Housing Market Analysis for MILL ROAD, PO41 0RA

Are you looking to understand PO41 0RA 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 PO41 0RA area, explore the PO41 0RA Area information page.
For comprehensive crime statistics in the PO41 0RA area, explore the PO41 0RA Crime Rates page.

Overview of Sold House prices

As per the latest sold houses in the PO41 0RA postcode area, The average prices are as follows,

Detached
- The average price is around £383,769 median price is £375,000 Standard Deviation is £213,714 with Total Sold: 13
- The Last 5 Year average price is £690,000 with Total Sold: 2
- The most recent sale happened at this postcode is WESLAC MILL ROAD: £645,000 (Sold on 21 Apr 2023)
- The first recorded sale happened at this postcode is SUMMER COTTAGE MILL ROAD: £6,000 (Sold on 24 Jun 1996)
Terraced
- The average price is around £357,500 median price is £377,500 Standard Deviation is £31,983 with Total Sold: 6
- The Last 5 Year average price is £380,000 with Total Sold: 2
- The most recent sale happened at this postcode is 3, FISHERMANS COTTAGES MILL ROAD: £375,000 (Sold on 12 Apr 2021)
- The first recorded sale happened at this postcode is 1, FISHERMANS COTTAGES MILL ROAD: £380,000 (Sold on 08 Aug 2008)
Semi-Detached
- The average price is around £359,500 median price is £359,500 Standard Deviation is £49,500 with Total Sold: 2
- The most recent sale happened at this postcode is 6, FISHERMANS COTTAGES MILL ROAD: £310,000 (Sold on 24 Oct 2008)
- The first recorded sale happened at this postcode is 5, FISHERMANS COTTAGES MILL ROAD: £409,000 (Sold on 31 Oct 2007)

Sold Price Trend Over the Years:

Below table and chart gives the average PO41 0RA 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
2023	£645,000	£6,811	1
2022	£735,000	£6,374	1
2015	£625,000	£3,788	1
2014	£425,000	£4,267	1
2011	£375,000	£3,252	1
2007	£450,000	£4,518	1
2006	£446,250		2
2002	£218,500	£1,444	3
1997	£180,000		1
1996	£6,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2021	£380,000	£5,185	2
2009	£310,000	£4,493	1
2008	£358,333	£4,258	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2008	£310,000		1
2007	£409,000		1

All the Sales in the MILL ROAD, PO41 0RA

See the table below for more details on the sold house prices in the PO41 0RA, Isle of Wight postcode.

Address	Sold Date	Price	% Change
WESLAC MILL ROADDetached, FreeholdArea: 94.7 Sq.mtrAge: 1950-1966	21 Apr 2023	£645,000	First Sale
WEST VIEW MILL ROADDetached, FreeholdArea: 115.32 Sq.mtrAge: 1900-1929	12 Sep 2022	£735,000	96.00%
	22 Mar 2011	£375,000	First Sale
3, FISHERMANS COTTAGES MILL ROADTerraced, FreeholdArea: 69 Sq.mtrAge: 2007 onwards	12 Apr 2021	£375,000	20.97%
	30 Sep 2009	£310,000	First Sale
4, FISHERMANS COTTAGES MILL ROADTerraced, FreeholdArea: 78 Sq.mtrAge: 2007 onwards	31 Mar 2021	£385,000	22.22%
	24 Oct 2008	£315,000	First Sale
RIVER HOUSE MILL ROADDetached, FreeholdArea: 165 Sq.mtrAge: 1930-1949	20 Mar 2015	£625,000	98.41%
	31 May 2002	£315,000	26.00%
	24 Jan 2002	£250,000	First Sale
BOATERS MILL ROADDetached, FreeholdArea: 99.6 Sq.mtrAge: 2003-2006	02 Oct 2014	£425,000	-5.56%
	29 Oct 2007	£450,000	397.24%
	24 May 2002	£90,500	First Sale
6, FISHERMANS COTTAGES MILL ROADSemi-Detached, Freehold	24 Oct 2008	£310,000	First Sale
2, FISHERMANS COTTAGES MILL ROADTerraced, FreeholdArea: 87 Sq.mtrAge: 2007-2011	22 Aug 2008	£380,000	First Sale
1, FISHERMANS COTTAGES MILL ROADTerraced, FreeholdArea: 87 Sq.mtrAge: 2007-2011	08 Aug 2008	£380,000	First Sale
5, FISHERMANS COTTAGES MILL ROADSemi-Detached, Freehold	31 Oct 2007	£409,000	First Sale
FERNLEA MILL ROADDetached, Freehold	22 Nov 2006	£582,500	223.61%
FERNLEA MILL ROADDetached, Freehold	03 Oct 1997	£180,000	First Sale
SUMMER COTTAGE MILL ROADDetached, Freehold	04 Aug 2006	£310,000	5066.67%
SUMMER COTTAGE MILL ROADDetached, Freehold	24 Jun 1996	£6,000	First Sale

Check out the sold house prices near the PO41 0RA postcode. Properties currently for saleProperties currently for rent

MILL ROAD, PO41 0RA Near By properties

Interactive Map

This Interactive map can help you visualize the nearby sold house in the PO41 0RA 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 PO41 0RA postcode.

Flat
- The average price is around £115,704 median price is £119,500 Standard Deviation is £64,364 with Total Sold: 86
- The Last 5 Year average price is £191,630 with Total Sold: 15
- The most recent sale happened at this postcode is FLAT 1, EREMUE COURT BRIDGE ROAD: £177,000 (Sold on 09 Sep 2024)
- The first recorded sale happened at this postcode is FLAT 2, ST JAMES COURT QUAY STREET: £30,000 (Sold on 20 Jul 1995)
Semi-Detached
- The average price is around £223,678 median price is £230,000 Standard Deviation is £108,601 with Total Sold: 147
- The Last 5 Year average price is £334,825 with Total Sold: 20
- The most recent sale happened at this postcode is 4, HOLMES COURT TENNYSON ROAD: £281,000 (Sold on 12 Jul 2024)
- The first recorded sale happened at this postcode is , ALVINA COTTAGE STATION ROAD: £75,000 (Sold on 31 Jul 1995)
Other
- The average price is around £518,900 median price is £383,950 Standard Deviation is £509,107 with Total Sold: 19
- The Last 5 Year average price is £484,256 with Total Sold: 16
- The most recent sale happened at this postcode is 1, YARMOUTH HOUSE HIGH STREET: £17,000 (Sold on 28 Feb 2024)
- The first recorded sale happened at this postcode is , GEORGE HOTEL QUAY STREET: £1,600,000 (Sold on 31 Mar 2014)
Terraced
- The average price is around £249,444 median price is £250,000 Standard Deviation is £134,649 with Total Sold: 165
- The Last 5 Year average price is £397,089 with Total Sold: 22
- The most recent sale happened at this postcode is 5, COASTGUARD COTTAGES BRIDGE ROAD: £590,000 (Sold on 16 Oct 2023)
- The first recorded sale happened at this postcode is , BAY COTTAGE EREMUE LANE: £60,000 (Sold on 03 Jan 1995)
Detached
- The average price is around £345,131 median price is £287,500 Standard Deviation is £241,866 with Total Sold: 164
- The Last 5 Year average price is £542,833 with Total Sold: 23
- The most recent sale happened at this postcode is , 6 THE MOUNT: £1,000,000 (Sold on 22 Aug 2023)
- The first recorded sale happened at this postcode is , GARFIELD VICTORIA ROAD: £72,000 (Sold on 18 May 1995)

Sold Price Trend Over the Years:

House Type: Flat

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£177,000		1
2023	£150,000		1
2022	£207,993	£4,060	7
2021	£226,667	£3,686	3
2020	£150,000	£3,061	1
2019	£130,750	£2,328	2
2017	£131,750	£2,842	2
2016	£140,667	£2,750	3
2015	£134,750	£3,152	2
2014	£126,167	£2,989	3
2012	£207,500	£3,110	1
2011	£140,000		1
2009	£148,000	£2,619	1
2008	£149,300	£2,653	5
2007	£180,000	£2,913	5
2006	£128,300	£2,074	5
2005	£105,000	£3,919	2
2004	£149,333	£2,743	3
2003	£100,500	£1,800	2
2002	£97,071	£1,489	7
2001	£65,000	£1,459	4
2000	£83,125	£1,157	4
1999	£53,400	£972	5
1998	£41,300	£678	5
1997	£32,082	£532	4
1996	£31,562	£626	4
1995	£33,333	£690	3

House Type: Semi-Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£281,000		1
2023	£425,000	£3,664	2
2022	£421,250	£4,544	2
2021	£316,667	£3,602	6
2020	£357,200	£3,810	5
2019	£259,250	£3,455	4
2018	£355,000	£4,226	1
2017	£305,312	£3,366	8
2016	£330,500	£4,327	4
2015	£310,800	£3,416	5
2014	£245,500	£3,116	8
2013	£248,429	£3,133	7
2012	£245,643	£2,628	7
2010	£249,625	£2,859	4
2009	£252,500	£2,858	4
2008	£304,556		3
2007	£335,571	£2,996	7
2006	£291,667	£2,881	3
2005	£231,243	£2,421	8
2004	£197,522	£1,816	6
2003	£177,417	£1,861	6
2002	£160,000	£1,769	4
2001	£134,125	£1,219	8
2000	£121,333	£1,193	9
1999	£116,917	£1,224	6
1998	£77,658	£902	6
1997	£71,417	£805	6
1996	£64,250	£702	4
1995	£61,467	£686	3

House Type: Other

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2024	£17,000		1
2023	£379,667	£4,200	3
2022	£454,475	£5,078	2
2021	£392,000	£5,874	5
2020	£437,458	£4,921	3
2019	£1,205,385		2
2015	£255,500		2
2014	£1,600,000		1

House Type: Terraced

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£408,333	£4,384	3
2022	£456,658	£4,580	6
2021	£388,833	£4,702	6
2020	£403,750	£4,340	4
2019	£274,333	£3,254	3
2018	£334,778	£4,336	9
2017	£247,250	£3,076	6
2016	£262,292	£3,422	6
2015	£303,750	£3,395	6
2014	£267,600	£3,965	10
2013	£310,917	£3,148	6
2012	£236,095	£2,824	10
2011	£348,333	£4,363	6
2010	£376,000	£3,534	4
2009	£235,667	£3,333	3
2008	£312,000	£3,430	6
2007	£298,800	£4,141	5
2006	£345,000	£2,757	2
2005	£351,650	£3,185	3
2004	£282,000	£2,595	5
2003	£253,750	£2,776	4
2002	£194,083	£2,309	6
2001	£158,072	£1,466	7
2000	£103,850	£1,388	10
1999	£106,133	£1,494	3
1998	£98,400	£1,241	5
1997	£101,357	£932	7
1996	£73,951	£853	8
1995	£61,521	£916	6

House Type: Detached

Year	Avg. Price	Avg. Price/Sq. mtr	Sold
2023	£821,250	£5,833	4
2022	£693,550	£6,370	4
2021	£392,250	£3,981	4
2020	£417,500	£4,086	4
2019	£455,279	£3,689	7
2018	£365,750	£2,893	4
2017	£636,625	£3,963	8
2016	£511,233	£4,158	6
2015	£479,750	£3,597	4
2014	£322,750	£3,651	5
2013	£428,167	£2,851	6
2012	£338,000	£2,927	3
2011	£520,000	£3,889	4
2010	£271,625	£2,583	4
2009	£447,500	£2,270	2
2008	£755,000	£4,290	2
2007	£410,000	£4,053	3
2006	£477,500	£2,883	9
2005	£501,429	£3,057	7
2004	£281,000	£1,635	5
2003	£269,500	£3,445	5
2002	£223,643	£1,658	7
2001	£184,625	£1,889	8
2000	£124,357	£1,263	7
1999	£282,125	£1,909	8
1998	£136,350	£994	13
1997	£131,000	£1,058	9
1996	£79,138	£785	8
1995	£65,250	£670	4

House Type in PO41 0RA area

The most common house types in the PO41 0RA postcode area are Flat (38), Semi-detached (34), and Detached (29).

Total	138
Flat	38
Semi-detached	34
Detached	29
Terraced	17
Shared house	10
commercial building	9
converted building	1
temporary structure	0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (53), and Private rented: Private landlord or letting agency (43).

Owned: Owns outright	53
Private rented: Private landlord or letting agency	43
Social rented: Other social rented	27
Owned: Owns with a mortgage or loan	12
Private rented: Other private rented	2
Shared ownership: Shared ownership	1
Does not apply	0
Social rented: Rents from council or Local Authority	0
Lives rent free	0

Number of People in a Household

The most houses in the PO41 0RA have 1 person in household (73), and 2 people in household (52).

1 person in household	73
2 people in household	52
3 people in household	9
5 people in household	1
7 people in household	1
0 people in household	0
4 people in household	0
6 people in household	0
8 or more people in household	0