Market Hill - PO31 7TR
Key Postcode Insights
PO31 7TR is a residential postcode situated on Market Hill, Cowes, PO31 with 14 addresses.
It ranks as the 351st largest and 605th 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 14 properties: 14 houses.
- Ave. Sale Price
- £490,619
- 10 Year change
- up 36.7%
- Ave. Rental Price
- £1,724pcm
- 10 Year change
- up 54.5%
- Ave. £ per ft²
- £341/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
PO31 7TR is a residential postcode situated on Market Hill, Cowes, PO31 with 14 addresses.
It ranks as the 351st largest and 605th 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 14 properties: 14 houses.
- Ave. Sale Price
- £490,619
- 10 Year change
- up 36.7%
- Ave. Rental Price
- £1,724pcm
- 10 Year change
- up 54.5%
- Ave. £ per ft²
- £341/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertiesin PO31 7TR
- Claremont Cottage
5 Bed Period House
- Claremont House
5 Bed Period House
- Jersey Cottage
4 Bed Period House
- Regent House
3 Bed Period House
Sales Market Trends
The last sale in PO31 7TR sold for £650,000 on 25th October 2024. Since then prices are down an average of 3.1%.
The current average value in the postcode is £490,619.
The PO31 7TR Sales Market has increased by 36.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3% | £490,619 |
| June 2025 | 0.9% | £505,853 |
| June 2024 | 0.5% | £501,580 |
| June 2023 | 1.6% | £499,084 |
| June 2022 | 12.3% | £491,191 |
| June 2021 | 12.9% | £437,270 |
| June 2020 | 2.2% | £387,374 |
| June 2019 | 1.9% | £378,906 |
| June 2018 | 0.2% | £371,889 |
| June 2017 | 3.4% | £371,225 |
| June 2016 | 3.5% | £358,989 |
| June 2015 | 5% | £346,868 |
| June 2014 | 1.2% | £330,386 |
| June 2013 | -3.8% | £326,431 |
| June 2012 | 3.9% | £339,338 |
| June 2011 | -0.5% | £326,524 |
| June 2010 | 9.5% | £328,131 |
| June 2009 | -7.6% | £299,618 |
| June 2008 | -1.8% | £324,259 |
| June 2007 | 0% | £330,120 |
Rental Market Trends
The current average rental value in the postcode is £1,724.
The PO31 7TR Rental Market has increased by 54.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,724pcm |
| June 2025 | 3.4% | £1,676pcm |
| June 2024 | 4.3% | £1,620pcm |
| June 2023 | 7.8% | £1,553pcm |
| June 2022 | 11% | £1,441pcm |
| June 2021 | 9.2% | £1,298pcm |
| June 2020 | 0.7% | £1,190pcm |
| June 2019 | 3.5% | £1,181pcm |
| June 2018 | 3.1% | £1,142pcm |
| June 2017 | -0.8% | £1,107pcm |
| June 2016 | 3.8% | £1,116pcm |
| June 2015 | 2.8% | £1,076pcm |
| June 2014 | 0.4% | £1,046pcm |
| June 2013 | 1.4% | £1,043pcm |
| June 2012 | 3.4% | £1,028pcm |
| June 2011 | 0.8% | £994pcm |
| June 2010 | 6.1% | £987pcm |
| June 2009 | -7.3% | £930pcm |
| June 2008 | 3% | £1,003pcm |
| June 2007 | 0% | £974pcm |
Sales History
The last sale was on 25th October 2024 for £650,000 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 22 sales since 1995.
PO31 7TR has seen 3 sales in the last three years and no sales in the last twelve months.
- Sold Oct 2024£650,000 | 4 Bed House17, Market Hill, Cowes, PO31 7TR17, Market Hill, Cowes, PO31 7TR
- Sold Jul 2024£360,000 | 3 Bed HouseRegent House, Market Hill, Cowes, PO31 7TRRegent House, 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
- Sold Aug 2020£350,000 | 4 Bed HouseJersey Cottage, Market Hill, Cowes, PO31 7TRJersey Cottage, Market Hill, Cowes, PO31 7TR
- Sold Sep 2019£685,000 | 5 Bed House15, Market Hill, Cowes, PO31 7TR15, Market Hill, Cowes, PO31 7TR
Nearby Postcodes
PO31 7TR is the 351st largest and the 605th most expensive postcode out of the 688 postcodes in the PO31 area.
- PO31 7QY, Castle Road, Cowes, PO31PO31 7QY15 Addresses|50 m away
- PO31 7TP, Union Road, Cowes, PO31PO31 7TP15 Addresses|59 m away
- PO31 7HY, Sun Hill, Cowes, PO31PO31 7HY42 Addresses|69 m away
- PO31 7JA, Sun Hill, Cowes, PO31PO31 7JA5 Addresses|82 m away
- PO31 7RP, Market Hill, Cowes, PO31PO31 7RP8 Addresses|91 m away
Property Types
- 9 period houses built between 1800 and 1911
- 2 houses of an unknown age
- 3 other addresses of unknown type
- period house (9)
- house (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (2)
- B (1)
- F (0)
- C (2)
- G (0)
- D (4)
- No EPC (5)
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 School1.2 km away
- Gurnard Primary School1.3 km away
- Holy Cross Catholic Primary School1.5 km away
- Cowes Enterprise College, An Ormiston Academy400 m away
- Medina College5.9 km away
- Carisbrooke College7.5 km away
More reading links
Public Transport Nearby
The closest station to PO31 7TR 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
