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PO38 1BNHouse Prices / South East, Isle of Wight, South Street
Last updated May 2026
Key Postcode Insights
PO38 1BN is a residential postcode situated on South Street, Ventnor, PO38 with 5 addresses.
It ranks as the 161st largest and 14th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 5 properties: 5 flats.
5
Properties
- Flats
Key Postcode Insights
PO38 1BN is a residential postcode situated on South Street, Ventnor, PO38 with 5 addresses.
It ranks as the 161st largest and 14th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 5 properties: 5 flats.
5
Properties
- Flats
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House Pricesin PO38 1BN
Sale prices range from £112,582 for 2 bedroom leasehold flats (409 ft2) to £147,084 for 2 bedroom leasehold flats (713 ft2) .
Monthly rental prices range from £779 pcm for 2 bed flats to £909 pcm for 2 bed flats.
The gross rental yield is between 7.4% and 8.3%.
The average value per square foot is £242.
Average Sale Value
£130,158
Average Rental Value
£851 pcm
Average Rental Yield
7.8% /year
Average Value Per Sqft
£242 /ft2
Sales Market Trendsin PO38 1BN
The last sale in PO38 1BN sold for £140,000 on 20th June 2025. Since then prices are down an average of 5.3%.
The current average value in the postcode is £130,158.
The PO38 1BN Sales Market has increased by 20.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -6.4% | £130,158 |
| April 2025 | 1.4% | £139,010 |
| April 2024 | -8% | £137,116 |
| April 2023 | 5.3% | £149,030 |
| April 2022 | 4.5% | £141,571 |
| April 2021 | 7.6% | £135,455 |
| April 2020 | 8.5% | £125,867 |
| April 2019 | 6.1% | £115,972 |
| April 2018 | 0.6% | £109,254 |
| April 2017 | 0.3% | £108,649 |
| April 2016 | 3.6% | £108,277 |
| April 2015 | 2.2% | £104,534 |
| April 2014 | 4.7% | £102,324 |
| April 2013 | -6.6% | £97,739 |
| April 2012 | -3.3% | £104,643 |
| April 2011 | -1.8% | £108,259 |
| April 2010 | 4.9% | £110,191 |
| April 2009 | -10.4% | £105,038 |
| April 2008 | -0.8% | £117,176 |
| April 2007 | 0% | £118,099 |
Rental Market Trendsin PO38 1BN
The current average rental value in the postcode is £851.
The PO38 1BN Rental Market has increased by 36.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £851pcm |
| April 2025 | 2.9% | £822pcm |
| April 2024 | 8.9% | £799pcm |
| April 2023 | 6.5% | £734pcm |
| April 2022 | 7.9% | £689pcm |
| April 2021 | 2.6% | £639pcm |
| April 2020 | 3% | £622pcm |
| April 2019 | 1.4% | £604pcm |
| April 2018 | -2.2% | £596pcm |
| April 2017 | -2.2% | £609pcm |
| April 2016 | 4.9% | £623pcm |
| April 2015 | 3.1% | £594pcm |
| April 2014 | 4.8% | £576pcm |
| April 2013 | 1.5% | £550pcm |
| April 2012 | -2.6% | £541pcm |
| April 2011 | 5% | £556pcm |
| April 2010 | 3.1% | £530pcm |
| April 2009 | -2.8% | £514pcm |
| April 2008 | 1.6% | £529pcm |
| April 2007 | 0% | £520pcm |
Explore Buildingsin PO38 1BN, South Street, Ventnor, PO38
Sales Historyin PO38 1BN
The last sale was on 20th June 2025 for £140,000 and since then the market in the area has decreased by 5.3%. The postcode has had a total of 13 sales since 1995.
PO38 1BN has seen 2 sales in the last three years and 1 sale in the last twelve months.
Sold Jun 2025£140,000 | 2 Bed FlatOliver Court 43, South StreetFlat 4, Oliver Court 43, South Street, Ventnor, PO38 1BN
Sold Feb 2025£138,500 | 2 Bed FlatOliver Court 43, South StreetFlat 3, Oliver Court 43, South Street, Ventnor, PO38 1BN
Sold Nov 2021£119,000 | 2 Bed FlatOliver Court 43, South StreetFlat 5, Oliver Court 43, South Street, Ventnor, PO38 1BN
Sold May 2021£141,500 | 2 Bed FlatOliver Court 43, South StreetFlat 2, Oliver Court 43, South Street, Ventnor, PO38 1BN
Sold Mar 2018£130,000 | 2 Bed FlatOliver Court 43, South StreetFlat 2, Oliver Court 43, South Street, Ventnor, PO38 1BN
Sold Aug 2017£96,000 | 2 Bed FlatOliver Court 43, South StreetFlat 5, Oliver Court 43, South Street, Ventnor, PO38 1BN
Sold Aug 2015£118,000 | 2 Bed FlatOliver Court 43, South StreetFlat 1, Oliver Court 43, South Street, Ventnor, PO38 1BN
Sold Jun 2014£100,000 | 2 Bed FlatOliver Court 43, South StreetFlat 3, Oliver Court 43, South Street, Ventnor, PO38 1BN
Sold Dec 2013£98,500 | 2 Bed FlatOliver Court 43, South StreetFlat 2, Oliver Court 43, South Street, Ventnor, PO38 1BN
Sold Jan 2013£82,000 | 2 Bed FlatOliver Court 43, South StreetFlat 5, Oliver Court 43, South Street, Ventnor, PO38 1BN
Sold Jul 2012£100,000 | 2 Bed FlatOliver Court 43, South StreetFlat 4, Oliver Court 43, South Street, Ventnor, PO38 1BN
Sold Jun 2008£128,300 | 2 Bed FlatOliver Court 43, South StreetFlat 1, Oliver Court 43, South Street, Ventnor, PO38 1BN
Sold May 2008£131,000 | 2 Bed FlatOliver Court 43, South StreetFlat 3, Oliver Court 43, South Street, Ventnor, PO38 1BN
Nearby Postcodesto PO38 1BN
PO38 1BN is the 161st largest and the 14th most expensive postcode out of the 577 postcodes in the PO38 area.
- 38 mPO38 1ND, East Street, Ventnor, PO38PO38 1ND3 Addresses
- 39 mPO38 1NJ, North Street, Ventnor, PO38PO38 1NJ32 Addresses
- 39 mPO38 1NG, South Street, Ventnor, PO38PO38 1NG60 Addresses
- 42 mPO38 1NZ, South Street, Ventnor, PO38PO38 1NZ9 Addresses
- 69 mPO38 1HG, St. Catherine Street, Ventnor, PO38PO38 1HG44 Addresses
- 74 mPO38 1NE, Clarence Road, Ventnor, PO38PO38 1NE27 Addresses
Estate Agents active nearby!
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Property Typesin PO38 1BN
- 5 modern flats built after 1980
- modern flat (5)
Energy Efficiencyof properties in PO38 1BN
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is B.
- A (0)
- E (0)
- B (2)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (1)
Schools Nearbyto PO38 1BN
The nearest primary school to PO38 1BN is St Francis Catholic and Church of England Primary Academy which is 1.6 kilometres away.
- 1.6kmSt Francis Catholic and Church of England Primary Academy
- 2.8kmWroxall Primary School
- 3.9kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 1.4 kilometres away.
- 1.4kmThe Island Free School
- 13.4kmChrist The King College
- 13.9kmCarisbrooke College
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Public Transport Nearbyto PO38 1BN
The closest station to PO38 1BN is Shanklin station which is 4.4 kilometres away.
- 4.4kmShanklin
- 6.1kmLake
- 7.3kmSandown
- 10.1kmBrading