Market Street - PO38 1HE
Key Postcode Insights
PO38 1HE is a residential postcode situated on Market Street, Ventnor, PO38 with 5 addresses.
It ranks as the 163rd largest and 15th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 5 properties: 2 houses, 1 flat and 2 other properties.
- Ave. Sale Price
- £140,525
- 10 Year change
- up 26.7%
- Ave. Rental Price
- £863pcm
- 10 Year change
- up 43.4%
- Ave. £ per ft²
- £179/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Key Postcode Insights
PO38 1HE is a residential postcode situated on Market Street, Ventnor, PO38 with 5 addresses.
It ranks as the 163rd largest and 15th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 5 properties: 2 houses, 1 flat and 2 other properties.
- Ave. Sale Price
- £140,525
- 10 Year change
- up 26.7%
- Ave. Rental Price
- £863pcm
- 10 Year change
- up 43.4%
- Ave. £ per ft²
- £179/ft²
- Ave. Gross Yield
- 7.4%/year/yr
Explore Properties in PO38 1HE
- The Garden Flat
2 Bed Period Flat
- 1 Market Street
3 Bed House
- 2 Market Street
3 Bed Period House
- 3 Market Street
Building | 2 Flats
Sales Market Trends
The last sale in PO38 1HE sold for £145,000 on 24th January 2025. Since then prices are down an average of 3.3%.
The current average value in the postcode is £140,525.
The PO38 1HE Sales Market has increased by 26.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.9% | £140,525 |
| June 2025 | 1.7% | £146,173 |
| June 2024 | -7.6% | £143,744 |
| June 2023 | 1.7% | £155,639 |
| June 2022 | 8.4% | £153,009 |
| June 2021 | 6.8% | £141,181 |
| June 2020 | 10.4% | £132,198 |
| June 2019 | 6.2% | £119,732 |
| June 2018 | 2.3% | £112,746 |
| June 2017 | -0.7% | £110,166 |
| June 2016 | 7.1% | £110,937 |
| June 2015 | 3.4% | £103,602 |
| June 2014 | 3.1% | £100,236 |
| June 2013 | -5.2% | £97,244 |
| June 2012 | -1.3% | £102,615 |
| June 2011 | -3.3% | £104,009 |
| June 2010 | 7.1% | £107,585 |
| June 2009 | -8% | £100,494 |
| June 2008 | -1.8% | £109,216 |
| June 2007 | 0% | £111,250 |
Rental Market Trends
The current average rental value in the postcode is £863.
The PO38 1HE Rental Market has increased by 43.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.6% | £863pcm |
| June 2025 | 2.7% | £832pcm |
| June 2024 | 8.2% | £811pcm |
| June 2023 | 7.7% | £749pcm |
| June 2022 | 9.2% | £696pcm |
| June 2021 | 4.2% | £637pcm |
| June 2020 | 1.6% | £611pcm |
| June 2019 | 2.1% | £602pcm |
| June 2018 | 1.2% | £589pcm |
| June 2017 | -3.2% | £582pcm |
| June 2016 | 5.3% | £601pcm |
| June 2015 | 4.4% | £571pcm |
| June 2014 | 6.1% | £547pcm |
| June 2013 | 1.3% | £516pcm |
| June 2012 | -1.6% | £509pcm |
| June 2011 | 5.1% | £518pcm |
| June 2010 | 5.8% | £492pcm |
| June 2009 | -3.2% | £466pcm |
| June 2008 | 2.8% | £481pcm |
| June 2007 | 0% | £468pcm |
Sales History
The last recorded sale was on 24th January 2025 for £145,000 and since then the market in the area has decreased by 3.3%.
PO38 1HE has had 2 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Jan 2025£145,000 | 3 Bed House2, Market Street, Ventnor, PO38 1HE2, Market Street, Ventnor, PO38 1HE
- Sold Feb 2008£132,500 | 3 Bed House1, Market Street, Ventnor, PO38 1HE1, Market Street, Ventnor, PO38 1HE
Nearby Postcodes
PO38 1HE is the 163rd largest and the 15th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1HD, Pound Lane, Ventnor, PO38PO38 1HD4 Addresses|29 m away
- PO38 1HF, Market Street, Ventnor, PO38PO38 1HF20 Addresses|32 m away
- PO38 1HY, Pound Lane, Ventnor, PO38PO38 1HY11 Addresses|34 m away
- PO38 1HA, Pound Lane, Ventnor, PO38PO38 1HA3 Addresses|42 m away
- PO38 1LT, High Street, Whitwell, Ventnor, PO38PO38 1LT14 Addresses|48 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 period flat built between 1800 and 1911
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (1)
- period flat (1)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Apr 2022£162,000 | 2 Bed Flat5A, Market Street, Ventnor, PO38 1HF5A, Market Street, Ventnor, PO38 1HF
- Sold Aug 2007£145,000 | 3 Bed House6, Market Street, Ventnor, PO38 1HF6, Market Street, Ventnor, PO38 1HF
- Sold Jan 2025£145,000 | 3 Bed House2, Market Street, Ventnor, PO38 1HE2, Market Street, Ventnor, PO38 1HE
Schools Nearby
- St Francis Catholic and Church of England Primary Academy1.3 km away
- Wroxall Primary School2.7 km away
- St Blasius Shanklin CofE Primary Academy4.1 km away
- The Island Free School1.2 km away
- Christ The King College13.3 km away
- Carisbrooke College13.8 km away
More reading links
Public Transport Nearby
The closest station to PO38 1HE is Shanklin station, which is 4.6 kilometres away.
- Shanklin|4.6 km away
- Lake|6.3 km away
- Sandown|7.4 km away
- Brading|10.3 km away
