PO31 7QU is a residential postcode situated on Castle Hill, Cowes, PO31 with 11 addresses.
It ranks as the 192nd largest and 339th most expensive of the 444 postcodes in the PO31 area.
The postcode contains a total of 11 properties: 11 flats.
PO31 7QU is a residential postcode situated on Castle Hill, Cowes, PO31 with 11 addresses.
It ranks as the 192nd largest and 339th most expensive of the 444 postcodes in the PO31 area.
The postcode contains a total of 11 properties: 11 flats.
Sale prices range from £390,624 for 2 bedroom leasehold flats (721 ft2) to £907,573 for 3 bedroom leasehold flats with a garden (2,669 ft2) .
Monthly rental prices range from £1,664 pcm for 2 bed flats to £3,616 pcm for 3 bed flats.
The gross rental yield is between 4.8% and 5.1%.
The average value per square foot is £537.
The last sale in PO31 7QU sold for £360,000 on 24th November 2022. Since then prices are down an average of 2.0%.
The current average value in the postcode is £474,946.
The PO31 7QU Sales Market has increased by 25.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.2% | £474,946 |
| April 2025 | 1.1% | £485,646 |
| April 2024 | 1.3% | £480,196 |
| April 2023 | 1.1% | £474,154 |
| April 2022 | 11.8% | £468,812 |
| April 2021 | 7% | £419,430 |
| April 2020 | 3.2% | £392,169 |
| April 2019 | -0.7% | £380,019 |
| April 2018 | -1.7% | £382,707 |
| April 2017 | 2.9% | £389,468 |
| April 2016 | 1.2% | £378,658 |
| April 2015 | 3.9% | £374,147 |
| April 2014 | 0.5% | £360,206 |
| April 2013 | -3.1% | £358,304 |
| April 2012 | 5.9% | £369,741 |
| April 2011 | -3.2% | £349,113 |
| April 2010 | 4.4% | £360,618 |
| April 2009 | -8.8% | £345,435 |
| April 2008 | 2.2% | £378,967 |
| April 2007 | 0% | £370,919 |
The current average rental value in the postcode is £1,955.
The PO31 7QU Rental Market has increased by 33.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.7% | £1,955pcm |
| April 2025 | 1.5% | £1,905pcm |
| April 2024 | 6.3% | £1,876pcm |
| April 2023 | 6.3% | £1,765pcm |
| April 2022 | 7.9% | £1,660pcm |
| April 2021 | 4.6% | £1,538pcm |
| April 2020 | 0.7% | £1,471pcm |
| April 2019 | 1.7% | £1,460pcm |
| April 2018 | 1% | £1,436pcm |
| April 2017 | -3% | £1,422pcm |
| April 2016 | 3.4% | £1,466pcm |
| April 2015 | 2.8% | £1,418pcm |
| April 2014 | -0.2% | £1,380pcm |
| April 2013 | 2.1% | £1,382pcm |
| April 2012 | 1.6% | £1,353pcm |
| April 2011 | 0.1% | £1,332pcm |
| April 2010 | -1.2% | £1,330pcm |
| April 2009 | -6.7% | £1,347pcm |
| April 2008 | 6% | £1,444pcm |
| April 2007 | 0% | £1,362pcm |
The last sale was on 24th November 2022 for £360,000 and since then the market in the area has decreased by 2.0%. The postcode has had a total of 12 sales since 1995.
PO31 7QU has seen no sales in the last three years and no sales in the last twelve months.
PO31 7QU is the 192nd largest and the 339th most expensive postcode out of the 444 postcodes in the PO31 area.
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The closest station to PO31 7QU is Ryde Pier Head station which is 10.4 kilometres away.
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