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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 1QLHouse Prices / South East, Isle of Wight, Madeira Road
Last updated May 2026
Key Postcode Insights
PO38 1QL is a residential postcode situated on Madeira Road, Ventnor, PO38 with 12 addresses.
It ranks as the 367th largest and 35th 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 12 properties: 12 flats.
12
Properties
- Flats
Key Postcode Insights
PO38 1QL is a residential postcode situated on Madeira Road, Ventnor, PO38 with 12 addresses.
It ranks as the 367th largest and 35th 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 12 properties: 12 flats.
12
Properties
- Flats
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House Pricesin PO38 1QL
Sale prices range from £138,062 for 2 bedroom Leasehold flats (602 ft2) to £138,062 for 2 bedroom Leasehold flats (602 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 £242.
Average Sale Value
£138,062
Average Rental Value
£852 pcm
Average Rental Yield
7.4% /year
Average Value Per Sqft
£242 /ft2
Sales Market Trendsin PO38 1QL
The current average value in the postcode is £138,062.
The PO38 1QL Sales Market has increased by 18.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -6.4% | £138,062 |
| April 2025 | 1.3% | £147,564 |
| April 2024 | -7.9% | £145,623 |
| April 2023 | 5.3% | £158,113 |
| April 2022 | 4.4% | £150,200 |
| April 2021 | 7.7% | £143,924 |
| April 2020 | 7.8% | £133,687 |
| April 2019 | 6.3% | £124,060 |
| April 2018 | 0.3% | £116,681 |
| April 2017 | 0.2% | £116,293 |
| April 2016 | 3.9% | £116,096 |
| April 2015 | 2.1% | £111,735 |
| April 2014 | 5% | £109,464 |
| April 2013 | -6.7% | £104,248 |
| April 2012 | -3% | £111,717 |
| April 2011 | -1.9% | £115,167 |
| April 2010 | 5.1% | £117,420 |
| April 2009 | -9.8% | £111,737 |
| April 2008 | -0.4% | £123,932 |
| April 2007 | 0% | £124,443 |
Rental Market Trendsin PO38 1QL
The current average rental value in the postcode is £852.
The PO38 1QL Rental Market has increased by 35.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.3% | £852pcm |
| April 2025 | 3% | £825pcm |
| April 2024 | 8.8% | £801pcm |
| April 2023 | 6.5% | £736pcm |
| April 2022 | 7.6% | £691pcm |
| April 2021 | 2.7% | £642pcm |
| April 2020 | 2.4% | £625pcm |
| April 2019 | 1.7% | £611pcm |
| April 2018 | -2.5% | £600pcm |
| April 2017 | -2.3% | £616pcm |
| April 2016 | 5.2% | £630pcm |
| April 2015 | 3.1% | £599pcm |
| April 2014 | 5% | £581pcm |
| April 2013 | 1.3% | £553pcm |
| April 2012 | -2.2% | £546pcm |
| April 2011 | 4.7% | £559pcm |
| April 2010 | 3.3% | £534pcm |
| April 2009 | -2.3% | £516pcm |
| April 2008 | 2% | £529pcm |
| April 2007 | 0% | £518pcm |
Explore Buildingsin PO38 1QL, Madeira Road, Ventnor, PO38
Nearby Postcodesto PO38 1QL
PO38 1QL is the 367th largest and the 35th most expensive postcode out of the 577 postcodes in the PO38 area.
- 38 mPO38 1NL, Trinity Road, Ventnor, PO38PO38 1NL42 Addresses
- 43 mPO38 1QP, Madeira Road, Ventnor, PO38PO38 1QP24 Addresses
- 61 mPO38 1NY, Trinity Road, Ventnor, PO38PO38 1NY2 Addresses
- 91 mPO38 1HW, Madeira Road, Ventnor, PO38PO38 1HW6 Addresses
- 94 mPO38 1NE, Clarence Road, Ventnor, PO38PO38 1NE27 Addresses
- 97 mPO38 1NF, Clarence Road, Ventnor, PO38PO38 1NF11 Addresses
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Property Typesin PO38 1QL
- 12 mid-century flats built between 1936 and 1979
- mid-century flat (12)
Energy Efficiencyof properties in PO38 1QL
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The dominant rating is C.
- A (0)
- E (2)
- B (0)
- F (0)
- C (4)
- G (0)
- D (4)
- No EPC (2)
Schools Nearbyto PO38 1QL
The nearest primary school to PO38 1QL 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
- 2.8kmWroxall Primary School
- 3.8kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 1.5 kilometres away.
- 1.5kmThe Island Free School
- 13.5kmChrist The King College
- 13.9kmCarisbrooke College
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Public Transport Nearbyto PO38 1QL
The closest station to PO38 1QL is Shanklin station which is 4.3 kilometres away.
- 4.3kmShanklin
- 6.0kmLake
- 7.1kmSandown
- 10.0kmBrading