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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO31 8LTHouse Prices / South East, Isle of Wight, Pallance Lane
Last updated May 2026
Key Postcode Insights
PO31 8LT is a residential postcode situated on Pallance Lane, Cowes, PO31 with 11 addresses.
It ranks as the 200th largest and 302nd most expensive of the 444 postcodes in the PO31 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 11 properties: 10 houses and 1 flat.
11
Properties
- Houses
- Flats
Key Postcode Insights
PO31 8LT is a residential postcode situated on Pallance Lane, Cowes, PO31 with 11 addresses.
It ranks as the 200th largest and 302nd most expensive of the 444 postcodes in the PO31 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 11 properties: 10 houses and 1 flat.
11
Properties
- Houses
- Flats
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House Pricesin PO31 8LT
Sale prices range from £256,559 for 2 bedroom Leasehold flats (699 ft2) to £630,146 for 5 bedroom freehold houses with a garden (2,174 ft2) .
Monthly rental prices range from £1,104 pcm for 2 bed flats to £2,130 pcm for 5 bed houses.
The gross rental yield is between 3.9% and 5.6%.
The average value per square foot is £342.
Average Sale Value
£398,049
Average Rental Value
£1,524 pcm
Average Rental Yield
4.6% /year
Average Value Per Sqft
£342 /ft2
Sales Market Trendsin PO31 8LT
The last sale in PO31 8LT sold for £562,500 on 4th June 2024. Since then prices are down an average of 1.1%.
The current average value in the postcode is £398,049.
The PO31 8LT Sales Market has increased by 37.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -2% | £398,049 |
| April 2025 | 2.4% | £406,290 |
| April 2024 | -0.3% | £396,791 |
| April 2023 | 2.1% | £398,178 |
| April 2022 | 12.9% | £390,127 |
| April 2021 | 10.1% | £345,438 |
| April 2020 | 3.2% | £313,672 |
| April 2019 | 0.4% | £303,970 |
| April 2018 | 0.8% | £302,861 |
| April 2017 | 3.9% | £300,494 |
| April 2016 | 2% | £289,079 |
| April 2015 | 4.9% | £283,542 |
| April 2014 | 0.6% | £270,402 |
| April 2013 | -0.8% | £268,715 |
| April 2012 | 4.6% | £270,874 |
| April 2011 | -0.9% | £259,065 |
| April 2010 | 4.8% | £261,298 |
| April 2009 | -10% | £249,360 |
| April 2008 | 0.6% | £277,025 |
| April 2007 | 0% | £275,324 |
Rental Market Trendsin PO31 8LT
The current average rental value in the postcode is £1,524.
The PO31 8LT Rental Market has increased by 49.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.2% | £1,524pcm |
| April 2025 | 2.5% | £1,477pcm |
| April 2024 | 5.5% | £1,442pcm |
| April 2023 | 6.9% | £1,367pcm |
| April 2022 | 10.5% | £1,278pcm |
| April 2021 | 7.8% | £1,156pcm |
| April 2020 | 1.1% | £1,073pcm |
| April 2019 | 2.4% | £1,061pcm |
| April 2018 | 2.6% | £1,036pcm |
| April 2017 | -1.2% | £1,010pcm |
| April 2016 | 3.6% | £1,022pcm |
| April 2015 | 3.3% | £987pcm |
| April 2014 | -0.4% | £955pcm |
| April 2013 | 4.5% | £958pcm |
| April 2012 | 2.2% | £917pcm |
| April 2011 | 1.6% | £897pcm |
| April 2010 | -0.3% | £883pcm |
| April 2009 | -7.4% | £886pcm |
| April 2008 | 5.2% | £957pcm |
| April 2007 | 0% | £909pcm |
Properties and Buildingsin PO31 8LT, Pallance Lane, Cowes, PO31
- Cotehill, Pallance Lane, Cowes, PO31 8LT5 bed period house
- Highfield, Pallance Lane, Cowes, PO31 8LT3 bed mid-century house
- Ningwood Villa, Pallance Lane, Cowes, PO31 8LT
- Oak Tree Cottage, Pallance Lane, Cowes, PO31 8LT4 bed modern house
- Olive Cottages, Pallance Lane, Cowes, PO31Building2 units
- Pear Tree Cottage, Pallance Lane, Cowes, PO31 8LT4 bed period house
- Robin Hill, Pallance Lane, Cowes, PO31 8LT3 bed house
- Rose Cottage, Pallance Lane, Cowes, PO31 8LT4 bed period house
- Stone Cottage, Pallance Lane, Cowes, PO31 8LT
- Sunnyside, Pallance Lane, Cowes, PO31 8LT
Sales Historyin PO31 8LT
The last sale was on 4th June 2024 for £562,500 and since then the market in the area has decreased by 1.1%. The postcode has had a total of 13 sales since 1995.
PO31 8LT has seen 2 sales in the last three years and no sales in the last twelve months.
Sold Jun 2024£562,500 | 4 Bed HousePallance LanePear Tree Cottage, Pallance Lane, Cowes, PO31 8LT
Sold Nov 2023£350,000 | 3 Bed HousePallance LaneHighfield, Pallance Lane, Cowes, PO31 8LT
Sold Mar 2021£400,000 | 4 Bed HousePallance LaneRose Cottage, Pallance Lane, Cowes, PO31 8LT
Sold Jan 2010£277,500 | 3 Bed HousePallance LaneHighfield, Pallance Lane, Cowes, PO31 8LT
Sold Jul 2009£250,000 | 3 Bed HousePallance LaneRobin Hill, Pallance Lane, Cowes, PO31 8LT
Sold Jun 2006£279,950 | 3 Bed HousePallance Lane2 Olive Cottages, Pallance Lane, Cowes, PO31 8LT
Sold Aug 2004£250,000 | 4 Bed HousePallance LanePear Tree Cottage, Pallance Lane, Cowes, PO31 8LT
Sold Aug 2004£160,000 | 3 Bed HousePallance LaneSunnyside, Pallance Lane, Cowes, PO31 8LT
Sold Nov 2001£182,500 | 3 Bed HousePallance LaneHighfield, Pallance Lane, Cowes, PO31 8LT
Sold Mar 2000£142,000 | 3 Bed HousePallance LaneRobin Hill, Pallance Lane, Cowes, PO31 8LT
Sold Jul 1997£100,000 | 3 Bed HousePallance LaneRobin Hill, Pallance Lane, Cowes, PO31 8LT
Sold Mar 1997£85,000 | 3 Bed HousePallance Lane2 Olive Cottages, Pallance Lane, Cowes, PO31 8LT
Sold Feb 1995£83,000 | 3 Bed HousePallance Lane2 Olive Cottages, Pallance Lane, Cowes, PO31 8LT
Nearby Postcodesto PO31 8LT
PO31 8LT is the 200th largest and the 302nd most expensive postcode out of the 444 postcodes in the PO31 area.
- 211 mPO31 8LS, Pallance Road, Cowes, PO31PO31 8LS48 Addresses
- 308 mPO31 8LX, Pallance Road, Cowes, PO31PO31 8LX2 Addresses
- 433 mPO31 8LU, Pallance Lane, Cowes, PO31PO31 8LU5 Addresses
- 463 mPO31 8LR, Woodside Close, Cowes, PO31PO31 8LR12 Addresses
- 574 mPO31 8LP, Pallance Road, Cowes, PO31PO31 8LP31 Addresses
- 608 mPO31 8NN, Rew Street, Cowes, PO31PO31 8NN17 Addresses
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Property Typesin PO31 8LT
- 3 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 5 other addresses of unknown type
- period house (3)
- modern house (1)
- mid-century house (1)
- house (1)
- Unknown (5)
Energy Efficiencyof properties in PO31 8LT
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is D.
- A (1)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (3)
- No EPC (6)
Top 3 Most Expensive Saleson Pallance Lane
Schools Nearbyto PO31 8LT
The nearest primary school to PO31 8LT is Northwood Primary School which is 862 metres away.
- 862mNorthwood Primary School
- 2.1kmLanesend Primary School
- 2.5kmGurnard Primary School
The nearest secondary school is Cowes Enterprise College, An Ormiston Academy which is 3.0 kilometres away.
- 3.0kmCowes Enterprise College, An Ormiston Academy
- 4.3kmMedina College
- 4.8kmCarisbrooke College
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Public Transport Nearbyto PO31 8LT
The closest station to PO31 8LT is Ryde Pier Head station which is 11.7 kilometres away.
- 11.7kmRyde Pier Head
- 11.7kmRyde Esplanade
- 11.8kmRyde Hoverport
- 12.0kmRyde St Johns Road
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