Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO38 1LEHouse Prices / South East, Isle of Wight, Park Avenue
Last updated May 2026
Key Postcode Insights
PO38 1LE is a residential postcode situated on Park Avenue, Ventnor, PO38 with 23 addresses.
It ranks as the 486th largest and 118th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 23 properties: 7 houses and 16 flats.
23
Properties
- Houses
- Flats
Key Postcode Insights
PO38 1LE is a residential postcode situated on Park Avenue, Ventnor, PO38 with 23 addresses.
It ranks as the 486th largest and 118th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a modern flat built after 1980.
The postcode contains a total of 23 properties: 7 houses and 16 flats.
23
Properties
- Houses
- Flats
Get a Fast Offer
for your property
House Pricesin PO38 1LE
Sale prices range from £155,524 for 2 bedroom leasehold flats with a garden (548 ft2) to £529,286 for 5 bedroom freehold houses with a garden (2,172 ft2) .
Monthly rental prices range from £859 pcm for 2 bed flats to £2,049 pcm for 5 bed houses.
The gross rental yield is between 4.6% and 6.6%.
The average value per square foot is £247.
Average Sale Value
£251,442
Average Rental Value
£1,177 pcm
Average Rental Yield
5.6% /year
Average Value Per Sqft
£247 /ft2
Sales Market Trendsin PO38 1LE
The last sale in PO38 1LE sold for £855,000 on 25th April 2023. Since then prices are down an average of 13.0%.
The current average value in the postcode is £251,442.
The PO38 1LE Sales Market has increased by 25.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -6.1% | £251,442 |
| April 2025 | 1.9% | £267,919 |
| April 2024 | -8.6% | £262,968 |
| April 2023 | 6.1% | £287,646 |
| April 2022 | 5.4% | £271,000 |
| April 2021 | 8.8% | £257,032 |
| April 2020 | 6.9% | £236,206 |
| April 2019 | 7.2% | £220,924 |
| April 2018 | 1.4% | £206,106 |
| April 2017 | 1.2% | £203,276 |
| April 2016 | 5.4% | £200,899 |
| April 2015 | 2.3% | £190,577 |
| April 2014 | 5.4% | £186,327 |
| April 2013 | -5.6% | £176,718 |
| April 2012 | -1.9% | £187,203 |
| April 2011 | -1.3% | £190,748 |
| April 2010 | 6% | £193,231 |
| April 2009 | -8.2% | £182,329 |
| April 2008 | 1% | £198,719 |
| April 2007 | 0% | £196,810 |
Rental Market Trendsin PO38 1LE
The current average rental value in the postcode is £1,177.
The PO38 1LE Rental Market has increased by 42.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.7% | £1,177pcm |
| April 2025 | 3.4% | £1,135pcm |
| April 2024 | 8.2% | £1,098pcm |
| April 2023 | 7.4% | £1,015pcm |
| April 2022 | 8.8% | £945pcm |
| April 2021 | 3.7% | £868pcm |
| April 2020 | 1.5% | £837pcm |
| April 2019 | 2.4% | £825pcm |
| April 2018 | -1.4% | £805pcm |
| April 2017 | -1.4% | £817pcm |
| April 2016 | 6.7% | £828pcm |
| April 2015 | 3.2% | £776pcm |
| April 2014 | 5.6% | £752pcm |
| April 2013 | 2.7% | £712pcm |
| April 2012 | -1.2% | £694pcm |
| April 2011 | 5.5% | £702pcm |
| April 2010 | 4.1% | £665pcm |
| April 2009 | -0.6% | £639pcm |
| April 2008 | 3.4% | £643pcm |
| April 2007 | 0% | £621pcm |
Properties and Buildingsin PO38 1LE, Park Avenue, Ventnor, PO38
- Allandale, Park Avenue, Ventnor, PO38 Period building3 units
- Flat, Arno House, Park Avenue, Ventnor, PO38 1LE4 bed period flat
- Brook House, Park Avenue, Ventnor, PO38 1LE
- Candlelight Cottage, Park Avenue, Ventnor, PO38 1LE
- Castle Way, Park Avenue, Ventnor, PO38 1LE
- Clarence House, Park Avenue, Ventnor, PO38 1LE
- Daulston, Park Avenue, Ventnor, PO38 1LE5 bed house
- Fernleigh Apartments, Park Avenue, Ventnor, PO38 Modern building12 units
- Park Lodge, Park Avenue, Ventnor, PO38 1LE
- Park View, Park Avenue, Ventnor, PO38 1LE
Sales Historyin PO38 1LE
The last sale was on 25th April 2023 for £855,000 and since then the market in the area has decreased by 13.0%. The postcode has had a total of 26 sales since 1995.
PO38 1LE has seen 2 sales in the last three years and no sales in the last twelve months.
Sold Apr 2023£855,000 | 5 Bed HousePark AvenueDaulston, Park Avenue, Ventnor, PO38 1LE
Sold Mar 2023£195,000 | 2 Bed FlatPark Avenue1 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Dec 2022£195,000 | 2 Bed FlatPark Avenue12 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold May 2022£225,000 | 3 Bed FlatPark Avenue4 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Dec 2019£510,000 | 5 Bed HousePark AvenueDaulston, Park Avenue, Ventnor, PO38 1LE
Sold Nov 2019£225,000 | 3 Bed FlatPark Avenue8 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Dec 2018£790,000 | 3 Bed HousePark AvenueClarence House, Park Avenue, Ventnor, PO38 1LE
Sold Jul 2017£235,000 | 3 Bed FlatPark Avenue5 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Jun 2017£1,318 | 3 Bed HousePark AvenueCastle Way, Park Avenue, Ventnor, PO38 1LE
Sold Jan 2011£130,000 | 2 Bed FlatPark Avenue12 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Jun 2010£190,000 | 3 Bed FlatPark Avenue2 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Apr 2010£179,950 | 2 Bed FlatPark Avenue7 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Feb 2010£135,000 | 2 Bed FlatPark Avenue11 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Oct 2009£195,000 | 3 Bed FlatPark Avenue8 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Feb 2008£159,500 | 3 Bed FlatPark Avenue2 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Feb 2008£160,000 | 2 Bed FlatPark Avenue9 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Sep 2007£187,500 | 3 Bed FlatPark Avenue4 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Aug 2007£232,000 | 3 Bed FlatPark Avenue8 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Jan 2007£210,000 | 3 Bed FlatPark Avenue5 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Jan 2007£210,000 | 2 Bed FlatPark Avenue1 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Nov 2006£210,000 | 3 Bed FlatPark Avenue2 Fernleigh Apartments, Park Avenue, Ventnor, PO38 1LE
Sold Aug 2006£530,000 | 3 Bed HousePark AvenueClarence House, Park Avenue, Ventnor, PO38 1LE
Sold Sep 2004£320,000 | 3 Bed HousePark AvenueCandlelight Cottage, Park Avenue, Ventnor, PO38 1LE
Sold Mar 2004£366,250 | 3 Bed HousePark AvenueBrook House, Park Avenue, Ventnor, PO38 1LE
Sold Mar 2002£115,000 | 3 Bed HousePark AvenuePark Lodge, Park Avenue, Ventnor, PO38 1LE
Sold Mar 1999£130,000 | 3 Bed HousePark AvenueCandlelight Cottage, Park Avenue, Ventnor, PO38 1LE
Nearby Postcodesto PO38 1LE
PO38 1LE is the 486th largest and the 118th most expensive postcode out of the 577 postcodes in the PO38 area.
- 152 mPO38 1LH, Gills Cliff Road, Ventnor, PO38PO38 1LH34 Addresses
- 156 mPO38 1LG, Castle Road, Ventnor, PO38PO38 1LG29 Addresses
- 171 mPO38 1LD, Park Avenue, Ventnor, PO38PO38 1LD8 Addresses
- 177 mPO38 1LF, Park Avenue, Ventnor, PO38PO38 1LF8 Addresses
- 231 mPO38 1DF, St. Albans Gardens, Ventnor, PO38PO38 1DF14 Addresses
- 244 mPO38 1AD, Gills Cliff Road, Ventnor, PO38PO38 1AD58 Addresses
Estate Agents active nearby!
What's this?
Be the first Estate
Agent here!
Property Typesin PO38 1LE
- 4 period flats built between 1800 and 1911
- 12 modern flats built after 1980
- 1 house of an unknown age
- 6 other addresses of unknown type
- period flat (4)
- modern flat (12)
- house (1)
- Unknown (6)
Energy Efficiencyof properties in PO38 1LE
- Energy Performance Certificate (EPC) surveys conducted for 13 properties.
- The dominant rating is C.
- A (0)
- E (4)
- B (1)
- F (0)
- C (5)
- G (0)
- D (3)
- No EPC (10)
Top 3 Most Expensive Saleson Park Avenue
Schools Nearbyto PO38 1LE
The nearest primary school to PO38 1LE is St Francis Catholic and Church of England Primary Academy which is 829 metres away.
- 829mSt Francis Catholic and Church of England Primary Academy
- 2.6kmWroxall Primary School
- 4.7kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 802 metres away.
- 802mThe Island Free School
- 13.1kmChrist The King College
- 13.5kmCarisbrooke College
More reading links
Public Transport Nearbyto PO38 1LE
The closest station to PO38 1LE is Shanklin station which is 5.2 kilometres away.
- 5.2kmShanklin
- 6.9kmLake
- 8.0kmSandown
- 10.9kmBrading
Loading...
Loading...
Loading...
Loading...
