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Gurnard market report PO31, Cowes
The PO31 (Gurnard) house price history in full, 1995 to 2026, in cash and in today's money. The raw material for this page is 11,302 HM Land Registry entries for PO31 (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.
Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: a typical PO31 (Cowes) home changed hands for £292,000 in 2026 (median of 82 registered sales, up 11% on five years earlier), with the mean at £312,300, and by floor area homes here have averaged about £3,540 per square metre over the last five years. Source: 11,302 completed sales on the HM Land Registry record since 1995, updated with each monthly release. No valuations, no asking prices.
PO31 is a postcode district covering Cowes, Gurnard in Cowes. It is the most useful size for market figures: tight enough to describe somewhere real, large enough that sales keep coming and the medians hold steady.
Where PO31 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 homes really sell for
The PO31 median stands at £292,000 for 2026, built from 82 registered sales; the mean, the figure usually quoted as the "average house price", is £312,300, somewhat above it, as happens wherever a market carries an expensive tail.
PO31 prices by floor area
Measured by floor area, the last five years of PO31 sales average about £3,540 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.
Against a national (England and Wales) median of £285,000, PO31 runs 2% above it.
A typical PO31 home, priced year by year (1995 to 2026)
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £292,000 | £292,000 | 82 |
| 2025 | £300,000 | £307,174 | 252 |
| 2024 | £280,000 | £297,698 | 212 |
| 2023 | £290,000 | £318,639 | 244 |
| 2022 | £282,500 | £331,263 | 308 |
| 2021 | £263,000 | £332,992 | 343 |
| 2020 | £240,000 | £311,405 | 334 |
| 2019 | £222,500 | £291,644 | 301 |
| 2018 | £215,800 | £287,665 | 330 |
| 2017 | £221,500 | £302,104 | 341 |
| 2016 | £210,000 | £293,792 | 363 |
| 2015 | £200,000 | £282,600 | 310 |
| 2014 | £190,000 | £269,548 | 373 |
| 2013 | £180,000 | £259,002 | 300 |
| 2012 | £182,000 | £267,881 | 245 |
| 2011 | £175,000 | £264,183 | 275 |
| 2010 | £188,200 | £295,146 | 286 |
| 2009 | £168,000 | £270,061 | 297 |
| 2008 | £179,000 | £293,419 | 302 |
| 2007 | £190,000 | £322,293 | 536 |
| 2006 | £167,200 | £290,238 | 450 |
| 2005 | £165,000 | £293,634 | 425 |
| 2004 | £156,000 | £283,326 | 524 |
| 2003 | £131,500 | £242,255 | 455 |
| 2002 | £110,000 | £206,964 | 518 |
| 2001 | £92,500 | £177,827 | 468 |
| 2000 | £80,000 | £157,000 | 401 |
| 1999 | £64,000 | £127,549 | 462 |
| 1998 | £56,000 | £113,040 | 423 |
| 1997 | £50,800 | £104,181 | 445 |
| 1996 | £45,000 | £94,903 | 406 |
| 1995 | £44,500 | £96,736 | 291 |
In cash terms the typical PO31 home went from £44,500 in 1995 to £292,000 in 2026, roughly 7 times the price. Even after inflation that is a real rise of about 202%: homes here genuinely became dearer, not merely more expensive on paper. Measured in today's money the market peaked in 2021; the current median sits about 12% below that. Someone who bought at the 2021 peak has not yet seen that price back in real terms.
Year-on-year change in the PO31 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 (+25.0% on the year before); the weakest, 2011 (−7.0%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Growth per year, over one to twenty years
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −2.7% | −4.9% |
| 5 years (since 2021) | +2.1% | −2.6% |
| 10 years (since 2016) | +3.4% | −0.1% |
| 20 years (since 2006) | +2.8% | 0.0% |
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.
Detached, semi, terraced, flat: four markets in one
A single median hides the split beneath it. Sales of terraced homes dominate the record here, 31% of the typed total. A detached home currently trades at £372,500 against £164,000 for a flat, 2.3 times the price.
Median by property type, PO31
One line per type, years with too few sales omitted. Hover for the year's figures; click a legend entry to isolate a type.
| Type | Median (2026) | Sales that year | All-time sales |
|---|---|---|---|
| Detached | £372,500 | 22 | 2,881 |
| Semi-detached | £268,800 | 30 | 3,055 |
| Terraced | £273,600 | 24 | 3,493 |
| Flats | £164,000 | 6 | 1,873 |
The turnover behind the prices
Sales per year, counted
Annual recorded sales. The post-2008 trough is the financial crisis; treat the final bar as provisional while registrations catch up.
Month by month, five years back
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
The register shows 205 PO31 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 472 sales a year before the financial crisis and 220 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.
The rental side of PO31
For renting purposes PO31 sits in Isle of Wight. The ONS average private rent there is £946 a month (May 2026). 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 £292,000 median purchase price, a rent of £946 a month (£11,352 a year) works out at a 3.9% 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.
What people ask about PO31 (Gurnard)
How much did a house sell for in PO31 (Gurnard)?
Are property prices falling in PO31 (Gurnard)?
Is PO31 (Gurnard) a good place to buy a house?
Will PO31 prices rise from here?
Prediction is not this page's business. Its business is the record, which says: the median is up 11% over five years in cash but down 12% after inflation. Read the volume chart with the price chart before acting on either, remembering that registrations trail the deals themselves by weeks.
Bedroom by bedroom: PO prices by size
What homes of each size actually sold for across the PO area, 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. Sizes with too few homes to be meaningful are left blank.
The risers and the fallers
PO31 ranks 6 of 34 in the PO area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
PO area districts: five years of change
Cash-terms risers and fallers across the area; click any row for that district's full report.
Inside PO31, sector by sector
Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PO31 7 | £272,800 | 50 |
| PO31 8 | £310,000 | 32 |
How PO31 compares nearby
Same city, different markets. The neighbouring districts of the PO area, dearest first:
| District | Median | 5-year |
|---|---|---|
| PO41 | £532,500 | +43% |
| PO18 | £460,000 | +4% |
| PO10 | £400,000 | +1% |
| PO34 | £377,500 | +4% |
| PO20 | £375,000 | +1% |
| PO8 | £360,000 | +4% |
| PO35 | £351,000 | -16% |
| PO19 | £340,000 | -7% |
| PO11 | £337,500 | -8% |
| PO14 | £335,200 | +6% |
| PO7 | £330,000 | +3% |
| PO15 | £330,000 | +1% |
| PO16 | £326,100 | +12% |
| PO22 | £320,500 | -1% |
| PO6 | £307,000 | +6% |
| PO21 | £305,000 | +3% |
| PO9 | £300,000 | +7% |
| PO31 (this report) | £292,000 | +11% |
| PO17 | £285,500 | -18% |
| PO13 | £285,000 | +13% |
| PO40 | £280,000 | -3% |
| PO3 | £275,000 | +11% |
| PO38 | £275,000 | -5% |
| PO4 | £269,000 | +11% |
Thinking of selling in PO31? Get a rough value first
The sold record beats any estimate as a starting point. Before a house valuation or flat valuation in PO31, open the average prices map and zoom from the PO31 shading down to the sold homes on your own street. Every recorded PO31 sale is on this page; the same Land Registry record is what agents price from, and it is now in your hands.
Local estate agents: one agent per district gets the featured spot on this report, free for founding agents. Claim PO31.
Keep digging
Behind the answers sits the same Land Registry record as this page, with PO31 already set as the subject. Free, one click sign in.
Two maps carry on from here: every PO31 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.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.