PO31 7NU is a residential postcode situated on Birmingham Road, Cowes, PO31 with 11 addresses.
It ranks as the 190th largest and 303rd most expensive of the 444 postcodes in the PO31 area.
The postcode contains a total of 11 properties: 4 houses and 7 flats.
PO31 7NU is a residential postcode situated on Birmingham Road, Cowes, PO31 with 11 addresses.
It ranks as the 190th largest and 303rd most expensive of the 444 postcodes in the PO31 area.
The postcode contains a total of 11 properties: 4 houses and 7 flats.
Sale prices range from £269,813 for 2 bedroom leasehold flats (592 ft2) to £722,987 for 4 bedroom freehold houses with a garden (1,636 ft2) .
Monthly rental prices range from £1,221 pcm for 2 bed flats to £2,379 pcm for 4 bed houses.
The gross rental yield is between 3.9% and 5.4%.
The average value per square foot is £402.
The last sale in PO31 7NU sold for £600,000 on 4th July 2024. Since then prices are down an average of 2.7%.
The current average value in the postcode is £446,006.
The PO31 7NU Sales Market has increased by 36.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -1.5% | £446,006 |
| April 2025 | 1.9% | £452,650 |
| April 2024 | 0.4% | £444,137 |
| April 2023 | 1.9% | £442,302 |
| April 2022 | 13.5% | £434,187 |
| April 2021 | 8.9% | £382,392 |
| April 2020 | 3.3% | £351,002 |
| April 2019 | -0.2% | £339,721 |
| April 2018 | -0.2% | £340,338 |
| April 2017 | 4% | £340,854 |
| April 2016 | 1.6% | £327,795 |
| April 2015 | 4.4% | £322,770 |
| April 2014 | 1% | £309,033 |
| April 2013 | -2.2% | £305,907 |
| April 2012 | 5% | £312,817 |
| April 2011 | -2.6% | £297,810 |
| April 2010 | 5.5% | £305,638 |
| April 2009 | -10.2% | £289,688 |
| April 2008 | 0.9% | £322,504 |
| April 2007 | 0% | £319,681 |
The current average rental value in the postcode is £1,689.
The PO31 7NU Rental Market has increased by 45.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £1,689pcm |
| April 2025 | 2.2% | £1,632pcm |
| April 2024 | 5.6% | £1,596pcm |
| April 2023 | 7% | £1,512pcm |
| April 2022 | 10.1% | £1,413pcm |
| April 2021 | 6.5% | £1,283pcm |
| April 2020 | 1% | £1,205pcm |
| April 2019 | 2.2% | £1,194pcm |
| April 2018 | 2.4% | £1,169pcm |
| April 2017 | -1.7% | £1,142pcm |
| April 2016 | 3.6% | £1,162pcm |
| April 2015 | 3.2% | £1,121pcm |
| April 2014 | 0.3% | £1,087pcm |
| April 2013 | 3.1% | £1,084pcm |
| April 2012 | 1.3% | £1,052pcm |
| April 2011 | 0.5% | £1,038pcm |
| April 2010 | -0.1% | £1,033pcm |
| April 2009 | -8% | £1,034pcm |
| April 2008 | 5% | £1,123pcm |
| April 2007 | 0% | £1,070pcm |
The last sale was on 4th July 2024 for £600,000 and since then the market in the area has decreased by 2.7%. The postcode has had a total of 14 sales since 1995.
PO31 7NU has seen 1 sale in the last three years and no sales in the last twelve months.
PO31 7NU is the 190th largest and the 303rd most expensive postcode out of the 444 postcodes in the PO31 area.
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The closest station to PO31 7NU is Ryde Pier Head station which is 9.8 kilometres away.
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