Pallance Road - PO31 8LW
Key Postcode Insights
PO31 8LW is a residential postcode situated on Pallance Road, Cowes, PO31 with 33 addresses.
It ranks as the 577th largest and 552nd most expensive of the 688 postcodes in the PO31 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 33 properties: 33 houses.
- Ave. Sale Price
- £398,657
- 10 Year change
- up 36.7%
- Ave. Rental Price
- £1,409pcm
- 10 Year change
- up 54.7%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
PO31 8LW is a residential postcode situated on Pallance Road, Cowes, PO31 with 33 addresses.
It ranks as the 577th largest and 552nd most expensive of the 688 postcodes in the PO31 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 33 properties: 33 houses.
- Ave. Sale Price
- £398,657
- 10 Year change
- up 36.7%
- Ave. Rental Price
- £1,409pcm
- 10 Year change
- up 54.7%
- Ave. £ per ft²
- £329/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertiesin PO31 8LW
- 21 Pallance Road
3 Bed Early-century House
- 23 Pallance Road
Unknown
- 25 Pallance Road
3 Bed Mid-century House
- 27 Pallance Road
3 Bed Mid-century House
- 29 Pallance Road
3 Bed Early-century House
Sales Market Trends
The last sale in PO31 8LW sold for £435,000 on 18th July 2025. Since then prices are down an average of 2.5%.
The current average value in the postcode is £398,657.
The PO31 8LW Sales Market has increased by 36.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -2.9% | £398,657 |
| June 2025 | 0.9% | £410,365 |
| June 2024 | 0.3% | £406,721 |
| June 2023 | 1.5% | £405,403 |
| June 2022 | 12.6% | £399,417 |
| June 2021 | 12.3% | £354,657 |
| June 2020 | 2.3% | £315,865 |
| June 2019 | 1.9% | £308,624 |
| June 2018 | 0.4% | £302,799 |
| June 2017 | 3.5% | £301,630 |
| June 2016 | 3.7% | £291,564 |
| June 2015 | 4.8% | £281,217 |
| June 2014 | 1.5% | £268,340 |
| June 2013 | -3.6% | £264,298 |
| June 2012 | 3.7% | £274,082 |
| June 2011 | -0.7% | £264,243 |
| June 2010 | 9.2% | £266,128 |
| June 2009 | -8% | £243,765 |
| June 2008 | -1.7% | £265,080 |
| June 2007 | 0% | £269,636 |
Rental Market Trends
The current average rental value in the postcode is £1,409.
The PO31 8LW Rental Market has increased by 54.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £1,409pcm |
| June 2025 | 3.4% | £1,367pcm |
| June 2024 | 4.3% | £1,322pcm |
| June 2023 | 7.8% | £1,267pcm |
| June 2022 | 11.1% | £1,175pcm |
| June 2021 | 9.1% | £1,058pcm |
| June 2020 | 0.7% | £970pcm |
| June 2019 | 3.4% | £964pcm |
| June 2018 | 3.2% | £932pcm |
| June 2017 | -0.9% | £903pcm |
| June 2016 | 4% | £911pcm |
| June 2015 | 2.8% | £876pcm |
| June 2014 | 0.5% | £852pcm |
| June 2013 | 1.5% | £848pcm |
| June 2012 | 3.3% | £835pcm |
| June 2011 | 0.6% | £809pcm |
| June 2010 | 5.9% | £804pcm |
| June 2009 | -7.6% | £759pcm |
| June 2008 | 3% | £821pcm |
| June 2007 | 0% | £797pcm |
Sales History
The last sale was on 18th July 2025 for £435,000 and since then the market in the area has decreased by 2.5%. The postcode has had a total of 30 sales since 1995.
PO31 8LW has seen 2 sales in the last three years and no sales in the last twelve months.
- Sold Jul 2025£435,000 | 4 Bed House40, Pallance Road, Cowes, PO31 8LW40, Pallance Road, Cowes, PO31 8LW
- Sold Nov 2024£405,000 | 4 Bed House36, Pallance Road, Cowes, PO31 8LW36, Pallance Road, Cowes, PO31 8LW
- Sold Feb 2022£490,000 | 4 Bed House43, Pallance Road, Cowes, PO31 8LW43, Pallance Road, Cowes, PO31 8LW
- Sold Jan 2020£280,000 | 3 Bed House25, Pallance Road, Cowes, PO31 8LW25, Pallance Road, Cowes, PO31 8LW
- Sold Feb 2019£285,000 | 3 Bed House21, Pallance Road, Cowes, PO31 8LW21, Pallance Road, Cowes, PO31 8LW
Nearby Postcodes
PO31 8LW is the 577th largest and the 552nd most expensive postcode out of the 688 postcodes in the PO31 area.
- PO31 8QL, Chessell Close, Cowes, PO31PO31 8QL14 Addresses|152 m away
- PO31 8QP, Westway, Cowes, PO31PO31 8QP9 Addresses|183 m away
- PO31 8QB, Wyatts Lane, Cowes, PO31PO31 8QB47 Addresses|190 m away
- PO31 8QJ, Chessell Close, Cowes, PO31PO31 8QJ4 Addresses|219 m away
- PO31 8LP, Pallance Road, Cowes, PO31PO31 8LP32 Addresses|227 m away
Property Types
- 1 period house built between 1800 and 1911
- 11 modern houses built after 1980
- 8 mid-century houses built between 1936 and 1979
- 4 early-century houses built between 1912 and 1935
- 9 other addresses of unknown type
- period house (1)
- modern house (11)
- mid-century house (8)
- early-century house (4)
- Unknown (9)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 24 properties.
- The most common rating is D.
- A (1)
- E (1)
- B (7)
- F (1)
- C (4)
- G (0)
- D (10)
- No EPC (9)
Top 3 Most Expensive Sales
- Sold Mar 2016£740,000 | 5 Bed House52, Pallance Road, Cowes, PO31 8LW52, Pallance Road, Cowes, PO31 8LW
- Sold Jan 2016£545,000 | 4 Bed House84, Pallance Road, Cowes, PO31 8LP84, Pallance Road, Cowes, PO31 8LP
- Sold Sep 2022£500,000 | 4 Bed House82, Pallance Road, Cowes, PO31 8LP82, Pallance Road, Cowes, PO31 8LP
Schools Nearby
- Northwood Primary School700 m away
- Lanesend Primary School1.4 km away
- Gurnard Primary School2.0 km away
- Cowes Enterprise College, An Ormiston Academy2.3 km away
- Medina College4.3 km away
- Carisbrooke College5.2 km away
More reading links
Public Transport Nearby
The closest station to PO31 8LW is Ryde Pier Head station, which is 11.0 kilometres away.
- Ryde Pier Head|11.0 km away
- Ryde Esplanade|11.1 km away
- Ryde Hoverport|11.2 km away
- Ryde St Johns Road|11.5 km away
