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House Prices in PO32 House Prices in PO32 (East Cowes)

The average house price in PO32 (East Cowes) is £209,500 using HM Land Registry data.

The average property price increased by £73,984 (19.11%) over the last 5 years and increased by £14,824 (3.02%) over the last 12 months.

Over the last year, there were 106 residential property sales – a decrease of 40 transactions (-37.74%) relative to the previous year. The majority of house sales (25) were in the £194,000 - £238,000 range. Then came properties in the £238,000 - £282,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 133 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-8,648 (-3%).

In Dec 24, there were 26 new estate agency instructions, 6 agreed home sales and 11 property price reductions.

Nearby Postcodes: PO30, PO31, PO33, PO34, PO35, PO36, PO38, PO40, PO41

5-Year Average Property Prices in PO32 (East Cowes)

19.11%

Property prices in East Cowes increased by 19.11% 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 PO32 (East Cowes) Over the Last Year

3.02%

Property prices in East Cowes increased by 3.02% 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.

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).

Property Market Heat Gauge for PO32 (East Cowes) - Dec 24

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 PO32 (East 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 PO32 (East 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 PO32 (East 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 PO32 (East Cowes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO32 postcode area since 1995.

Recent Sales in PO32 (East Cowes)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
37 Kingslea Park, East Cowes, Isle Of Wight, PO32 6JW£250,000£240,000-£10,00026 Jun 202317 Oct 2024479 Days
28 Crossways Road, East Cowes, Isle Of Wight, PO32 6JA£340,000£335,000-£5,00002 May 202404 Oct 2024155 Days
64 Medina View, East Cowes, Isle Of Wight, PO32 6SU£299,950£282,000-£17,95006 Feb 202403 Oct 2024240 Days
8 Pumphouse Lane, East Cowes, Isle Of Wight, PO32 6FJ£200,000£200,000£0005 Jul 202427 Sep 202484 Days
14 Oak Tree Way, East Cowes, Isle Of Wight, PO32 6PL£285,000£270,000-£15,00002 Apr 202406 Sep 2024157 Days
13 Kent Avenue, East Cowes, Isle Of Wight, PO32 6QN£289,950£280,000-£9,95008 Aug 202302 Sep 2024391 Days
51 Yarborough Road, East Cowes, Isle Of Wight, PO32 6SB£189,950£180,000-£9,95022 Jan 202414 Aug 2024205 Days
28 Vereker Drive, East Cowes, Isle Of Wight, PO32 6QD£270,000£260,000-£10,00026 Feb 202409 Aug 2024165 Days
13 Rosetta Drive, East Cowes, Isle Of Wight, PO32 6EN£210,000£200,000-£10,00028 Nov 202309 Aug 2024255 Days
7 Minerva Road, East Cowes, Isle Of Wight, PO32 6HD£192,500£185,000-£7,50026 Feb 202407 Aug 2024163 Days
15 Cambridge Road, East Cowes, Isle Of Wight, PO32 6AE£359,995£346,000-£13,99508 Mar 202401 Aug 2024146 Days
25 Oaks Close, East Cowes, Isle Of Wight, PO32 6EH£495,000£487,500-£7,50017 May 202401 Aug 202476 Days
84 Osborne Road, East Cowes, Isle Of Wight, PO32 6RZ£199,950£190,000-£9,95012 Mar 202431 Jul 2024141 Days
21 Greenlands Road, East Cowes, Isle Of Wight, PO32 6HS£250,000£240,000-£10,00008 Jul 202325 Jul 2024383 Days
13 St Davids Road, East Cowes, Isle Of Wight, PO32 6ED£192,500£188,000-£4,50020 Mar 202416 Jul 2024118 Days
Sunnymead, Victoria Grove, East Cowes, Isle Of Wight, PO32 6BJ£280,000£275,000-£5,00006 Feb 202401 Jul 2024146 Days
6 Denton Gardens, East Cowes, Isle Of Wight, PO32 6EJ£465,000£460,000-£5,00017 Aug 202312 Jun 2024300 Days
Hollington, Millfield Avenue, East Cowes, Isle Of Wight, PO32 6AR£270,000£252,000-£18,00030 Jun 202322 May 2024327 Days
4 Haven Close, East Cowes, Isle Of Wight, PO32 6GL£170,000£163,000-£7,00020 Oct 202317 May 2024210 Days
68 Adelaide Grove, East Cowes, Isle Of Wight, PO32 6DD£180,000£180,000£0001 Feb 202417 May 2024106 Days

Most Expensive Streets in PO32 (East Cowes)

PostcodeStreetAreaAverageNo. of Sales
PO32 6GXBarrington CloseEast Cowes£551,8754
PO32 6FQGrace Woodford DriveEast Cowes£529,0005
PO32 6AECambridge RoadEast Cowes£497,6663
PO32 6NZAlverstone RoadEast Cowes£434,0756
PO32 6AXOld RoadEast Cowes£395,7147
PO32 6APOld RoadEast Cowes£365,0003
PO32 6AHCambridge RoadEast Cowes£363,3905
PO32 6QGHefford RoadEast Cowes£339,5254
PO32 6AUOld RoadEast Cowes£339,4287
PO32 6UBThe Octagon, Britannia WayEast Cowes£332,6663

Least Expensive Streets in PO32 (East Cowes)

PostcodeStreetAreaAverageNo. of Sales
PO32 6JLCockerell RiseEast Cowes£122,89219
PO32 6GRChinchen CloseEast Cowes£128,2416
PO32 6QTBirch CloseEast Cowes£131,3624
PO32 6BHArthur Cottage, York AvenueEast Cowes£147,0223
PO32 6SAAlfred StreetEast Cowes£149,45411
PO32 6FWWaterside CloseEast Cowes£153,5004
PO32 6GLHaven CloseEast Cowes£154,6663
PO32 6GAAlbert WayEast Cowes£163,13611
PO32 6QLPrincess CloseEast Cowes£163,3333
PO32 6HAClarence RoadEast Cowes£166,1878

Explore PO32 (East Cowes) using map

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