Ocean View Road - PO38 1AA
Key Postcode Insights
PO38 1AA is a residential postcode situated on Ocean View Road, Ventnor, PO38 with 32 addresses.
It ranks as the 530th largest and 50th most expensive of the 576 postcodes in the PO38 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 32 properties: 9 houses, 17 flats and 6 other properties.
- Ave. Sale Price
- £155,481
- 10 Year change
- up 29.9%
- Ave. Rental Price
- £933pcm
- 10 Year change
- up 47.0%
- Ave. £ per ft²
- £279/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Key Postcode Insights
PO38 1AA is a residential postcode situated on Ocean View Road, Ventnor, PO38 with 32 addresses.
It ranks as the 530th largest and 50th most expensive of the 576 postcodes in the PO38 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 32 properties: 9 houses, 17 flats and 6 other properties.
- Ave. Sale Price
- £155,481
- 10 Year change
- up 29.9%
- Ave. Rental Price
- £933pcm
- 10 Year change
- up 47.0%
- Ave. £ per ft²
- £279/ft²
- Ave. Gross Yield
- 7.2%/year/yr
Explore Properties in PO38 1AA
- The Ravens
Mid-century Building | 15 Units
- 1A Ocean View Road
3 Bed Period House
- 1 Ocean View Road
3 Bed Period House
- 3 Ocean View Road
3 Bed Period House
- 5 Ocean View Road
3 Bed Period House
Sales Market Trends
The last sale in PO38 1AA sold for £167,500 on 30th June 2025. Since then prices are down an average of 3.1%.
The current average value in the postcode is £155,481.
The PO38 1AA Sales Market has increased by 29.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.4% | £155,481 |
| June 2025 | 2.2% | £161,011 |
| June 2024 | -8.4% | £157,537 |
| June 2023 | 1.4% | £172,029 |
| June 2022 | 9.7% | £169,608 |
| June 2021 | 7.7% | £154,591 |
| June 2020 | 9.9% | £143,498 |
| June 2019 | 6.2% | £130,606 |
| June 2018 | 2.8% | £123,032 |
| June 2017 | 0% | £119,707 |
| June 2016 | 7.8% | £119,716 |
| June 2015 | 3.9% | £111,079 |
| June 2014 | 3.3% | £106,925 |
| June 2013 | -5% | £103,507 |
| June 2012 | -0.9% | £108,969 |
| June 2011 | -3.1% | £109,939 |
| June 2010 | 7.7% | £113,444 |
| June 2009 | -8.2% | £105,293 |
| June 2008 | -1.9% | £114,741 |
| June 2007 | 0% | £116,973 |
Rental Market Trends
The current average rental value in the postcode is £933.
The PO38 1AA Rental Market has increased by 47.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £933pcm |
| June 2025 | 3.2% | £896pcm |
| June 2024 | 7.3% | £869pcm |
| June 2023 | 7.4% | £809pcm |
| June 2022 | 10.6% | £754pcm |
| June 2021 | 5.1% | £681pcm |
| June 2020 | 1% | £648pcm |
| June 2019 | 2% | £641pcm |
| June 2018 | 1.7% | £629pcm |
| June 2017 | -2.6% | £618pcm |
| June 2016 | 6% | £635pcm |
| June 2015 | 4.8% | £599pcm |
| June 2014 | 6.3% | £571pcm |
| June 2013 | 1.6% | £537pcm |
| June 2012 | -1.2% | £529pcm |
| June 2011 | 5.4% | £535pcm |
| June 2010 | 6.4% | £507pcm |
| June 2009 | -3.5% | £477pcm |
| June 2008 | 2.7% | £494pcm |
| June 2007 | 0% | £481pcm |
Sales History
The last recorded sale was on 30th June 2025 for £167,500 and since then the market in the area has decreased by 3.1%.
PO38 1AA has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Jun 2025£167,500 | 3 Bed House29, Ocean View Road, Ventnor, PO38 1AA29, Ocean View Road, Ventnor, PO38 1AA
- Sold Aug 2023£155,000 | 3 Bed House11, Ocean View Road, Ventnor, PO38 1AA11, Ocean View Road, Ventnor, PO38 1AA
- Sold Jun 2023£165,000 | 2 Bed House15 The Ravens, Ocean View Road, Ventnor, PO38 1AA15 The Ravens, Ocean View Road, Ventnor, PO38 1AA
Nearby Postcodes
PO38 1AA is the 530th largest and the 50th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1DB, Bellevue Road, Ventnor, PO38PO38 1DB25 Addresses|89 m away
- PO38 1DA, Zig Zag Road, Ventnor, PO38PO38 1DA8 Addresses|128 m away
- PO38 1BZ, Zig Zag Road, Ventnor, PO38PO38 1BZ11 Addresses|151 m away
- PO38 1TS, Grove Road, Wroxall, Ventnor, PO38PO38 1TS16 Addresses|155 m away
- PO38 1TB, The Grove, Ventnor, PO38PO38 1TB7 Addresses|161 m away
Property Types
- 9 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 15 mid-century flats built between 1936 and 1979
- 6 other addresses of unknown type
- period house (9)
- period flat (2)
- mid-century flat (15)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 22 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (2)
- C (6)
- G (0)
- D (13)
- No EPC (10)
Top 3 Most Expensive Sales
- Sold Jun 2022£395,000 | 3 Bed House46, Ocean View Road, Ventnor, PO38 1AB46, Ocean View Road, Ventnor, PO38 1AB
- Sold Jun 2022£210,000 | 3 Bed House3, Ocean View Road, Ventnor, PO38 1AA3, Ocean View Road, Ventnor, PO38 1AA
- Sold Mar 2018£207,500 | 3 Bed House35, Ocean View Road, Ventnor, PO38 1AB35, Ocean View Road, Ventnor, PO38 1AB
Schools Nearby
- St Francis Catholic and Church of England Primary Academy800 m away
- Wroxall Primary School2.3 km away
- St Blasius Shanklin CofE Primary Academy4.1 km away
- The Island Free School700 m away
- Christ The King College12.9 km away
- Carisbrooke College13.3 km away
More reading links
Public Transport Nearby
The closest station to PO38 1AA is Shanklin station, which is 4.6 kilometres away.
- Shanklin|4.6 km away
- Lake|6.3 km away
- Sandown|7.5 km away
- Brading|10.4 km away