Market Hill - PO31 7RW
Key Postcode Insights
PO31 7RW is a residential postcode situated on Market Hill, Cowes, PO31 with 5 addresses.
It ranks as the 118th largest and 272nd most expensive of the 688 postcodes in the PO31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £245,396
- 10 Year change
- up 38.8%
- Ave. Rental Price
- £974pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £428/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
PO31 7RW is a residential postcode situated on Market Hill, Cowes, PO31 with 5 addresses.
It ranks as the 118th largest and 272nd most expensive of the 688 postcodes in the PO31 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 5 houses.
- Ave. Sale Price
- £245,396
- 10 Year change
- up 38.8%
- Ave. Rental Price
- £974pcm
- 10 Year change
- up 56.9%
- Ave. £ per ft²
- £428/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin PO31 7RW
- 1 Ward Cottages Market Hill
2 Bed Period House
- 2 Ward Cottages Market Hill
2 Bed Period House
- 3 Ward Cottages Market Hill
2 Bed Period House
- 4 Ward Cottages Market Hill
2 Bed Period House
- 5 Ward Cottages Market Hill
2 Bed Period House
Sales Market Trends
The last sale in PO31 7RW sold for £220,000 on 7th January 2022. Since then prices are up an average of 6.3%.
The current average value in the postcode is £245,396.
The PO31 7RW Sales Market has increased by 38.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -1.1% | £245,396 |
| June 2025 | 0.8% | £248,213 |
| June 2024 | 0.3% | £246,355 |
| June 2023 | 1.6% | £245,536 |
| June 2022 | 13.8% | £241,643 |
| June 2021 | 12% | £212,259 |
| June 2020 | 1.7% | £189,453 |
| June 2019 | 0.9% | £186,348 |
| June 2018 | 1.2% | £184,697 |
| June 2017 | 3.3% | £182,584 |
| June 2016 | 4.8% | £176,824 |
| June 2015 | 5% | £168,717 |
| June 2014 | 2.4% | £160,738 |
| June 2013 | -3.2% | £156,935 |
| June 2012 | 3.5% | £162,183 |
| June 2011 | -1.8% | £156,722 |
| June 2010 | 7.9% | £159,514 |
| June 2009 | -9.4% | £147,851 |
| June 2008 | -2% | £163,168 |
| June 2007 | 0% | £166,415 |
Rental Market Trends
The current average rental value in the postcode is £974.
The PO31 7RW Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.9% | £974pcm |
| June 2025 | 3.3% | £929pcm |
| June 2024 | 4.2% | £899pcm |
| June 2023 | 7.8% | £863pcm |
| June 2022 | 12.5% | £801pcm |
| June 2021 | 8.3% | £712pcm |
| June 2020 | 0.1% | £657pcm |
| June 2019 | 2.5% | £656pcm |
| June 2018 | 4.1% | £640pcm |
| June 2017 | -0.9% | £615pcm |
| June 2016 | 5.1% | £621pcm |
| June 2015 | 2.8% | £591pcm |
| June 2014 | 1.6% | £575pcm |
| June 2013 | 2% | £566pcm |
| June 2012 | 2.9% | £555pcm |
| June 2011 | -0.5% | £539pcm |
| June 2010 | 4.5% | £542pcm |
| June 2009 | -9% | £518pcm |
| June 2008 | 2.8% | £570pcm |
| June 2007 | 0% | £555pcm |
Sales History
The last sale was on 7th January 2022 for £220,000 and since then the market in the area has increased by 6.3%. The postcode has had a total of 7 sales since 1995.
PO31 7RW has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jan 2022£220,000 | 2 Bed House5 Ward Cottages, Market Hill, Cowes, PO31 7RW5 Ward Cottages, Market Hill, Cowes, PO31 7RW
- Sold Feb 2010£200,000 | 2 Bed House5 Ward Cottages, Market Hill, Cowes, PO31 7RW5 Ward Cottages, Market Hill, Cowes, PO31 7RW
- Sold Jul 2008£100,000 | 2 Bed House1 Ward Cottages, Market Hill, Cowes, PO31 7RW1 Ward Cottages, Market Hill, Cowes, PO31 7RW
- Sold Jul 2008£100,000 | 2 Bed House2 Ward Cottages, Market Hill, Cowes, PO31 7RW2 Ward Cottages, Market Hill, Cowes, PO31 7RW
- Sold Jul 2008£100,000 | 2 Bed House3 Ward Cottages, Market Hill, Cowes, PO31 7RW3 Ward Cottages, Market Hill, Cowes, PO31 7RW
Nearby Postcodes
PO31 7RW is the 118th largest and the 272nd most expensive postcode out of the 688 postcodes in the PO31 area.
- PO31 7RN, Market Hill, Cowes, PO31PO31 7RN7 Addresses|21 m away
- PO31 7TT, Market Hill, Cowes, PO31PO31 7TT6 Addresses|23 m away
- PO31 7RP, Market Hill, Cowes, PO31PO31 7RP8 Addresses|40 m away
- PO31 7QX, Castle Road, Cowes, PO31PO31 7QX5 Addresses|41 m away
- PO31 7RL, High Street, Cowes, PO31PO31 7RL4 Addresses|42 m away
Property Types
- 5 period houses built between 1800 and 1911
- period house (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (3)
- No EPC (0)
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 School1.5 km away
- Cowes Enterprise College, An Ormiston Academy500 m away
- Medina College5.9 km away
- Carisbrooke College7.6 km away
More reading links
Public Transport Nearby
The closest station to PO31 7RW is Ryde Pier Head station, which is 10.2 kilometres away.
- Ryde Pier Head|10.2 km away
- Ryde Esplanade|10.4 km away
- Ryde Hoverport|10.5 km away
- Ryde St Johns Road|11.0 km away
