Pallance Road - PO31 8LX
Key Postcode Insights
PO31 8LX is a residential postcode situated on Pallance Road, Cowes, PO31 with 2 addresses.
It ranks as the 45th largest and 555th 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 2 properties: 2 houses.
- Ave. Sale Price
- £399,455
- 10 Year change
- up 36.4%
- Ave. Rental Price
- £1,398pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £301/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
PO31 8LX is a residential postcode situated on Pallance Road, Cowes, PO31 with 2 addresses.
It ranks as the 45th largest and 555th 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 2 properties: 2 houses.
- Ave. Sale Price
- £399,455
- 10 Year change
- up 36.4%
- Ave. Rental Price
- £1,398pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £301/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertiesin PO31 8LX
Sales Market Trends
The last sale in PO31 8LX sold for £210,000 on 30th March 2007. Since then prices are up an average of 51.5%.
The current average value in the postcode is £399,455.
The PO31 8LX Sales Market has increased by 36.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.1% | £399,455 |
| June 2025 | 0.9% | £412,116 |
| June 2024 | 0.3% | £408,361 |
| June 2023 | 1.5% | £407,037 |
| June 2022 | 12.4% | £400,867 |
| June 2021 | 12.4% | £356,722 |
| June 2020 | 2.4% | £317,355 |
| June 2019 | 2% | £309,832 |
| June 2018 | 0.3% | £303,635 |
| June 2017 | 3.4% | £302,810 |
| June 2016 | 3.6% | £292,788 |
| June 2015 | 4.8% | £282,588 |
| June 2014 | 1.4% | £269,665 |
| June 2013 | -3.6% | £265,937 |
| June 2012 | 3.8% | £275,936 |
| June 2011 | -0.6% | £265,945 |
| June 2010 | 9.4% | £267,477 |
| June 2009 | -7.9% | £244,484 |
| June 2008 | -1.7% | £265,519 |
| June 2007 | 0% | £269,990 |
Rental Market Trends
The current average rental value in the postcode is £1,398.
The PO31 8LX Rental Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,398pcm |
| June 2025 | 3.4% | £1,359pcm |
| June 2024 | 4.3% | £1,314pcm |
| June 2023 | 7.9% | £1,259pcm |
| June 2022 | 10.8% | £1,168pcm |
| June 2021 | 9.2% | £1,053pcm |
| June 2020 | 0.7% | £965pcm |
| June 2019 | 3.5% | £958pcm |
| June 2018 | 3.1% | £925pcm |
| June 2017 | -0.9% | £897pcm |
| June 2016 | 3.9% | £906pcm |
| June 2015 | 2.8% | £871pcm |
| June 2014 | 0.4% | £848pcm |
| June 2013 | 1.4% | £844pcm |
| June 2012 | 3.3% | £832pcm |
| June 2011 | 0.7% | £806pcm |
| June 2010 | 6.2% | £800pcm |
| June 2009 | -7.4% | £753pcm |
| June 2008 | 3% | £814pcm |
| June 2007 | 0% | £790pcm |
Sales History
The last sale was on 30th March 2007 for £210,000 and since then the market in the area has increased by 51.5%. The postcode has had a total of 1 sales since 1995.
PO31 8LX has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
PO31 8LX is the 45th largest and the 555th most expensive postcode out of the 688 postcodes in the PO31 area.
- PO31 8LT, Pallance Lane, Cowes, PO31PO31 8LT11 Addresses|308 m away
- PO31 8NA, Hillis Gate Road, Cowes, PO31PO31 8NA14 Addresses|329 m away
- PO31 8ND, Rolls Hill Road, Cowes, PO31PO31 8ND2 Addresses|490 m away
- PO31 8LS, Pallance Road, Cowes, PO31PO31 8LS48 Addresses|515 m away
- PO31 8LU, Pallance Lane, Cowes, PO31PO31 8LU5 Addresses|542 m away
Property Types
- 1 modern house built after 1980
- 1 house of an unknown age
- modern house (1)
- house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (1)
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 School1.2 km away
- Lanesend Primary School2.4 km away
- Gurnard Primary School2.6 km away
- Cowes Enterprise College, An Ormiston Academy3.2 km away
- Medina College4.6 km away
- Carisbrooke College4.8 km away
More reading links
Public Transport Nearby
The closest station to PO31 8LX is Ryde Pier Head station, which is 12.0 kilometres away.
- Ryde Pier Head|12.0 km away
- Ryde Esplanade|12.1 km away
- Ryde Hoverport|12.2 km away
- Ryde St Johns Road|12.4 km away