PO31 7TU is a residential postcode situated on Terminus Road, Cowes, PO31 with 13 addresses.
It ranks as the 218th largest and 143rd most expensive of the 444 postcodes in the PO31 area.
The postcode contains a total of 13 properties: 13 flats.
PO31 7TU is a residential postcode situated on Terminus Road, Cowes, PO31 with 13 addresses.
It ranks as the 218th largest and 143rd most expensive of the 444 postcodes in the PO31 area.
The postcode contains a total of 13 properties: 13 flats.
Sale prices range from £222,560 for 2 bedroom leasehold flats (527 ft2) to £273,383 for 2 bedroom leasehold flats (780 ft2) .
Monthly rental prices range from £1,037 pcm for 2 bed flats to £1,131 pcm for 2 bed flats.
The gross rental yield is between 5.0% and 5.6%.
The average value per square foot is £371.
The last sale in PO31 7TU sold for £274,500 on 19th January 2024. Since then prices are up an average of 0.9%.
The current average value in the postcode is £249,095.
The PO31 7TU Sales Market has increased by 25.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £249,095 |
| April 2025 | 0.9% | £255,233 |
| April 2024 | 1.4% | £252,890 |
| April 2023 | 1% | £249,516 |
| April 2022 | 11.9% | £247,006 |
| April 2021 | 7.2% | £220,834 |
| April 2020 | 3.6% | £206,034 |
| April 2019 | -0.7% | £198,794 |
| April 2018 | -1.8% | £200,173 |
| April 2017 | 2.9% | £203,853 |
| April 2016 | 0.5% | £198,078 |
| April 2015 | 3.7% | £197,112 |
| April 2014 | 0.6% | £190,091 |
| April 2013 | -3.2% | £188,962 |
| April 2012 | 5.3% | £195,289 |
| April 2011 | -3.8% | £185,462 |
| April 2010 | 4.9% | £192,821 |
| April 2009 | -9.7% | £183,766 |
| April 2008 | 1.3% | £203,576 |
| April 2007 | 0% | £200,918 |
The current average rental value in the postcode is £1,091.
The PO31 7TU Rental Market has increased by 33.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.4% | £1,091pcm |
| April 2025 | 1.3% | £1,065pcm |
| April 2024 | 6.4% | £1,052pcm |
| April 2023 | 6.2% | £989pcm |
| April 2022 | 8% | £931pcm |
| April 2021 | 4.8% | £862pcm |
| April 2020 | 1.2% | £822pcm |
| April 2019 | 1.7% | £813pcm |
| April 2018 | 1% | £800pcm |
| April 2017 | -3% | £792pcm |
| April 2016 | 2.6% | £816pcm |
| April 2015 | 2.6% | £795pcm |
| April 2014 | -0.1% | £775pcm |
| April 2013 | 2% | £776pcm |
| April 2012 | 1% | £761pcm |
| April 2011 | -0.5% | £753pcm |
| April 2010 | -0.7% | £757pcm |
| April 2009 | -7.7% | £762pcm |
| April 2008 | 5.2% | £826pcm |
| April 2007 | 0% | £785pcm |
The last sale was on 19th January 2024 for £274,500 and since then the market in the area has increased by 0.9%. The postcode has had a total of 20 sales since 1995.
PO31 7TU has seen 1 sale in the last three years and no sales in the last twelve months.
PO31 7TU is the 218th largest and the 143rd most expensive postcode out of the 444 postcodes in the PO31 area.
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The closest station to PO31 7TU is Ryde Pier Head station which is 10.1 kilometres away.
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