Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
|
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO38 1LRHouse Prices / South East, Isle of Wight, Park Avenue
Last updated May 2026
Key Postcode Insights
PO38 1LR is a residential postcode situated on Park Avenue, Ventnor, PO38 with 33 addresses.
It ranks as the 538th largest and 33rd most expensive of the 577 postcodes in the PO38 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 33 properties: 33 flats.
33
Properties
- Flats
Key Postcode Insights
PO38 1LR is a residential postcode situated on Park Avenue, Ventnor, PO38 with 33 addresses.
It ranks as the 538th largest and 33rd most expensive of the 577 postcodes in the PO38 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 33 properties: 33 flats.
33
Properties
- Flats
Get a Fast Offer
for your property
House Pricesin PO38 1LR
Sale prices range from £138,062 for 2 bedroom Leasehold flats (559 ft2) to £138,062 for 2 bedroom Leasehold flats (559 ft2) .
Monthly rental prices range from £852 pcm for 2 bed flats to £852 pcm for 2 bed flats.
The gross rental yield is between 7.4% and 7.4%.
The average value per square foot is £247.
Average Sale Value
£138,062
Average Rental Value
£852 pcm
Average Rental Yield
7.4% /year
Average Value Per Sqft
£247 /ft2
Sales Market Trendsin PO38 1LR
The current average value in the postcode is £138,062.
The PO38 1LR Sales Market has increased by 16.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -6.8% | £138,062 |
| April 2025 | 1.5% | £148,093 |
| April 2024 | -8.1% | £145,887 |
| April 2023 | 5.4% | £158,735 |
| April 2022 | 3.8% | £150,576 |
| April 2021 | 7.6% | £145,011 |
| April 2020 | 6.6% | £134,795 |
| April 2019 | 7% | £126,503 |
| April 2018 | 0% | £118,218 |
| April 2017 | -0.2% | £118,259 |
| April 2016 | 4.8% | £118,455 |
| April 2015 | 2.2% | £113,072 |
| April 2014 | 5.5% | £110,682 |
| April 2013 | -6.9% | £104,959 |
| April 2012 | -2.4% | £112,797 |
| April 2011 | -2.1% | £115,559 |
| April 2010 | 5.6% | £118,079 |
| April 2009 | -8.5% | £111,802 |
| April 2008 | 0.3% | £122,135 |
| April 2007 | 0% | £121,790 |
Rental Market Trendsin PO38 1LR
The current average rental value in the postcode is £852.
The PO38 1LR Rental Market has increased by 32.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3% | £852pcm |
| April 2025 | 3% | £827pcm |
| April 2024 | 8.8% | £803pcm |
| April 2023 | 6.7% | £738pcm |
| April 2022 | 7.2% | £692pcm |
| April 2021 | 2.5% | £645pcm |
| April 2020 | 1.1% | £630pcm |
| April 2019 | 2.2% | £622pcm |
| April 2018 | -2.8% | £609pcm |
| April 2017 | -2.7% | £627pcm |
| April 2016 | 6.1% | £644pcm |
| April 2015 | 3.1% | £607pcm |
| April 2014 | 5.6% | £589pcm |
| April 2013 | 1.2% | £558pcm |
| April 2012 | -1.7% | £551pcm |
| April 2011 | 4.6% | £561pcm |
| April 2010 | 3.7% | £536pcm |
| April 2009 | -0.8% | £517pcm |
| April 2008 | 2.7% | £521pcm |
| April 2007 | 0% | £507pcm |
Explore Buildingsin PO38 1LR, Park Avenue, Ventnor, PO38
Nearby Postcodesto PO38 1LR
PO38 1LR is the 538th largest and the 33rd most expensive postcode out of the 577 postcodes in the PO38 area.
- 52 mPO38 1JZ, Belgrave Road, Ventnor, PO38PO38 1JZ4 Addresses
- 100 mPO38 1LD, Park Avenue, Ventnor, PO38PO38 1LD8 Addresses
- 106 mPO38 1LQ, Castle Road, Ventnor, PO38PO38 1LQ3 Addresses
- 118 mPO38 1BY, Zig Zag Road, Ventnor, PO38PO38 1BY13 Addresses
- 134 mPO38 1LL, Zig Zag Road, Ventnor, PO38PO38 1LL18 Addresses
- 145 mPO38 1JY, Bath Road, Ventnor, PO38PO38 1JY21 Addresses
Estate Agents active nearby!
What's this?
Be the first Estate
Agent here!
Property Typesin PO38 1LR
- 33 mid-century flats built between 1936 and 1979
- mid-century flat (33)
Energy Efficiencyof properties in PO38 1LR
- Energy Performance Certificate (EPC) surveys conducted for 32 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (4)
- F (0)
- C (28)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Saleson Park Avenue
Schools Nearbyto PO38 1LR
The nearest primary school to PO38 1LR is St Francis Catholic and Church of England Primary Academy which is 851 metres away.
- 851mSt Francis Catholic and Church of England Primary Academy
- 2.6kmWroxall Primary School
- 4.5kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 781 metres away.
- 781mThe Island Free School
- 13.1kmChrist The King College
- 13.5kmCarisbrooke College
More reading links
Public Transport Nearbyto PO38 1LR
The closest station to PO38 1LR is Shanklin station which is 5.0 kilometres away.
- 5.0kmShanklin
- 6.7kmLake
- 7.9kmSandown
- 10.7kmBrading