Madeira Road - PO38 1HW
Key Postcode Insights
PO38 1HW is a residential postcode situated on Madeira Road, Ventnor, PO38 with 6 addresses.
It ranks as the 197th largest and 174th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £267,545
- 10 Year change
- up 27.3%
- Ave. Rental Price
- £1,500pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £187/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Key Postcode Insights
PO38 1HW is a residential postcode situated on Madeira Road, Ventnor, PO38 with 6 addresses.
It ranks as the 197th largest and 174th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 6 properties: 6 houses.
- Ave. Sale Price
- £267,545
- 10 Year change
- up 27.3%
- Ave. Rental Price
- £1,500pcm
- 10 Year change
- up 44.3%
- Ave. £ per ft²
- £187/ft²
- Ave. Gross Yield
- 6.7%/year/yr
Explore Properties in PO38 1HW
- 28 Madeira Road
Building | 4 Flats
- 30 Madeira Road
3 Bed Period House
- 34 Madeira Road
5 Bed Period House
Sales Market Trends
The last sale in PO38 1HW sold for £220,000 on 3rd March 2017. Since then prices are up an average of 27.4%.
The current average value in the postcode is £267,545.
The PO38 1HW Sales Market has increased by 27.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.1% | £267,545 |
| June 2025 | 1.7% | £279,069 |
| June 2024 | -8% | £274,320 |
| June 2023 | 1.6% | £298,280 |
| June 2022 | 8.9% | £293,610 |
| June 2021 | 8.2% | £269,553 |
| June 2020 | 9.4% | £249,239 |
| June 2019 | 6.2% | £227,735 |
| June 2018 | 1.9% | £214,481 |
| June 2017 | 0.1% | £210,415 |
| June 2016 | 7.2% | £210,132 |
| June 2015 | 3.8% | £195,937 |
| June 2014 | 2.7% | £188,812 |
| June 2013 | -4.5% | £183,820 |
| June 2012 | -0.7% | £192,557 |
| June 2011 | -2.9% | £193,985 |
| June 2010 | 9% | £199,719 |
| June 2009 | -7.4% | £183,245 |
| June 2008 | -1.1% | £197,960 |
| June 2007 | 0% | £200,151 |
Rental Market Trends
The current average rental value in the postcode is £1,500.
The PO38 1HW Rental Market has increased by 44.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,500pcm |
| June 2025 | 2.8% | £1,452pcm |
| June 2024 | 7.6% | £1,412pcm |
| June 2023 | 7.5% | £1,312pcm |
| June 2022 | 9.7% | £1,220pcm |
| June 2021 | 5.6% | £1,112pcm |
| June 2020 | 0.9% | £1,054pcm |
| June 2019 | 2.2% | £1,045pcm |
| June 2018 | 0.8% | £1,022pcm |
| June 2017 | -2.4% | £1,015pcm |
| June 2016 | 5.6% | £1,040pcm |
| June 2015 | 4.9% | £985pcm |
| June 2014 | 5.6% | £939pcm |
| June 2013 | 1.9% | £890pcm |
| June 2012 | -0.9% | £873pcm |
| June 2011 | 5.5% | £881pcm |
| June 2010 | 7.7% | £835pcm |
| June 2009 | -2.6% | £776pcm |
| June 2008 | 3.5% | £796pcm |
| June 2007 | 0% | £769pcm |
Sales History
The last recorded sale was on 3rd March 2017 for £220,000 and since then the market in the area has increased by 27.4%.
PO38 1HW has had 3 sales since 1995, none of them in the last three years.
- Sold Mar 2017£220,000 | 4 Bed Flat28B, Madeira Road, Ventnor, PO38 1HW28B, Madeira Road, Ventnor, PO38 1HW
- Sold Nov 2013£165,000 | 3 Bed Flat28D, Madeira Road, Ventnor, PO38 1HW28D, Madeira Road, Ventnor, PO38 1HW
- Sold Jul 2008£129,000 | 2 Bed House28A, Madeira Road, Ventnor, PO38 1HW28A, Madeira Road, Ventnor, PO38 1HW
Nearby Postcodes
PO38 1HW is the 197th largest and the 174th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1HL, Beaconsfield Road, Ventnor, PO38PO38 1HL4 Addresses|61 m away
- PO38 1HN, St. Catherine Street, Ventnor, PO38PO38 1HN11 Addresses|62 m away
- PO38 1NF, Clarence Road, Wroxall, Ventnor, PO38PO38 1NF11 Addresses|67 m away
- PO38 1HH, Beaconsfield Road, Ventnor, PO38PO38 1HH2 Addresses|78 m away
- PO38 1HJ, Beaconsfield Road, Ventnor, PO38PO38 1HJ3 Addresses|80 m away
Property Types
- 6 period houses built between 1800 and 1911
- period house (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- F (0)
- C (2)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Jan 2021£1,210,500 | 5 Bed House49, Madeira Road, Ventnor, PO38 1QY49, Madeira Road, Ventnor, PO38 1QY
- Sold Sep 2012£800,000 | 5 Bed House49, Madeira Road, Ventnor, PO38 1QY49, Madeira Road, Ventnor, PO38 1QY
- Sold May 2013£654,000 | 4 Bed House68, Madeira Road, Ventnor, PO38 1QY68, Madeira Road, Ventnor, PO38 1QY
Schools Nearby
- St Francis Catholic and Church of England Primary Academy1.7 km away
- Wroxall Primary School2.9 km away
- St Blasius Shanklin CofE Primary Academy3.9 km away
- The Island Free School1.6 km away
- Christ The King College13.5 km away
- Carisbrooke College14.0 km away
More reading links
Public Transport Nearby
The closest station to PO38 1HW is Shanklin station, which is 4.4 kilometres away.
- Shanklin|4.4 km away
- Lake|6.0 km away
- Sandown|7.2 km away
- Brading|10.0 km away
