PO31 8RB is a residential postcode situated on Gurnard Pines, Cowes, PO31 with 6 addresses.
It ranks as the 106th largest and 28th most expensive of the 444 postcodes in the PO31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
PO31 8RB is a residential postcode situated on Gurnard Pines, Cowes, PO31 with 6 addresses.
It ranks as the 106th largest and 28th most expensive of the 444 postcodes in the PO31 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
Sale prices range from £153,294 for 2 bedroom leasehold houses with a garden (398 ft2) to £160,192 for 2 bedroom leasehold houses with a garden (398 ft2) .
Monthly rental prices range from £829 pcm for 2 bed houses to £866 pcm for 2 bed houses.
The gross rental yield is between 6.5% and 6.5%.
The average value per square foot is £380.
The last sale in PO31 8RB sold for £25,000 on 11th June 2001. Since then prices are down an average of 0.0%.
The current average value in the postcode is £156,534.
The PO31 8RB Sales Market has increased by 46.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -0.4% | £156,534 |
| April 2025 | 2.7% | £157,237 |
| April 2024 | -0.2% | £153,164 |
| April 2023 | 2.5% | £153,539 |
| April 2022 | 16% | £149,786 |
| April 2021 | 9.9% | £129,106 |
| April 2020 | 2.9% | £117,501 |
| April 2019 | 0.1% | £114,221 |
| April 2018 | 1.2% | £114,065 |
| April 2017 | 5.4% | £112,755 |
| April 2016 | 2.7% | £106,993 |
| April 2015 | 4.9% | £104,197 |
| April 2014 | 1.9% | £99,336 |
| April 2013 | -1.8% | £97,445 |
| April 2012 | 5.4% | £99,216 |
| April 2011 | -2.3% | £94,113 |
| April 2010 | 6.7% | £96,303 |
| April 2009 | -10.6% | £90,239 |
| April 2008 | 1% | £100,963 |
| April 2007 | 0% | £99,948 |
The current average rental value in the postcode is £846.
The PO31 8RB Rental Market has increased by 56.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.6% | £846pcm |
| April 2025 | 3% | £809pcm |
| April 2024 | 4.9% | £785pcm |
| April 2023 | 7.7% | £749pcm |
| April 2022 | 12.3% | £695pcm |
| April 2021 | 7.5% | £619pcm |
| April 2020 | 0.5% | £576pcm |
| April 2019 | 2.4% | £574pcm |
| April 2018 | 3.8% | £560pcm |
| April 2017 | -0.5% | £539pcm |
| April 2016 | 4.8% | £542pcm |
| April 2015 | 3.8% | £517pcm |
| April 2014 | 1.1% | £499pcm |
| April 2013 | 3.5% | £493pcm |
| April 2012 | 1.5% | £476pcm |
| April 2011 | 0.9% | £470pcm |
| April 2010 | 1.1% | £465pcm |
| April 2009 | -8.4% | £460pcm |
| April 2008 | 4.9% | £503pcm |
| April 2007 | 0% | £479pcm |
The last sale was on 11th June 2001 for £25,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
PO31 8RB has seen no sales in the last three years and no sales in the last twelve months.
PO31 8RB is the 106th largest and the 28th most expensive postcode out of the 444 postcodes in the PO31 area.
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The closest station to PO31 8RB is Ryde Pier Head station which is 11.5 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around PO31 8RB, % of property is and % is .
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PO31 8RB, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PO31 8RB, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PO31 8RB, there are an average of 0.0 cars per household.
See below for how this compares to South East and the rest of England & Wales.