Pallance Lane - PO31 8PX
Key Postcode Insights
PO31 8PX is a residential postcode situated on Pallance Lane, Cowes, PO31 with 4 addresses.
It ranks as the 95th largest and 370th 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 4 properties: 3 houses and 1 flat.
- Ave. Sale Price
- £283,954
- 10 Year change
- up 27.6%
- Ave. Rental Price
- £1,221pcm
- 10 Year change
- up 44.4%
- Ave. £ per ft²
- £272/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
PO31 8PX is a residential postcode situated on Pallance Lane, Cowes, PO31 with 4 addresses.
It ranks as the 95th largest and 370th 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 4 properties: 3 houses and 1 flat.
- Ave. Sale Price
- £283,954
- 10 Year change
- up 27.6%
- Ave. Rental Price
- £1,221pcm
- 10 Year change
- up 44.4%
- Ave. £ per ft²
- £272/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Explore Propertiesin PO31 8PX
Sales Market Trends
The last sale in PO31 8PX sold for £217,500 on 8th January 2015. Since then prices are up an average of 38.2%.
The current average value in the postcode is £283,954.
The PO31 8PX Sales Market has increased by 27.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.2% | £283,954 |
| June 2025 | 0.1% | £293,250 |
| June 2024 | 0.6% | £293,081 |
| June 2023 | 1.3% | £291,242 |
| June 2022 | 11% | £287,439 |
| June 2021 | 10.7% | £258,975 |
| June 2020 | 1.9% | £233,883 |
| June 2019 | 1.4% | £229,435 |
| June 2018 | -0.7% | £226,238 |
| June 2017 | 2.3% | £227,778 |
| June 2016 | 3.1% | £222,583 |
| June 2015 | 4.7% | £215,819 |
| June 2014 | 1.6% | £206,134 |
| June 2013 | -3.6% | £202,891 |
| June 2012 | 3.5% | £210,573 |
| June 2011 | -1.7% | £203,528 |
| June 2010 | 7.5% | £207,133 |
| June 2009 | -8.7% | £192,651 |
| June 2008 | -1.3% | £210,948 |
| June 2007 | 0% | £213,703 |
Rental Market Trends
The current average rental value in the postcode is £1,221.
The PO31 8PX Rental Market has increased by 44.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,221pcm |
| June 2025 | 2.6% | £1,188pcm |
| June 2024 | 4.6% | £1,158pcm |
| June 2023 | 7.6% | £1,107pcm |
| June 2022 | 9.5% | £1,029pcm |
| June 2021 | 7.6% | £940pcm |
| June 2020 | 0.2% | £873pcm |
| June 2019 | 2.8% | £871pcm |
| June 2018 | 2.1% | £847pcm |
| June 2017 | -1.9% | £829pcm |
| June 2016 | 3.5% | £846pcm |
| June 2015 | 2.7% | £818pcm |
| June 2014 | 0.6% | £796pcm |
| June 2013 | 1.4% | £792pcm |
| June 2012 | 3% | £781pcm |
| June 2011 | -0.4% | £757pcm |
| June 2010 | 4.3% | £761pcm |
| June 2009 | -8.2% | £729pcm |
| June 2008 | 3.4% | £794pcm |
| June 2007 | 0% | £768pcm |
Sales History
The last sale was on 8th January 2015 for £217,500 and since then the market in the area has increased by 38.2%. The postcode has had a total of 1 sales since 1995.
PO31 8PX has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
PO31 8PX is the 95th largest and the 370th most expensive postcode out of the 688 postcodes in the PO31 area.
- PO31 8PU, Wyatts Lane, Cowes, PO31PO31 8PU18 Addresses|103 m away
- PO31 8PY, Wyatts Lane, Cowes, PO31PO31 8PY17 Addresses|358 m away
- PO31 8PZ, Horseshoe Close, Cowes, PO31PO31 8PZ26 Addresses|384 m away
- PO31 8PT, Oxford Street, Cowes, PO31PO31 8PT64 Addresses|403 m away
- PO31 8AG, Venner Avenue, Cowes, PO31PO31 8AG32 Addresses|461 m away
Property Types
- 1 period house built between 1800 and 1911
- 3 other addresses of unknown type
- period house (1)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Jun 2024£562,500 | 4 Bed HousePear Tree Cottage, Pallance Lane, Cowes, PO31 8LTPear Tree Cottage, Pallance Lane, Cowes, PO31 8LT
- Sold Mar 2021£400,000 | 4 Bed HouseRose Cottage, Pallance Lane, Cowes, PO31 8LTRose Cottage, Pallance Lane, Cowes, PO31 8LT
- Sold Nov 2023£350,000 | 3 Bed HouseHighfield, Pallance Lane, Cowes, PO31 8LTHighfield, Pallance Lane, Cowes, PO31 8LT
Schools Nearby
- Northwood Primary School200 m away
- Lanesend Primary School2.1 km away
- Queensgate Foundation Primary2.8 km away
- Cowes Enterprise College, An Ormiston Academy3.1 km away
- Medina College3.5 km away
- Carisbrooke College4.3 km away
More reading links
Public Transport Nearby
The closest station to PO31 8PX is Ryde Pier Head station, which is 10.9 kilometres away.
- Ryde Pier Head|10.9 km away
- Ryde Esplanade|10.9 km away
- Ryde Hoverport|11.0 km away
- Ryde St Johns Road|11.2 km away
