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Bricks&Logic is a trading name of Urban Markets Ltd
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO38 1HRHouse Prices / South East, Isle of Wight, Wheelers Bay Road
Last updated May 2026
Key Postcode Insights
PO38 1HR is a residential postcode situated on Wheelers Bay Road, Ventnor, PO38 with 21 addresses.
It ranks as the 469th largest and 224th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 21 properties: 10 houses and 11 flats.
21
Properties
- Houses
- Flats
Key Postcode Insights
PO38 1HR is a residential postcode situated on Wheelers Bay Road, Ventnor, PO38 with 21 addresses.
It ranks as the 469th largest and 224th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 21 properties: 10 houses and 11 flats.
21
Properties
- Houses
- Flats
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House Pricesin PO38 1HR
Sale prices range from £138,062 for 2 bedroom leasehold flats (430 ft2) to £371,269 for 3 bedroom leasehold flats (947 ft2) .
Monthly rental prices range from £852 pcm for 2 bed flats to £1,458 pcm for 3 bed flats.
The gross rental yield is between 4.7% and 7.4%.
The average value per square foot is £458.
Average Sale Value
£235,406
Average Rental Value
£1,066 pcm
Average Rental Yield
5.4% /year
Average Value Per Sqft
£458 /ft2
Sales Market Trendsin PO38 1HR
The last sale in PO38 1HR sold for £239,000 on 30th November 2017. Since then prices are up an average of 23.7%.
The current average value in the postcode is £235,406.
The PO38 1HR Sales Market has increased by 28.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.4% | £235,406 |
| April 2025 | 2.3% | £248,804 |
| April 2024 | -9.2% | £243,248 |
| April 2023 | 6% | £267,968 |
| April 2022 | 6.8% | £252,754 |
| April 2021 | 8.8% | £236,669 |
| April 2020 | 7.1% | £217,509 |
| April 2019 | 7% | £203,050 |
| April 2018 | 2% | £189,747 |
| April 2017 | 1.3% | £186,013 |
| April 2016 | 4.9% | £183,576 |
| April 2015 | 3% | £175,034 |
| April 2014 | 5.4% | £169,997 |
| April 2013 | -6.2% | £161,286 |
| April 2012 | -2.2% | £172,036 |
| April 2011 | -1.4% | £175,957 |
| April 2010 | 6.2% | £178,378 |
| April 2009 | -9.9% | £168,017 |
| April 2008 | 0.2% | £186,577 |
| April 2007 | 0% | £186,158 |
Rental Market Trendsin PO38 1HR
The current average rental value in the postcode is £1,066.
The PO38 1HR Rental Market has increased by 45.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.6% | £1,066pcm |
| April 2025 | 3.8% | £1,019pcm |
| April 2024 | 7.4% | £982pcm |
| April 2023 | 7.3% | £914pcm |
| April 2022 | 10.2% | £852pcm |
| April 2021 | 3.7% | £773pcm |
| April 2020 | 1.7% | £745pcm |
| April 2019 | 2.2% | £733pcm |
| April 2018 | -0.8% | £717pcm |
| April 2017 | -1.2% | £723pcm |
| April 2016 | 6.2% | £732pcm |
| April 2015 | 3.9% | £689pcm |
| April 2014 | 5.5% | £663pcm |
| April 2013 | 1.9% | £628pcm |
| April 2012 | -1.5% | £617pcm |
| April 2011 | 5.4% | £626pcm |
| April 2010 | 4.3% | £594pcm |
| April 2009 | -2.4% | £569pcm |
| April 2008 | 2.7% | £583pcm |
| April 2007 | 0% | £568pcm |
Properties and Buildingsin PO38 1HR, Wheelers Bay Road, Ventnor, PO38
Sales Historyin PO38 1HR
The last sale was on 30th November 2017 for £239,000 and since then the market in the area has increased by 23.7%. The postcode has had a total of 3 sales since 1995.
PO38 1HR has seen no sales in the last three years and no sales in the last twelve months.
Sold Nov 2017£239,000 | 2 Bed FlatBay House, Wheelers Bay RoadFlat 2, Bay House, Wheelers Bay Road, Ventnor, PO38 1HR
Sold Jul 2002£110,000 | 3 Bed FlatBay House, Wheelers Bay RoadFlat 1, Bay House, Wheelers Bay Road, Ventnor, PO38 1HR
Sold Mar 1995£54,500 | 3 Bed HouseWheelers Bay RoadSea Haze, Wheelers Bay Road, Ventnor, PO38 1HR
Nearby Postcodesto PO38 1HR
PO38 1HR is the 469th largest and the 224th most expensive postcode out of the 577 postcodes in the PO38 area.
- 97 mPO38 1HS, St. Catherines View, Cowlease, Ventnor, PO38PO38 1HS10 Addresses
- 108 mPO38 1HQ, St. Catherines Place, Cowlease, Ventnor, PO38PO38 1HQ14 Addresses
- 112 mPO38 1HU, Wheelers Bay Road, Ventnor, PO38PO38 1HU12 Addresses
- 118 mPO38 1ER, Dudley Road, Ventnor, PO38PO38 1ER11 Addresses
- 138 mPO38 1HT, Beaconsfield Road, Ventnor, PO38PO38 1HT3 Addresses
- 143 mPO38 1HG, St. Catherine Street, Ventnor, PO38PO38 1HG44 Addresses
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Property Typesin PO38 1HR
- 18 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- mid-century flat (18)
- Unknown (3)
Energy Efficiencyof properties in PO38 1HR
- Energy Performance Certificate (EPC) surveys conducted for 9 properties.
- The dominant rating is G.
- A (0)
- E (0)
- B (0)
- F (2)
- C (1)
- G (4)
- D (2)
- No EPC (12)
Top 3 Most Expensive Saleson Wheelers Bay Road
- Sold Nov 2017£239,000 | 2 Bed FlatBay House, Wheelers Bay RoadFlat 2, Bay House, Wheelers Bay Road, Ventnor, PO38 1HR
- Sold Apr 2022£225,000 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 3, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
- Sold Aug 2010£185,000 | 3 Bed FlatBay Court, Wheelers Bay RoadFlat 8, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Schools Nearbyto PO38 1HR
The nearest primary school to PO38 1HR is St Francis Catholic and Church of England Primary Academy which is 1.7 kilometres away.
- 1.7kmSt Francis Catholic and Church of England Primary Academy
- 3.0kmWroxall Primary School
- 4.1kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 1.5 kilometres away.
- 1.5kmThe Island Free School
- 13.6kmChrist The King College
- 14.1kmCarisbrooke College
More reading links
Public Transport Nearbyto PO38 1HR
The closest station to PO38 1HR is Shanklin station which is 4.6 kilometres away.
- 4.6kmShanklin
- 6.3kmLake
- 7.4kmSandown
- 10.3kmBrading
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