Madeira Road - PO38 1QP
Key Postcode Insights
PO38 1QP is a residential postcode situated on Madeira Road, Ventnor, PO38 with 24 addresses.
It ranks as the 490th largest and 247th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 24 properties: 8 houses, 11 flats and 5 other properties.
- Ave. Sale Price
- £314,166
- 10 Year change
- up 24.2%
- Ave. Rental Price
- £1,527pcm
- 10 Year change
- up 40.8%
- Ave. £ per ft²
- £205/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
PO38 1QP is a residential postcode situated on Madeira Road, Ventnor, PO38 with 24 addresses.
It ranks as the 490th largest and 247th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 24 properties: 8 houses, 11 flats and 5 other properties.
- Ave. Sale Price
- £314,166
- 10 Year change
- up 24.2%
- Ave. Rental Price
- £1,527pcm
- 10 Year change
- up 40.8%
- Ave. £ per ft²
- £205/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Properties in PO38 1QP
- 1 Madeira Road
Building  |  3 Flats
- 2 Madeira Road
3 Bed Period House
- 3 Madeira Road
Building  |  3 Flats
- 4 Madeira Road
House
- 5 Madeira Road
Building  |  3 Flats
Sales Market Trends
The last sale in PO38 1QP sold for £390,000 on 16th December 2025. Since then prices are down an average of 1.3%.
The current average value in the postcode is £314,166.
The PO38 1QP Sales Market has increased by 24.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.5% | £314,166 |
| June 2025 | 1.3% | £329,010 |
| June 2024 | -7.5% | £324,738 |
| June 2023 | 1.7% | £351,137 |
| June 2022 | 7.8% | £345,197 |
| June 2021 | 7.5% | £320,099 |
| June 2020 | 9.8% | £297,877 |
| June 2019 | 6.2% | £271,255 |
| June 2018 | 1.5% | £255,445 |
| June 2017 | -0.4% | £251,755 |
| June 2016 | 6.8% | £252,861 |
| June 2015 | 3.4% | £236,716 |
| June 2014 | 2.6% | £228,911 |
| June 2013 | -4.9% | £223,119 |
| June 2012 | -1.1% | £234,517 |
| June 2011 | -3% | £237,162 |
| June 2010 | 8.3% | £244,448 |
| June 2009 | -7.4% | £225,786 |
| June 2008 | -1.1% | £243,882 |
| June 2007 | 0% | £246,666 |
Rental Market Trends
The current average rental value in the postcode is £1,527.
The PO38 1QP Rental Market has increased by 40.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,527pcm |
| June 2025 | 2.4% | £1,484pcm |
| June 2024 | 8.2% | £1,449pcm |
| June 2023 | 7.7% | £1,339pcm |
| June 2022 | 8.6% | £1,244pcm |
| June 2021 | 4.9% | £1,145pcm |
| June 2020 | 1.2% | £1,092pcm |
| June 2019 | 2.2% | £1,079pcm |
| June 2018 | 0.3% | £1,055pcm |
| June 2017 | -3% | £1,052pcm |
| June 2016 | 5.1% | £1,085pcm |
| June 2015 | 4.5% | £1,031pcm |
| June 2014 | 5.4% | £987pcm |
| June 2013 | 1.5% | £936pcm |
| June 2012 | -1.3% | £922pcm |
| June 2011 | 5.4% | £934pcm |
| June 2010 | 7% | £886pcm |
| June 2009 | -2.6% | £828pcm |
| June 2008 | 3.5% | £850pcm |
| June 2007 | 0% | £821pcm |
Sales History
The last recorded sale was on 16th December 2025 for £390,000 and since then the market in the area has decreased by 1.3%.
PO38 1QP has had 3 sales since 1995, with 2 in the last three years and 1 in the last twelve months.
- Sold Dec 2025£390,000 | 3 Bed House26, Madeira Road, Ventnor, PO38 1QP26, Madeira Road, Ventnor, PO38 1QP
- Sold Jun 2024£505,000 | 4 Bed House22, Madeira Road, Ventnor, PO38 1QP22, Madeira Road, Ventnor, PO38 1QP
- Sold Jul 2022£215,000 | 2 Bed Flat8B, Madeira Road, Ventnor, PO38 1QP8B, Madeira Road, Ventnor, PO38 1QP
Nearby Postcodes
PO38 1QP is the 490th largest and the 247th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1NL, Trinity Road, Ventnor, PO38PO38 1NL42 Addresses|41 m away
- PO38 1QL, Madeira Road, Ventnor, PO38PO38 1QL12 Addresses|43 m away
- PO38 1NE, Clarence Road, Wroxall, Ventnor, PO38PO38 1NE27 Addresses|56 m away
- PO38 1NF, Clarence Road, Wroxall, Ventnor, PO38PO38 1NF11 Addresses|79 m away
- PO38 1NB, East Street, Ventnor, PO38PO38 1NB6 Addresses|94 m away
Property Types
- 7 period houses built between 1800 and 1911
- 11 period flats built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 5 other addresses of unknown type
- period house (7)
- period flat (11)
- mid-century house (1)
- Unknown (5)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 16 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (0)
- C (0)
- G (0)
- D (11)
- No EPC (8)
Top 3 Most Expensive Sales
- Sold Jan 2021£1,210,500 | 5 Bed House49, Madeira Road, Ventnor, PO38 1QY49, Madeira Road, Ventnor, PO38 1QY
- Sold Sep 2012£800,000 | 5 Bed House49, Madeira Road, Ventnor, PO38 1QY49, Madeira Road, Ventnor, PO38 1QY
- Sold May 2013£654,000 | 4 Bed House68, Madeira Road, Ventnor, PO38 1QY68, Madeira Road, Ventnor, PO38 1QY
Schools Nearby
- St Francis Catholic and Church of England Primary Academy1.6 km away
- Wroxall Primary School2.8 km away
- St Blasius Shanklin CofE Primary Academy3.8 km away
- The Island Free School1.5 km away
- Christ The King College13.4 km away
- Carisbrooke College13.9 km away
More reading links
Public Transport Nearby
The closest station to PO38 1QP is Shanklin station, which is 4.3 kilometres away.
- Shanklin|4.3 km away
- Lake|6.0 km away
- Sandown|7.1 km away
- Brading|10.0 km away
