21
    • The most recent sale happened at this postcode is FLAT 8, HAZELHURST GATE LANE: £200,000 (Sold on 15 Sep 2023)
    • The first recorded sale happened at this postcode is FLAT 5, VICTORIA COURT VICTORIA ROAD: £43,000 (Sold on 19 Jan 1995)
  • Terraced
    • The average price is around £154,874 median price is £157,500 Standard Deviation is £85,711 with Total Sold: 100
    • The Last 5 Year average price is £262,250 with Total Sold: 14
    • The most recent sale happened at this postcode is 1, STAR COTTAGES CAMP ROAD: £305,000 (Sold on 22 Jun 2023)
    • The first recorded sale happened at this postcode is 1, STROUD COTTAGES STROUD ROAD: £32,500 (Sold on 31 May 1995)
  • Other
    • The average price is around £276,970 median price is £210,000 Standard Deviation is £186,485 with Total Sold: 8
    • The Last 5 Year average price is £359,565 with Total Sold: 4
    • The most recent sale happened at this postcode is , 135 SCHOOL GREEN ROAD: £230,000 (Sold on 07 Oct 2022)
    • The first recorded sale happened at this postcode is FLAT 9, HAZELHURST GATE LANE: £22,500 (Sold on 30 Sep 2016)

Sold Price Trend Over the Years:

House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£425,0001
2023£327,000 £3,335 5
2022£426,667 £3,704 9
2021£285,833 £3,253 9
2020£259,846 £2,476 13
2019£255,000 £3,456 5
2018£246,000 £2,500 9
2017£262,346 £2,528 13
2016£210,909 £2,401 11
2015£190,661 £2,215 19
2014£211,150 £2,410 10
2013£186,833 £2,264 6
2012£207,167 £2,273 6
2011£209,125 £1,774 8
2010£246,883 £2,228 9
2009£187,429 £1,425 7
2008£212,800 £1,982 5
2007£202,714 £2,615 7
2006£221,000 £3,109 6
2005£198,655 £1,953 10
2004£196,369 £2,092 8
2003£152,707 £1,302 7
2002£145,008 £1,331 13
2001£89,958 £991 12
2000£77,622 £994 9
1999£71,790 £821 5
1998£77,328 £595 9
1997£61,811 £664 9
1996£72,194 £539 9
1995£56,021 £448 13
House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£406,667 £5,246 3
2023£463,143 £5,359 7
2022£396,357 £4,386 12
2021£383,882 £3,271 17
2020£384,417 £3,485 12
2019£310,237 £3,106 19
2018£324,947 £3,041 19
2017£349,615 £2,710 13
2016£299,282 £3,069 14
2015£278,059 £2,781 17
2014£280,525 £2,797 18
2013£272,177 £2,694 11
2012£278,778 £3,057 9
2011£248,333 £2,358 9
2010£297,182 £2,566 11
2009£228,967 £2,768 15
2008£330,550 £2,518 6
2007£282,741 £2,869 17
2006£309,331 £2,505 18
2005£264,789 £2,436 19
2004£269,231 £1,979 23
2003£218,898 £1,770 14
2002£177,084 £1,639 29
2001£160,722 £1,421 20
2000£142,729 £1,340 26
1999£120,720 £1,261 23
1998£90,717 £889 24
1997£91,333 £969 21
1996£85,675 £797 27
1995£70,529 £675 14
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£212,500 £3,339 3
2022£255,000 £3,290 2
2021£204,562 £3,482 8
2020£166,000 £2,302 4
2019£177,125 £2,751 4
2018£205,000 £3,143 5
2017£138,000 £2,744 6
2016£149,667 £2,843 6
2015£119,500 £2,264 8
2014£151,312 £2,309 8
2013£143,967 £1,445 6
2012£141,400 £1,624 5
2011£126,250 £2,584 2
2010£129,028 £1,943 5
2009£139,279 £1,868 7
2008£99,950 £2,272 1
2007£171,750 £1,597 4
2006£136,667 £2,117 6
2005£94,862 £1,591 4
2004£91,790 £1,722 5
2003£70,000 £1,045 1
2002£88,425 £1,327 8
2001£61,000 £797 3
2000£62,500 £974 1
1999£59,000 £730 6
1998£48,700 £594 5
1997£45,786 £611 7
1996£33,300 £589 5
1995£37,000 £662 3
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£378,000 £3,458 3
2022£175,500 £2,423 2
2021£231,600 £3,531 5
2020£172,000 £2,606 1
2019£285,500 £2,653 3
2018£230,750 £3,021 2
2017£181,600 £2,454 5
2016£166,250 £3,063 4
2015£201,200 £2,232 5
2014£178,000 £2,539 3
2013£154,167 £1,756 3
2012£212,000 £2,251 10
2011£138,000 £1,944 1
2010£275,0001
2009£160,000 £2,500 1
2008£110,000 £2,115 1
2007£164,500 £2,299 4
2006£178,475 £2,241 2
2005£157,990 £1,841 5
2004£165,500 £2,054 3
2003£164,3624
2002£105,000 £1,400 1
2001£83,833 £1,141 3
2000£67,500 £961 2
1999£67,000 £752 6
1998£60,692 £708 13
1997£45,000 £625 1
1996£55,3333
1995£41,167 £371 3
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£230,0001
2020£676,7601
2019£265,750 £3,480 2
2017£177,5002
2016£211,250 £312 2

House Type in PO40 9RE area

The most common house types in the PO40 9RE postcode area are Detached (69), Semi-detached (47), and Terraced (8).

Total127
Detached69
Semi-detached47
Terraced8
Shared house2
commercial building1
Flat0
converted building0
temporary structure0

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 (19).

Owned: Owns outright97
Owned: Owns with a mortgage or loan19
Private rented: Private landlord or letting agency8
Private rented: Other private rented4
Social rented: Other social rented2
Shared ownership: Shared ownership1
Does not apply0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the PO40 9RE have 2 people in household (58), and 1 person in household (44).

2 people in household58
1 person in household44
3 people in household13
4 people in household10
5 people in household3
6 people in household1
0 people in household0
7 people in household0
8 or more people in household0