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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 1JTHouse Prices / South East, Isle of Wight, Esplanade
Last updated May 2026
Key Postcode Insights
PO38 1JT is a residential postcode situated on Esplanade, Ventnor, PO38 with 10 addresses.
It ranks as the 230th largest and 495th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 10 properties: 4 houses, 3 flats and 3 other properties.
10
Properties
- Houses
- Flats
- Other (unknown)
Key Postcode Insights
PO38 1JT is a residential postcode situated on Esplanade, Ventnor, PO38 with 10 addresses.
It ranks as the 230th largest and 495th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period flat built between 1800 and 1911.
The postcode contains a total of 10 properties: 4 houses, 3 flats and 3 other properties.
10
Properties
- Houses
- Flats
- Other (unknown)
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House Pricesin PO38 1JT
Sale prices range from £223,306 for 3 bedroom leasehold flats with a garden (949 ft2) to £719,156 for 4 bedroom leasehold flats (1,700 ft2) .
Monthly rental prices range from £952 pcm for 3 bed flats to £2,879 pcm for 4 bed flats.
The gross rental yield is between 3.8% and 5.7%.
The average value per square foot is £423.
Average Sale Value
£443,725
Average Rental Value
£1,725 pcm
Average Rental Yield
4.7% /year
Average Value Per Sqft
£423 /ft2
Sales Market Trendsin PO38 1JT
The last sale in PO38 1JT sold for £825,000 on 15th March 2024. Since then prices are down an average of 3.9%.
The current average value in the postcode is £443,725.
The PO38 1JT Sales Market has increased by 27.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -6% | £443,725 |
| April 2025 | 2% | £471,986 |
| April 2024 | -9% | £462,566 |
| April 2023 | 6.2% | £508,375 |
| April 2022 | 6.3% | £478,518 |
| April 2021 | 9.3% | £450,220 |
| April 2020 | 6.7% | £411,775 |
| April 2019 | 7.3% | £385,762 |
| April 2018 | 1.8% | £359,635 |
| April 2017 | 1.6% | £353,275 |
| April 2016 | 5.6% | £347,634 |
| April 2015 | 2.5% | £329,201 |
| April 2014 | 5.4% | £321,091 |
| April 2013 | -4.9% | £304,773 |
| April 2012 | -1.8% | £320,534 |
| April 2011 | -0.9% | £326,255 |
| April 2010 | 6% | £329,363 |
| April 2009 | -8.3% | £310,574 |
| April 2008 | 1% | £338,577 |
| April 2007 | 0% | £335,079 |
Rental Market Trendsin PO38 1JT
The current average rental value in the postcode is £1,725.
The PO38 1JT Rental Market has increased by 44.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £1,725pcm |
| April 2025 | 3.5% | £1,660pcm |
| April 2024 | 7.7% | £1,603pcm |
| April 2023 | 7.5% | £1,488pcm |
| April 2022 | 9.7% | £1,385pcm |
| April 2021 | 4.2% | £1,262pcm |
| April 2020 | 1.3% | £1,211pcm |
| April 2019 | 2.5% | £1,195pcm |
| April 2018 | -1% | £1,167pcm |
| April 2017 | -0.9% | £1,179pcm |
| April 2016 | 6.9% | £1,190pcm |
| April 2015 | 3.4% | £1,113pcm |
| April 2014 | 5.5% | £1,076pcm |
| April 2013 | 3.4% | £1,020pcm |
| April 2012 | -1.1% | £986pcm |
| April 2011 | 5.9% | £997pcm |
| April 2010 | 4.2% | £941pcm |
| April 2009 | -0.6% | £904pcm |
| April 2008 | 3.5% | £909pcm |
| April 2007 | 0% | £878pcm |
Properties and Buildingsin PO38 1JT, Esplanade, Ventnor, PO38
- Canute Cottage, Esplanade, Ventnor, PO38 1JT2 bed period house
- Seaspray, Esplanade, Ventnor, PO38 1JT2 bed period house
- The Deck, Esplanade, Ventnor, PO38 1JT
- Villa Amanti, Esplanade, Ventnor, PO38 1JT5 bed period house
- 1, Esplanade, Ventnor, PO38Building2 units
- 2, Esplanade, Ventnor, PO38 Period building2 units
- 3, Esplanade, Ventnor, PO38 Period building2 units
Sales Historyin PO38 1JT
The last sale was on 15th March 2024 for £825,000 and since then the market in the area has decreased by 3.9%. 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 FlatEsplanade3 Riviera, Esplanade, Ventnor, PO38 1JT
Sold Oct 2016£175,000 | 2 Bed HouseEsplanadeCanute Cottage, Esplanade, Ventnor, PO38 1JT
Sold Apr 2014£175,000 | 2 Bed HouseEsplanadeCanute Cottage, Esplanade, Ventnor, PO38 1JT
Sold Mar 2012£432,500 | 4 Bed FlatEsplanade3 Riviera, Esplanade, Ventnor, PO38 1JT
Sold Jul 2008£175,000 | 2 Bed HouseEsplanadeSeaspray, Esplanade, Ventnor, PO38 1JT
Sold Jan 2007£165,000 | 2 Bed HouseEsplanadeSeaspray, Esplanade, Ventnor, PO38 1JT
Sold Jul 2006£340,000 | 4 Bed FlatEsplanade3 Riviera, Esplanade, Ventnor, PO38 1JT
Sold Oct 1995£38,500 | 3 Bed FlatEsplanade1 Riviera, Esplanade, Ventnor, PO38 1JT
Nearby Postcodesto PO38 1JT
PO38 1JT is the 230th largest and the 495th most expensive postcode out of the 577 postcodes in the PO38 area.
- 50 mPO38 1JN, Marine Parade, Ventnor, PO38PO38 1JN17 Addresses
- 51 mPO38 1JP, Esplanade, Ventnor, PO38PO38 1JP11 Addresses
- 73 mPO38 1JW, Esplanade Road, Ventnor, PO38PO38 1JW13 Addresses
- 83 mPO38 1JU, Alma Road, Ventnor, PO38PO38 1JU13 Addresses
- 84 mPO38 1JL, Esplanade Road, Ventnor, PO38PO38 1JL3 Addresses
- 99 mPO38 1JD, Belgrave Road, Ventnor, PO38PO38 1JD12 Addresses
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Property Typesin PO38 1JT
- 3 period houses built between 1800 and 1911
- 6 period flats built between 1800 and 1911
- 1 other address of unknown type
- period house (3)
- period flat (6)
- Unknown (1)
Energy Efficiencyof properties in PO38 1JT
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (1)
- G (1)
- D (2)
- No EPC (2)
Schools Nearbyto PO38 1JT
The nearest primary school to PO38 1JT is St Francis Catholic and Church of England Primary Academy which is 1.1 kilometres away.
- 1.1kmSt Francis Catholic and Church of England Primary Academy
- 2.7kmWroxall Primary School
- 4.4kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 1.0 kilometres away.
- 1.0kmThe Island Free School
- 13.3kmChrist The King College
- 13.7kmCarisbrooke College
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Public Transport Nearbyto PO38 1JT
The closest station to PO38 1JT is Shanklin station which is 4.9 kilometres away.
- 4.9kmShanklin
- 6.6kmLake
- 7.8kmSandown
- 10.6kmBrading
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