PO38 1FD is a residential postcode situated on Madeira Road, Ventnor, PO38 with 12 addresses.
It ranks as the 359th largest and 89th most expensive of the 577 postcodes in the PO38 area.
The postcode contains a total of 12 properties: 2 houses and 10 flats.
PO38 1FD is a residential postcode situated on Madeira Road, Ventnor, PO38 with 12 addresses.
It ranks as the 359th largest and 89th most expensive of the 577 postcodes in the PO38 area.
The postcode contains a total of 12 properties: 2 houses and 10 flats.
Sale prices range from £144,382 for 2 bedroom leasehold flats (538 ft2) to £276,806 for 3 bedroom freehold houses with a garden (1,208 ft2) .
Monthly rental prices range from £858 pcm for 2 bed flats to £1,381 pcm for 3 bed houses.
The gross rental yield is between 5.9% and 7.1%.
The average value per square foot is £216.
The last sale in PO38 1FD sold for £140,000 on 14th May 2025. Since then prices are down an average of 6.2%.
The current average value in the postcode is £199,512.
The PO38 1FD Sales Market has increased by 24.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.8% | £199,512 |
| April 2025 | 2% | £211,726 |
| April 2024 | -8.8% | £207,649 |
| April 2023 | 5.8% | £227,638 |
| April 2022 | 5.9% | £215,209 |
| April 2021 | 8.5% | £203,156 |
| April 2020 | 6.8% | £187,260 |
| April 2019 | 6.9% | £175,369 |
| April 2018 | 1.3% | £164,046 |
| April 2017 | 0.8% | £161,935 |
| April 2016 | 4.9% | £160,611 |
| April 2015 | 2.6% | £153,181 |
| April 2014 | 5.4% | £149,261 |
| April 2013 | -6.3% | £141,620 |
| April 2012 | -2.3% | £151,119 |
| April 2011 | -1.6% | £154,698 |
| April 2010 | 5.9% | £157,186 |
| April 2009 | -9.5% | £148,475 |
| April 2008 | 0.2% | £164,039 |
| April 2007 | 0% | £163,650 |
The current average rental value in the postcode is £1,058.
The PO38 1FD Rental Market has increased by 41.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.1% | £1,058pcm |
| April 2025 | 3.6% | £1,017pcm |
| April 2024 | 7.8% | £981pcm |
| April 2023 | 7% | £910pcm |
| April 2022 | 9.3% | £851pcm |
| April 2021 | 3.5% | £778pcm |
| April 2020 | 1.5% | £752pcm |
| April 2019 | 2.2% | £742pcm |
| April 2018 | -1.5% | £725pcm |
| April 2017 | -1.7% | £736pcm |
| April 2016 | 6.2% | £749pcm |
| April 2015 | 3.7% | £706pcm |
| April 2014 | 5.4% | £681pcm |
| April 2013 | 1.7% | £646pcm |
| April 2012 | -1.5% | £635pcm |
| April 2011 | 5.1% | £645pcm |
| April 2010 | 4.1% | £614pcm |
| April 2009 | -1.9% | £590pcm |
| April 2008 | 2.7% | £601pcm |
| April 2007 | 0% | £585pcm |
The last sale was on 14th May 2025 for £140,000 and since then the market in the area has decreased by 6.2%. The postcode has had a total of 16 sales since 1995.
PO38 1FD has seen 2 sales in the last three years and no sales in the last twelve months.
PO38 1FD is the 359th largest and the 89th most expensive postcode out of the 577 postcodes in the PO38 area.
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The closest station to PO38 1FD is Shanklin station which is 4.3 kilometres away.
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