Melville Street - PO36 8LE
Key Postcode Insights
PO36 8LE is a residential postcode situated on Melville Street, Sandown, PO36 with 2 addresses.
It ranks as the 45th largest and 663rd most expensive of the 827 postcodes in the PO36 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £343,235
- 10 Year change
- up 30.6%
- Ave. Rental Price
- £1,621pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £213/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
PO36 8LE is a residential postcode situated on Melville Street, Sandown, PO36 with 2 addresses.
It ranks as the 45th largest and 663rd most expensive of the 827 postcodes in the PO36 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 2 properties: 2 houses.
- Ave. Sale Price
- £343,235
- 10 Year change
- up 30.6%
- Ave. Rental Price
- £1,621pcm
- 10 Year change
- up 54.4%
- Ave. £ per ft²
- £213/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Propertiesin PO36 8LE
Sales Market Trends
The last sale in PO36 8LE sold for £390,000 on 2nd July 2025. Since then prices are down an average of 3.1%.
The current average value in the postcode is £343,235.
The PO36 8LE Sales Market has increased by 30.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.9% | £343,235 |
| June 2025 | -0.3% | £357,174 |
| June 2024 | -5.7% | £358,194 |
| June 2023 | 1.1% | £379,853 |
| June 2022 | 13.2% | £375,899 |
| June 2021 | 13.3% | £332,213 |
| June 2020 | 3.9% | £293,223 |
| June 2019 | 2.8% | £282,160 |
| June 2018 | 1.4% | £274,497 |
| June 2017 | 3% | £270,713 |
| June 2016 | 6.3% | £262,837 |
| June 2015 | -0.6% | £247,224 |
| June 2014 | 3.9% | £248,690 |
| June 2013 | 0.2% | £239,398 |
| June 2012 | -1.1% | £238,884 |
| June 2011 | -0.3% | £241,513 |
| June 2010 | 7.1% | £242,141 |
| June 2009 | -10.5% | £226,161 |
| June 2008 | -2.2% | £252,571 |
| June 2007 | 0% | £258,229 |
Rental Market Trends
The current average rental value in the postcode is £1,621.
The PO36 8LE Rental Market has increased by 54.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,621pcm |
| June 2025 | 5.1% | £1,571pcm |
| June 2024 | 4.9% | £1,495pcm |
| June 2023 | 6.6% | £1,426pcm |
| June 2022 | 10.6% | £1,337pcm |
| June 2021 | 11.1% | £1,209pcm |
| June 2020 | 1.1% | £1,088pcm |
| June 2019 | 3.4% | £1,076pcm |
| June 2018 | -1.3% | £1,041pcm |
| June 2017 | 0.5% | £1,055pcm |
| June 2016 | 6.5% | £1,050pcm |
| June 2015 | 5% | £986pcm |
| June 2014 | 2.2% | £938pcm |
| June 2013 | 1.1% | £918pcm |
| June 2012 | 1.4% | £908pcm |
| June 2011 | 3.5% | £895pcm |
| June 2010 | 7.6% | £865pcm |
| June 2009 | -3.4% | £804pcm |
| June 2008 | 3.1% | £832pcm |
| June 2007 | 0% | £807pcm |
Sales History
The last sale was on 2nd July 2025 for £390,000 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 2 sales since 1995.
PO36 8LE has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodes
PO36 8LE is the 45th largest and the 663rd most expensive postcode out of the 827 postcodes in the PO36 area.
- PO36 8LF, Melville Street, Sandown, PO36PO36 8LF2 Addresses|50 m away
- PO36 8JN, Melville Gardens, Sandown, PO36PO36 8JN4 Addresses|54 m away
- PO36 8HX, Melville Street, Sandown, PO36PO36 8HX21 Addresses|64 m away
- PO36 8JJ, Grafton Street, Sandown, PO36PO36 8JJ29 Addresses|73 m away
- PO36 8BZ, Priory Court, Sandown, PO36PO36 8BZ9 Addresses|86 m away
Property Types
- 2 mid-century houses built between 1936 and 1979
- mid-century house (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold May 2022£625,000 | 4 Bed HouseMelville Glen, Melville Street, Sandown, PO36 9DFMelville Glen, Melville Street, Sandown, PO36 9DF
- Sold Feb 2021£550,000 | 5 Bed HouseHigh Pines, Melville Street, Sandown, PO36 9DFHigh Pines, Melville Street, Sandown, PO36 9DF
- Sold Jan 2018£400,000 | 4 Bed HouseBay Tree House, Melville Street, Sandown, PO36 9DPBay Tree House, Melville Street, Sandown, PO36 9DP
Schools Nearby
- Broadlea Primary School1.4 km away
- Gatten and Lake Primary School2.0 km away
- Brading Church of England Controlled Primary School3.0 km away
- The Island Free School7.4 km away
- Lift Ryde7.8 km away
- Medina College10.8 km away
More reading links
Public Transport Nearby
The closest station to PO36 8LE is Sandown station, which is 400 metres away.
- Sandown|400 m away
- Lake|1.0 km away
- Shanklin|2.7 km away
- Brading|3.0 km away
