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Bembridge House Prices

The average house price in Bembridge is £615,000 using HM Land Registry data.

The average property price increased by £213,448 (54.12%) over the last 5 years and increased by £42,670 (7.55%) over the last 12 months.

Over the last year, there were 51 residential property sales – a decrease of 26 transactions (-50.98%) relative to the previous year. The majority of house sales (15) were in the £338,000 - £516,000 range. Then came properties in the £160,000 - £338,000 range, where 11 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 £-48,325 (-6%).

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

5-Year Average Property Prices in Bembridge

54.12%

Property prices in Bembridge increased by 54.12% 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 Bembridge Over the Last Year

7.55%

Property prices in Bembridge increased by 7.55% 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 Bembridge - 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 Bembridge

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 Bembridge

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 Bembridge

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 Bembridge since 1995

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

Recent Property Sales in Bembridge

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
Flat 6, Elizabeth Court, High Street, Bembridge, Isle Of Wight, PO35 5SN	£170,000	£165,000	-£5,000	06 Feb 2024	19 Jul 2024	164 Days
25 Walls Road, Bembridge, Isle Of Wight, PO35 5RA	£485,000	£477,500	-£7,500	05 Dec 2023	16 Apr 2024	133 Days
Rosemullion, Love Lane, Bembridge, Isle Of Wight, PO35 5YD	£655,000	£585,000	-£70,000	23 Oct 2023	14 Mar 2024	143 Days
8 Meadow Close, Bembridge, Isle Of Wight, PO35 5YJ	£650,000	£640,000	-£10,000	09 Oct 2023	21 Feb 2024	135 Days
13 St Lukes Drive, Bembridge, Isle Of Wight, PO35 5XA	£600,000	£590,000	-£10,000	06 Nov 2023	06 Feb 2024	92 Days
4 Woodnutt Close, Bembridge, Isle Of Wight, PO35 5YF	£435,000	£410,000	-£25,000	22 Jun 2023	31 Jan 2024	223 Days
1 Rolfs Close, Bembridge, Isle Of Wight, PO35 5RL	£400,000	£380,000	-£20,000	04 Sep 2023	15 Dec 2023	102 Days
2 Rosemead Place, Bembridge, Isle Of Wight, PO35 5AD	£328,000	£300,000	-£28,000	27 Apr 2023	15 Dec 2023	232 Days
82a, Foreland Road, Bembridge, Isle Of Wight, PO35 5UD	£450,000	£430,000	-£20,000	09 Aug 2023	01 Dec 2023	114 Days
Flat 5, Highbury Court, Lane End Road, Bembridge, Isle Of Wight, PO35 5SU	£140,000	£127,000	-£13,000	24 Mar 2023	24 Nov 2023	245 Days
19 Woodland Grove, Bembridge, Isle Of Wight, PO35 5SG	£450,000	£376,000	-£74,000	01 Jun 2023	24 Nov 2023	176 Days
Lavender House, Swains Lane, Bembridge, Isle Of Wight, PO35 5ST	£2,750,000	£2,500,000	-£250,000	28 Jul 2023	21 Nov 2023	116 Days
7 Walls Road, Bembridge, Isle Of Wight, PO35 5RA	£410,000	£392,000	-£18,000	27 Jan 2023	16 Nov 2023	293 Days
16 Brook Furlong, Bembridge, Isle Of Wight, PO35 5QR	£450,000	£440,000	-£10,000	21 Oct 2022	08 Nov 2023	383 Days
7 St Lukes Drive, Bembridge, Isle Of Wight, PO35 5XA	£625,000	£560,000	-£65,000	24 Jan 2023	02 Nov 2023	282 Days
1 Forelands Field Road, Bembridge, Isle Of Wight, PO35 5TP	£530,000	£500,000	-£30,000	09 Nov 2022	13 Oct 2023	338 Days
Brooklands Cottage, Lane End Road, Bembridge, Isle Of Wight, PO35 5UE	£585,000	£570,000	-£15,000	05 Jul 2023	06 Sep 2023	63 Days
10 Brook Furlong, Bembridge, Isle Of Wight, PO35 5QR	£365,000	£355,000	-£10,000	26 Dec 2022	01 Sep 2023	249 Days
Apartment 3, Silver Sands Court, Church Road, Bembridge, Isle Of Wight, PO35 5AA	£310,000	£300,000	-£10,000	07 Mar 2016	11 Aug 2023	2713 Days
Cedar Cottage, Swains Road, Bembridge, Isle Of Wight, PO35 5XR	£795,000	£700,000	-£95,000	12 Apr 2023	04 Aug 2023	114 Days

Most Expensive Streets in Bembridge

Postcode	Street	Area	Average	No. of Sales
PO35 5ST	Swains Lane	Bembridge	£1,813,311	6
PO35 5NE	Ducie Avenue	Bembridge	£1,286,666	6
PO35 5NA	Harbour Mount	Bembridge	£1,180,000	4
PO35 5XS	Swains Road	Bembridge	£898,450	10
PO35 5TL	Paddock Drive	Bembridge	£852,500	4
PO35 5RY	Sherbourne Street	Bembridge	£819,166	3
PO35 5XP	Northclose Road	Bembridge	£818,333	3
PO35 5XR	Swains Road	Bembridge	£765,000	4
PO35 5UD	Foreland Road	Bembridge	£700,000	3
PO35 5QW	Howgate Road	Bembridge	£606,666	3

Least Expensive Streets in Bembridge

Postcode	Street	Area	Average	No. of Sales
PO35 5SN	Elizabeth Court	High Street, Bembridge	£153,333	3
PO35 5XG	Elms Court	Bembridge	£163,491	6
PO35 5SR	Grange Gardens	Bembridge	£199,142	7
PO35 5QJ	Lincoln Way	Bembridge	£246,200	5
PO35 5RX	Woodlands	Foreland Road	£264,833	3
PO35 5RR	Lincoln Way	Bembridge	£274,666	6
PO35 5XN	Foreland Road	Bembridge	£285,000	7
PO35 5QT	Downs View Road	Bembridge	£287,666	9
PO35 5SS	Willowdene Court	Bembridge	£288,990	5
PO35 5UY	Manna Road	Bembridge	£296,250	4