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Gurnard market report PO31 8, Cowes
The PO31 8 (Gurnard) house price history in full, 1995 to 2026, in cash and in today's money. This page is built from the public record and nothing else: 3,880 completed sales registered with HM Land Registry in PO31 8 (Cowes) since 1995, plus current ONS rental figures. There are no valuations, estimates or asking prices in it.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: 32 registered 2026 sales put the PO31 8 (Cowes) median at £310,000, up 5% on five years earlier, with a mean of £347,800, and by floor area homes here have averaged about £4,040 per square metre over the last five years. Everything rests on 3,880 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
PO31 8 is one sector of PO31 (Cowes): a handful of streets, and the most local view the sold record can give. The price of that locality is lumpier charts, because each year's median rests on fewer sales.
Where PO31 8 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.
Today's PO31 8 prices, from the sold record
The PO31 8 median stands at £310,000 for 2026, built from 32 registered sales; the mean, the figure usually quoted as the "average house price", is £347,800, somewhat above it, as happens wherever a market carries an expensive tail.
Price per square metre in PO31 8
The last five years of sales put PO31 8 at roughly £4,040 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 8 sits 9% above the national market.
A typical PO31 8 home, priced year by year (1995 to 2026)
The cash median beside its inflation-adjusted twin (ONS CPIH). The adjusted line answers the harder question, whether homes really got dearer. Hover for the figures; the legend toggles each series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £310,000 | £310,000 | 32 |
| 2025 | £328,500 | £336,355 | 99 |
| 2024 | £340,000 | £361,490 | 77 |
| 2023 | £330,000 | £362,589 | 95 |
| 2022 | £339,000 | £397,516 | 104 |
| 2021 | £295,000 | £373,508 | 131 |
| 2020 | £325,000 | £421,694 | 113 |
| 2019 | £258,500 | £338,832 | 117 |
| 2018 | £255,000 | £339,920 | 111 |
| 2017 | £279,000 | £380,528 | 114 |
| 2016 | £260,000 | £363,743 | 143 |
| 2015 | £250,000 | £353,250 | 120 |
| 2014 | £239,000 | £339,063 | 140 |
| 2013 | £225,000 | £323,753 | 105 |
| 2012 | £250,000 | £367,969 | 95 |
| 2011 | £228,800 | £345,400 | 88 |
| 2010 | £231,500 | £363,052 | 102 |
| 2009 | £197,500 | £317,483 | 104 |
| 2008 | £235,000 | £385,215 | 95 |
| 2007 | £216,200 | £366,735 | 152 |
| 2006 | £204,600 | £355,159 | 136 |
| 2005 | £200,000 | £355,919 | 136 |
| 2004 | £187,000 | £339,629 | 149 |
| 2003 | £153,500 | £282,784 | 134 |
| 2002 | £140,000 | £263,409 | 161 |
| 2001 | £123,000 | £236,461 | 142 |
| 2000 | £115,000 | £225,688 | 135 |
| 1999 | £90,000 | £179,365 | 162 |
| 1998 | £78,000 | £157,449 | 157 |
| 1997 | £73,200 | £150,118 | 182 |
| 1996 | £60,000 | £126,537 | 138 |
| 1995 | £53,500 | £116,301 | 111 |
In cash terms the typical PO31 8 home went from £53,500 in 1995 to £310,000 in 2026, roughly 6 times the price. Adjusted for inflation it still comes to a real rise of roughly 167%, so homes here got dearer in substance, not only in cash. The real-terms peak came in 2020, and today's median remains roughly 26% under it: a 2020 buyer is still waiting to get that price back in today's money.
Year-on-year change in the PO31 8 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 2000 (+27.8% on the year before); the weakest, 2009 (−16.0%). 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) | −5.6% | −7.8% |
| 5 years (since 2021) | +1.0% | −3.7% |
| 10 years (since 2016) | +1.8% | −1.6% |
| 20 years (since 2006) | +2.1% | −0.7% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
The turnover behind the prices
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.
The register shows 32 PO31 8 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 143 sales a year before the financial crisis and 81 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
The rental side of PO31 8
PO31 8 falls under Isle of Wight, where the ONS puts the average private rent at £946 a month (May 2026 figures). The spread runs from £659 a month for a typical one-bed to £1,508 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Isle of Wight
ONS Price Index of Private Rents, May 2026.
Set against the £310,000 median sold price, £946 a month is £11,352 a year, a gross yield of 3.7%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Reading the PO31 8 market
This is a thin market: 32 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.
PO31 8 (Gurnard): the questions that come up
How much did a house sell for in PO31 8 (Gurnard)?
Are property prices falling in PO31 8 (Gurnard)?
Is PO31 8 (Gurnard) a good place to buy a house?
Where do PO31 8 prices go next?
That question has no honest answer, only evidence. The evidence: the median is up 5% over five years in cash but down 17% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
Bedroom by bedroom: PO prices by size
Real sold prices by size across the PO area, straight from the Land Registry record. The jump between sizes is local: in some areas a third bedroom adds a quarter to the price, in others nearly four fifths, so a national rule of thumb will mislead you here.
| 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%) | — |
Medians of recorded sales over the last four years, by built form and bedroom count. Sold homes carry no advertised bedroom count, so sizes are estimated from their EPC records; a small number of homes will sit one size out. 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.
Five-year change in the median, PO area districts
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 7 | £272,800 | 50 |
Zoom out to the full PO31 district report for the type split, monthly volumes and how PO31 compares with its neighbours.
Selling in PO31 8? Start from the sold record
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at PO31 8's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim PO31 8.
Take it further
Behind the answers sits the same Land Registry record as this page, with PO31 8 already set as the subject. Free, one click sign in.
The live map plots every individual PO31 8 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
Method, briefly: HM Land Registry Price Paid Data (Crown copyright, OGL v3.0) supplies every sale, geocoded to address level; CPIH from the ONS restates prices in today's money; ONS local-authority figures supply the rents. Medians of real sales, not valuations. No part of this page is financial advice.