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House Prices in PO36 House Prices in PO36 (Sandown)

The average house price in PO36 (Sandown) is £220,166 using HM Land Registry data.

The average property price increased by £85,734 (27.08%) over the last 5 years and increased by £17,178 (4.06%) over the last 12 months.

Over the last year, there were 196 residential property sales – a decrease of 8 transactions (-4.08%) relative to the previous year. The majority of house sales (45) were in the £254,000 - £316,000 range. Then came properties in the £192,000 - £254,000 range, where 44 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 100 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-7,041 (-2%).

In Oct 24, there were new estate agency instructions, agreed home sales and property price reductions.

Nearby Postcodes: PO30, PO31, PO32, PO33, PO34, PO35, PO37, PO38, PO40, PO41

5-Year Average Property Prices in PO36 (Sandown)

27.08%

Property prices in Sandown increased by 27.08% 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 PO36 (Sandown) Over the Last Year

4.06%

Property prices in Sandown increased by 4.06% 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 PO36 (Sandown) - Oct 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 PO36 (Sandown)

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 PO36 (Sandown)

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 PO36 (Sandown)

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 PO36 (Sandown) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO36 postcode area since 1995.

Recent Sales in PO36 (Sandown)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
49 Sandown Road, Lake, Sandown, Isle Of Wight, PO36 9LF£295,000£295,000£0027 Apr 202416 Aug 2024111 Days
17 The Fairway, Lake, Sandown, Isle Of Wight, PO36 9EF£440,000£418,000-£22,00023 Jan 202415 Aug 2024205 Days
41 Culver Way, Yaverland, Sandown, Isle Of Wight, PO36 8QJ£310,000£310,000£0025 Jan 202426 Jul 2024183 Days
31 Woodhall Drive, Sandown, Isle Of Wight, PO36 9QB£280,000£267,000-£13,00027 Mar 202426 Jul 2024121 Days
7 Pursley Close, Sandown, Isle Of Wight, PO36 9QP£325,000£300,000-£25,00011 Sep 202318 Jul 2024311 Days
13 Fairmead Close, Sandown, Isle Of Wight, PO36 9HH£169,950£167,000-£2,95005 Mar 202412 Jul 2024129 Days
5 Whites Mead, Sandown, Isle Of Wight, PO36 9HR£345,000£340,000-£5,00001 Feb 202410 Jul 2024160 Days
12a, Winchester Park Road, Sandown, Isle Of Wight, PO36 8HJ£225,000£222,500-£2,50015 Apr 202405 Jul 202481 Days
12 Berry Hill, Sandown, Isle Of Wight, PO36 9JB£315,000£305,000-£10,00022 Jan 202428 Jun 2024158 Days
34 Newport Road, Sandown, Isle Of Wight, PO36 9LN£285,000£280,000-£5,00001 Sep 202328 Jun 2024301 Days
45 The Fairway, Lake, Sandown, Isle Of Wight, PO36 9EG£379,950£360,000-£19,95024 Jan 202428 Jun 2024156 Days
67 Medeway, Sandown, Isle Of Wight, PO36 9HQ£365,000£360,000-£5,00029 Jan 202428 Jun 2024151 Days
58 St Johns Road, Sandown, Isle Of Wight, PO36 8HF£300,000£275,000-£25,00031 Oct 202324 Jun 2024237 Days
17 Willow Way, Sandown, Isle Of Wight, PO36 9PW£220,000£215,000-£5,00024 Feb 202421 Jun 2024118 Days
2a, Leed Street, Sandown, Isle Of Wight, PO36 9DA£399,950£385,000-£14,95011 Sep 202321 Jun 2024284 Days
14 The Chase, Apse Heath, Sandown, Isle Of Wight, PO36 0PD£215,000£210,000-£5,00002 Nov 202317 Jun 2024228 Days
18 Sandham Gardens, Sandown, Isle Of Wight, PO36 9QQ£240,000£230,000-£10,00011 Jan 202413 Jun 2024154 Days
1a, Desmond Price Close, Sandown, Isle Of Wight, PO36 9PB£299,950£297,000-£2,95023 Jan 202428 May 2024126 Days
18a, Grove Road, Sandown, Isle Of Wight, PO36 9BE£435,000£395,000-£40,00019 May 202324 May 2024371 Days
59 St Johns Road, Sandown, Isle Of Wight, PO36 8HE£425,000£395,000-£30,00021 Sep 202324 May 2024246 Days

Most Expensive Streets in PO36 (Sandown)

PostcodeStreetAreaAverageNo. of Sales
PO36 8QGCulver WaySandown£628,7504
PO36 0DEThe Mall, BradingSandown£571,6663
PO36 0NTKnighton Shute, NewchurchSandown£520,6663
PO36 0NFHigh Street, NewchurchSandown£515,0003
PO36 0JDWoodside Avenue, Alverstone Garden VillageSandown£501,3333
PO36 0LSNewport Road, Apse HeathSandown£480,9905
PO36 0HEYoungwoods Way, Alverstone Garden VillageSandown£468,27211
PO36 0HSWebster Way, Alverstone Garden VillageSandown£465,0003
PO36 0LDAlverstone Road, Queen BowerSandown£463,3333
PO36 0LHAlverstone Road, Apse HeathSandown£447,5004

Least Expensive Streets in PO36 (Sandown)

PostcodeStreetAreaAverageNo. of Sales
PO36 9JPSandown RoadSandown£89,1663
PO36 0JLForest Court, Forest WaySandown£98,2754
PO36 8EWSt Johns Court, St Johns RoadSandown£99,0003
PO36 8NUCliff Court, Currie RoadSandown£100,64117
PO36 0LWFernhill Court, ParkwaySandown£104,6666
PO36 9JXSandown RoadSandown£116,55126
PO36 9ARThe CloistersSandown£117,6005
PO36 9BZBroadwaySandown£117,6005
PO36 0DSWest Street, BradingSandown£123,9833
PO36 0PSRose Court, Woods DriveSandown£126,6533

Explore PO36 (Sandown) using map

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