PO38 1RH

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PO38 1RHHouse Prices / South East, Isle of Wight, Shore Road

Last updated May 2026

Key Postcode Insights

PO38 1RH is a residential postcode situated on Shore Road, Bonchurch, Ventnor, PO38 with 45 addresses.

It ranks as the 565th largest and 51st 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 45 properties: 45 flats.

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Flats

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Key Postcode Insights

PO38 1RH is a residential postcode situated on Shore Road, Bonchurch, Ventnor, PO38 with 45 addresses.

It ranks as the 565th largest and 51st 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 45 properties: 45 flats.

Properties

Flats

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House Pricesin PO38 1RH

Sale prices range from £103,150 for 1 bedroom leasehold flats with a balcony (322 ft²) to £206,607 for 3 bedroom leasehold flats with a balcony (1,263 ft²) .

Monthly rental prices range from £675 pcm for 1 bed flats to £1,144 pcm for 3 bed flats.

The gross rental yield is between 6.6% and 8.1%.

The average value per square foot is £230.

Average Sale Value

£143,519

Average Rental Value

£877 pcm

Average Rental Yield

7.3% /year

Average Value Per Sqft

£230 /ft²

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Prices last updated 1st May 2026

Sales Market Trendsin PO38 1RH

The last sale in PO38 1RH sold for £110,000 on 4th July 2024. Since then prices are down an average of 4.7%.

The current average value in the postcode is £143,519.
The PO38 1RH Sales Market has increased by 18.0% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	-6.2%	£143,519
April 2025	1.6%	£153,084
April 2024	-8.8%	£150,610
April 2023	5.4%	£165,178
April 2022	3.9%	£156,782
April 2021	7.2%	£150,876
April 2020	8.3%	£140,684
April 2019	6.2%	£129,926
April 2018	0.3%	£122,315
April 2017	0.3%	£121,993
April 2016	4.6%	£121,608
April 2015	1.8%	£116,213
April 2014	5%	£114,122
April 2013	-6.6%	£108,709
April 2012	-3%	£116,369
April 2011	-1.9%	£119,964
April 2010	5.1%	£122,265
April 2009	-9.7%	£116,360
April 2008	-0.4%	£128,882
April 2007	0%	£129,384

Rental Market Trendsin PO38 1RH

The current average rental value in the postcode is £877.
The PO38 1RH Rental Market has increased by 34.2% over the last 10 years.

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Period	Year on Year	Average Price
April 2026	3.5%	£877pcm
April 2025	3.3%	£846pcm
April 2024	7.7%	£820pcm
April 2023	6.6%	£761pcm
April 2022	7.2%	£713pcm
April 2021	2.3%	£666pcm
April 2020	2.9%	£651pcm
April 2019	1.6%	£633pcm
April 2018	-2.5%	£623pcm
April 2017	-2.2%	£639pcm
April 2016	5.9%	£653pcm
April 2015	2.9%	£616pcm
April 2014	5%	£599pcm
April 2013	1.4%	£571pcm
April 2012	-2.2%	£563pcm
April 2011	4.8%	£576pcm
April 2010	3.3%	£550pcm
April 2009	-2.2%	£532pcm
April 2008	2%	£544pcm
April 2007	0%	£533pcm

Explore Buildingsin PO38 1RH, Shore Road, Bonchurch, Ventnor, PO38

Sales History
in PO38 1RH

The last sale was on 4th July 2024 for £110,000 and since then the market in the area has decreased by 4.7%. The postcode has had a total of 70 sales since 1995.