Housing Market Analysis for MONKS LANE, PO40 9ST

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

Overview of Sold House prices

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

Detached
- The average price is around £273,200 median price is £250,000 Standard Deviation is £138,293 with Total Sold: 15
- The Last 5 Year average price is £409,375 with Total Sold: 4
- The most recent sale happened at this postcode is SALTERTON MONKS LANE: £395,000 (Sold on 17 Aug 2021)
- The first recorded sale happened at this postcode is ENFIN MONKS LANE: £57,000 (Sold on 09 Nov 1995)
Terraced
- The average price is around £155,667 median price is £145,000 Standard Deviation is £18,732 with Total Sold: 3
- The Last 5 Year average price is £182,000 with Total Sold: 1
- The most recent sale happened at this postcode is 15, ST BARBARA MONKS LANE: £182,000 (Sold on 16 Jul 2021)
- The first recorded sale happened at this postcode is FLAT 15, ST BARBARA MONKS LANE: £145,000 (Sold on 13 Jul 2006)
Flat
- The average price is around £109,500 median price is £109,500 Standard Deviation is £0 with Total Sold: 1
- The most recent sale happened at this postcode is FLAT 19, ST BARBARA MONKS LANE: £109,500 (Sold on 31 Mar 2016)
- The first recorded sale happened at this postcode is FLAT 19, ST BARBARA MONKS LANE: £109,500 (Sold on 31 Mar 2016)

Sold Price Trend Over the Years:

Below table and chart gives the average PO40 9ST 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

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£472,500	£4,393	2
2020	£355,000	£3,777	1
2019	£337,500	£3,668	1
2017	£475,000	£1,892	1
2013	£233,333	£3,119	3
2011	£230,000	£2,972	1
2007	£367,000	£1,462	1
2005	£280,000		1
2000	£176,500		1
1999	£120,000		1
1995	£56,000		2

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£182,000	£2,275	1
2009	£140,000		1
2006	£145,000		1

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2016	£109,500	£1,888	1

All the Sales in the MONKS LANE, PO40 9ST

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

Address	Sold Date	Price	% Change
SALTERTON MONKS LANEDetached, FreeholdArea: 59.9 Sq.mtrAge: 1930-1949	17 Aug 2021	£395,000	92.68%
	31 Jul 2013	£205,000	First Sale
15, ST BARBARA MONKS LANETerraced, FreeholdArea: 80 Sq.mtrAge: 1900-1929	16 Jul 2021	£182,000	First Sale
WINDWHISTLE MONKS LANEDetached, FreeholdArea: 251 Sq.mtrAge: 1983-1990	21 Jan 2021	£550,000	15.79%
	18 Jan 2017	£475,000	29.43%
	01 Jun 2007	£367,000	First Sale
KEYHAVEN MONKS LANEDetached, FreeholdArea: 94 Sq.mtrAge: 1950-1966	27 Nov 2020	£355,000	First Sale
CAMBERA MONKS LANEDetached, FreeholdArea: 92 Sq.mtrAge: 1967-1975	12 Jun 2019	£337,500	First Sale
FLAT 19, ST BARBARA MONKS LANEFlat, LeaseholdArea: 58 Sq.mtrAge: 1967-1975	31 Mar 2016	£109,500	First Sale
TRISHTON MONKS LANEDetached, Freehold	17 Dec 2013	£250,000	108.33%
TRISHTON MONKS LANEDetached, Freehold	09 Dec 1999	£120,000	First Sale
TYDE FORD MONKS LANEDetached, FreeholdArea: 87 Sq.mtrAge: 1983-1990	18 Jul 2013	£245,000	First Sale
ROSEDANE MONKS LANEDetached, FreeholdArea: 77.39 Sq.mtrAge: 1950-1966	03 Oct 2011	£230,000	First Sale
FLAT 15, ST BARBARA MONKS LANETerraced, Freehold	26 Aug 2009	£140,000	-3.45%
FLAT 15, ST BARBARA MONKS LANETerraced, Freehold	13 Jul 2006	£145,000	First Sale
BRONWYLFA MONKS LANEDetached, Freehold	28 Oct 2005	£280,000	409.09%
BRONWYLFA MONKS LANEDetached, Freehold	24 Nov 1995	£55,000	First Sale
MONKS FARM MONKS LANEDetached, Freehold	03 Oct 2000	£176,500	First Sale
ENFIN MONKS LANEDetached, Freehold	09 Nov 1995	£57,000	First Sale

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

MONKS LANE, PO40 9ST Near By properties

Interactive Map

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

Semi-Detached
- The average price is around £124,329 median price is £82,500 Standard Deviation is £96,111 with Total Sold: 166
- The Last 5 Year average price is £192,246 with Total Sold: 35
- The most recent sale happened at this postcode is , 17 MILLWAYS: £287,500 (Sold on 27 Aug 2024)
- The first recorded sale happened at this postcode is , IVY COTTAGE MONKS LANE: £44,500 (Sold on 17 Mar 1995)
Flat
- The average price is around £128,538 median price is £115,000 Standard Deviation is £85,867 with Total Sold: 59
- The Last 5 Year average price is £243,581 with Total Sold: 8
- The most recent sale happened at this postcode is , 14 SOLENT HILL: £288,500 (Sold on 14 Jun 2024)
- The first recorded sale happened at this postcode is FLAT 2, HEATHFIELD MEADOWS HEATHFIELD ROAD: £39,000 (Sold on 03 Nov 1995)
Terraced
- The average price is around £176,008 median price is £200,000 Standard Deviation is £107,122 with Total Sold: 47
- The Last 5 Year average price is £294,200 with Total Sold: 10
- The most recent sale happened at this postcode is , 120 BRAMBLES CHINE: £125,000 (Sold on 28 Nov 2023)
- The first recorded sale happened at this postcode is , 167 BRAMBLES CHINE: £15,250 (Sold on 20 Dec 1996)
Detached
- The average price is around £260,161 median price is £244,500 Standard Deviation is £154,923 with Total Sold: 168
- The Last 5 Year average price is £466,557 with Total Sold: 35
- The most recent sale happened at this postcode is , CHALKYS RETREAT COLWELL ROAD: £417,500 (Sold on 27 Nov 2023)
- The first recorded sale happened at this postcode is , 22 SOLENT HILL: £63,000 (Sold on 07 Jul 1995)
Other
- The average price is around £120,196 median price is £81,500 Standard Deviation is £168,011 with Total Sold: 42
- The Last 5 Year average price is £143,778 with Total Sold: 27
- The most recent sale happened at this postcode is , 172 BRAMBLES CHINE: £155,000 (Sold on 20 Jul 2023)
- The first recorded sale happened at this postcode is , MOUNTFIELD LODGE NORTON GREEN: £150,000 (Sold on 13 Jan 2017)

Sold Price Trend Over the Years:

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£226,250	£4,231	2
2023	£229,643	£3,663	7
2022	£207,222	£3,269	9
2021	£174,667	£2,966	6
2020	£154,200	£2,650	5
2019	£164,102	£2,277	6
2018	£126,244	£2,340	8
2017	£124,453	£1,910	9
2016	£151,250	£1,933	2
2015	£176,625	£1,933	6
2014	£116,583	£1,691	6
2013	£94,800	£1,730	5
2012	£88,625	£1,535	4
2011	£57,438	£1,392	4
2010	£164,875	£2,370	4
2009	£75,000	£1,974	1
2008	£168,000	£1,554	3
2007	£199,500	£2,066	8
2006	£186,965	£2,270	13
2005	£98,125	£2,099	4
2004	£125,345	£2,022	10
2003	£82,167	£1,923	3
2002	£44,556	£992	8
2001	£30,000		2
2000	£37,750	£957	6
1999	£28,250	£739	8
1998	£32,321	£469	7
1997	£39,660	£557	5
1996	£34,833	£891	3
1995	£52,250	£619	2

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£288,500		2
2023	£145,650	£1,615	1
2021	£241,000	£2,409	3
2020	£251,500	£1,851	2
2016	£129,750	£2,260	2
2015	£152,667	£1,348	3
2014	£208,667	£2,008	3
2013	£70,000	£560	1
2009	£60,000	£1,590	2
2008	£160,000		1
2007	£157,447	£814	12
2006	£89,000	£1,075	2
2005	£126,000	£1,927	2
2004	£108,687	£606	6
2003	£60,711	£598	10
2002	£28,500	£814	1
2001	£47,000		1
1999	£88,500	£773	2
1998	£30,500		1
1997	£41,000	£255	1
1995	£39,000	£242	1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£125,000	£3,378	1
2022	£428,333	£2,721	3
2021	£226,600	£2,247	5
2019	£399,000	£1,253	1
2017	£217,000	£2,933	2
2015	£205,250	£1,891	2
2014	£205,000	£1,620	2
2013	£212,500	£2,226	1
2009	£137,000	£2,147	3
2008	£178,362	£1,781	4
2007	£156,225	£1,689	2
2006	£199,971	£1,951	7
2004	£93,401	£732	8
2003	£67,906	£670	3
2001	£31,500	£851	1
2000	£29,000	£744	1
1996	£15,250		1

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£436,875	£4,042	4
2022	£435,250	£3,879	6
2021	£531,000	£3,808	18
2020	£315,000	£3,296	4
2019	£384,167	£2,901	3
2017	£304,724	£2,930	10
2016	£300,333	£2,933	3
2015	£296,750	£2,923	4
2014	£215,833	£2,081	3
2013	£244,271	£2,645	7
2012	£309,750	£2,317	4
2011	£237,600	£2,338	5
2010	£250,000	£3,994	1
2009	£244,917	£1,992	6
2008	£375,000		1
2007	£278,000	£2,185	10
2006	£243,227	£1,968	13
2005	£240,000	£1,944	5
2004	£174,786	£1,605	7
2003	£162,938	£1,514	8
2002	£172,318	£1,145	11
2001	£149,700	£1,559	5
2000	£129,900	£874	5
1999	£110,790	£624	5
1998	£142,333	£915	3
1997	£94,055	£738	9
1996	£79,690	£705	5
1995	£58,333	£724	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£143,500	£3,878	2
2022	£152,500	£2,051	2
2021	£101,050	£2,841	10
2020	£121,833	£2,131	6
2019	£221,214	£2,168	7
2018	£60,542	£1,146	6
2017	£89,222	£1,323	9

House Type in PO40 9ST area

The most common house types in the PO40 9ST postcode area are Semi-detached (63), Detached (57), and Flat (15).

Total	149
Semi-detached	63
Detached	57
Flat	15
Terraced	8
Shared house	3
converted building	2
temporary structure	1
commercial building	0

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 (25).

Owned: Owns outright	97
Owned: Owns with a mortgage or loan	25
Social rented: Other social rented	14
Private rented: Private landlord or letting agency	8
Private rented: Other private rented	5
Social rented: Rents from council or Local Authority	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 9ST have 2 people in household (72), and 1 person in household (52).

2 people in household	72
1 person in household	52
3 people in household	15
4 people in household	6
5 people in household	4
7 people in household	1
0 people in household	0
6 people in household	0
8 or more people in household	0