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Seaview and Nettlestone House Prices Seaview and Nettlestone House Prices

The average house price in Seaview and Nettlestone is £306,666 using HM Land Registry data.

The average property price increased by £264,732 (84.01%) over the last 5 years and increased by £52,910 (10.04%) over the last 12 months.

Over the last year, there were 36 residential property sales – a decrease of 26 transactions (-72.22%) relative to the previous year. The majority of house sales (9) were in the £306,000 - £452,000 range. Then came properties in the £598,000 - £744,000 range, where 7 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 43 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-14,500 (-3%).

In April 2024, there were 13 new estate agency instructions, 4 agreed home sales and 3 property price reductions.

Neighbouring Areas: Ryde

Postcodes Covered: PO34

5-Year Average Property Prices in Seaview and Nettlestone

84.01%

Property prices in Seaview and Nettlestone increased by 84.01% 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 Seaview and Nettlestone Over the Last Year

10.04%

Property prices in Seaview and Nettlestone increased by 10.04% 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 Seaview and Nettlestone - 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 41 to 60 days, the broad evidence suggests that the market is reasonably slow moving. Although some sellers in your postcode may be willing to wait up to 9 weeks, this data would suggest that estate agents may be overvaluing properties. In such scenarios, some vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date).Others simply reduce the price to a level that will entice more buyer 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 Seaview and Nettlestone

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 Seaview and Nettlestone

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 Seaview and Nettlestone

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 Seaview and Nettlestone since 1995

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

Recent Property Sales in Seaview and Nettlestone

AddressInitial PriceSold PricePrice ChangeFirst Listed DateSold DateDays to Sell
22 High Salterns, Seaview, Isle Of Wight, PO34 5AS£250,000£235,000-£15,00029 Sep 202311 Dec 202373 Days
11 Caws Avenue, Nettlestone, Seaview, Isle Of Wight, PO34 5JS£450,000£440,000-£10,00028 Feb 202306 Dec 2023281 Days
43 Solent View Road, Seaview, Isle Of Wight, PO34 5HJ£719,000£707,000-£12,00020 Jul 202330 Nov 2023133 Days
2 Ansells, Seaview, Isle Of Wight, PO34 5JL£650,000£647,000-£3,00016 Mar 202309 Nov 2023238 Days
Tamarisk, Seagrove Manor Road, Seaview, Isle Of Wight, PO34 5HW£645,000£585,000-£60,00010 Jan 202327 Oct 2023290 Days
Mariners, Duver Road, Springvale, Seaview, Isle Of Wight, PO34 5AJ£1,350,000£1,345,000-£5,00031 Jul 202320 Oct 202381 Days
43 Glynn Close, Seaview, Isle Of Wight, PO34 5JZ£395,000£378,000-£17,00021 Apr 202311 Oct 2023173 Days
19 Orchard Road, Seaview, Isle Of Wight, PO34 5JE£375,000£345,000-£30,00022 May 202302 Oct 2023133 Days
9 Solent View Road, Seaview, Isle Of Wight, PO34 5HY£730,000£728,000-£2,00020 Jul 202318 Sep 202360 Days
Cheragin, Old Seaview Lane, Seaview, Isle Of Wight, PO34 5BD£720,000£675,000-£45,00014 Nov 202205 Sep 2023295 Days
Sunnymead, Seagrove Bay, Seaview, Isle Of Wight, PO34 5BW£1,395,000£1,250,000-£145,00015 Feb 202301 Sep 2023198 Days
41 Horestone Drive, Seaview, Isle Of Wight, PO34 5DD£535,000£525,000-£10,00024 Apr 202325 Aug 2023123 Days
4 Willow Tree Drive, Seaview, Isle Of Wight, PO34 5JG£465,000£460,000-£5,00027 Apr 202321 Aug 2023116 Days
1 Ansells, Seaview, Isle Of Wight, PO34 5JL£450,000£422,500-£27,50003 Apr 202327 Jul 2023115 Days
10 High Salterns, Seaview, Isle Of Wight, PO34 5AS£165,000£160,000-£5,00010 May 202321 Jul 202372 Days
Carita, Steyne Road, Seaview, Isle Of Wight, PO34 5EP£745,000£745,000£0020 Mar 202311 Jul 2023113 Days
Horestone House, 25, Horestone Rise, Seaview, Isle Of Wight, PO34 5DB£750,000£737,000-£13,00013 Feb 202312 Jun 2023119 Days
17 Solent View Road, Seaview, Isle Of Wight, PO34 5HY£699,950£680,000-£19,95012 Sep 202208 Jun 2023269 Days
20 Rowantree Drive, Seaview, Isle Of Wight, PO34 5JP£350,000£320,000-£30,00028 Jan 202318 May 2023110 Days
4 Matthews Way, Seaview, Isle Of Wight, PO34 5LB£485,000£475,000-£10,00018 Oct 202218 May 2023212 Days

Most Expensive Streets in Seaview and Nettlestone

PostcodeStreetAreaAverageNo. of Sales
PO34 5HEBluett AvenueSeaview£1,323,3333
PO34 5ANSpringvale RoadSeaview£915,6663
PO34 5HFFairy RoadSeaview£651,1666
PO34 5HYSolent View RoadSeaview£638,9287
PO34 5JSCaws AvenueNettlestone£576,8333
PO34 5ALOakhill RoadSeaview£569,3333
PO34 5DGSeaview LaneSeaview£536,6666
PO34 5HWSeagrove Manor RoadSeaview£515,5005
PO34 5DBHorestone RiseSeaview£512,5568
PO34 5BYGully RoadSeaview£499,0003

Least Expensive Streets in Seaview and Nettlestone

PostcodeStreetAreaAverageNo. of Sales
PO34 5AQDuver RoadSeaview£218,3339
PO34 5ASHigh SalternsSeaview£233,5005
PO34 5BHSteyne RoadSeaview£256,2374
PO34 5EJSandpipersSeaview£262,6663
PO34 5DYNettlestone GreenSeaview£276,6663
PO34 5JFCherrytree RoadSeaview£278,6254
PO34 5JNOrchard RoadSeaview£281,6663
PO34 5DLThe BarnNettlestone Hill£304,1663
PO34 5EBEddington RoadSeaview£309,8333
PO34 5AJTollgate BungalowsSeaview£319,34316

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