PO38 1PU is a residential postcode situated on Leeson Road, Ventnor, PO38 with 17 addresses.
It ranks as the 435th largest and 142nd most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 17 properties: 17 houses.
PO38 1PU is a residential postcode situated on Leeson Road, Ventnor, PO38 with 17 addresses.
It ranks as the 435th largest and 142nd most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 17 properties: 17 houses.
Sale prices range from £179,126 for 3 bedroom freehold houses with a garden (641 ft2) to £545,150 for 5 bedroom freehold houses with a garden (2,669 ft2) .
Monthly rental prices range from £1,096 pcm for 3 bed houses to £2,280 pcm for 5 bed houses.
The gross rental yield is between 5.0% and 7.3%.
The average value per square foot is £259.
The last sale in PO38 1PU sold for £150,000 on 25th July 2025. Since then prices are down an average of 3.3%.
The current average value in the postcode is £236,781.
The PO38 1PU Sales Market has increased by 37.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.2% | £236,781 |
| April 2025 | 2.4% | £249,693 |
| April 2024 | -9.7% | £243,893 |
| April 2023 | 6.7% | £270,008 |
| April 2022 | 8.6% | £253,110 |
| April 2021 | 10.6% | £233,101 |
| April 2020 | 6.8% | £210,776 |
| April 2019 | 7.3% | £197,284 |
| April 2018 | 3.3% | £183,880 |
| April 2017 | 3% | £177,999 |
| April 2016 | 5.6% | £172,776 |
| April 2015 | 3% | £163,667 |
| April 2014 | 5.8% | £158,922 |
| April 2013 | -4.5% | £150,201 |
| April 2012 | -1% | £157,215 |
| April 2011 | -0.5% | £158,774 |
| April 2010 | 6.8% | £159,555 |
| April 2009 | -9.3% | £149,395 |
| April 2008 | 1.5% | £164,691 |
| April 2007 | 0% | £162,182 |
The current average rental value in the postcode is £1,276.
The PO38 1PU Rental Market has increased by 55.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.7% | £1,276pcm |
| April 2025 | 4% | £1,218pcm |
| April 2024 | 6.7% | £1,171pcm |
| April 2023 | 8% | £1,097pcm |
| April 2022 | 12% | £1,016pcm |
| April 2021 | 5.5% | £908pcm |
| April 2020 | 1.5% | £861pcm |
| April 2019 | 2.6% | £848pcm |
| April 2018 | 0.4% | £826pcm |
| April 2017 | 0.5% | £823pcm |
| April 2016 | 6.9% | £819pcm |
| April 2015 | 4% | £766pcm |
| April 2014 | 5.8% | £737pcm |
| April 2013 | 3.7% | £696pcm |
| April 2012 | -0.2% | £671pcm |
| April 2011 | 6.2% | £672pcm |
| April 2010 | 5% | £633pcm |
| April 2009 | -1.7% | £603pcm |
| April 2008 | 4% | £613pcm |
| April 2007 | 0% | £589pcm |
The last sale was on 25th July 2025 for £150,000 and since then the market in the area has decreased by 3.3%. The postcode has had a total of 29 sales since 1995.
PO38 1PU has seen 4 sales in the last three years and 2 sales in the last twelve months.
PO38 1PU is the 435th largest and the 142nd most expensive postcode out of the 577 postcodes in the PO38 area.
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The closest station to PO38 1PU is Shanklin station which is 3.4 kilometres away.
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According to recent data from Ofcom, there is poor internet coverage in this area which may result in poor or no internet connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around PO38 1PU, 62.1% of property is privately owned outright and 21.1% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PO38 1PU, 9.6% of residents are recorded as possessing school level qualifications and 33.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PO38 1PU, the average age was 50.5 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PO38 1PU, 0.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PO38 1PU, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.