Madeira Road - PO38 1QZ
Key Postcode Insights
PO38 1QZ is a residential postcode situated on Madeira Road, Ventnor, PO38 with 9 addresses.
It ranks as the 294th largest and 297th 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: 4 houses, 2 flats and 3 other properties.
- Ave. Sale Price
- £296,130
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £1,569pcm
- 10 Year change
- up 45.0%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
PO38 1QZ is a residential postcode situated on Madeira Road, Ventnor, PO38 with 9 addresses.
It ranks as the 294th largest and 297th 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: 4 houses, 2 flats and 3 other properties.
- Ave. Sale Price
- £296,130
- 10 Year change
- up 27.9%
- Ave. Rental Price
- £1,569pcm
- 10 Year change
- up 45.0%
- Ave. £ per ft²
- £225/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Properties in PO38 1QZ
- 57 Madeira Road
House
- 59 Madeira Road
3 Bed Period House
- 61 Madeira Road
4 Bed Mid-century House
- 63 Madeira Road
Building | 2 Flats
- 65 Madeira Road
3 Bed Mid-century House
Sales Market Trends
The last sale in PO38 1QZ sold for £357,500 on 27th March 2025. Since then prices are down an average of 3.9%.
The current average value in the postcode is £296,130.
The PO38 1QZ Sales Market has increased by 27.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.4% | £296,130 |
| June 2025 | 1.6% | £309,877 |
| June 2024 | -8% | £305,002 |
| June 2023 | 1.7% | £331,450 |
| June 2022 | 8.9% | £325,789 |
| June 2021 | 8.4% | £299,114 |
| June 2020 | 9.8% | £276,010 |
| June 2019 | 6.3% | £251,465 |
| June 2018 | 1.8% | £236,576 |
| June 2017 | 0.4% | £232,318 |
| June 2016 | 7.3% | £231,491 |
| June 2015 | 3.4% | £215,816 |
| June 2014 | 2.8% | £208,652 |
| June 2013 | -4.9% | £203,009 |
| June 2012 | -0.9% | £213,422 |
| June 2011 | -2.6% | £215,410 |
| June 2010 | 8.8% | £221,048 |
| June 2009 | -7.2% | £203,078 |
| June 2008 | -1.2% | £218,751 |
| June 2007 | 0% | £221,374 |
Rental Market Trends
The current average rental value in the postcode is £1,569.
The PO38 1QZ Rental Market has increased by 45.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,569pcm |
| June 2025 | 2.7% | £1,523pcm |
| June 2024 | 7.6% | £1,483pcm |
| June 2023 | 7.7% | £1,378pcm |
| June 2022 | 9.7% | £1,279pcm |
| June 2021 | 5.8% | £1,166pcm |
| June 2020 | 1.1% | £1,102pcm |
| June 2019 | 2.3% | £1,090pcm |
| June 2018 | 0.7% | £1,065pcm |
| June 2017 | -2.2% | £1,058pcm |
| June 2016 | 5.6% | £1,082pcm |
| June 2015 | 4.6% | £1,025pcm |
| June 2014 | 5.6% | £980pcm |
| June 2013 | 1.5% | £928pcm |
| June 2012 | -1.1% | £914pcm |
| June 2011 | 5.8% | £924pcm |
| June 2010 | 7.6% | £873pcm |
| June 2009 | -2.3% | £812pcm |
| June 2008 | 3.4% | £831pcm |
| June 2007 | 0% | £803pcm |
Sales History
The last recorded sale was on 27th March 2025 for £357,500 and since then the market in the area has decreased by 3.9%.
PO38 1QZ has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Mar 2025£357,500 | 4 Bed House61, Madeira Road, Ventnor, PO38 1QZ61, Madeira Road, Ventnor, PO38 1QZ
- Sold Jan 2025£320,000 | 3 Bed House69, Madeira Road, Ventnor, PO38 1QZ69, Madeira Road, Ventnor, PO38 1QZ
- Sold May 2020£138,500 | 3 Bed Flat63, Madeira Road, Ventnor, PO38 1QZ63, Madeira Road, Ventnor, PO38 1QZ
Nearby Postcodes
PO38 1QZ is the 294th largest and the 297th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1RB, Trinity Road, Ventnor, PO38PO38 1RB1 Address|82 m away
- PO38 1RD, Bonchurch Village Road, Ventnor, PO38PO38 1RD1 Address|84 m away
- PO38 1QY, Madeira Road, Ventnor, PO38PO38 1QY9 Addresses|88 m away
- PO38 1RE, Bonchurch Village Road, Ventnor, PO38PO38 1RE3 Addresses|110 m away
- PO38 1NR, Maples Drive, Ventnor, PO38PO38 1NR22 Addresses|132 m away
Property Types
- 1 period house built between 1800 and 1911
- 3 mid-century houses built between 1936 and 1979
- 2 mid-century flats built between 1936 and 1979
- 3 other addresses of unknown type
- period house (1)
- mid-century house (3)
- mid-century flat (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 6 properties.
- The most common rating is F.
- A (0)
- E (1)
- B (0)
- F (3)
- C (1)
- 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 Academy2.0 km away
- Wroxall Primary School2.8 km away
- St Blasius Shanklin CofE Primary Academy3.5 km away
- The Island Free School1.8 km away
- Christ The King College13.5 km away
- Carisbrooke College13.9 km away
More reading links
Public Transport Nearby
The closest station to PO38 1QZ is Shanklin station, which is 4.0 kilometres away.
- Shanklin|4.0 km away
- Lake|5.6 km away
- Sandown|6.8 km away
- Brading|9.7 km away
