Housing Market Analysis for ELM CLOSE, PO40 9RS

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

Overview of Sold House prices

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

  • Semi-Detached
    • The average price is around £120,000 median price is £120,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is 9 ELM CLOSE: £120,000 (Sold on 22 Aug 2005)
    • The first recorded sale happened at this postcode is 9 ELM CLOSE: £120,000 (Sold on 22 Aug 2005)

Sold Price Trend Over the Years:

Below table and chart gives the average PO40 9RS 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: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2005£120,000 £1,967 1

All the Sales in the ELM CLOSE, PO40 9RS

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

AddressSold DatePrice% Change
9 ELM CLOSESemi-Detached, FreeholdArea: 61 Sq.mtrAge: 1976-198222 Aug 2005£120,000First Sale

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

ELM CLOSE, PO40 9RS Near By properties

Interactive Map

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

  • Detached
    • The average price is around £231,755 median price is £221,000 Standard Deviation is £123,553 with Total Sold: 864
    • The Last 5 Year average price is £383,548 with Total Sold: 145
    • 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 £149,358 median price is £150,000 Standard Deviation is £64,356 with Total Sold: 267
    • The Last 5 Year average price is £218,435 with Total Sold: 56
    • 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 4, LONDON HOUSE COTTAGES QUEENS ROAD: £27,000 (Sold on 06 Jan 1995)
  • Flat
    • The average price is around £105,048 median price is £110,000 Standard Deviation is £46,315 with Total Sold: 379
    • The Last 5 Year average price is £143,507 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 , 27B SUNSET CLOSE: £36,900 (Sold on 27 Feb 1995)
  • Semi-Detached
    • The average price is around £161,729 median price is £165,000 Standard Deviation is £76,565 with Total Sold: 707
    • The Last 5 Year average price is £255,161 with Total Sold: 111
    • The most recent sale happened at this postcode is , ISLEHOLME COLWELL ROAD: £560,500 (Sold on 20 May 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 £185,931 median price is £127,250 Standard Deviation is £190,158 with Total Sold: 52
    • The Last 5 Year average price is £224,849 with Total Sold: 32
    • 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£359,184 £3,457 19
2023£405,661 £4,087 24
2022£392,435 £3,847 20
2021£451,733 £3,533 40
2020£312,344 £3,118 25
2019£313,380 £3,109 17
2018£288,765 £3,178 34
2017£264,868 £2,851 39
2016£268,468 £2,647 41
2015£252,139 £2,797 36
2014£249,698 £2,574 30
2013£231,498 £2,562 28
2012£244,355 £2,585 21
2011£240,922 £2,360 20
2010£241,554 £2,553 26
2009£238,296 £2,259 23
2008£274,075 £2,209 20
2007£255,866 £2,455 35
2006£254,279 £2,525 34
2005£237,855 £2,394 28
2004£241,599 £2,330 40
2003£193,098 £1,932 25
2002£154,143 £1,650 31
2001£124,969 £1,531 29
2000£128,445 £1,102 28
1999£100,978 £884 34
1998£88,708 £924 33
1997£73,505 £728 32
1996£76,157 £690 31
1995£66,643 £697 21
House Type: Terraced
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£245,000 £2,243 2
2023£287,500 £3,258 6
2022£254,167 £3,229 6
2021£213,486 £2,553 18
2020£210,778 £2,439 9
2019£183,507 £2,169 15
2018£183,400 £2,339 10
2017£184,825 £2,245 6
2016£154,294 £2,019 8
2015£190,751 £1,820 13
2014£153,494 £1,762 9
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£185,875 £2,280 8
2006£150,050 £1,825 10
2005£148,889 £1,987 14
2004£154,400 £1,641 8
2003£137,933 £1,828 12
2002£121,831 £1,414 18
2001£100,969 £1,012 16
2000£65,080 £689 5
1999£53,786 £828 14
1998£56,800 £659 5
1997£46,000 £592 9
1996£42,000 £672 3
1995£39,333 £580 6
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£97,750 £2,315 4
2023£156,388 £2,777 12
2022£155,489 £2,948 12
2021£157,115 £2,415 13
2020£138,371 £1,946 12
2019£120,446 £2,384 10
2018£138,500 £2,021 12
2017£118,352 £2,079 15
2016£118,048 £1,947 20
2015£115,360 £1,560 11
2014£112,716 £1,918 16
2013£120,630 £1,772 15
2012£113,375 £1,799 8
2011£123,461 £2,038 14
2010£116,599 £1,781 11
2009£121,970 £1,934 12
2008£121,750 £2,135 14
2007£131,132 £2,238 22
2006£126,643 £1,986 21
2005£122,750 £1,855 6
2004£99,151 £1,700 18
2003£80,938 £1,628 8
2002£76,421 £1,395 14
2001£60,746 £997 13
2000£44,643 £795 7
1999£41,500 £811 11
1998£34,529 £526 12
1997£35,497 £635 18
1996£34,500 £563 9
1995£33,372 £441 9
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£302,700 £2,961 5
2023£278,321 £3,630 14
2022£304,167 £3,030 18
2021£250,523 £2,864 22
2020£234,374 £2,547 34
2019£219,870 £2,305 18
2018£211,924 £2,441 17
2017£196,904 £2,281 21
2016£187,188 £2,102 37
2015£197,768 £2,012 28
2014£170,720 £2,036 30
2013£159,460 £1,867 20
2012£168,586 £1,916 29
2011£158,598 £1,843 20
2010£190,720 £2,069 15
2009£195,633 £1,995 18
2008£193,396 £1,928 16
2007£213,461 £2,197 33
2006£174,786 £1,628 28
2005£177,591 £1,919 16
2004£169,653 £1,918 30
2003£144,658 £1,548 35
2002£114,620 £1,264 25
2001£90,056 £1,075 40
2000£79,325 £1,029 25
1999£69,319 £776 27
1998£57,345 £647 21
1997£55,432 £576 28
1996£54,032 £591 22
1995£51,365 £566 15
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2023£145,772 £1,829 5
2022£534,9825
2021£126,000 £1,369 6
2020£194,267 £1,589 12
2019£176,048 £871 4
2018£183,200 £1,825 5
2017£110,026 £1,786 10
2016£60,0001
2015£149,9991
2014£107,5002
2013£32,0001

House Type in PO40 9RS area

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