PO31 7EX is a residential postcode situated on Mill Hill Road, Cowes, PO31 with 9 addresses.
It ranks as the 144th largest and 23rd most expensive of the 444 postcodes in the PO31 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 flats.
PO31 7EX is a residential postcode situated on Mill Hill Road, Cowes, PO31 with 9 addresses.
It ranks as the 144th largest and 23rd most expensive of the 444 postcodes in the PO31 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 9 properties: 9 flats.
Sale prices range from £145,805 for 2 bedroom leasehold flats with a balcony (559 ft2) to £158,844 for 2 bedroom leasehold flats with a balcony (678 ft2) .
Monthly rental prices range from £935 pcm for 2 bed flats to £965 pcm for 2 bed flats.
The gross rental yield is between 7.3% and 7.7%.
The average value per square foot is £250.
The last sale in PO31 7EX sold for £150,000 on 5th September 2025. Since then prices are down an average of 0.2%.
The current average value in the postcode is £151,176.
The PO31 7EX Sales Market has increased by 21.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £151,176 |
| April 2025 | 1.4% | £154,959 |
| April 2024 | 0.3% | £152,865 |
| April 2023 | 1.3% | £152,442 |
| April 2022 | 11% | £150,502 |
| April 2021 | 6.4% | £135,588 |
| April 2020 | 2.4% | £127,392 |
| April 2019 | -0.4% | £124,355 |
| April 2018 | -1.8% | £124,833 |
| April 2017 | 2% | £127,064 |
| April 2016 | 1.6% | £124,599 |
| April 2015 | 4.2% | £122,616 |
| April 2014 | 0.6% | £117,701 |
| April 2013 | -3.3% | £116,970 |
| April 2012 | 5.8% | £120,957 |
| April 2011 | -2.9% | £114,321 |
| April 2010 | 4.3% | £117,701 |
| April 2009 | -8.7% | £112,888 |
| April 2008 | 2.3% | £123,632 |
| April 2007 | 0% | £120,802 |
The current average rental value in the postcode is £948.
The PO31 7EX Rental Market has increased by 29.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £948pcm |
| April 2025 | 1.6% | £925pcm |
| April 2024 | 5.5% | £910pcm |
| April 2023 | 6.4% | £863pcm |
| April 2022 | 7.6% | £811pcm |
| April 2021 | 4% | £754pcm |
| April 2020 | 0.1% | £725pcm |
| April 2019 | 2% | £724pcm |
| April 2018 | 0.7% | £710pcm |
| April 2017 | -3.6% | £705pcm |
| April 2016 | 3.7% | £732pcm |
| April 2015 | 2.9% | £706pcm |
| April 2014 | -0.1% | £686pcm |
| April 2013 | 1.9% | £687pcm |
| April 2012 | 2% | £674pcm |
| April 2011 | 0.2% | £660pcm |
| April 2010 | -1.3% | £659pcm |
| April 2009 | -6.4% | £667pcm |
| April 2008 | 6.5% | £713pcm |
| April 2007 | 0% | £670pcm |
The last sale was on 5th September 2025 for £150,000 and since then the market in the area has decreased by 0.2%. The postcode has had a total of 15 sales since 1995.
PO31 7EX has seen 5 sales in the last three years and 1 sale in the last twelve months.
PO31 7EX is the 144th largest and the 23rd most expensive postcode out of the 444 postcodes in the PO31 area.
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The closest station to PO31 7EX is Ryde Pier Head station which is 9.9 kilometres away.
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