Madeira Road - PO38 1QY
Key Postcode Insights
PO38 1QY is a residential postcode situated on Madeira Road, Ventnor, PO38 with 9 addresses.
It ranks as the 293rd largest and 562nd most expensive of the 576 postcodes in the PO38 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 7 houses and 2 other properties.
- Ave. Sale Price
- £730,861
- 10 Year change
- up 34.5%
- Ave. Rental Price
- £2,209pcm
- 10 Year change
- up 52.4%
- Ave. £ per ft²
- £498/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Key Postcode Insights
PO38 1QY is a residential postcode situated on Madeira Road, Ventnor, PO38 with 9 addresses.
It ranks as the 293rd largest and 562nd most expensive of the 576 postcodes in the PO38 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 9 properties: 7 houses and 2 other properties.
- Ave. Sale Price
- £730,861
- 10 Year change
- up 34.5%
- Ave. Rental Price
- £2,209pcm
- 10 Year change
- up 52.4%
- Ave. £ per ft²
- £498/ft²
- Ave. Gross Yield
- 3.6%/year/yr
Explore Properties in PO38 1QY
- 41 Madeira Road
3 Bed Mid-century House
- 43 Madeira Road
4 Bed Period House
- 45 Madeira Road
House
- 47 Madeira Road
3 Bed Mid-century House
- 49A Madeira Road
4 Bed Mid-century House
Sales Market Trends
The last sale in PO38 1QY sold for £1,210,500 on 29th January 2021. Since then prices are up an average of 3.8%.
The current average value in the postcode is £730,861.
The PO38 1QY Sales Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.3% | £730,861 |
| June 2025 | 2.2% | £763,759 |
| June 2024 | -8.5% | £746,994 |
| June 2023 | 2% | £816,678 |
| June 2022 | 10.4% | £800,953 |
| June 2021 | 9.4% | £725,372 |
| June 2020 | 9.8% | £662,931 |
| June 2019 | 6.5% | £603,540 |
| June 2018 | 2.8% | £566,757 |
| June 2017 | 1.5% | £551,209 |
| June 2016 | 7.8% | £543,323 |
| June 2015 | 3.6% | £504,122 |
| June 2014 | 2.8% | £486,529 |
| June 2013 | -4.8% | £473,189 |
| June 2012 | -0.5% | £497,068 |
| June 2011 | -1.7% | £499,392 |
| June 2010 | 10.2% | £508,233 |
| June 2009 | -6.9% | £461,103 |
| June 2008 | -0.9% | £495,071 |
| June 2007 | 0% | £499,785 |
Rental Market Trends
The current average rental value in the postcode is £2,209.
The PO38 1QY Rental Market has increased by 52.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.1% | £2,209pcm |
| June 2025 | 3.4% | £2,142pcm |
| June 2024 | 7% | £2,072pcm |
| June 2023 | 7.9% | £1,937pcm |
| June 2022 | 11.2% | £1,794pcm |
| June 2021 | 6.8% | £1,614pcm |
| June 2020 | 1.2% | £1,511pcm |
| June 2019 | 2.5% | £1,493pcm |
| June 2018 | 1.7% | £1,456pcm |
| June 2017 | -1.1% | £1,433pcm |
| June 2016 | 6.1% | £1,449pcm |
| June 2015 | 4.7% | £1,366pcm |
| June 2014 | 5.7% | £1,304pcm |
| June 2013 | 1.6% | £1,234pcm |
| June 2012 | -0.6% | £1,215pcm |
| June 2011 | 6.7% | £1,223pcm |
| June 2010 | 8.9% | £1,146pcm |
| June 2009 | -2% | £1,052pcm |
| June 2008 | 3.7% | £1,073pcm |
| June 2007 | 0% | £1,035pcm |
Sales History
The last recorded sale was on 29th January 2021 for £1,210,500 and since then the market in the area has increased by 3.8%.
PO38 1QY has had 3 sales since 1995, none of them in the last three years.
- Sold Jan 2021£1,210,500 | 5 Bed House49, Madeira Road, Ventnor, PO38 1QY49, Madeira Road, Ventnor, PO38 1QY
- Sold Nov 2015£260,000 | 4 Bed House49A, Madeira Road, Ventnor, PO38 1QY49A, Madeira Road, Ventnor, PO38 1QY
- Sold Jun 2013£185,000 | 3 Bed House47, Madeira Road, Ventnor, PO38 1QY47, Madeira Road, Ventnor, PO38 1QY
Nearby Postcodes
PO38 1QY is the 293rd largest and the 562nd most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1QJ, Madeira Road, Ventnor, PO38PO38 1QJ19 Addresses|82 m away
- PO38 1QZ, Madeira Road, Ventnor, PO38PO38 1QZ9 Addresses|88 m away
- PO38 1RB, Trinity Road, Ventnor, PO38PO38 1RB1 Address|109 m away
- PO38 1RP, Madeira Road, Ventnor, PO38PO38 1RP28 Addresses|112 m away
- PO38 1QU, Madeira Vale, Ventnor, PO38PO38 1QU8 Addresses|138 m away
Property Types
- 3 period houses built between 1800 and 1911
- 3 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (3)
- mid-century house (3)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
- The most common rating is E.
- A (0)
- E (3)
- B (0)
- F (2)
- C (0)
- G (0)
- D (1)
- No EPC (3)
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 Academy1.9 km away
- Wroxall Primary School2.9 km away
- St Blasius Shanklin CofE Primary Academy3.6 km away
- The Island Free School1.8 km away
- Christ The King College13.5 km away
- Carisbrooke College14.0 km away
More reading links
Public Transport Nearby
The closest station to PO38 1QY is Shanklin station, which is 4.1 kilometres away.
- Shanklin|4.1 km away
- Lake|5.7 km away
- Sandown|6.9 km away
- Brading|9.7 km away
