PO31 7XF is a residential postcode situated on Medina Road, Cowes, PO31 with 48 addresses.
It ranks as the 418th largest and 299th most expensive of the 444 postcodes in the PO31 area.
The postcode contains a total of 48 properties: 48 flats.
PO31 7XF is a residential postcode situated on Medina Road, Cowes, PO31 with 48 addresses.
It ranks as the 418th largest and 299th most expensive of the 444 postcodes in the PO31 area.
The postcode contains a total of 48 properties: 48 flats.
Sale prices range from £265,882 for 2 bedroom leasehold flats with a balcony (505 ft2) to £482,477 for 3 bedroom leasehold flats with a balcony (1,410 ft2) .
Monthly rental prices range from £1,250 pcm for 2 bed flats to £1,922 pcm for 3 bed flats.
The gross rental yield is between 4.8% and 5.6%.
The average value per square foot is £415.
The last sale in PO31 7XF sold for £395,000 on 8th January 2025. Since then prices are down an average of 3.2%.
The current average value in the postcode is £365,214.
The PO31 7XF Sales Market has increased by 21.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2.4% | £365,214 |
| April 2025 | 1.4% | £374,325 |
| April 2024 | 0.2% | £369,279 |
| April 2023 | 1.3% | £368,363 |
| April 2022 | 11% | £363,564 |
| April 2021 | 6.4% | £327,510 |
| April 2020 | 2.4% | £307,696 |
| April 2019 | -0.4% | £300,379 |
| April 2018 | -1.8% | £301,584 |
| April 2017 | 1.9% | £306,994 |
| April 2016 | 1.7% | £301,138 |
| April 2015 | 4.2% | £296,057 |
| April 2014 | 0.5% | £284,051 |
| April 2013 | -3% | £282,531 |
| April 2012 | 5.7% | £291,383 |
| April 2011 | -2.6% | £275,726 |
| April 2010 | 4% | £283,164 |
| April 2009 | -8.6% | £272,184 |
| April 2008 | 2.3% | £297,657 |
| April 2007 | 0% | £290,842 |
The current average rental value in the postcode is £1,500.
The PO31 7XF Rental Market has increased by 29.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.5% | £1,500pcm |
| April 2025 | 1.6% | £1,464pcm |
| April 2024 | 5.4% | £1,440pcm |
| April 2023 | 6.4% | £1,366pcm |
| April 2022 | 7.6% | £1,284pcm |
| April 2021 | 4% | £1,193pcm |
| April 2020 | 0.1% | £1,146pcm |
| April 2019 | 1.9% | £1,145pcm |
| April 2018 | 0.7% | £1,124pcm |
| April 2017 | -3.6% | £1,116pcm |
| April 2016 | 3.8% | £1,158pcm |
| April 2015 | 3% | £1,116pcm |
| April 2014 | -0.2% | £1,084pcm |
| April 2013 | 2.2% | £1,086pcm |
| April 2012 | 1.9% | £1,063pcm |
| April 2011 | 0.4% | £1,043pcm |
| April 2010 | -1.5% | £1,038pcm |
| April 2009 | -6.3% | £1,054pcm |
| April 2008 | 6.5% | £1,125pcm |
| April 2007 | 0% | £1,056pcm |
The last sale was on 8th January 2025 for £395,000 and since then the market in the area has decreased by 3.2%. The postcode has had a total of 92 sales since 1995.
PO31 7XF has seen 5 sales in the last three years and no sales in the last twelve months.
PO31 7XF is the 418th largest and the 299th most expensive postcode out of the 444 postcodes in the PO31 area.
Be the first Estate
Agent here!
The closest station to PO31 7XF is Ryde Pier Head station which is 9.7 kilometres away.
Be the first Estate
Agent here!