Park Avenue - PO38 1LD
Key Postcode Insights
PO38 1LD is a residential postcode situated on Park Avenue, Ventnor, PO38 with 8 addresses.
It ranks as the 260th largest and 229th 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 8 properties: 4 houses and 4 flats.
- Ave. Sale Price
- £362,735
- 10 Year change
- up 25.4%
- Ave. Rental Price
- £1,826pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Key Postcode Insights
PO38 1LD is a residential postcode situated on Park Avenue, Ventnor, PO38 with 8 addresses.
It ranks as the 260th largest and 229th 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 8 properties: 4 houses and 4 flats.
- Ave. Sale Price
- £362,735
- 10 Year change
- up 25.4%
- Ave. Rental Price
- £1,826pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £207/ft²
- Ave. Gross Yield
- 6.0%/year/yr
Explore Propertiesin PO38 1LD
- Glenlyn
Building | 3 Flats
- Melville Lodge
5 Bed Period House
- Merrie Meade
3 Bed House
- Merrie Mount
4 Bed Period Flat
- Park House
5 Bed Period House
Sales Market Trends
The last sale in PO38 1LD sold for £190,000 on 12th September 2019. Since then prices are up an average of 16.0%.
The current average value in the postcode is £362,735.
The PO38 1LD Sales Market has increased by 25.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.8% | £362,735 |
| June 2025 | 1.5% | £380,845 |
| June 2024 | -7.7% | £375,110 |
| June 2023 | 1.9% | £406,397 |
| June 2022 | 7.9% | £398,820 |
| June 2021 | 7.7% | £369,743 |
| June 2020 | 10% | £343,294 |
| June 2019 | 6.4% | £312,033 |
| June 2018 | 1.6% | £293,213 |
| June 2017 | -0.2% | £288,652 |
| June 2016 | 6.9% | £289,250 |
| June 2015 | 3.6% | £270,618 |
| June 2014 | 2.3% | £261,138 |
| June 2013 | -5% | £255,173 |
| June 2012 | -0.9% | £268,515 |
| June 2011 | -2.7% | £270,964 |
| June 2010 | 9.2% | £278,369 |
| June 2009 | -7% | £255,033 |
| June 2008 | -0.7% | £274,318 |
| June 2007 | 0% | £276,362 |
Rental Market Trends
The current average rental value in the postcode is £1,826.
The PO38 1LD Rental Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,826pcm |
| June 2025 | 2.5% | £1,779pcm |
| June 2024 | 8.2% | £1,736pcm |
| June 2023 | 7.9% | £1,604pcm |
| June 2022 | 8.7% | £1,487pcm |
| June 2021 | 5.1% | £1,368pcm |
| June 2020 | 1.2% | £1,301pcm |
| June 2019 | 2.3% | £1,286pcm |
| June 2018 | 0.5% | £1,257pcm |
| June 2017 | -2.8% | £1,251pcm |
| June 2016 | 5.1% | £1,287pcm |
| June 2015 | 4.6% | £1,224pcm |
| June 2014 | 5.3% | £1,170pcm |
| June 2013 | 1.6% | £1,111pcm |
| June 2012 | -1.2% | £1,093pcm |
| June 2011 | 5.9% | £1,106pcm |
| June 2010 | 7.8% | £1,045pcm |
| June 2009 | -2.2% | £969pcm |
| June 2008 | 3.9% | £991pcm |
| June 2007 | 0% | £954pcm |
Sales History
The last sale was on 12th September 2019 for £190,000 and since then the market in the area has increased by 16.0%. The postcode has had a total of 9 sales since 1995.
PO38 1LD has seen no sales in the last three years and no sales in the last twelve months.
- Sold Sep 2019£190,000 | 3 Bed HouseMerrie Meade, Park Avenue, Ventnor, PO38 1LDMerrie Meade, Park Avenue, Ventnor, PO38 1LD
- Sold Jul 2018£535,000 | 5 Bed HouseSouth Bank, Park Avenue, Ventnor, PO38 1LDSouth Bank, Park Avenue, Ventnor, PO38 1LD
- Sold Dec 2015£670,000 | 5 Bed HouseMelville Lodge, Park Avenue, Ventnor, PO38 1LDMelville Lodge, Park Avenue, Ventnor, PO38 1LD
- Sold May 2015£400,000 | 5 Bed HousePark House, Park Avenue, Ventnor, PO38 1LDPark House, Park Avenue, Ventnor, PO38 1LD
- Sold Jun 2009£175,000 | 3 Bed FlatFront Flat, Glenlyn, Park Avenue, Ventnor, PO38 1LDFront Flat, Glenlyn, Park Avenue, Ventnor, PO38 1LD
Nearby Postcodes
PO38 1LD is the 260th largest and the 229th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1LG, Castle Road, Wroxall, Ventnor, PO38PO38 1LG29 Addresses|83 m away
- PO38 1LR, Park Avenue, Ventnor, PO38PO38 1LR33 Addresses|100 m away
- PO38 1JZ, Belgrave Road, Ventnor, PO38PO38 1JZ4 Addresses|122 m away
- PO38 1LQ, Castle Road, Wroxall, Ventnor, PO38PO38 1LQ3 Addresses|162 m away
- PO38 1LE, Park Avenue, Ventnor, PO38PO38 1LE23 Addresses|171 m away
Property Types
- 3 period houses built between 1800 and 1911
- 4 period flats built between 1800 and 1911
- 1 house of an unknown age
- period house (3)
- period flat (4)
- house (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (1)
- D (2)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold Apr 2023£855,000 | 5 Bed HouseDaulston, Park Avenue, Ventnor, PO38 1LEDaulston, Park Avenue, Ventnor, PO38 1LE
- Sold Dec 2018£790,000 | 3 Bed HouseClarence House, Park Avenue, Ventnor, PO38 1LEClarence House, Park Avenue, Ventnor, PO38 1LE
- Sold Dec 2015£670,000 | 5 Bed HouseMelville Lodge, Park Avenue, Ventnor, PO38 1LDMelville Lodge, Park Avenue, Ventnor, PO38 1LD
Schools Nearby
- St Francis Catholic and Church of England Primary Academy800 m away
- Wroxall Primary School2.6 km away
- St Blasius Shanklin CofE Primary Academy4.6 km away
- The Island Free School800 m away
- Christ The King College13.1 km away
- Carisbrooke College13.5 km away
More reading links
Public Transport Nearby
The closest station to PO38 1LD is Shanklin station, which is 5.1 kilometres away.
- Shanklin|5.1 km away
- Lake|6.8 km away
- Sandown|7.9 km away
- Brading|10.8 km away
