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PO31 8LU
Home, House Prices, Pallance Lane, Isle of Wight, South East
PO31 8LU

Pallance Lane - PO31 8LU

Last updated Jul 2026

Key Postcode Insights

PO31 8LU is a residential postcode situated on Pallance Lane, Cowes, PO31 with 5 addresses.

It ranks as the 124th largest and 612th 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 5 properties: 5 houses.

Ave. Sale Price
£478,225
10 Year change
up 36.2%
Ave. Rental Price
£1,602pcm
10 Year change
up 54.2%
Ave. £ per ft²
£264/ft²
Ave. Gross Yield
4.0%/year/yr
All figures are subject to T&Cs
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Explore Propertiesin PO31 8LU

House
3 houses
Group
0 flats

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Sales Market Trends

The current average value in the postcode is £478,225.
The PO31 8LU Sales Market has increased by 36.2% over the last 10 years.

PeriodYear on YearAverage Price
June 2026-3.4%£478,225
June 20250.9%£495,082
June 20240.4%£490,699
June 20231.4%£488,617
June 202212.4%£481,928
June 202112.5%£428,904
June 20202.5%£381,379
June 20192.2%£372,165
June 20180.1%£364,081
June 20173.6%£363,717
June 20163.1%£351,000
June 20154.8%£340,523
June 20141.1%£324,831
June 2013-3.8%£321,161
June 20123.9%£333,725
June 2011-0.3%£321,205
June 20109.6%£322,198
June 2009-7.3%£294,106
June 2008-1.7%£317,096
June 20070%£322,483
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Rental Market Trends

The current average rental value in the postcode is £1,602.
The PO31 8LU Rental Market has increased by 54.2% over the last 10 years.

PeriodYear on YearAverage Price
June 20262.5%£1,602pcm
June 20253.4%£1,562pcm
June 20244.4%£1,510pcm
June 20237.7%£1,447pcm
June 202210.8%£1,343pcm
June 20219.3%£1,212pcm
June 20200.8%£1,109pcm
June 20193.7%£1,101pcm
June 20182.9%£1,062pcm
June 2017-0.7%£1,032pcm
June 20163.4%£1,039pcm
June 20152.8%£1,005pcm
June 20140.1%£977pcm
June 20131.3%£976pcm
June 20123.5%£963pcm
June 20111%£931pcm
June 20106.3%£922pcm
June 2009-6.8%£867pcm
June 20083%£930pcm
June 20070%£903pcm
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Nearby Postcodes

PO31 8LU is the 124th largest and the 612th most expensive postcode out of the 688 postcodes in the PO31 area.

properties list title title

Property Types

  • 2 period houses built between 1800 and 1911
  • 1 modern house built after 1980
  • 2 other addresses of unknown type
  • period house (2)
  • modern house (1)
  • Unknown (2)
Energy Efficiency

Energy Efficiency

  • Energy Performance Certificate (EPC) surveys conducted for 3 properties.
  • The most common rating is F.
  • A (0)
  • E (0)
  • B (0)
  • F (2)
  • C (0)
  • G (0)
  • D (1)
  • No EPC (2)
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Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to PO31 8LU is Northwood Primary School, which is 600 metres away.
  • Northwood Primary School
    600 m away
  • Lanesend Primary School
    2.2 km away
  • Gurnard Primary School
    2.7 km away
The nearest secondary school is Cowes Enterprise College, An Ormiston Academy, which is 3.1 kilometres away.
  • Cowes Enterprise College, An Ormiston Academy
    3.1 km away
  • Medina College
    4.0 km away
  • Carisbrooke College
    4.5 km away
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to PO31 8LU is Ryde Pier Head station, which is 11.4 kilometres away.

  • Ryde Pier Head
    |
    11.4 km away
  • Ryde Esplanade
    |
    11.5 km away
  • Ryde Hoverport
    |
    11.6 km away
  • Ryde St Johns Road
    |
    11.8 km away
Source: National Rail
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