PO31 8EF is a residential postcode situated on Gurnard Heights, Cowes, PO31 with 23 addresses.
It ranks as the 333rd largest and 366th most expensive of the 444 postcodes in the PO31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 23 properties: 23 houses.
PO31 8EF is a residential postcode situated on Gurnard Heights, Cowes, PO31 with 23 addresses.
It ranks as the 333rd largest and 366th most expensive of the 444 postcodes in the PO31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 23 properties: 23 houses.
Sale prices range from £387,195 for 3 bedroom freehold houses with a garden (667 ft2) to £878,042 for 4 bedroom freehold houses with a garden (1,786 ft2) .
Monthly rental prices range from £1,554 pcm for 3 bed houses to £2,889 pcm for 4 bed houses.
The gross rental yield is between 3.9% and 4.8%.
The average value per square foot is £491.
The last sale in PO31 8EF sold for £400,000 on 18th July 2024. Since then prices are down an average of 1.9%.
The current average value in the postcode is £528,769.
The PO31 8EF Sales Market has increased by 43.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2% | £528,769 |
| April 2025 | 2.4% | £539,547 |
| April 2024 | 0.2% | £526,996 |
| April 2023 | 1.8% | £526,146 |
| April 2022 | 14.9% | £516,910 |
| April 2021 | 11.1% | £449,764 |
| April 2020 | 3.4% | £404,704 |
| April 2019 | 0.2% | £391,232 |
| April 2018 | 0.3% | £390,358 |
| April 2017 | 5.2% | £389,087 |
| April 2016 | 1.8% | £369,817 |
| April 2015 | 4.6% | £363,445 |
| April 2014 | 0.1% | £347,473 |
| April 2013 | 0.2% | £347,000 |
| April 2012 | 6.9% | £346,182 |
| April 2011 | -0.9% | £323,893 |
| April 2010 | 5.2% | £326,756 |
| April 2009 | -9% | £310,574 |
| April 2008 | 1.6% | £341,460 |
| April 2007 | 0% | £336,094 |
The current average rental value in the postcode is £1,898.
The PO31 8EF Rental Market has increased by 52.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 2.9% | £1,898pcm |
| April 2025 | 2.7% | £1,844pcm |
| April 2024 | 5.3% | £1,795pcm |
| April 2023 | 7% | £1,704pcm |
| April 2022 | 11.2% | £1,593pcm |
| April 2021 | 8.7% | £1,433pcm |
| April 2020 | 1% | £1,318pcm |
| April 2019 | 2.5% | £1,305pcm |
| April 2018 | 3% | £1,273pcm |
| April 2017 | -0.7% | £1,236pcm |
| April 2016 | 3.8% | £1,244pcm |
| April 2015 | 3.5% | £1,198pcm |
| April 2014 | -0.7% | £1,158pcm |
| April 2013 | 5.6% | £1,166pcm |
| April 2012 | 2.9% | £1,104pcm |
| April 2011 | 2.4% | £1,073pcm |
| April 2010 | -0.4% | £1,048pcm |
| April 2009 | -6.8% | £1,052pcm |
| April 2008 | 5.5% | £1,129pcm |
| April 2007 | 0% | £1,070pcm |
The last sale was on 18th July 2024 for £400,000 and since then the market in the area has decreased by 1.9%. The postcode has had a total of 27 sales since 1995.
PO31 8EF has seen 2 sales in the last three years and no sales in the last twelve months.
PO31 8EF is the 333rd largest and the 366th most expensive postcode out of the 444 postcodes in the PO31 area.
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The closest station to PO31 8EF is Ryde Pier Head station which is 11.6 kilometres away.
The recent census recorded whether a resident owned or rented their home.
In the area around PO31 8EF, 65.3% of property is privately owned outright and 26.3% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PO31 8EF, 16.0% of residents are recorded as possessing school level qualifications and 43.6% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PO31 8EF, the average age was 45.9 and the most common age was 52.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PO31 8EF, 1.1% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PO31 8EF, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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