Local market reports › PO area › PO31 › PO31 7
Gurnard market report PO31 7, Cowes
The PO31 7 (Gurnard) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 7,422 HM Land Registry entries for PO31 7 (Cowes), going back to 1995: each an actual purchase at an actual price. Rents come from the ONS. Valuations, estimates and asking prices appear nowhere in it.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 50 registered 2026 sales put the PO31 7 (Cowes) median at £272,800, up 11% on five years earlier, with a mean of £289,600, and by floor area homes here have averaged about £3,250 per square metre over the last five years. Everything rests on 7,422 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
PO31 7 is a postcode sector: one group of streets inside PO31 (Cowes). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where PO31 7 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What PO31 7 homes really sell for
The 2026 median for PO31 7 is £272,800, taken from 50 registered sales. The mean, which is what most sites call the "average house price", is £289,600, somewhat above it, as happens wherever a market carries an expensive tail.
PO31 7 prices by floor area
The last five years of sales put PO31 7 at roughly £3,250 per square metre. That figure, built from each sale's Energy Performance Certificate floor area, is the one that makes a small flat and a big house comparable.
Set against the £285,000 England and Wales median, PO31 7 sits 4% below the national market.
The price of a typical PO31 7 home, 1995 to 2026
Year by year: the median as it was recorded, and the same figure brought into today's money with ONS CPIH, which is where "did homes get dearer" actually gets answered. Hover shows each year; the legend isolates a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £272,800 | £272,800 | 50 |
| 2025 | £275,000 | £281,576 | 153 |
| 2024 | £265,000 | £281,749 | 135 |
| 2023 | £255,000 | £280,183 | 149 |
| 2022 | £263,800 | £309,336 | 204 |
| 2021 | £246,000 | £311,468 | 212 |
| 2020 | £215,000 | £278,967 | 221 |
| 2019 | £210,000 | £275,260 | 184 |
| 2018 | £195,000 | £259,939 | 219 |
| 2017 | £205,000 | £279,599 | 227 |
| 2016 | £187,100 | £261,755 | 220 |
| 2015 | £180,500 | £255,047 | 190 |
| 2014 | £178,000 | £252,524 | 233 |
| 2013 | £170,000 | £244,613 | 195 |
| 2012 | £156,800 | £230,790 | 150 |
| 2011 | £160,000 | £241,538 | 187 |
| 2010 | £166,100 | £260,488 | 184 |
| 2009 | £160,000 | £257,201 | 193 |
| 2008 | £163,000 | £267,191 | 207 |
| 2007 | £178,800 | £303,295 | 384 |
| 2006 | £160,000 | £277,740 | 314 |
| 2005 | £150,000 | £266,940 | 289 |
| 2004 | £150,000 | £272,429 | 375 |
| 2003 | £129,000 | £237,649 | 321 |
| 2002 | £100,500 | £189,090 | 357 |
| 2001 | £85,000 | £163,408 | 326 |
| 2000 | £71,500 | £140,319 | 266 |
| 1999 | £57,000 | £113,598 | 300 |
| 1998 | £49,000 | £98,910 | 266 |
| 1997 | £42,500 | £87,159 | 263 |
| 1996 | £41,200 | £86,889 | 268 |
| 1995 | £41,200 | £89,562 | 180 |
In cash terms the typical PO31 7 home went from £41,200 in 1995 to £272,800 in 2026, roughly 7 times the price. Inflation explains only part of it: in today's money the rise is still about 205%, a genuine increase in what a home here costs. In inflation-adjusted terms the high-water mark was 2021. The market now sits about 12% below it, so a peak-time purchase has yet to recover its real value.
Year-on-year change in the PO31 7 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2003 (+28.4% on the year before); the weakest, 2008 (−8.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −0.8% | −3.1% |
| 5 years (since 2021) | +2.1% | −2.6% |
| 10 years (since 2016) | +3.8% | +0.4% |
| 20 years (since 2006) | +2.7% | −0.1% |
The table annualises median growth over each period, with the real column deflated by ONS CPIH. Smoothing hides the cycle (see the chart above for it), and none of this forecasts: it is the record.
Sales activity in PO31 7
The year-by-year sales count
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Over the last twelve months of data, 50 sales completed in PO31 7. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 329 sales a year before the financial crisis and 138 a year over the last five. Price without volume misleads: a median built on few sales jumps around, and one street can tilt it. Keep in mind too that the latest year is still filling in, since sales reach the register weeks or months after completion.
What kind of market PO31 7 is
This is a thin market: 50 sales in the last twelve months of data. With that few transactions, one street selling well (or one block of cheap transfers) can move the median, so read the year lines as a range rather than a verdict.
Rents around PO31 7
The local authority for PO31 7 is Isle of Wight, and its ONS average private rent currently stands at £946 a month (May 2026 figures). Size sets most of the rent: one-beds average £659 a month here against £1,508 for four or more bedrooms.
Average monthly rent by size, Isle of Wight
ONS Price Index of Private Rents, May 2026.
Against the £272,800 median purchase price, a rent of £946 a month (£11,352 a year) works out at a 4.2% gross yield, a ceiling figure that ignores letting costs, voids, maintenance and tax. Because rents are local-authority statistics, districts sharing the authority share the figure.
Common questions on PO31 7 (Gurnard)
Is PO31 7 (Gurnard) a good place to buy a house?
How much did a house sell for in PO31 7 (Gurnard)?
Are property prices falling in PO31 7 (Gurnard)?
Where do PO31 7 prices go next?
The record answers a different question than "what happens next": the median is up 11% over five years in cash but down 12% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.
What another bedroom costs in PO
Real sold prices by size across the PO area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £350,000 | £475,000 (+36%) | £675,000 (+42%) | £900,000 (+33%) |
| Semi-detached | £273,250 | £305,000 (+12%) | £352,500 (+16%) | £430,000 (+22%) | £610,000 (+42%) |
| Terraced | £230,000 | £253,000 (+10%) | £290,000 (+15%) | £375,000 (+29%) | £498,750 (+33%) |
| Flat | £145,000 | £198,000 (+37%) | £290,000 (+46%) | £500,000 (+72%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the PO area is the point: the same five years treated these districts very differently.
PO area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in PO31
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of PO31, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PO31 8 | £310,000 | 32 |
Zoom out to the full PO31 district report for the type split, monthly volumes and how PO31 compares with its neighbours.
Thinking of selling in PO31 7? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in PO31 7, open the average prices map and zoom from the PO31 7 shading down to the sold homes on your own street. Every recorded PO31 7 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Estate agents working PO31 7: the featured spot on this report is free for founding agents, one per district. Claim PO31 7.
Keep digging
The AI answers from the same Land Registry data this report is built on, already scoped to PO31 7. Free after a one click sign in.
Two maps carry on from here: every PO31 7 sale at its exact address, and the average prices map from area shading down to single homes. The report tool answers a specific question in writing, and each sale's mortgage and rent calculator prices a real purchase.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.