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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO38 1QAHouse Prices / South East, Isle of Wight, Banas Close
Last updated May 2026
Key Postcode Insights
PO38 1QA is a residential postcode situated on Banas Close, Ventnor, PO38 with 2 addresses.
It ranks as the 48th largest and 416th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
Key Postcode Insights
PO38 1QA is a residential postcode situated on Banas Close, Ventnor, PO38 with 2 addresses.
It ranks as the 48th largest and 416th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 2 properties: 2 houses.
2
Properties
- Houses
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House Pricesin PO38 1QA
Sale prices range from £401,354 for 4 bedroom freehold houses with a garden (1,550 ft2) to £404,693 for 4 bedroom freehold houses with a garden (1,711 ft2) .
Monthly rental prices range from £1,651 pcm for 4 bed houses to £1,665 pcm for 4 bed houses.
The gross rental yield is between 4.9% and 4.9%.
The average value per square foot is £248.
Average Sale Value
£403,024
Average Rental Value
£1,658 pcm
Average Rental Yield
4.9% /year
Average Value Per Sqft
£248 /ft2
Sales Market Trendsin PO38 1QA
The last sale in PO38 1QA sold for £227,000 on 7th December 2005. Since then prices are down an average of 0.0%.
The current average value in the postcode is £403,024.
The PO38 1QA Sales Market has increased by 36.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -6.2% | £403,024 |
| April 2025 | 2.4% | £429,490 |
| April 2024 | -9.6% | £419,486 |
| April 2023 | 7.2% | £464,183 |
| April 2022 | 8% | £432,909 |
| April 2021 | 11.1% | £400,867 |
| April 2020 | 7.1% | £360,732 |
| April 2019 | 7.1% | £336,765 |
| April 2018 | 3.2% | £314,437 |
| April 2017 | 3.4% | £304,748 |
| April 2016 | 6% | £294,680 |
| April 2015 | 2.8% | £278,124 |
| April 2014 | 5.7% | £270,545 |
| April 2013 | -4.3% | £255,942 |
| April 2012 | -0.8% | £267,544 |
| April 2011 | 0.1% | £269,822 |
| April 2010 | 7.1% | £269,463 |
| April 2009 | -9.1% | £251,711 |
| April 2008 | 2.3% | £276,948 |
| April 2007 | 0% | £270,670 |
Rental Market Trendsin PO38 1QA
The current average rental value in the postcode is £1,658.
The PO38 1QA Rental Market has increased by 55.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.6% | £1,658pcm |
| April 2025 | 4% | £1,600pcm |
| April 2024 | 6.8% | £1,538pcm |
| April 2023 | 8.5% | £1,440pcm |
| April 2022 | 11.4% | £1,327pcm |
| April 2021 | 6% | £1,192pcm |
| April 2020 | 1.8% | £1,124pcm |
| April 2019 | 2.4% | £1,105pcm |
| April 2018 | 0.3% | £1,078pcm |
| April 2017 | 0.8% | £1,075pcm |
| April 2016 | 7.3% | £1,066pcm |
| April 2015 | 3.8% | £994pcm |
| April 2014 | 5.7% | £957pcm |
| April 2013 | 3.8% | £905pcm |
| April 2012 | 0% | £872pcm |
| April 2011 | 6.9% | £872pcm |
| April 2010 | 5.3% | £816pcm |
| April 2009 | -1.5% | £775pcm |
| April 2008 | 4.8% | £787pcm |
| April 2007 | 0% | £751pcm |
Explore Propertiesin PO38 1QA, Banas Close, Ventnor, PO38
Sales Historyin PO38 1QA
The last sale was on 7th December 2005 for £227,000 and since then the market in the area has remained stable. The postcode has had a total of 3 sales since 1995.
PO38 1QA has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto PO38 1QA
PO38 1QA is the 48th largest and the 416th most expensive postcode out of the 577 postcodes in the PO38 area.
- 104 mPO38 1NP, St. Boniface Road, Ventnor, PO38PO38 1NP12 Addresses
- 131 mPO38 1NW, Trinity Road, Ventnor, PO38PO38 1NW2 Addresses
- 136 mPO38 1NN, St. Boniface Road, Ventnor, PO38PO38 1NN4 Addresses
- 155 mPO38 1NS, Trinity Road, Ventnor, PO38PO38 1NS24 Addresses
- 178 mPO38 1RD, Bonchurch Village Road, Ventnor, PO38PO38 1RD1 Addresses
- 182 mPO38 1RB, Trinity Road, Ventnor, PO38PO38 1RB1 Addresses
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Property Typesin PO38 1QA
- 2 modern houses built after 1980
- modern house (2)
Energy Efficiencyof properties in PO38 1QA
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (0)
Schools Nearbyto PO38 1QA
The nearest primary school to PO38 1QA is St Francis Catholic and Church of England Primary Academy which is 1.7 kilometres away.
- 1.7kmSt Francis Catholic and Church of England Primary Academy
- 2.6kmWroxall Primary School
- 3.5kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 1.6 kilometres away.
- 1.6kmThe Island Free School
- 13.3kmChrist The King College
- 13.7kmCarisbrooke College
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Public Transport Nearbyto PO38 1QA
The closest station to PO38 1QA is Shanklin station which is 4.0 kilometres away.
- 4.0kmShanklin
- 5.7kmLake
- 6.8kmSandown
- 9.7kmBrading
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