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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO38 1HPHouse Prices / South East, Isle of Wight, Wheelers Bay
Last updated May 2026
Key Postcode Insights
PO38 1HP is a residential postcode situated on Wheelers Bay, Ventnor, PO38 with 7 addresses.
It ranks as the 229th largest and 381st most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
Key Postcode Insights
PO38 1HP is a residential postcode situated on Wheelers Bay, Ventnor, PO38 with 7 addresses.
It ranks as the 229th largest and 381st most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 7 properties: 7 houses.
7
Properties
- Houses
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House Pricesin PO38 1HP
Sale prices range from £208,723 for 2 bedroom freehold houses with a garden (582 ft2) to £634,013 for 4 bedroom leasehold houses with a garden (1,829 ft2) .
Monthly rental prices range from £1,003 pcm for 2 bed houses to £1,636 pcm for 4 bed houses.
The gross rental yield is between 3.1% and 6.4%.
The average value per square foot is £424.
Average Sale Value
£412,133
Average Rental Value
£1,255 pcm
Average Rental Yield
3.7% /year
Average Value Per Sqft
£424 /ft2
Sales Market Trendsin PO38 1HP
The last sale in PO38 1HP sold for £330,000 on 16th January 2012. Since then prices are up an average of 51.9%.
The current average value in the postcode is £412,133.
The PO38 1HP Sales Market has increased by 36.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5% | £412,133 |
| April 2025 | 2.8% | £434,049 |
| April 2024 | -10.1% | £422,057 |
| April 2023 | 6.8% | £469,250 |
| April 2022 | 8.6% | £439,298 |
| April 2021 | 10.2% | £404,533 |
| April 2020 | 6.8% | £366,995 |
| April 2019 | 7.4% | £343,718 |
| April 2018 | 3.4% | £320,079 |
| April 2017 | 2.7% | £309,558 |
| April 2016 | 5.8% | £301,398 |
| April 2015 | 3.5% | £284,874 |
| April 2014 | 5.7% | £275,316 |
| April 2013 | -5.4% | £260,378 |
| April 2012 | -1.3% | £275,172 |
| April 2011 | -0.5% | £278,875 |
| April 2010 | 7.2% | £280,273 |
| April 2009 | -9.9% | £261,555 |
| April 2008 | 1.3% | £290,245 |
| April 2007 | 0% | £286,572 |
Rental Market Trendsin PO38 1HP
The current average rental value in the postcode is £1,255.
The PO38 1HP Rental Market has increased by 55.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.9% | £1,255pcm |
| April 2025 | 4.4% | £1,196pcm |
| April 2024 | 6.4% | £1,146pcm |
| April 2023 | 8.1% | £1,076pcm |
| April 2022 | 12.1% | £996pcm |
| April 2021 | 5.1% | £888pcm |
| April 2020 | 1.4% | £846pcm |
| April 2019 | 2.6% | £834pcm |
| April 2018 | 0.5% | £813pcm |
| April 2017 | 0.1% | £809pcm |
| April 2016 | 7.1% | £808pcm |
| April 2015 | 4.4% | £754pcm |
| April 2014 | 5.9% | £722pcm |
| April 2013 | 2.9% | £682pcm |
| April 2012 | -0.6% | £663pcm |
| April 2011 | 6.4% | £668pcm |
| April 2010 | 5.3% | £628pcm |
| April 2009 | -2.3% | £596pcm |
| April 2008 | 3.7% | £610pcm |
| April 2007 | 0% | £588pcm |
Explore Propertiesin PO38 1HP, Wheelers Bay, Ventnor, PO38
- Bay Cottage, Wheelers Bay, Ventnor, PO38 1HP3 bed period house
- Cliff Cottage, Wheelers Bay, Ventnor, PO38 1HP
- Fishermans Loft, Wheelers Bay, Ventnor, PO38 1HP2 bed period house
- Grenville, Wheelers Bay, Ventnor, PO38 1HP4 bed period house
- Highport Cottage, Wheelers Bay, Ventnor, PO38 1HP
- Seagate Cottage, Wheelers Bay, Ventnor, PO38 1HP4 bed house
- Seagate Lodge, Wheelers Bay, Ventnor, PO38 1HP2 bed house
Sales Historyin PO38 1HP
The last sale was on 16th January 2012 for £330,000 and since then the market in the area has increased by 51.9%. The postcode has had a total of 6 sales since 1995.
PO38 1HP has seen no sales in the last three years and no sales in the last twelve months.
Sold Jan 2012£330,000 | 3 Bed HouseWheelers BayBay Cottage, Wheelers Bay, Ventnor, PO38 1HP
Sold Mar 2009£260,000 | 3 Bed HouseWheelers BayBay Cottage, Wheelers Bay, Ventnor, PO38 1HP
Sold Jan 2007£427,500 | 4 Bed HouseWheelers BaySeagate Cottage, Wheelers Bay, Ventnor, PO38 1HP
Sold Jan 2007£140,000 | 2 Bed HouseWheelers BaySeagate Lodge, Wheelers Bay, Ventnor, PO38 1HP
Sold Oct 2004£170,000 | 3 Bed HouseWheelers BayCliff Cottage, Wheelers Bay, Ventnor, PO38 1HP
Sold Dec 1997£150,000 | 4 Bed HouseWheelers BaySeagate Cottage, Wheelers Bay, Ventnor, PO38 1HP
Nearby Postcodesto PO38 1HP
PO38 1HP is the 229th largest and the 381st most expensive postcode out of the 577 postcodes in the PO38 area.
- 59 mPO38 1HL, Beaconsfield Road, Ventnor, PO38PO38 1HL4 Addresses
- 71 mPO38 1HJ, Beaconsfield Road, Ventnor, PO38PO38 1HJ3 Addresses
- 80 mPO38 1HH, Beaconsfield Road, Ventnor, PO38PO38 1HH2 Addresses
- 81 mPO38 1HT, Beaconsfield Road, Ventnor, PO38PO38 1HT3 Addresses
- 86 mPO38 1HN, St. Catherine Street, Ventnor, PO38PO38 1HN11 Addresses
- 90 mPO38 1HW, Madeira Road, Ventnor, PO38PO38 1HW6 Addresses
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Property Typesin PO38 1HP
- 3 period houses built between 1800 and 1911
- 2 houses of an unknown age
- 2 other addresses of unknown type
- period house (3)
- house (2)
- Unknown (2)
Energy Efficiencyof properties in PO38 1HP
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (0)
- D (1)
- No EPC (4)
Top 3 Most Expensive Saleson Wheelers Bay
Schools Nearbyto PO38 1HP
The nearest primary school to PO38 1HP is St Francis Catholic and Church of England Primary Academy which is 1.8 kilometres away.
- 1.8kmSt Francis Catholic and Church of England Primary Academy
- 2.9kmWroxall Primary School
- 4.0kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 1.6 kilometres away.
- 1.6kmThe Island Free School
- 13.6kmChrist The King College
- 14.1kmCarisbrooke College
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Public Transport Nearbyto PO38 1HP
The closest station to PO38 1HP is Shanklin station which is 4.5 kilometres away.
- 4.5kmShanklin
- 6.1kmLake
- 7.3kmSandown
- 10.1kmBrading
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