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The Grove is a residential street with 5 addresses.
It ranks as the 16th largest and 151st most expensive of the 153 streets in the PO35 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
The Grove is a residential street with 5 addresses.
It ranks as the 16th largest and 151st most expensive of the 153 streets in the PO35 area. The dominant property type is a modern house built after 1980.
The street contains a total of 5 properties: 5 houses.
Sale prices range from £953,664 for 5 bedroom freehold houses with a garden (2,271 ft2) to £1,263,845 for 5 bedroom freehold houses with a garden (3,778 ft2) .
Monthly rental prices range from £2,892 pcm for 5 bed houses to £3,832 pcm for 5 bed houses.
The gross rental yield is between 3.6% and 3.6%.
The average value per square foot is £378.
The last sale on The Grove sold for £960,000 on 10th January 2024. Since then prices are down an average of 5.5%.
The current average value in the street is £1,103,548.
The The Grove Sales Market has increased by 40.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.4% | £1,103,548 |
| May 2025 | -0.5% | £1,142,668 |
| May 2024 | -2.9% | £1,148,673 |
| May 2023 | 2.8% | £1,183,337 |
| May 2022 | 14.3% | £1,150,734 |
| May 2021 | 13.3% | £1,006,912 |
| May 2020 | 0.4% | £888,878 |
| May 2019 | 3.7% | £885,575 |
| May 2018 | 10.4% | £854,339 |
| May 2017 | -1.5% | £773,539 |
| May 2016 | 4.5% | £785,155 |
| May 2015 | 1.6% | £751,475 |
| May 2014 | 4.7% | £739,896 |
| May 2013 | -1.4% | £706,405 |
| May 2012 | -3.6% | £716,328 |
| May 2011 | 1.9% | £743,131 |
| May 2010 | 6.8% | £729,464 |
| May 2009 | -5.8% | £682,883 |
| May 2008 | 5.1% | £725,278 |
| May 2007 | 0% | £690,238 |
The current average rental value in the street is £3,346.
The The Grove Rental Market has increased by 53.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.1% | £3,346pcm |
| May 2025 | 5.1% | £3,244pcm |
| May 2024 | 5.3% | £3,086pcm |
| May 2023 | 5.5% | £2,931pcm |
| May 2022 | 11.3% | £2,777pcm |
| May 2021 | 10.5% | £2,496pcm |
| May 2020 | 1.6% | £2,259pcm |
| May 2019 | 3.1% | £2,224pcm |
| May 2018 | -1.8% | £2,158pcm |
| May 2017 | 0.7% | £2,198pcm |
| May 2016 | 6.4% | £2,182pcm |
| May 2015 | 5.1% | £2,051pcm |
| May 2014 | 1.4% | £1,951pcm |
| May 2013 | 1% | £1,925pcm |
| May 2012 | 1.5% | £1,905pcm |
| May 2011 | 3.9% | £1,876pcm |
| May 2010 | 7.7% | £1,806pcm |
| May 2009 | -2.3% | £1,676pcm |
| May 2008 | 3.9% | £1,716pcm |
| May 2007 | 0% | £1,652pcm |
The last sale was on 10th January 2024 for £960,000 and since then the market in the area has decreased by 5.5%. The street has had a total of 3 sales since 1995.
The Grove, Bembridge, PO35 has seen 1 sale in the last three years and no sales in the last twelve months.
The Grove, Bembridge, PO35 is the 16th largest and the 151st most expensive street in the PO35 area.
There is 1 postcode on The Grove, Bembridge, PO35.
The closest station to The Grove, Bembridge, PO35 is Brading station which is 3.9 kilometres away.
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The recent census recorded whether a resident owned or rented their home.
In the area around The Grove, Bembridge, PO35, 75.2% of property is privately owned outright and 16.2% is privately owned with a mortgage.
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 The Grove, Bembridge, PO35, 5.6% of residents are recorded as possessing school level qualifications and 37.2% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around The Grove, Bembridge, PO35, the average age was 54.4 and the most common age was 72.
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 The Grove, Bembridge, PO35, 1.5% 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 The Grove, Bembridge, PO35, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.