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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO38 1HEHouse Prices / South East, Isle of Wight, Market Street
Last updated May 2026
Key Postcode Insights
PO38 1HE is a residential postcode situated on Market Street, Ventnor, PO38 with 5 addresses.
It ranks as the 165th largest and 19th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 5 properties: 2 houses and 3 flats.
5
Properties
- Houses
- Flats
Key Postcode Insights
PO38 1HE is a residential postcode situated on Market Street, Ventnor, PO38 with 5 addresses.
It ranks as the 165th largest and 19th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 5 properties: 2 houses and 3 flats.
5
Properties
- Houses
- Flats
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House Pricesin PO38 1HE
Sale prices range from £74,071 for 2 bedroom leasehold flats with a garden (505 ft2) to £139,048 for 3 bedroom freehold houses with a garden (785 ft2) .
Monthly rental prices range from £570 pcm for 2 bed flats to £860 pcm for 3 bed houses.
The gross rental yield is between 7.0% and 9.2%.
The average value per square foot is £177.
Average Sale Value
£113,063
Average Rental Value
£730 pcm
Average Rental Yield
7.7% /year
Average Value Per Sqft
£177 /ft2
Sales Market Trendsin PO38 1HE
The last sale in PO38 1HE sold for £145,000 on 24th January 2025. Since then prices are down an average of 4.0%.
The current average value in the postcode is £113,063.
The PO38 1HE Sales Market has increased by 31.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.7% | £113,063 |
| April 2025 | 2.3% | £118,693 |
| April 2024 | -9% | £115,992 |
| April 2023 | 6.1% | £127,400 |
| April 2022 | 7% | £120,075 |
| April 2021 | 8.6% | £112,264 |
| April 2020 | 7.9% | £103,331 |
| April 2019 | 6.9% | £95,738 |
| April 2018 | 2.6% | £89,570 |
| April 2017 | 1.5% | £87,325 |
| April 2016 | 4.8% | £85,993 |
| April 2015 | 2.8% | £82,074 |
| April 2014 | 5.2% | £79,816 |
| April 2013 | -6.1% | £75,847 |
| April 2012 | -2.4% | £80,803 |
| April 2011 | -1.3% | £82,812 |
| April 2010 | 6% | £83,864 |
| April 2009 | -10.3% | £79,101 |
| April 2008 | 0% | £88,185 |
| April 2007 | 0% | £88,177 |
Rental Market Trendsin PO38 1HE
The current average rental value in the postcode is £730.
The PO38 1HE Rental Market has increased by 49.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.3% | £730pcm |
| April 2025 | 3.9% | £694pcm |
| April 2024 | 7.7% | £668pcm |
| April 2023 | 7.4% | £620pcm |
| April 2022 | 10.4% | £577pcm |
| April 2021 | 3.6% | £523pcm |
| April 2020 | 2.5% | £505pcm |
| April 2019 | 2.1% | £493pcm |
| April 2018 | -0.3% | £483pcm |
| April 2017 | -1% | £484pcm |
| April 2016 | 6.1% | £489pcm |
| April 2015 | 3.8% | £461pcm |
| April 2014 | 5.4% | £444pcm |
| April 2013 | 2% | £422pcm |
| April 2012 | -1.7% | £413pcm |
| April 2011 | 5.6% | £420pcm |
| April 2010 | 4.2% | £398pcm |
| April 2009 | -2.8% | £382pcm |
| April 2008 | 2.4% | £393pcm |
| April 2007 | 0% | £384pcm |
Properties and Buildingsin PO38 1HE, Market Street, Ventnor, PO38
Sales Historyin PO38 1HE
The last sale was on 24th January 2025 for £145,000 and since then the market in the area has decreased by 4.0%. The postcode has had a total of 2 sales since 1995.
PO38 1HE has seen 1 sale in the last three years and no sales in the last twelve months.
Nearby Postcodesto PO38 1HE
PO38 1HE is the 165th largest and the 19th most expensive postcode out of the 577 postcodes in the PO38 area.
- 29 mPO38 1HD, Pound Lane, Ventnor, PO38PO38 1HD4 Addresses
- 32 mPO38 1HF, Market Street, Ventnor, PO38PO38 1HF20 Addresses
- 34 mPO38 1HY, Pound Lane, Ventnor, PO38PO38 1HY11 Addresses
- 42 mPO38 1HA, Pound Lane, Ventnor, PO38PO38 1HA3 Addresses
- 48 mPO38 1LT, High Street, Ventnor, PO38PO38 1LT14 Addresses
- 66 mPO38 1JG, Albert Street, Ventnor, PO38PO38 1JG12 Addresses
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Property Typesin PO38 1HE
- 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 Efficiencyof properties in PO38 1HE
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (3)
Schools Nearbyto PO38 1HE
The nearest primary school to PO38 1HE is St Francis Catholic and Church of England Primary Academy which is 1.3 kilometres away.
- 1.3kmSt Francis Catholic and Church of England Primary Academy
- 2.7kmWroxall Primary School
- 4.1kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 1.2 kilometres away.
- 1.2kmThe Island Free School
- 13.3kmChrist The King College
- 13.8kmCarisbrooke College
More reading links
Public Transport Nearbyto PO38 1HE
The closest station to PO38 1HE is Shanklin station which is 4.6 kilometres away.
- 4.6kmShanklin
- 6.3kmLake
- 7.4kmSandown
- 10.3kmBrading
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