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House Prices in PO30 House Prices in PO30 (Newport)

The average house price in PO30 (Newport) is £214,263 using HM Land Registry data.

The average property price increased by £47,771 (24.01%) over the last 5 years and increased by £9,572 (3.67%) over the last 12 months.

Over the last year, there were 289 residential property sales – a decrease of 144 transactions (-49.83%) relative to the previous year. The majority of house sales (79) were in the £120,000 - £182,000 range. Then came properties in the £182,000 - £244,000 range, where 59 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 £-7,554 (-2%).

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

Nearby Postcodes: PO31, PO32, PO33, PO34, PO35, PO36, PO37, PO38, PO39, PO40, PO41

5-Year Average Property Prices in PO30 (Newport)

24.01%

Property prices in Newport increased by 24.01% 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 PO30 (Newport) Over the Last Year

3.67%

Property prices in Newport increased by 3.67% 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 PO30 (Newport) - 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 PO30 (Newport)

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 PO30 (Newport)

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 PO30 (Newport)

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 PO30 (Newport) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO30 postcode area since 1995.

Recent Sales in PO30 (Newport)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
21 Bowdens Mead Close, Newport, Isle Of Wight, PO30 5GZ£229,500£220,000-£9,50006 Dec 202322 Aug 2024260 Days
53 Cross Lane, Newport, Isle Of Wight, PO30 2JW£185,000£185,000£0007 May 202416 Aug 2024101 Days
112 Carisbrooke Road, Newport, Isle Of Wight, PO30 1DB£365,000£360,000-£5,00016 Feb 202415 Aug 2024181 Days
1 Chestnut Cottages, Parkhurst Forest, Newport, Isle Of Wight, PO30 5TZ£350,000£325,000-£25,00004 Nov 202326 Jul 2024265 Days
3 Chillerton Farm Barns, Chillerton, Newport, Isle Of Wight, PO30 3HW£295,000£295,000£0017 Jul 202324 Jul 2024373 Days
71 Sylvan Drive, Newport, Isle Of Wight, PO30 5EQ£340,000£320,000-£20,00012 Oct 202319 Jul 2024281 Days
6 Cross Street, Newport, Isle Of Wight, PO30 1PT£165,000£160,000-£5,00012 Apr 202412 Jul 202491 Days
33 Castle Road, Newport, Isle Of Wight, PO30 1DT£250,000£240,000-£10,00025 Jan 202405 Jul 2024162 Days
13 Acacia Close, Newport, Isle Of Wight, PO30 5FQ£279,950£265,000-£14,95019 Nov 202304 Jul 2024228 Days
9 Orchards Way, Shorwell, Newport, Isle Of Wight, PO30 3LF£385,000£380,000-£5,00030 Oct 202328 Jun 2024242 Days
27 Bellmead Lane, Newport, Isle Of Wight, PO30 2JN£275,000£266,000-£9,00017 Feb 202427 Jun 2024131 Days
3 Queens Road, Newport, Isle Of Wight, PO30 1EZ£575,000£575,000£0014 Feb 202426 Jun 2024133 Days
The Nook, Moor Lane, Brighstone, Newport, Isle Of Wight, PO30 4DL£500,000£465,000-£35,00006 Mar 202426 Jun 2024112 Days
52 Long Lane, Newport, Isle Of Wight, PO30 2NH£375,000£370,000-£5,00016 Apr 202414 Jun 202459 Days
Flat 29, Somers Brook Court, Foxes Road, Newport, Isle Of Wight, PO30 5UN£199,950£150,000-£49,95018 Dec 201513 Jun 20243100 Days
36 Worsley Road, Newport, Isle Of Wight, PO30 5JD£189,950£181,000-£8,95015 Feb 202407 Jun 2024113 Days
5 Hewitt Crescent, Newport, Isle Of Wight, PO30 5NL£320,000£310,000-£10,00009 Feb 202404 Jun 2024116 Days
9 Milne Way, Newport, Isle Of Wight, PO30 1YF£280,000£265,000-£15,00031 Oct 202304 Jun 2024217 Days
Tientu, Merstone Lane, Merstone, Newport, Isle Of Wight, PO30 3DF£700,000£690,000-£10,00014 Oct 202331 May 2024230 Days
19 Purdy Road, Newport, Isle Of Wight, PO30 5SU£249,900£245,000-£4,90028 Sep 202329 May 2024244 Days

Most Expensive Streets in PO30 (Newport)

PostcodeStreetAreaAverageNo. of Sales
PO30 4EJBrookNewport£793,3205
PO30 4AELimerstone Road, BrighstoneNewport£751,6663
PO30 4BAUpper Lane, BrighstoneNewport£693,2504
PO30 5LYForest RoadNewport£669,1663
PO30 4PNThorncross Lane, BrighstoneNewport£600,5005
PO30 4DRChilton Lane, BrighstoneNewport£585,5006
PO30 3DFMerstone Lane, MerstoneNewport£565,0004
PO30 3JLFive Bells, Main RoadNewport£565,0003
PO30 4EUBrookNewport£551,0005
PO30 3LHYafford, ShorwellNewport£544,5833

Least Expensive Streets in PO30 (Newport)

PostcodeStreetAreaAverageNo. of Sales
PO30 5JLLugley StreetNewport£57,6005
PO30 5GAHomewight House, Crocker Street, NewportNewport£75,63524
PO30 1ARSavoy Court, Town LaneNewport£87,42313
PO30 1SPRolla Court, New Street, NewportNewport£94,1254
PO30 5GNSnowberry RoadNewport£103,6005
PO30 5PRRooke StreetNewport£108,8333
PO30 1RHChandler CloseNewport£114,0003
PO30 5JYCrocker StreetNewport£116,3333
PO30 2DZRobin Hood StreetNewport£118,0005
PO30 5AADrill Hall RoadNewport£120,5008

Explore PO30 (Newport) using map

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