Esplanade - PO38 1JT
Key Postcode Insights
PO38 1JT is a residential postcode situated on Esplanade, Ventnor, PO38 with 10 addresses.
It ranks as the 229th largest and 492nd most expensive of the 576 postcodes in the PO38 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 10 properties: 3 houses, 4 flats and 3 other properties.
- Ave. Sale Price
- £450,996
- 10 Year change
- up 25.2%
- Ave. Rental Price
- £1,929pcm
- 10 Year change
- up 41.7%
- Ave. £ per ft²
- £499/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Key Postcode Insights
PO38 1JT is a residential postcode situated on Esplanade, Ventnor, PO38 with 10 addresses.
It ranks as the 229th largest and 492nd most expensive of the 576 postcodes in the PO38 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 10 properties: 3 houses, 4 flats and 3 other properties.
- Ave. Sale Price
- £450,996
- 10 Year change
- up 25.2%
- Ave. Rental Price
- £1,929pcm
- 10 Year change
- up 41.7%
- Ave. £ per ft²
- £499/ft²
- Ave. Gross Yield
- 5.1%/year/yr
Explore Propertiesin PO38 1JT
- Canute Cottage
2 Bed Period House
- Seaspray
2 Bed Period House
- The Deck
3 Bed Modern Flat
- Villa Amanti
5 Bed Period House
- 1 Esplanade
Building | 2 Flats
Sales Market Trends
The last sale in PO38 1JT sold for £825,000 on 15th March 2024. Since then prices are down an average of 2.8%.
The current average value in the postcode is £450,996.
The PO38 1JT Sales Market has increased by 25.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.5% | £450,996 |
| June 2025 | 1.7% | £472,327 |
| June 2024 | -7.8% | £464,620 |
| June 2023 | 1.8% | £503,686 |
| June 2022 | 8% | £495,013 |
| June 2021 | 7.5% | £458,504 |
| June 2020 | 9.8% | £426,493 |
| June 2019 | 6.3% | £388,302 |
| June 2018 | 1.7% | £365,174 |
| June 2017 | -0.4% | £359,008 |
| June 2016 | 6.9% | £360,324 |
| June 2015 | 3.9% | £337,093 |
| June 2014 | 2.3% | £324,560 |
| June 2013 | -4.8% | £317,169 |
| June 2012 | -0.8% | £333,220 |
| June 2011 | -2.8% | £335,838 |
| June 2010 | 9.1% | £345,528 |
| June 2009 | -7.4% | £316,711 |
| June 2008 | -0.7% | £341,867 |
| June 2007 | 0% | £344,403 |
Rental Market Trends
The current average rental value in the postcode is £1,929.
The PO38 1JT Rental Market has increased by 41.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,929pcm |
| June 2025 | 2.6% | £1,874pcm |
| June 2024 | 8.1% | £1,826pcm |
| June 2023 | 7.7% | £1,690pcm |
| June 2022 | 8.8% | £1,568pcm |
| June 2021 | 4.9% | £1,441pcm |
| June 2020 | 1% | £1,374pcm |
| June 2019 | 2.2% | £1,360pcm |
| June 2018 | 0.6% | £1,330pcm |
| June 2017 | -2.9% | £1,322pcm |
| June 2016 | 5.1% | £1,362pcm |
| June 2015 | 4.8% | £1,295pcm |
| June 2014 | 5.3% | £1,235pcm |
| June 2013 | 1.8% | £1,173pcm |
| June 2012 | -1.1% | £1,152pcm |
| June 2011 | 5.7% | £1,165pcm |
| June 2010 | 7.8% | £1,102pcm |
| June 2009 | -2.6% | £1,022pcm |
| June 2008 | 3.9% | £1,049pcm |
| June 2007 | 0% | £1,010pcm |
Sales History
The last sale was on 15th March 2024 for £825,000 and since then the market in the area has decreased by 2.8%. The postcode has had a total of 8 sales since 1995.
PO38 1JT has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Mar 2024£825,000 | 4 Bed Flat3 Riviera, Esplanade, Ventnor, PO38 1JT3 Riviera, Esplanade, Ventnor, PO38 1JT
- Sold Oct 2016£175,000 | 2 Bed HouseCanute Cottage, Esplanade, Ventnor, PO38 1JTCanute Cottage, Esplanade, Ventnor, PO38 1JT
- Sold Apr 2014£175,000 | 2 Bed HouseCanute Cottage, Esplanade, Ventnor, PO38 1JTCanute Cottage, Esplanade, Ventnor, PO38 1JT
- Sold Mar 2012£432,500 | 4 Bed Flat3 Riviera, Esplanade, Ventnor, PO38 1JT3 Riviera, Esplanade, Ventnor, PO38 1JT
- Sold Jul 2008£175,000 | 2 Bed HouseSeaspray, Esplanade, Ventnor, PO38 1JTSeaspray, Esplanade, Ventnor, PO38 1JT
Nearby Postcodes
PO38 1JT is the 229th largest and the 492nd most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1JN, Marine Parade, Ventnor, PO38PO38 1JN17 Addresses|50 m away
- PO38 1JP, Esplanade, Ventnor, PO38PO38 1JP11 Addresses|51 m away
- PO38 1JW, Esplanade Road, Ventnor, PO38PO38 1JW13 Addresses|73 m away
- PO38 1JU, Alma Road, Ventnor, PO38PO38 1JU13 Addresses|83 m away
- PO38 1JL, Esplanade Road, Ventnor, PO38PO38 1JL3 Addresses|84 m away
Property Types
- 3 period houses built between 1800 and 1911
- 6 period flats built between 1800 and 1911
- 1 modern flat built after 1980
- period house (3)
- period flat (6)
- modern flat (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 6 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (1)
- F (0)
- C (1)
- G (1)
- D (2)
- No EPC (1)
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 Academy1.1 km away
- Wroxall Primary School2.7 km away
- St Blasius Shanklin CofE Primary Academy4.4 km away
- The Island Free School1.0 km away
- Christ The King College13.3 km away
- Carisbrooke College13.7 km away
More reading links
Public Transport Nearby
The closest station to PO38 1JT is Shanklin station, which is 4.9 kilometres away.
- Shanklin|4.9 km away
- Lake|6.6 km away
- Sandown|7.8 km away
- Brading|10.6 km away
