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Property Price Trends
Wellington Square, Yarmouth, Isle Of Wight
PO41 0LB Isle of Wight
What are the historical property price trends?
Explore the yearly trends in property prices for the PO41 postcode district in the UK. Stay informed and make smart real estate decisions based on the accurate, analysed data.
Property Price Trends
PO41
Most Expensive Property
£800,000
Saanen Solent Road, PO41 0XZ
Sold: 17 November 2023
Cheapest Property
£17,000
Yarmouth House 1 High Street, PO41 0PL
Sold: 28 February 2024
Data last updated: 30 Dec 1899. Data extracted from ONS housing prices/rents: inflation and price indices by local authority (Isle of Wight, E06000046). Rent estimates are provisional, and are for the latest 2 months.
Local House Price Trends
Have property prices been rising or falling in PO41 0LB?
The graph below shows the five-year capital growth figures for properties for the PO41 postcode district. Figures show year-on-year capital growth and not accumulative growth over the five-year period.
Compare House Price Trends
Enter a postcode below to compare the property prices in PO41 with any other UK postcode:
Regional Property Analysis
What trends is the property market seeing in Isle of Wight?
For Homebuyers
Currently, the Isle of Wight property market is seeing a steady increase in house prices, with the average property price standing at around £291,462. The most popular areas for homebuyers include Newport (PO30), Ryde (PO33), and Ventnor (PO38), where average property prices range from £230,000 to £335,000. The availability of properties in these areas is limited, with a high demand leading to competitive bidding situations. However, there is a good variety of properties on the market, ranging from traditional cottages to modern apartments. It's advisable for homebuyers to act quickly and be prepared with their finances to secure their desired property in these sought-after areas.
For Renters
Rent prices in Isle of Wight have been relatively stable, with the average rental price for a property currently standing at around £850 per month. Popular rental areas include Cowes (PO31), Sandown (PO36), and Shanklin (PO37), where average monthly rents range from £700 to £900. Rental properties in these areas are in moderate supply, offering a mix of furnished and unfurnished options. It's recommended for renters to be proactive in their search and have their references and deposit ready to secure a rental property in these prime locations.
For Investors
Investors looking to enter the Isle of Wight property market can expect a good return on investment, with the average rental yield standing at around 4.5%. Areas such as Seaview (PO34), Bembridge (PO35), and Freshwater (PO40) offer attractive opportunities for buy-to-let investments, with potential for capital growth and high rental demand. The availability of investment properties in these areas is moderate, providing investors with a range of options from period properties to new developments. It's advisable for investors to conduct thorough research and consider long-term market trends before making a purchase decision in these profitable areas.
For Homebuyers
Currently, the Isle of Wight property market is seeing a steady increase in house prices, with the average property price standing at around £291,462. The most popular areas for homebuyers include Newport (PO30), Ryde (PO33), and Ventnor (PO38), where average property prices range from £230,000 to £335,000. The availability of properties in these areas is limited, with a high demand leading to competitive bidding situations. However, there is a good variety of properties on the market, ranging from traditional cottages to modern apartments. It's advisable for homebuyers to act quickly and be prepared with their finances to secure their desired property in these sought-after areas.
For Renters
Rent prices in Isle of Wight have been relatively stable, with the average rental price for a property currently standing at around £850 per month. Popular rental areas include Cowes (PO31), Sandown (PO36), and Shanklin (PO37), where average monthly rents range from £700 to £900. Rental properties in these areas are in moderate supply, offering a mix of furnished and unfurnished options. It's recommended for renters to be proactive in their search and have their references and deposit ready to secure a rental property in these prime locations.
For Investors
Investors looking to enter the Isle of Wight property market can expect a good return on investment, with the average rental yield standing at around 4.5%. Areas such as Seaview (PO34), Bembridge (PO35), and Freshwater (PO40) offer attractive opportunities for buy-to-let investments, with potential for capital growth and high rental demand. The availability of investment properties in these areas is moderate, providing investors with a range of options from period properties to new developments. It's advisable for investors to conduct thorough research and consider long-term market trends before making a purchase decision in these profitable areas.
Last updated on 31 May 2025. Property market analysis is based on official data, and interpreted using neural networks (machine learning model), and subject to our Terms and Conditions.
Yield for PO41 0LB
Estimated yield for property investors
2.41%
Yield
The estimated yield for the PO41 0LB postcode area is 2.41%, compared to the national average yield of 3.8%.
View yield analysisHouse price affordability
Use this graph to view the housing affordability ratio data, as well as median house prices and household earnings in England and Wales, from 1997-2024.
Property sales
What houses have been sold in PO41 0LB?
The recently sold properties table lists homes around PO41 0LB that have been recorded by HM Land Registry, and their sold prices.
Price paid information is not personal, but property-related information. All commercial transactions, sales that have not been lodged with HM Land Registry or sales that were not for full market value are excluded.
| Date | Price | Property Address | Property Type | Estate Type |
|---|---|---|---|---|
| 28 February 2024 | £17,000 | Yarmouth House 1 High Street, Yarmouth, PO41 0PL | Other | Freehold |
| 08 August 2023 | £440,000 | Mallard House, 7 Heytesbury Road, Yarmouth, PO41 0QS | Detached | Freehold |
| 01 March 2024 | £620,000 | Woodbury Ningwood Hill, Cranmore, Yarmouth, PO41 0XP | Detached | Freehold |
| 20 March 2024 | £378,000 | Lyndale Cranmore Avenue, Cranmore, Yarmouth, PO41 0XS | Detached | Freehold |
| 17 November 2023 | £800,000 | Saanen Solent Road, Cranmore, Yarmouth, PO41 0XZ | Detached | Freehold |
Please note that house prices for properties sold in and around PO41 0LB during this period do not reflect current values of properties in this postcode area, they are the prices paid at the time of sale. Prices paid is property price data for single residential property sales in England and Wales, sold on the market at full market value, and lodged with the Land Registry for registration.
For more information about the statistical data sets contained on this page, visit https://www.gov.uk/government/statistical-data-sets.
Average monthly mortgage payments
Data on this page contains HM Land Registry data © Crown copyright and database right 2021. This data is licensed under the Open Government Licence v3.0. Property data and analysis from PropertyData.co.uk.
Statistical Data Sets
Statistics extracted are from the UK House Price Index, published each month from HM Land Registry, and broken down into Country, Region, and County level.
All content is available under the Open Government Licence v3.0, except where otherwise stated
