Market analysis
The average home in the PO40 postcode area, part of Freshwater, has sold for £269,031 — 1% below the UK average of £271,295. The median sold price, less skewed by the most expensive sales, is £238,000. In 2025, the most recent complete year, prices rose 15.3% year on year, from £293,255 to £338,193. Since 2015, average values here have grown by 62%.
Detached houses are the most commonly sold property type in PO40, making up 40% of the 4,402 transactions on record. In all, 4,402 sales have been registered here since 1995, within Isle of Wight, Isle of Wight. Buyers weighing up PO40 commonly compare it with neighbouring PO1, PO10, PO11.
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Property Value Trends
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Market Summary
Average and median prices are well aligned, suggesting an evenly distributed market.
Property Types
Recent Registered Sales
HM Land Registry| Property Type | Address | Sale Date | Price Paid |
|---|---|---|---|
| Flat | LANGTRY HOUSE, FLAT 1, VICTORIA ROAD PO40 9PX | 25-06-2026 | £242,000 |
| Semi-Detached | 176, BRAMBLES CHINE PO40 9SY | 05-06-2026 | £73,000 |
| Terraced | 8, STROUD ROAD PO40 9XB | 29-05-2026 | £215,000 |
| Semi-Detached | 6, RICHMOND MEADE PO40 9EB | 22-05-2026 | £320,000 |
| Semi-Detached | 129, BRAMBLES CHINE PO40 9SQ | 22-05-2026 | £110,000 |
| Semi-Detached | 4, MILLWAYS PO40 9SF | 11-05-2026 | £290,000 |
| Other | 202, BRAMBLES CHINE PO40 9SZ | 07-05-2026 | £90,000 |
| Detached | GREENACRE, SOUTHDOWN ROAD PO40 9UA | 01-05-2026 | £585,000 |
| Detached | 35, QUEENS CLOSE PO40 9EU | 29-04-2026 | £390,000 |
| Semi-Detached | 9, ARNHEM ROAD PO40 9LP | 27-04-2026 | £242,500 |
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About this data
Averages and medians on this page cover the 1,662 sales registered in PO40 since 2015, so they reflect the current market rather than three decades of it. The 4,402 figure is every sale since records begin in 1995, and the yearly chart uses each year's own sales. Prices are what buyers actually paid, as registered with HM Land Registry — not asking prices or estimates. Scotland and Northern Ireland are not in this dataset; see Scotland and Northern Ireland.