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House Prices in PO31

The average house price in PO31 (Cowes) is £321,944 using HM Land Registry data.

The average property price increased by £32,472 (9.85%) over the last 5 years and increased by £6,492 (1.82%) over the last 12 months.

Over the last year, there were 192 residential property sales – a decrease of 16 transactions (-8.33%) relative to the previous year. The majority of house sales (50) were in the £234,000 - £308,000 range. Then came properties in the £160,000 - £234,000 range, where 38 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 84 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,686 (-3%).

In Mar 2026, there were 72 new estate agency instructions, 44 agreed home sales and 54 property price reductions.

5-Year Average Property Prices in PO31 (Cowes)

9.85%

Property prices in PO31 (Cowes) increased by 9.85% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PO31 (Cowes) Over the Last Year

1.82%

Property prices in PO31 (Cowes) increased by 1.82% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for PO31 (Cowes) - Mar 2026

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PO31 (Cowes)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PO31 (Cowes)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PO31 (Cowes)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PO31 (Cowes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO31 postcode area since 1995.

Recent Sales in PO31 (Cowes)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
67 Pallance Road, Northwood, PO31 8LP	£350,000	£319,000	-£31,000	20 Mar 2025	11 Dec 2025	266 Days
16 The Chandlers, Cowes, PO31 7FG	£485,000	£472,500	-£12,500	30 Jun 2025	10 Dec 2025	163 Days
26 Moorgreen Road, Cowes, PO31 7LH	£375,000	£340,000	-£35,000	07 Jul 2025	05 Dec 2025	151 Days
Flat 7, Orchard House, Orchard Place, Cowes, PO31 7DZ	£210,000	£205,000	-£5,000	31 Oct 2025	05 Dec 2025	35 Days
69 Alexandra Road, Cowes, PO31 7JT	£275,000	£265,000	-£10,000	22 Sep 2025	01 Dec 2025	70 Days
242 Arctic Road, Cowes, PO31 7PJ	£215,000	£205,000	-£10,000	26 Jun 2025	28 Nov 2025	155 Days
20 Pine Tree Close, Cowes, PO31 8DX	£675,000	£658,500	-£16,500	21 Mar 2025	27 Nov 2025	251 Days
14 Worsley Road, Cowes, PO31 8JN	£485,000	£485,000	£0	23 Jun 2025	27 Nov 2025	157 Days
2 Sharon Court, Queens Road, Cowes, PO31 8BD	£200,000	£200,000	£0	31 Oct 2025	21 Nov 2025	21 Days
128 Park Road, Cowes, PO31 7LZ	£225,000	£210,000	-£15,000	14 Jul 2025	21 Nov 2025	130 Days
9 Harry Cheek Gardens, Cowes, PO31 8QH	£300,000	£290,000	-£10,000	03 Jan 2025	18 Nov 2025	319 Days
9 Mountbatten Avenue, Cowes, PO31 8HE	£395,000	£385,000	-£10,000	07 May 2025	06 Nov 2025	183 Days
115 Ash House, Baring Road, Cowes, PO31 8DS	£895,000	£875,000	-£20,000	02 May 2025	04 Nov 2025	186 Days
17 Mill Hill Road, Cowes, PO31 7EB	£425,000	£400,000	-£25,000	26 Dec 2024	31 Oct 2025	309 Days
27 Osborne Court, The Parade, Cowes, PO31 7QS	£210,000	£210,000	£0	07 Apr 2025	31 Oct 2025	207 Days
30 Elm Grove, Cowes, PO31 7HB	£255,000	£238,000	-£17,000	28 May 2025	31 Oct 2025	156 Days
2a, Parklands Avenue, Cowes, PO31 7NH	£385,000	£365,000	-£20,000	06 May 2025	30 Oct 2025	177 Days
24 Drake House, Medina Gardens, Cowes, PO31 7AA	£365,000	£350,000	-£15,000	18 Jun 2025	24 Oct 2025	128 Days
13 Veka, Moorgreen Road, Cowes, PO31 7LJ	£220,000	£209,140	-£10,860	07 Mar 2025	22 Oct 2025	229 Days
Flat 2, 8e, Consort Road, Cowes, PO31 7SQ	£179,950	£176,000	-£3,950	03 Jun 2025	17 Oct 2025	136 Days

Most Expensive Streets in PO31 (Cowes)

Postcode	Street	Area	Average	No. of Sales
PO31 8JZ	Solent View Road	Cowes	£1,554,771	6
PO31 8BQ	Queens Road	Cowes	£1,500,000	3
PO31 8DW	Baring Road	Cowes	£1,081,666	3
PO31 8BP	Egypt Hill	Cowes	£1,071,666	3
PO31 8BY	Queens Road	Cowes	£1,022,459	3
PO31 8LE	Princes Esplanade	Cowes	£979,400	5
PO31 7QZ	Castle Road	Cowes	£821,600	5
PO31 8AZ	Ward Avenue	Cowes	£731,666	3
PO31 8JY	Solent View Road	Cowes	£666,250	4
PO31 8BW	Queens Road	Cowes	£657,376	5

Least Expensive Streets in PO31 (Cowes)

Postcode	Street	Area	Average	No. of Sales
PO31 8RN	Gurnard Pines, Cockleton Lane	Cowes	£56,625	4
PO31 8RD	Gurnard Pines, Cockleton Lane	Cowes	£56,833	3
PO31 8RL	Gurnard Pines, Cockleton Lane	Cowes	£94,716	9
PO31 8RS	Gurnard Pines, Cockleton Lane	Cowes	£135,000	3
PO31 7DG	Newport Road	Cowes	£141,333	3
PO31 7EX	Mill Hill Lodge, Mill Hill Road	Cowes	£154,900	5
PO31 8BT	Briary Court, Egypt Esplanade	Cowes	£155,441	30
PO31 7DZ	Orchard House, Orchard Place	Cowes	£157,125	4
PO31 7BH	Birmingham Road	Cowes	£163,750	4
PO31 7EA	Mill Hill Road	Cowes	£169,750	6