Housing Market Analysis for GASWORKS LANE, PO41 0SE

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

Overview of Sold House prices

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

  • Detached
    • The average price is around £761,250 median price is £761,250 Standard Deviation is £548,750 with Total Sold: 2
    • The Last 5 Year average price is £1,310,000 with Total Sold: 1
    • The most recent sale happened at this postcode is VENTURE GASWORKS LANE: £1,310,000 (Sold on 20 Oct 2020)
    • The first recorded sale happened at this postcode is QUAY COTTAGE GASWORKS LANE: £212,500 (Sold on 10 Jan 1996)
  • Other
    • The average price is around £225,000 median price is £225,000 Standard Deviation is £0 with Total Sold: 1
    • The most recent sale happened at this postcode is ISLE OF WIGHT OUTBOARDS LTD GASWORKS LANE: £225,000 (Sold on 19 Dec 2017)
    • The first recorded sale happened at this postcode is ISLE OF WIGHT OUTBOARDS LTD GASWORKS LANE: £225,000 (Sold on 19 Dec 2017)

Sold Price Trend Over the Years:

Below table and chart gives the average PO41 0SE 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£1,310,000 £5,325 1
1996£212,500 £1,037 1
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£225,0001

All the Sales in the GASWORKS LANE, PO41 0SE

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

AddressSold DatePrice% Change
VENTURE GASWORKS LANEDetached, FreeholdArea: 246 Sq.mtr20 Oct 2020£1,310,000First Sale
ISLE OF WIGHT OUTBOARDS LTD GASWORKS LANEOther, Freehold19 Dec 2017£225,000First Sale
QUAY COTTAGE GASWORKS LANEDetached, FreeholdArea: 205 Sq.mtrAge: 1950-196610 Jan 1996£212,500First Sale

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

GASWORKS LANE, PO41 0SE Near By properties

Interactive Map

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

  • Detached
    • The average price is around £413,132 median price is £347,000 Standard Deviation is £320,797 with Total Sold: 58
    • The Last 5 Year average price is £859,695 with Total Sold: 10
    • The most recent sale happened at this postcode is , GUNLEY MEDE HALLETTS SHUTE: £1,950,000 (Sold on 29 Jan 2024)
    • The first recorded sale happened at this postcode is , QUAY COTTAGE GASWORKS LANE: £212,500 (Sold on 10 Jan 1996)
  • Flat
    • The average price is around £204,250 median price is £198,250 Standard Deviation is £20,219 with Total Sold: 4
    • The Last 5 Year average price is £206,833 with Total Sold: 3
    • The most recent sale happened at this postcode is FLAT 4, HIGHFIELD HALLETTS SHUTE: £200,000 (Sold on 18 Feb 2022)
    • The first recorded sale happened at this postcode is FLAT 1, HIGHFIELD HALLETTS SHUTE: £196,500 (Sold on 25 Feb 2005)
  • Other
    • The average price is around £662,500 median price is £662,500 Standard Deviation is £437,500 with Total Sold: 2
    • The most recent sale happened at this postcode is , ISLE OF WIGHT OUTBOARDS LTD GASWORKS LANE: £225,000 (Sold on 19 Dec 2017)
    • The first recorded sale happened at this postcode is , CAREY SCONCE HALLETTS SHUTE: £1,100,000 (Sold on 26 Oct 2016)
  • Semi-Detached
    • The average price is around £219,000 median price is £220,000 Standard Deviation is £93,188 with Total Sold: 5
    • The most recent sale happened at this postcode is , MEDLARS HALLETTS SHUTE: £360,000 (Sold on 16 Dec 2015)
    • The first recorded sale happened at this postcode is , MEDLARS HALLETTS SHUTE: £220,000 (Sold on 07 Mar 2000)

Sold Price Trend Over the Years:

House Type: Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2024£1,950,000 £5,387 1
2023£454,500 £4,500 1
2022£950,000 £5,727 2
2021£399,950 £4,347 1
2020£849,375 £4,667 4
2019£495,000 £4,160 1
2018£574,9501
2017£487,562 £3,333 4
2015£527,500 £2,931 2
2012£450,000 £3,008 1
2011£377,500 £2,777 2
2010£324,000 £2,550 1
2008£650,0001
2007£225,0001
2006£354,750 £2,656 4
2004£416,996 £2,345 5
2003£248,750 £2,578 4
2002£329,250 £2,187 2
2001£251,600 £1,554 5
1999£233,688 £1,302 8
1998£160,166 £978 3
1997£134,167 £820 3
1996£212,500 £1,037 1
House Type: Flat
YearAvg. PriceAvg. Price/Sq. mtrSold
2022£200,000 £2,020 1
2021£183,000 £1,743 1
2020£237,500 £2,328 1
2005£196,5001
House Type: Other
YearAvg. PriceAvg. Price/Sq. mtrSold
2017£225,0001
2016£1,100,000 £4,911 1
House Type: Semi-Detached
YearAvg. PriceAvg. Price/Sq. mtrSold
2015£360,000 £2,308 1
2012£275,000 £3,030 1
2001£100,0001
2000£180,000 £1,569 2

House Type in PO41 0SE area

The most common house types in the PO41 0SE postcode area are Detached (101), Semi-detached (14), and Shared house (4).

Total122
Detached101
Semi-detached14
Shared house4
Terraced1
Flat1
commercial building1
converted building0
temporary structure0

Tenure of household

As per the tenure of household, most of the the properties are Owned: Owns outright (95), and Owned: Owns with a mortgage or loan (20).

Owned: Owns outright95
Owned: Owns with a mortgage or loan20
Private rented: Private landlord or letting agency6
Social rented: Other social rented1
Private rented: Other private rented1
Does not apply0
Shared ownership: Shared ownership0
Social rented: Rents from council or Local Authority0
Lives rent free0

Number of People in a Household

The most houses in the PO41 0SE have 2 people in household (71), and 1 person in household (37).

2 people in household71
1 person in household37
3 people in household8
4 people in household4
5 people in household2
8 or more people in household1
0 people in household0
6 people in household0
7 people in household0