Wheelers Bay Road - PO38 1HR
Key Postcode Insights
PO38 1HR is a residential postcode situated on Wheelers Bay Road, Ventnor, PO38 with 21 addresses.
It ranks as the 468th largest and 219th most expensive of the 576 postcodes in the PO38 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 21 properties: 18 flats and 3 other properties.
- Ave. Sale Price
- £238,426
- 10 Year change
- up 26.6%
- Ave. Rental Price
- £1,155pcm
- 10 Year change
- up 43.3%
- Ave. £ per ft²
- £468/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
PO38 1HR is a residential postcode situated on Wheelers Bay Road, Ventnor, PO38 with 21 addresses.
It ranks as the 468th largest and 219th most expensive of the 576 postcodes in the PO38 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 21 properties: 18 flats and 3 other properties.
- Ave. Sale Price
- £238,426
- 10 Year change
- up 26.6%
- Ave. Rental Price
- £1,155pcm
- 10 Year change
- up 43.3%
- Ave. £ per ft²
- £468/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Properties in PO38 1HR
- Bay House
Building | 3 Flats
- Clifton
House
- Sea Haze
House
- Ventnor Villas
Mid-century Building | 15 Units
- Zafer Burnu
House
Sales Market Trends
The last sale in PO38 1HR sold for £239,000 on 30th November 2017. Since then prices are up an average of 25.5%.
The current average value in the postcode is £238,426.
The PO38 1HR Sales Market has increased by 26.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.8% | £238,426 |
| June 2025 | 1.7% | £247,745 |
| June 2024 | -8.1% | £243,508 |
| June 2023 | 1.5% | £264,840 |
| June 2022 | 8.8% | £261,037 |
| June 2021 | 7.5% | £239,962 |
| June 2020 | 9.8% | £223,199 |
| June 2019 | 6.1% | £203,337 |
| June 2018 | 2.1% | £191,624 |
| June 2017 | -0.3% | £187,751 |
| June 2016 | 7.4% | £188,401 |
| June 2015 | 3.7% | £175,386 |
| June 2014 | 3.1% | £169,142 |
| June 2013 | -4.9% | £164,038 |
| June 2012 | -1.1% | £172,536 |
| June 2011 | -3.3% | £174,412 |
| June 2010 | 7.7% | £180,432 |
| June 2009 | -7.9% | £167,589 |
| June 2008 | -1.7% | £181,998 |
| June 2007 | 0% | £185,237 |
Rental Market Trends
The current average rental value in the postcode is £1,155.
The PO38 1HR Rental Market has increased by 43.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.7% | £1,155pcm |
| June 2025 | 2.7% | £1,114pcm |
| June 2024 | 7.7% | £1,084pcm |
| June 2023 | 7.4% | £1,006pcm |
| June 2022 | 9.6% | £937pcm |
| June 2021 | 4.9% | £854pcm |
| June 2020 | 1% | £814pcm |
| June 2019 | 2% | £806pcm |
| June 2018 | 1% | £790pcm |
| June 2017 | -2.9% | £783pcm |
| June 2016 | 5.7% | £806pcm |
| June 2015 | 4.7% | £763pcm |
| June 2014 | 6.1% | £729pcm |
| June 2013 | 1.6% | £687pcm |
| June 2012 | -1.3% | £676pcm |
| June 2011 | 5.1% | £685pcm |
| June 2010 | 6.4% | £652pcm |
| June 2009 | -3.1% | £613pcm |
| June 2008 | 2.8% | £633pcm |
| June 2007 | 0% | £615pcm |
Sales History
The last recorded sale was on 30th November 2017 for £239,000 and since then the market in the area has increased by 25.5%.
PO38 1HR has had 3 sales since 1995, none of them in the last three years.
- Sold Nov 2017£239,000 | 2 Bed FlatFlat 2, Bay House, Wheelers Bay Road, Ventnor, PO38 1HRFlat 2, Bay House, Wheelers Bay Road, Ventnor, PO38 1HR
- Sold Jul 2002£110,000 | 3 Bed FlatFlat 1, Bay House, Wheelers Bay Road, Ventnor, PO38 1HRFlat 1, Bay House, Wheelers Bay Road, Ventnor, PO38 1HR
- Sold Mar 1995£54,500 | 3 Bed HouseSea Haze, Wheelers Bay Road, Ventnor, PO38 1HRSea Haze, Wheelers Bay Road, Ventnor, PO38 1HR
Nearby Postcodes
PO38 1HR is the 468th largest and the 219th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1HS, St. Catherines View, Cowlease, Ventnor, PO38PO38 1HS10 Addresses|97 m away
- PO38 1HQ, St. Catherines Place, Cowlease, Ventnor, PO38PO38 1HQ14 Addresses|108 m away
- PO38 1HU, Wheelers Bay Road, Ventnor, PO38PO38 1HU12 Addresses|112 m away
- PO38 1ER, Dudley Road, Ventnor, PO38PO38 1ER11 Addresses|118 m away
- PO38 1HT, Beaconsfield Road, Ventnor, PO38PO38 1HT3 Addresses|138 m away
Property Types
- 18 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century flat (18)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 9 properties.
- The most common rating is G.
- A (0)
- E (0)
- B (0)
- F (2)
- C (1)
- G (4)
- D (2)
- No EPC (12)
Top 3 Most Expensive Sales
- Sold Nov 2017£239,000 | 2 Bed FlatFlat 2, Bay House, Wheelers Bay Road, Ventnor, PO38 1HRFlat 2, Bay House, Wheelers Bay Road, Ventnor, PO38 1HR
- Sold Apr 2022£225,000 | 2 Bed FlatFlat 3, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HUFlat 3, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
- Sold Aug 2010£185,000 | 2 Bed FlatFlat 8, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HUFlat 8, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Schools Nearby
- St Francis Catholic and Church of England Primary Academy1.7 km away
- Wroxall Primary School3.0 km away
- St Blasius Shanklin CofE Primary Academy4.1 km away
- The Island Free School1.5 km away
- Christ The King College13.6 km away
- Carisbrooke College14.1 km away
More reading links
Public Transport Nearby
The closest station to PO38 1HR 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
