Bonchurch Village Road - PO38 1RE
Key Postcode Insights
PO38 1RE is a residential postcode situated on Bonchurch Village Road, Ventnor, PO38 with 3 addresses.
It ranks as the 84th largest and 368th most expensive of the 576 postcodes in the PO38 area.
The postcode contains a total of 3 properties: 2 houses and 1 other property.
- Ave. Sale Price
- £414,602
- 10 Year change
- up 34.5%
- Ave. Rental Price
- £1,626pcm
- 10 Year change
- up 52.4%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Key Postcode Insights
PO38 1RE is a residential postcode situated on Bonchurch Village Road, Ventnor, PO38 with 3 addresses.
It ranks as the 84th largest and 368th most expensive of the 576 postcodes in the PO38 area.
The postcode contains a total of 3 properties: 2 houses and 1 other property.
- Ave. Sale Price
- £414,602
- 10 Year change
- up 34.5%
- Ave. Rental Price
- £1,626pcm
- 10 Year change
- up 52.4%
- Ave. £ per ft²
- £388/ft²
- Ave. Gross Yield
- 4.7%/year/yr
Explore Properties in PO38 1RE
- Brookside
4 Bed House
- Elmbank Cottage
3 Bed Period House
- Woodland Cottage
House
Sales Market Trends
The last sale in PO38 1RE sold for £1,037,000 on 30th November 2023. Since then prices are down an average of 4.6%.
The current average value in the postcode is £414,602.
The PO38 1RE Sales Market has increased by 34.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £414,602 |
| June 2025 | 2.4% | £431,885 |
| June 2024 | -8.7% | £421,713 |
| June 2023 | 2% | £461,695 |
| June 2022 | 10.4% | £452,678 |
| June 2021 | 9.3% | £409,998 |
| June 2020 | 9.7% | £375,107 |
| June 2019 | 6.3% | £341,955 |
| June 2018 | 3% | £321,619 |
| June 2017 | 1.2% | £312,138 |
| June 2016 | 8% | £308,357 |
| June 2015 | 3.7% | £285,426 |
| June 2014 | 3% | £275,132 |
| June 2013 | -4.7% | £267,187 |
| June 2012 | -0.5% | £280,375 |
| June 2011 | -2% | £281,816 |
| June 2010 | 10% | £287,609 |
| June 2009 | -7.3% | £261,498 |
| June 2008 | -1.1% | £281,967 |
| June 2007 | 0% | £285,242 |
Rental Market Trends
The current average rental value in the postcode is £1,626.
The PO38 1RE Rental Market has increased by 52.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,626pcm |
| June 2025 | 3.5% | £1,572pcm |
| June 2024 | 6.8% | £1,519pcm |
| June 2023 | 8% | £1,421pcm |
| June 2022 | 11.2% | £1,316pcm |
| June 2021 | 6.7% | £1,184pcm |
| June 2020 | 1.1% | £1,110pcm |
| June 2019 | 2.3% | £1,098pcm |
| June 2018 | 1.9% | £1,073pcm |
| June 2017 | -1.4% | £1,053pcm |
| June 2016 | 6.3% | £1,067pcm |
| June 2015 | 4.9% | £1,004pcm |
| June 2014 | 5.8% | £957pcm |
| June 2013 | 1.7% | £905pcm |
| June 2012 | -0.7% | £889pcm |
| June 2011 | 6.4% | £896pcm |
| June 2010 | 8.7% | £842pcm |
| June 2009 | -2.4% | £774pcm |
| June 2008 | 3.5% | £793pcm |
| June 2007 | 0% | £767pcm |
Sales History
The last recorded sale was on 30th November 2023 for £1,037,000 and since then the market in the area has decreased by 4.6%.
PO38 1RE has had 1 sale since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Nov 2023£1,037,000 | 4 Bed HouseBrookside, Bonchurch Village Road, Ventnor, PO38 1REBrookside, Bonchurch Village Road, Ventnor, PO38 1RE
Nearby Postcodes
PO38 1RE is the 84th largest and the 368th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1QZ, Madeira Road, Ventnor, PO38PO38 1QZ9 Addresses|110 m away
- PO38 1RF, Shore Road, Bonchurch, Ventnor, PO38PO38 1RF32 Addresses|156 m away
- PO38 1QJ, Madeira Road, Ventnor, PO38PO38 1QJ19 Addresses|165 m away
- PO38 1QY, Madeira Road, Ventnor, PO38PO38 1QY9 Addresses|167 m away
- PO38 1RD, Bonchurch Village Road, Ventnor, PO38PO38 1RD1 Address|178 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 house of an unknown age
- 1 other address of unknown type
- period house (1)
- house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 1 property.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Dec 2022£1,475,000 | 5 Bed HouseUppermount, Bonchurch Village Road, Ventnor, PO38 1RGUppermount, Bonchurch Village Road, Ventnor, PO38 1RG
- Sold Nov 2023£1,037,000 | 4 Bed HouseBrookside, Bonchurch Village Road, Ventnor, PO38 1REBrookside, Bonchurch Village Road, Ventnor, PO38 1RE
- Sold Aug 2009£710,000 | 4 Bed HouseSpring Cottage, Bonchurch Village Road, Ventnor, PO38 1RQSpring Cottage, Bonchurch Village Road, Ventnor, PO38 1RQ
Schools Nearby
- St Francis Catholic and Church of England Primary Academy2.1 km away
- Wroxall Primary School2.9 km away
- St Blasius Shanklin CofE Primary Academy3.5 km away
- The Island Free School1.9 km away
- Christ The King College13.5 km away
- Lift Ryde13.9 km away
More reading links
Public Transport Nearby
The closest station to PO38 1RE 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|9.6 km away
