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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 1JUHouse Prices / South East, Isle of Wight, Alma Road
Last updated May 2026
Key Postcode Insights
PO38 1JU is a residential postcode situated on Alma Road, Ventnor, PO38 with 13 addresses.
It ranks as the 378th largest and 57th most expensive of the 577 postcodes in the PO38 area.
The postcode contains a total of 13 properties: 3 houses and 10 flats.
13
Properties
- Houses
- Flats
Key Postcode Insights
PO38 1JU is a residential postcode situated on Alma Road, Ventnor, PO38 with 13 addresses.
It ranks as the 378th largest and 57th most expensive of the 577 postcodes in the PO38 area.
The postcode contains a total of 13 properties: 3 houses and 10 flats.
13
Properties
- Houses
- Flats
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House Pricesin PO38 1JU
Sale prices range from £115,083 for 2 bedroom leasehold flats (409 ft2) to £443,182 for 4 bedroom freehold houses with a garden (1,485 ft2) .
Monthly rental prices range from £783 pcm for 2 bed flats to £1,604 pcm for 4 bed houses.
The gross rental yield is between 4.2% and 8.2%.
The average value per square foot is £258.
Average Sale Value
£199,581
Average Rental Value
£1,044 pcm
Average Rental Yield
6.3% /year
Average Value Per Sqft
£258 /ft2
Sales Market Trendsin PO38 1JU
The last sale in PO38 1JU sold for £131,000 on 5th January 2026. Since then prices are down an average of 0.5%.
The current average value in the postcode is £199,581.
The PO38 1JU Sales Market has increased by 26.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -6.3% | £199,581 |
| April 2025 | 1.9% | £212,917 |
| April 2024 | -8.7% | £208,910 |
| April 2023 | 6.2% | £228,941 |
| April 2022 | 5.7% | £215,488 |
| April 2021 | 9.1% | £203,832 |
| April 2020 | 6.9% | £186,823 |
| April 2019 | 7.2% | £174,757 |
| April 2018 | 1.5% | £163,049 |
| April 2017 | 1.4% | £160,622 |
| April 2016 | 5.4% | £158,378 |
| April 2015 | 2.4% | £150,244 |
| April 2014 | 5.5% | £146,784 |
| April 2013 | -5.5% | £139,161 |
| April 2012 | -1.7% | £147,242 |
| April 2011 | -1.2% | £149,846 |
| April 2010 | 6.1% | £151,604 |
| April 2009 | -8.3% | £142,902 |
| April 2008 | 1.1% | £155,909 |
| April 2007 | 0% | £154,213 |
Rental Market Trendsin PO38 1JU
The current average rental value in the postcode is £1,044.
The PO38 1JU Rental Market has increased by 43.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £1,044pcm |
| April 2025 | 3.4% | £1,008pcm |
| April 2024 | 8% | £975pcm |
| April 2023 | 7.5% | £902pcm |
| April 2022 | 9.1% | £839pcm |
| April 2021 | 4% | £769pcm |
| April 2020 | 1.5% | £740pcm |
| April 2019 | 2.4% | £729pcm |
| April 2018 | -1.3% | £712pcm |
| April 2017 | -1.1% | £721pcm |
| April 2016 | 6.7% | £730pcm |
| April 2015 | 3.3% | £684pcm |
| April 2014 | 5.6% | £662pcm |
| April 2013 | 2.8% | £627pcm |
| April 2012 | -1% | £610pcm |
| April 2011 | 5.7% | £616pcm |
| April 2010 | 4.2% | £583pcm |
| April 2009 | -0.7% | £560pcm |
| April 2008 | 3.5% | £563pcm |
| April 2007 | 0% | £544pcm |
Properties and Buildingsin PO38 1JU, Alma Road, Ventnor, PO38
Sales Historyin PO38 1JU
The last sale was on 5th January 2026 for £131,000 and since then the market in the area has decreased by 0.5%. The postcode has had a total of 13 sales since 1995.
PO38 1JU has seen 1 sale in the last three years and 1 sale in the last twelve months.
Sold Jan 2026£131,000 | 2 Bed FlatSilvermere Court, Alma RoadFlat 3, Silvermere Court, Alma Road, Ventnor, PO38 1JU
Sold Apr 2021£200,000 | 3 Bed FlatThe Pelham, Alma RoadFlat 2, The Pelham, Alma Road, Ventnor, PO38 1JU
Sold Apr 2021£402,500 | 2 Bed FlatSilvermere Court, Alma RoadFlat 5, Silvermere Court, Alma Road, Ventnor, PO38 1JU
Sold Nov 2013£125,000 | 2 Bed FlatSilvermere Court, Alma RoadFlat 2, Silvermere Court, Alma Road, Ventnor, PO38 1JU
Sold Jun 2011£145,000 | 2 Bed FlatSilvermere Court, Alma RoadFlat 5, Silvermere Court, Alma Road, Ventnor, PO38 1JU
Sold May 2010£125,000 | 2 Bed FlatSilvermere Court, Alma RoadFlat 2, Silvermere Court, Alma Road, Ventnor, PO38 1JU
Sold Oct 2008£95,000 | 2 Bed FlatSilvermere Court, Alma RoadFlat 5, Silvermere Court, Alma Road, Ventnor, PO38 1JU
Sold Jun 2006£331,000 | 4 Bed HouseAlma RoadAlma House, Alma Road, Ventnor, PO38 1JU
Sold Sep 2001£33,000 | 2 Bed FlatSilvermere Court, Alma RoadFlat 3, Silvermere Court, Alma Road, Ventnor, PO38 1JU
Sold Aug 2001£125,000 | 3 Bed HouseAlma RoadStella Maris, Alma Road, Ventnor, PO38 1JU
Sold May 2000£55,000 | 2 Bed FlatSilvermere Court, Alma RoadFlat 2, Silvermere Court, Alma Road, Ventnor, PO38 1JU
Sold Sep 1999£56,000 | 2 Bed FlatSilvermere Court, Alma RoadFlat 5, Silvermere Court, Alma Road, Ventnor, PO38 1JU
Sold Mar 1998£65,000 | 2 Bed FlatSilvermere Court, Alma RoadFlat 5, Silvermere Court, Alma Road, Ventnor, PO38 1JU
Nearby Postcodesto PO38 1JU
PO38 1JU is the 378th largest and the 57th most expensive postcode out of the 577 postcodes in the PO38 area.
- 45 mPO38 1JL, Esplanade Road, Ventnor, PO38PO38 1JL3 Addresses
- 76 mPO38 1JN, Marine Parade, Ventnor, PO38PO38 1JN17 Addresses
- 77 mPO38 1JX, Esplanade, Ventnor, PO38PO38 1JX15 Addresses
- 83 mPO38 1JT, Esplanade, Ventnor, PO38PO38 1JT7 Addresses
- 110 mPO38 1JD, Belgrave Road, Ventnor, PO38PO38 1JD12 Addresses
- 113 mPO38 1BT, Alpine Road, Ventnor, PO38PO38 1BT27 Addresses
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Property Typesin PO38 1JU
- 13 other addresses of unknown type
- Unknown (13)
Energy Efficiencyof properties in PO38 1JU
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (3)
- No EPC (9)
Top 3 Most Expensive Saleson Alma Road
- Sold Apr 2021£402,500 | 2 Bed FlatSilvermere Court, Alma RoadFlat 5, Silvermere Court, Alma Road, Ventnor, PO38 1JU
- Sold Jun 2006£331,000 | 4 Bed HouseAlma RoadAlma House, Alma Road, Ventnor, PO38 1JU
- Sold Apr 2021£200,000 | 3 Bed FlatThe Pelham, Alma RoadFlat 2, The Pelham, Alma Road, Ventnor, PO38 1JU
Schools Nearbyto PO38 1JU
The nearest primary school to PO38 1JU 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 973 metres away.
- 973mThe Island Free School
- 13.3kmChrist The King College
- 13.7kmCarisbrooke College
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Public Transport Nearbyto PO38 1JU
The closest station to PO38 1JU is Shanklin station which is 4.9 kilometres away.
- 4.9kmShanklin
- 6.6kmLake
- 7.8kmSandown
- 10.6kmBrading
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