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Ryde House Prices Ryde House Prices

The average house price in Ryde is £262,666 using HM Land Registry data.

The average property price increased by £64,015 (29.72%) over the last 5 years and increased by £12,794 (4.8%) over the last 12 months.

Over the last year, there were 290 residential property sales – a decrease of 125 transactions (-43.10%) relative to the previous year. The majority of house sales (65) were in the £232,000 - £288,000 range. Then came properties in the £176,000 - £232,000 range, where 64 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 105 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-12,164 (-3%).

In April 2024, there were 69 new estate agency instructions, 49 agreed home sales and 29 property price reductions.

Neighbouring Areas: Seaview and Nettlestone

Postcodes Covered: PO33, PO34

5-Year Average Property Prices in Ryde

29.72%

Property prices in Ryde increased by 29.72% 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 Ryde Over the Last Year

4.8%

Property prices in Ryde increased by 4.8% 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 Ryde - April 2024

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 Ryde

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 Ryde

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 Ryde

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 Ryde since 1995

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

Recent Property Sales in Ryde

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
24 St Michaels Avenue, Ryde, Isle Of Wight, PO33 3DY£290,000£276,000-£14,00011 Oct 202314 Mar 2024155 Days
Quarr Trees, Quarr Road, Binstead, Ryde, Isle Of Wight, PO33 4EL£599,950£580,000-£19,95009 Aug 202329 Feb 2024204 Days
9 Well Street, Ryde, Isle Of Wight, PO33 2SQ£339,950£339,950£0010 Nov 202321 Feb 2024103 Days
16 Parkway, Ryde, Isle Of Wight, PO33 3RZ£350,000£341,000-£9,00019 May 202314 Feb 2024271 Days
20 Woodhill Close, Ryde, Isle Of Wight, PO33 1EY£280,000£250,000-£30,00025 Jul 202313 Feb 2024203 Days
51 Marlborough Road, Ryde, Isle Of Wight, PO33 1AE£300,000£260,000-£40,00008 Sep 202309 Feb 2024154 Days
6 Maybrick Road, Ryde, Isle Of Wight, PO33 3PY£275,000£255,000-£20,00017 Oct 202308 Feb 2024114 Days
8 Kings Road, Binstead, Ryde, Isle Of Wight, PO33 3RX£330,000£330,000£0016 Sep 202331 Jan 2024137 Days
19 Brigstocke Terrace, Ryde, Isle Of Wight, PO33 2PD£225,000£214,000-£11,00017 May 202324 Jan 2024252 Days
20 The Mall, Binstead, Ryde, Isle Of Wight, PO33 3SF£275,000£257,000-£18,00028 Sep 202319 Jan 2024113 Days
24 Mayfield Road, Ryde, Isle Of Wight, PO33 3PR£485,000£470,000-£15,00022 Sep 202316 Jan 2024116 Days
7 Wood Street, Ryde, Isle Of Wight, PO33 2DH£525,000£455,000-£70,00007 Dec 202212 Jan 2024401 Days
49 Argyll Street, Ryde, Isle Of Wight, PO33 3BY£499,995£480,000-£19,99503 Sep 202311 Jan 2024130 Days
45 Sandcroft Avenue, Ryde, Isle Of Wight, PO33 2TT£210,000£200,000-£10,00029 Aug 202310 Jan 2024134 Days
33 Brigstocke Terrace, Ryde, Isle Of Wight, PO33 2PD£210,000£210,000£0001 Apr 202305 Jan 2024279 Days
Flat 1, Trinity Court, Trinity Street, Ryde, Isle Of Wight, PO33 2AU£145,000£141,500-£3,50020 Jul 202315 Dec 2023148 Days
The Cabin, Nelson Lane, Ryde, Isle Of Wight, PO33 2EJ£210,000£202,000-£8,00014 Jul 202311 Dec 2023150 Days
16 Upton Road, Ryde, Isle Of Wight, PO33 3DX£250,000£245,000-£5,00012 Sep 202308 Dec 202387 Days
6 Verwood Drive, Binstead, Ryde, Isle Of Wight, PO33 3SL£389,500£388,500-£1,00016 Mar 202306 Dec 2023265 Days
19 Daniel Street, Ryde, Isle Of Wight, PO33 2BH£150,000£125,000-£25,00028 Mar 202306 Dec 2023253 Days

Most Expensive Streets in Ryde

PostcodeStreetAreaAverageNo. of Sales
PO33 4ELQuarr RoadRyde£1,034,0805
PO33 3SUPitts LaneRyde£631,6663
PO33 3AASpencer RoadRyde£613,7504
PO33 4ENQuarr CloseBinstead£608,3333
PO33 3AGBuckland GardensRyde£564,4287
PO33 3LJPlaystreet LaneRyde£540,0004
PO33 4EHQuarr HillRyde£511,2504
PO33 3ABWestfield ParkRyde£504,91618
PO33 3FFRyde House DriveRyde£504,25012
PO33 2ANMelville StreetRyde£495,0004

Least Expensive Streets in Ryde

PostcodeStreetAreaAverageNo. of Sales
PO33 2RJHigh StreetRyde£83,0004
PO33 2HXStar StreetRyde£90,6663
PO33 2FLUnion RoadRyde£90,8333
PO33 2AZUnion RoadRyde£97,7005
PO33 2DUUnion StreetRyde£99,5003
PO33 2AACross StreetRyde£107,0004
PO33 1LUEgremontEast Hill Road£109,1119
PO33 2EZNelson StreetRyde£113,0133
PO33 2FRUnion RoadRyde£113,5004
PO33 2HDParkmead CourtPark Road£118,5324

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