Market Hill - PO31 7RP
Key Postcode Insights
PO31 7RP is a residential postcode situated on Market Hill, Cowes, PO31 with 8 addresses.
It ranks as the 191st largest and 438th most expensive of the 688 postcodes in the PO31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £309,031
- 10 Year change
- up 38.0%
- Ave. Rental Price
- £1,196pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £394/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
PO31 7RP is a residential postcode situated on Market Hill, Cowes, PO31 with 8 addresses.
It ranks as the 191st largest and 438th most expensive of the 688 postcodes in the PO31 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 8 properties: 8 houses.
- Ave. Sale Price
- £309,031
- 10 Year change
- up 38.0%
- Ave. Rental Price
- £1,196pcm
- 10 Year change
- up 56.0%
- Ave. £ per ft²
- £394/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Propertiesin PO31 7RP
- 11 Crown Court Market Hill
3 Bed Mid-century House
- 12 Crown Court Market Hill
3 Bed Mid-century House
- 13 Crown Court Market Hill
3 Bed Mid-century House
- 14 Crown Court Market Hill
3 Bed Mid-century House
- 15 Crown Court Market Hill
3 Bed House
Sales Market Trends
The last sale in PO31 7RP sold for £312,500 on 18th August 2023. Since then prices are down an average of 1.8%.
The current average value in the postcode is £309,031.
The PO31 7RP Sales Market has increased by 38.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.7% | £309,031 |
| June 2025 | 0.8% | £314,524 |
| June 2024 | 0.3% | £311,987 |
| June 2023 | 1.7% | £310,920 |
| June 2022 | 13.2% | £305,711 |
| June 2021 | 12.4% | £270,091 |
| June 2020 | 1.9% | £240,358 |
| June 2019 | 1.2% | £235,913 |
| June 2018 | 0.8% | £233,082 |
| June 2017 | 3.2% | £231,145 |
| June 2016 | 4.6% | £223,980 |
| June 2015 | 5% | £214,198 |
| June 2014 | 2.1% | £204,094 |
| June 2013 | -3.4% | £199,983 |
| June 2012 | 3.6% | £207,012 |
| June 2011 | -1.4% | £199,842 |
| June 2010 | 8.5% | £202,609 |
| June 2009 | -9% | £186,729 |
| June 2008 | -1.9% | £205,253 |
| June 2007 | 0% | £209,157 |
Rental Market Trends
The current average rental value in the postcode is £1,196.
The PO31 7RP Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.2% | £1,196pcm |
| June 2025 | 3.4% | £1,147pcm |
| June 2024 | 4.2% | £1,110pcm |
| June 2023 | 7.9% | £1,065pcm |
| June 2022 | 11.8% | £988pcm |
| June 2021 | 8.7% | £883pcm |
| June 2020 | 0.3% | £813pcm |
| June 2019 | 2.8% | £810pcm |
| June 2018 | 3.8% | £788pcm |
| June 2017 | -1% | £759pcm |
| June 2016 | 4.8% | £767pcm |
| June 2015 | 2.8% | £731pcm |
| June 2014 | 1.2% | £712pcm |
| June 2013 | 1.9% | £703pcm |
| June 2012 | 3% | £690pcm |
| June 2011 | -0.1% | £670pcm |
| June 2010 | 5.1% | £671pcm |
| June 2009 | -8.7% | £638pcm |
| June 2008 | 2.9% | £699pcm |
| June 2007 | 0% | £680pcm |
Sales History
The last sale was on 18th August 2023 for £312,500 and since then the market in the area has decreased by 1.8%. The postcode has had a total of 14 sales since 1995.
PO31 7RP has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Aug 2023£312,500 | 3 Bed House11 Crown Court, Market Hill, Cowes, PO31 7RP11 Crown Court, Market Hill, Cowes, PO31 7RP
- Sold Nov 2022£310,000 | 3 Bed House16 Crown Court, Market Hill, Cowes, PO31 7RP16 Crown Court, Market Hill, Cowes, PO31 7RP
- Sold Sep 2016£220,000 | 3 Bed House14 Crown Court, Market Hill, Cowes, PO31 7RP14 Crown Court, Market Hill, Cowes, PO31 7RP
- Sold Dec 2014£265,000 | 3 Bed House18 Crown Court, Market Hill, Cowes, PO31 7RP18 Crown Court, Market Hill, Cowes, PO31 7RP
- Sold Nov 2011£120,000 | 3 Bed House18 Crown Court, Market Hill, Cowes, PO31 7RP18 Crown Court, Market Hill, Cowes, PO31 7RP
Nearby Postcodes
PO31 7RP is the 191st largest and the 438th most expensive postcode out of the 688 postcodes in the PO31 area.
- PO31 7JA, Sun Hill, Cowes, PO31PO31 7JA5 Addresses|28 m away
- PO31 7HZ, Sun Hill, Cowes, PO31PO31 7HZ10 Addresses|30 m away
- PO31 7RR, High Street, Cowes, PO31PO31 7RR12 Addresses|35 m away
- PO31 7TT, Market Hill, Cowes, PO31PO31 7TT6 Addresses|39 m away
- PO31 7RW, Market Hill, Cowes, PO31PO31 7RW5 Addresses|40 m away
Property Types
- 7 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- mid-century house (7)
- house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 7 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (2)
- C (2)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Sales
- Sold Sep 2019£685,000 | 5 Bed House15, Market Hill, Cowes, PO31 7TR15, Market Hill, Cowes, PO31 7TR
- Sold Oct 2024£650,000 | 4 Bed House17, Market Hill, Cowes, PO31 7TR17, Market Hill, Cowes, PO31 7TR
- Sold Dec 2023£505,000 | 4 Bed HouseVine Cottage 12, Market Hill, Cowes, PO31 7TRVine Cottage 12, Market Hill, Cowes, PO31 7TR
Schools Nearby
- Lanesend Primary School1.3 km away
- Gurnard Primary School1.4 km away
- Holy Cross Catholic Primary School1.4 km away
- Cowes Enterprise College, An Ormiston Academy500 m away
- Medina College5.9 km away
- Carisbrooke College7.5 km away
More reading links
Public Transport Nearby
The closest station to PO31 7RP is Ryde Pier Head station, which is 10.1 kilometres away.
- Ryde Pier Head|10.1 km away
- Ryde Esplanade|10.4 km away
- Ryde Hoverport|10.5 km away
- Ryde St Johns Road|10.9 km away
