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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 1HUHouse Prices / South East, Isle of Wight, Wheelers Bay Road
Last updated May 2026
Key Postcode Insights
PO38 1HU is a residential postcode situated on Wheelers Bay Road, Ventnor, PO38 with 12 addresses.
It ranks as the 360th largest and 101st most expensive of the 577 postcodes in the PO38 area.
The postcode contains a total of 12 properties: 12 flats.
12
Properties
- Flats
Key Postcode Insights
PO38 1HU is a residential postcode situated on Wheelers Bay Road, Ventnor, PO38 with 12 addresses.
It ranks as the 360th largest and 101st most expensive of the 577 postcodes in the PO38 area.
The postcode contains a total of 12 properties: 12 flats.
12
Properties
- Flats
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House Pricesin PO38 1HU
Sale prices range from £187,067 for 2 bedroom leasehold flats (721 ft2) to £221,211 for 3 bedroom leasehold flats (976 ft2) .
Monthly rental prices range from £913 pcm for 2 bed flats to £1,012 pcm for 3 bed flats.
The gross rental yield is between 5.5% and 5.9%.
The average value per square foot is £249.
Average Sale Value
£196,284
Average Rental Value
£934 pcm
Average Rental Yield
5.7% /year
Average Value Per Sqft
£249 /ft2
Sales Market Trendsin PO38 1HU
The last sale in PO38 1HU sold for £225,000 on 14th April 2022. Since then prices are down an average of 8.1%.
The current average value in the postcode is £196,284.
The PO38 1HU Sales Market has increased by 18.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -6.5% | £196,284 |
| April 2025 | 1.4% | £209,953 |
| April 2024 | -8% | £207,018 |
| April 2023 | 5.3% | £225,035 |
| April 2022 | 4.3% | £213,661 |
| April 2021 | 7.6% | £204,933 |
| April 2020 | 7.8% | £190,465 |
| April 2019 | 6.5% | £176,717 |
| April 2018 | 0.3% | £165,980 |
| April 2017 | 0.1% | £165,432 |
| April 2016 | 4% | £165,188 |
| April 2015 | 2.1% | £158,845 |
| April 2014 | 5% | £155,508 |
| April 2013 | -6.8% | £148,068 |
| April 2012 | -2.9% | £158,879 |
| April 2011 | -1.9% | £163,706 |
| April 2010 | 5.2% | £166,938 |
| April 2009 | -9.7% | £158,690 |
| April 2008 | -0.4% | £175,699 |
| April 2007 | 0% | £176,346 |
Rental Market Trendsin PO38 1HU
The current average rental value in the postcode is £934.
The PO38 1HU Rental Market has increased by 35.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £934pcm |
| April 2025 | 2.9% | £904pcm |
| April 2024 | 8.9% | £878pcm |
| April 2023 | 6.6% | £807pcm |
| April 2022 | 7.6% | £757pcm |
| April 2021 | 2.6% | £703pcm |
| April 2020 | 2.3% | £686pcm |
| April 2019 | 1.7% | £670pcm |
| April 2018 | -2.5% | £659pcm |
| April 2017 | -2.4% | £675pcm |
| April 2016 | 5.3% | £692pcm |
| April 2015 | 3.1% | £657pcm |
| April 2014 | 5.2% | £638pcm |
| April 2013 | 1.3% | £606pcm |
| April 2012 | -2.2% | £599pcm |
| April 2011 | 4.8% | £612pcm |
| April 2010 | 3.4% | £584pcm |
| April 2009 | -2.1% | £565pcm |
| April 2008 | 2% | £577pcm |
| April 2007 | 0% | £566pcm |
Explore Buildingsin PO38 1HU, Wheelers Bay Road, Ventnor, PO38
Sales Historyin PO38 1HU
The last sale was on 14th April 2022 for £225,000 and since then the market in the area has decreased by 8.1%. The postcode has had a total of 15 sales since 1995.
PO38 1HU has seen no sales in the last three years and no sales in the last twelve months.
Sold Apr 2022£225,000 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 3, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Sold Jun 2020£180,000 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 10, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Sold Mar 2015£142,500 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 12, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Sold May 2013£120,000 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 4, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Sold Apr 2013£130,000 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 3, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Sold Apr 2013£130,000 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 9, 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
Sold Jan 2001£78,000 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 2, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Sold Oct 2000£73,000 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 9, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Sold Sep 1999£57,750 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 9, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Sold Jul 1999£59,000 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 2, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Sold Feb 1999£54,950 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 7, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Sold Dec 1997£51,000 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 3, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Sold May 1996£48,000 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 6, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Sold Jan 1996£40,000 | 2 Bed FlatBay Court, Wheelers Bay RoadFlat 7, Bay Court, Wheelers Bay Road, Ventnor, PO38 1HU
Nearby Postcodesto PO38 1HU
PO38 1HU is the 360th largest and the 101st most expensive postcode out of the 577 postcodes in the PO38 area.
- 28 mPO38 1HT, Beaconsfield Road, Ventnor, PO38PO38 1HT3 Addresses
- 48 mPO38 1HQ, St. Catherines Place, Cowlease, Ventnor, PO38PO38 1HQ14 Addresses
- 49 mPO38 1HJ, Beaconsfield Road, Ventnor, PO38PO38 1HJ3 Addresses
- 53 mPO38 1HH, Beaconsfield Road, Ventnor, PO38PO38 1HH2 Addresses
- 62 mPO38 1HG, St. Catherine Street, Ventnor, PO38PO38 1HG44 Addresses
- 68 mPO38 1HL, Beaconsfield Road, Ventnor, PO38PO38 1HL4 Addresses
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Property Typesin PO38 1HU
- 12 other addresses of unknown type
- Unknown (12)
Energy Efficiencyof properties in PO38 1HU
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is E.
- A (0)
- E (2)
- B (0)
- F (1)
- C (0)
- G (0)
- D (1)
- No EPC (8)
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 1HU
The nearest primary school to PO38 1HU 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
- 2.9kmWroxall Primary School
- 4.0kmSt 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
- 14.0kmCarisbrooke College
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Public Transport Nearbyto PO38 1HU
The closest station to PO38 1HU is Shanklin station which is 4.5 kilometres away.
- 4.5kmShanklin
- 6.2kmLake
- 7.3kmSandown
- 10.2kmBrading