Park Avenue - PO38 1LF
Key Postcode Insights
PO38 1LF is a residential postcode situated on Park Avenue, Ventnor, PO38 with 8 addresses.
It ranks as the 261st largest and 399th most expensive of the 576 postcodes in the PO38 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 8 properties: 5 houses and 3 flats.
- Ave. Sale Price
- £359,941
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,445pcm
- 10 Year change
- up 46.0%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
PO38 1LF is a residential postcode situated on Park Avenue, Ventnor, PO38 with 8 addresses.
It ranks as the 261st largest and 399th most expensive of the 576 postcodes in the PO38 area. The most common property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 8 properties: 5 houses and 3 flats.
- Ave. Sale Price
- £359,941
- 10 Year change
- up 29.0%
- Ave. Rental Price
- £1,445pcm
- 10 Year change
- up 46.0%
- Ave. £ per ft²
- £289/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Propertiesin PO38 1LF
- Clock House
Building | 2 Flats
- Glencliff
5 Bed Early-century House
- Lower Garden Lodge
House
- Park Mead
House
- Steephill House
5 Bed House
Sales Market Trends
The last sale in PO38 1LF sold for £549,950 on 14th June 2007. Since then prices are up an average of 35.8%.
The current average value in the postcode is £359,941.
The PO38 1LF Sales Market has increased by 29.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.8% | £359,941 |
| June 2025 | 1.7% | £377,912 |
| June 2024 | -8.1% | £371,684 |
| June 2023 | 1.9% | £404,475 |
| June 2022 | 8.9% | £396,827 |
| June 2021 | 8.7% | £364,461 |
| June 2020 | 10% | £335,358 |
| June 2019 | 6.6% | £304,747 |
| June 2018 | 1.8% | £285,994 |
| June 2017 | 0.6% | £280,940 |
| June 2016 | 7.3% | £279,128 |
| June 2015 | 3.5% | £260,102 |
| June 2014 | 2.6% | £251,298 |
| June 2013 | -5.1% | £244,975 |
| June 2012 | -0.8% | £258,040 |
| June 2011 | -2.3% | £260,158 |
| June 2010 | 9.6% | £266,152 |
| June 2009 | -6.6% | £242,813 |
| June 2008 | -0.9% | £259,908 |
| June 2007 | 0% | £262,225 |
Rental Market Trends
The current average rental value in the postcode is £1,445.
The PO38 1LF Rental Market has increased by 46.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,445pcm |
| June 2025 | 2.6% | £1,408pcm |
| June 2024 | 7.7% | £1,371pcm |
| June 2023 | 7.9% | £1,273pcm |
| June 2022 | 9.8% | £1,180pcm |
| June 2021 | 6.1% | £1,075pcm |
| June 2020 | 1.2% | £1,014pcm |
| June 2019 | 2.4% | £1,001pcm |
| June 2018 | 0.7% | £978pcm |
| June 2017 | -1.9% | £971pcm |
| June 2016 | 5.6% | £990pcm |
| June 2015 | 4.5% | £938pcm |
| June 2014 | 5.6% | £898pcm |
| June 2013 | 1.5% | £850pcm |
| June 2012 | -1.1% | £838pcm |
| June 2011 | 6.3% | £847pcm |
| June 2010 | 8.3% | £796pcm |
| June 2009 | -1.8% | £736pcm |
| June 2008 | 3.7% | £749pcm |
| June 2007 | 0% | £722pcm |
Sales History
The last sale was on 14th June 2007 for £549,950 and since then the market in the area has increased by 35.8%. The postcode has had a total of 3 sales since 1995.
PO38 1LF has seen no sales in the last three years and no sales in the last twelve months.
- Sold Jun 2007£549,950 | 5 Bed HouseSteephill House, Park Avenue, Ventnor, PO38 1LFSteephill House, Park Avenue, Ventnor, PO38 1LF
- Sold Apr 1999£66,000 | 3 Bed HouseUpper Garden Lodge, Park Avenue, Ventnor, PO38 1LFUpper Garden Lodge, Park Avenue, Ventnor, PO38 1LF
- Sold Jan 1996£47,000 | 2 Bed Flat1 Clock House, Park Avenue, Ventnor, PO38 1LF1 Clock House, Park Avenue, Ventnor, PO38 1LF
Nearby Postcodes
PO38 1LF is the 261st largest and the 399th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1LE, Park Avenue, Ventnor, PO38PO38 1LE23 Addresses|177 m away
- PO38 1UD, Castle Close, Ventnor, PO38PO38 1UD35 Addresses|179 m away
- PO38 1UB, Undercliff Gardens, Ventnor, PO38PO38 1UB16 Addresses|181 m away
- PO38 1LH, Gills Cliff Road, Ventnor, PO38PO38 1LH34 Addresses|266 m away
- PO38 1LG, Castle Road, Wroxall, Ventnor, PO38PO38 1LG29 Addresses|333 m away
Property Types
- 1 house of an unknown age
- 1 early-century house built between 1912 and 1935
- 6 other addresses of unknown type
- house (1)
- early-century house (1)
- Unknown (6)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (7)
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 Academy900 m away
- Wroxall Primary School2.8 km away
- Niton Primary School4.7 km away
- The Island Free School900 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 1LF is Shanklin station, which is 5.4 kilometres away.
- Shanklin|5.4 km away
- Lake|7.1 km away
- Sandown|8.2 km away
- Brading|11.1 km away
