House Prices in PO31 House Prices in PO31 (Cowes)

The average house price in PO31 (Cowes) is £415,140 using HM Land Registry data.

The average property price increased by £71,218 (41.16%) over the last 5 years and increased by £14,270 (5.63%) over the last 12 months.

Over the last year, there were 192 residential property sales – a decrease of 53 transactions (-27.60%) relative to the previous year. The majority of house sales (59) were in the £232,000 - £324,000 range. Then came properties in the £140,000 - £232,000 range, where 42 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 199 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-11,234 (-3%).

In March 2025, there were 52 new estate agency instructions, 32 agreed home sales and 24 property price reductions.

5-Year Average Property Prices in PO31 (Cowes)

41.16%

Property prices in PO31 (Cowes) increased by 41.16% 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 PO31 (Cowes) Over the Last Year

5.63%

Property prices in PO31 (Cowes) increased by 5.63% 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 PO31 (Cowes) - March 2025

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 PO31 (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 PO31 (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 PO31 (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 PO31 (Cowes) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO31 postcode area since 1995.

Recent Sales in PO31 (Cowes)

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
125 Pallance Road, Northwood, Cowes, Isle Of Wight, PO31 8LS£479,000£470,000-£9,00014 Oct 202426 Feb 2025135 Days
5 Debourne Close, Cowes, Isle Of Wight, PO31 7NW£330,000£300,000-£30,00016 Sep 202421 Feb 2025158 Days
Flat 7, Briary Court, Egypt Esplanade, Cowes, Isle Of Wight, PO31 8BT£229,950£220,000-£9,95003 May 202406 Feb 2025279 Days
The Heritage, Tuttons Hill, Cowes, Isle Of Wight, PO31 8JA£900,000£850,000-£50,00018 Sep 202403 Feb 2025138 Days
196 Baring Road, Cowes, Isle Of Wight, PO31 8ER£579,950£547,500-£32,45013 Mar 202431 Jan 2025324 Days
24 Church Road, Gurnard, Cowes, Isle Of Wight, PO31 8JP£325,000£302,600-£22,40024 Sep 202431 Jan 2025129 Days
21 Fellows Road, Cowes, Isle Of Wight, PO31 7JN£190,000£180,000-£10,00025 Sep 202429 Jan 2025126 Days
30 The Avenue, Gurnard, Cowes, Isle Of Wight, PO31 8JL£600,000£550,000-£50,00027 Jul 202429 Jan 2025186 Days
28a, Fellows Road, Cowes, Isle Of Wight, PO31 7JN£109,500£105,000-£4,50029 Apr 202423 Jan 2025269 Days
Hazelwood, Princes Street, Cowes, Isle Of Wight, PO31 7NB£235,000£225,000-£10,00012 Sep 202410 Jan 2025120 Days
73 Alexandra Road, Cowes, Isle Of Wight, PO31 7JT£260,000£250,000-£10,00004 Sep 202403 Jan 2025121 Days
183 Newport Road, Cowes, Isle Of Wight, PO31 7ER£280,000£275,000-£5,00026 Jul 202417 Dec 2024144 Days
202 Arctic Road, Cowes, Isle Of Wight, PO31 7PF£159,999£159,999£009 Oct 202417 Dec 202469 Days
272 Arctic Road, Cowes, Isle Of Wight, PO31 7PJ£285,000£280,000-£5,00023 Aug 202416 Dec 2024115 Days
27 Church Road, Gurnard, Cowes, Isle Of Wight, PO31 8JP£420,000£400,765-£19,23508 Jul 202416 Dec 2024161 Days
2 Velsheda View, Cowes, Isle Of Wight, PO31 7FP£435,000£420,000-£15,00028 May 202406 Dec 2024192 Days
14 Charles Road, Cowes, Isle Of Wight, PO31 8HG£340,000£330,000-£10,00021 Mar 202403 Dec 2024257 Days
36 Pallance Road, Northwood, Cowes, Isle Of Wight, PO31 8LW£410,000£405,000-£5,00019 Jul 202429 Nov 2024133 Days
10 The Ridge, Cowes, Isle Of Wight, PO31 8QN£415,000£415,000£023 May 202429 Nov 2024190 Days
22 Green Lane, Cowes, Isle Of Wight, PO31 8QG£480,000£440,000-£40,00029 May 202407 Nov 2024162 Days

Most Expensive Streets in PO31 (Cowes)

PostcodeStreetAreaAverageNo. of Sales
PO31 8JZSolent View Road, GurnardCowes£1,379,8047
PO31 8BQQueens RoadCowes£1,218,3336
PO31 8BPEgypt HillCowes£1,071,6663
PO31 8DWBaring RoadCowes£894,0005
PO31 8JXWorsley Road, GurnardCowes£812,0003
PO31 7QZCastle RoadCowes£776,3005
PO31 8AZWard AvenueCowes£731,6663
PO31 8LEPrinces EsplanadeCowes£714,5006
PO31 7TWUnion RoadCowes£678,3333
PO31 8AYWard AvenueCowes£628,6254

Least Expensive Streets in PO31 (Cowes)

PostcodeStreetAreaAverageNo. of Sales
PO31 8RNGurnard Pines, GurnardCowes£59,8333
PO31 8RLGurnard Pines, GurnardCowes£91,6586
PO31 7FYThe SidingsCowes£124,0003
PO31 7DGNewport RoadCowes£139,0004
PO31 7DZOrchard House, Orchard PlaceCowes£141,1663
PO31 8BTBriary Court, Egypt EsplanadeCowes£156,81630
PO31 7EXMill Hill Lodge, Mill Hill RoadCowes£159,1663
PO31 7XBBrunswick Court, Medina RoadCowes£161,6663
PO31 7EAMill Hill RoadCowes£169,7506
PO31 7PBBridge RoadCowes£173,2504

Explore PO31 (Cowes) using map

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