Esplanade - PO38 1JR
Key Postcode Insights
PO38 1JR is a residential postcode situated on Esplanade, Ventnor, PO38 with 8 addresses.
It ranks as the 259th largest and 361st most expensive of the 576 postcodes in the PO38 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 4 houses and 4 flats.
- Ave. Sale Price
- £417,223
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £1,456pcm
- 10 Year change
- up 45.9%
- Ave. £ per ft²
- £421/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Key Postcode Insights
PO38 1JR is a residential postcode situated on Esplanade, Ventnor, PO38 with 8 addresses.
It ranks as the 259th largest and 361st most expensive of the 576 postcodes in the PO38 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 8 properties: 4 houses and 4 flats.
- Ave. Sale Price
- £417,223
- 10 Year change
- up 28.9%
- Ave. Rental Price
- £1,456pcm
- 10 Year change
- up 45.9%
- Ave. £ per ft²
- £421/ft²
- Ave. Gross Yield
- 4.2%/year/yr
Explore Propertiesin PO38 1JR
- Bay Lodge
3 Bed Period House
- Flat 1 Beach Court
2 Bed Modern Flat
- Crab Cottage
4 Bed Modern House
- Herring House
4 Bed Modern House
- Lobster Lodge
4 Bed Modern House
Sales Market Trends
The last sale in PO38 1JR sold for £240,000 on 19th December 2022. Since then prices are down an average of 3.1%.
The current average value in the postcode is £417,223.
The PO38 1JR Sales Market has increased by 28.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.8% | £417,223 |
| June 2025 | 1.7% | £438,079 |
| June 2024 | -8.1% | £430,765 |
| June 2023 | 2% | £468,895 |
| June 2022 | 8.8% | £459,823 |
| June 2021 | 8.7% | £422,502 |
| June 2020 | 10% | £388,652 |
| June 2019 | 6.5% | £353,203 |
| June 2018 | 1.8% | £331,538 |
| June 2017 | 0.6% | £325,642 |
| June 2016 | 7.4% | £323,597 |
| June 2015 | 3.5% | £301,370 |
| June 2014 | 2.6% | £291,181 |
| June 2013 | -5.1% | £283,830 |
| June 2012 | -0.8% | £299,016 |
| June 2011 | -2.2% | £301,539 |
| June 2010 | 9.6% | £308,437 |
| June 2009 | -6.6% | £281,341 |
| June 2008 | -0.9% | £301,257 |
| June 2007 | 0% | £303,967 |
Rental Market Trends
The current average rental value in the postcode is £1,456.
The PO38 1JR Rental Market has increased by 45.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,456pcm |
| June 2025 | 2.7% | £1,418pcm |
| June 2024 | 7.7% | £1,381pcm |
| June 2023 | 8% | £1,283pcm |
| June 2022 | 9.7% | £1,188pcm |
| June 2021 | 6.1% | £1,083pcm |
| June 2020 | 1.2% | £1,021pcm |
| June 2019 | 2.4% | £1,009pcm |
| June 2018 | 0.7% | £985pcm |
| June 2017 | -1.9% | £978pcm |
| June 2016 | 5.6% | £997pcm |
| June 2015 | 4.5% | £944pcm |
| June 2014 | 5.6% | £904pcm |
| June 2013 | 1.5% | £856pcm |
| June 2012 | -1.1% | £843pcm |
| June 2011 | 6.3% | £853pcm |
| June 2010 | 8.3% | £802pcm |
| June 2009 | -1.8% | £741pcm |
| June 2008 | 3.7% | £754pcm |
| June 2007 | 0% | £727pcm |
Sales History
The last sale was on 19th December 2022 for £240,000 and since then the market in the area has decreased by 3.1%. The postcode has had a total of 13 sales since 1995.
PO38 1JR has seen no sales in the last three years and no sales in the last twelve months.
- Sold Dec 2022£240,000 | 2 Bed FlatFlat 1, Pier View, Esplanade, Ventnor, PO38 1JRFlat 1, Pier View, Esplanade, Ventnor, PO38 1JR
- Sold Nov 2022£250,000 | 2 Bed FlatFlat 3, Pier View, Esplanade, Ventnor, PO38 1JRFlat 3, Pier View, Esplanade, Ventnor, PO38 1JR
- Sold Oct 2021£680,000 | 4 Bed HouseLobster Lodge, Esplanade, Ventnor, PO38 1JRLobster Lodge, Esplanade, Ventnor, PO38 1JR
- Sold Mar 2021£295,000 | 2 Bed FlatFlat 1, Beach Court, Esplanade, Ventnor, PO38 1JRFlat 1, Beach Court, Esplanade, Ventnor, PO38 1JR
- Sold Sep 2013£255,000 | 3 Bed HouseBay Lodge, Esplanade, Ventnor, PO38 1JRBay Lodge, Esplanade, Ventnor, PO38 1JR
Nearby Postcodes
PO38 1JR is the 259th largest and the 361st most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1JW, Esplanade Road, Ventnor, PO38PO38 1JW13 Addresses|41 m away
- PO38 1JP, Esplanade, Ventnor, PO38PO38 1JP11 Addresses|53 m away
- PO38 1SQ, Hambrough Road, Ventnor, PO38PO38 1SQ68 Addresses|82 m away
- PO38 1ED, Church Street, Niton, Ventnor, PO38PO38 1ED19 Addresses|101 m away
- PO38 1JT, Esplanade, Ventnor, PO38PO38 1JT7 Addresses|104 m away
Property Types
- 1 period house built between 1800 and 1911
- 3 modern houses built after 1980
- 1 modern flat built after 1980
- 3 mid-century flats built between 1936 and 1979
- period house (1)
- modern house (3)
- modern flat (1)
- mid-century flat (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 8 properties.
- The most common rating is B.
- A (0)
- E (1)
- B (3)
- F (0)
- C (3)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Sales
- Sold Mar 2024£825,000 | 4 Bed Flat3 Riviera, Esplanade, Ventnor, PO38 1JT3 Riviera, Esplanade, Ventnor, PO38 1JT
- Sold Oct 2021£680,000 | 4 Bed HouseLobster Lodge, Esplanade, Ventnor, PO38 1JRLobster Lodge, Esplanade, Ventnor, PO38 1JR
- Sold Jun 2018£670,000 | 4 Bed HouseBalmoral, Esplanade, Ventnor, PO38 1JXBalmoral, Esplanade, Ventnor, PO38 1JX
Schools Nearby
- St Francis Catholic and Church of England Primary Academy1.2 km away
- Wroxall Primary School2.8 km away
- St Blasius Shanklin CofE Primary Academy4.4 km away
- The Island Free School1.1 km away
- Christ The King College13.4 km away
- Carisbrooke College13.8 km away
More reading links
Public Transport Nearby
The closest station to PO38 1JR is Shanklin station, which is 4.9 kilometres away.
- Shanklin|4.9 km away
- Lake|6.6 km away
- Sandown|7.7 km away
- Brading|10.6 km away
