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House Prices in PO39 House Prices in PO39 (Totland Bay)

The average house price in PO39 (Totland Bay) is £276,666 using HM Land Registry data.

The average property price increased by £29,549 (76.17%) over the last 5 years and increased by £5,920 (8.59%) over the last 12 months.

Over the last year, there were 45 residential property sales – a decrease of 4 transactions (-8.89%) relative to the previous year. The majority of house sales (12) were in the £262,000 - £348,000 range. Then came properties in the £176,000 - £262,000 range, where 10 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 £-24,658 (-7%).

In Dec 24, there were 3 new estate agency instructions, 1 agreed home sales and 3 property price reductions.

Nearby Postcodes: PO30, PO40, PO41

5-Year Average Property Prices in PO39 (Totland Bay)

76.17%

Property prices in Totland Bay increased by 76.17% 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 PO39 (Totland Bay) Over the Last Year

8.59%

Property prices in Totland Bay increased by 8.59% 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 PO39 (Totland Bay) - 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 PO39 (Totland Bay)

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 PO39 (Totland Bay)

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 PO39 (Totland Bay)

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 PO39 (Totland Bay) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO39 postcode area since 1995.

Recent Sales in PO39 (Totland Bay)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
Cheyneys, Weston Lane, Totland Bay, Isle Of Wight, PO39 0HE£478,000£455,000-£23,00020 Apr 202421 Nov 2024215 Days
Flat 11, Oak Grange, Uplands Road, Totland Bay, Isle Of Wight, PO39 0DT£190,000£190,000£0020 Mar 202413 Nov 2024238 Days
Corner Cottage, Cliff Road, Totland Bay, Isle Of Wight, PO39 0EH£850,000£810,000-£40,00024 May 202416 Sep 2024115 Days
Westhaven, Colwell Road, Totland Bay, Isle Of Wight, PO39 0AB£475,000£460,000-£15,00006 Apr 202410 Sep 2024157 Days
4 Headon Cottages, Alum Bay, Totland Bay, Isle Of Wight, PO39 0JD£295,000£287,500-£7,50025 May 202410 Sep 2024108 Days
9 Lanes End, Totland Bay, Isle Of Wight, PO39 0AL£235,000£230,000-£5,00004 May 202421 Aug 2024109 Days
Flat 14, Aman Court, Granville Road, Totland Bay, Isle Of Wight, PO39 0BG£300,000£300,000£0030 Mar 202428 Jun 202490 Days
Gilmour, Elliston Road, Totland Bay, Isle Of Wight, PO39 0BA£280,000£255,000-£25,00004 Jan 202428 Jun 2024176 Days
54 Lanes End, Totland Bay, Isle Of Wight, PO39 0BE£195,000£188,000-£7,00020 Feb 202418 Jun 2024119 Days
10 Trevanions Way, Totland Bay, Isle Of Wight, PO39 0JL£345,000£320,000-£25,00006 Apr 202406 Jun 202461 Days
1 Greenways, Totland Bay, Isle Of Wight, PO39 0ED£650,000£630,000-£20,00008 Feb 202425 Apr 202477 Days
10 Fairfield Way, Totland Bay, Isle Of Wight, PO39 0EF£315,000£300,000-£15,00015 Jan 202423 Apr 202499 Days
Sunnydale, Westlands, Totland Bay, Isle Of Wight, PO39 0DJ£350,000£310,000-£40,00011 May 202305 Apr 2024330 Days
9 Farthings Way, Totland Bay, Isle Of Wight, PO39 0LD£299,950£275,000-£24,95020 Nov 202328 Feb 2024100 Days
Flat 3, The Anchorage, Granville Rise, Totland Bay, Isle Of Wight, PO39 0DX£62,500£54,000-£8,50004 Jul 202328 Feb 2024239 Days
Lyndhurst, Church Hill, Totland Bay, Isle Of Wight, PO39 0EU£520,000£425,000-£95,00002 Oct 202314 Feb 2024135 Days
The Vynes, Warden Road, Totland Bay, Isle Of Wight, PO39 0AD£520,000£490,000-£30,00011 Jul 202309 Feb 2024213 Days
22 Fairfield Way, Totland Bay, Isle Of Wight, PO39 0EF£325,000£172,500-£152,50029 Jun 202326 Jan 2024211 Days
Blue Skies, Moons Hill, Totland Bay, Isle Of Wight, PO39 0HU£425,000£420,000-£5,00005 May 202306 Dec 2023215 Days
30 Fairfield Way, Totland Bay, Isle Of Wight, PO39 0EF£320,000£320,000£0018 Aug 202322 Nov 202396 Days

Most Expensive Streets in PO39 (Totland Bay)

PostcodeStreetAreaAverageNo. of Sales
PO39 0ESAlum Bay New RoadTotland Bay£768,6669
PO39 0EWCliff RoadTotland Bay£766,0005
PO39 0FHFern Bank CloseTotland Bay£731,8754
PO39 0EHCliff RoadTotland Bay£698,3163
PO39 0HEWeston LaneTotland Bay£493,5717
PO39 0BJMadeira RoadTotland Bay£492,5003
PO39 0ABColwell RoadTotland Bay£483,3333
PO39 0ETChurch HillTotland Bay£463,6663
PO39 0DPAmos HillTotland Bay£423,6663
PO39 0HLSummers LaneTotland Bay£408,1124

Least Expensive Streets in PO39 (Totland Bay)

PostcodeStreetAreaAverageNo. of Sales
PO39 0BWAfton Gallery, The BroadwayTotland Bay£98,9166
PO39 0AEWarden Hill, Colwell RoadTotland Bay£140,8333
PO39 0AUGranville Court, BroadwayTotland Bay£141,7504
PO39 0ALLanes EndTotland Bay£181,35010
PO39 0DTChurch House, Uplands RoadTotland Bay£193,8427
PO39 0HPEden PlaceTotland Bay£226,6663
PO39 0JSGranville RoadTotland Bay£234,3754
PO39 0BELanes EndTotland Bay£238,2504
PO39 0ARPine Ridge Court, Ward RoadTotland Bay£239,3577
PO39 0DLThe AvenueTotland Bay£244,6258

Explore PO39 (Totland Bay) using map

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