Shore Road - PO38 1RH
Key Postcode Insights
PO38 1RH is a residential postcode situated on Shore Road, Bonchurch, Ventnor, PO38 with 45 addresses.
It ranks as the 564th largest and 21st most expensive of the 576 postcodes in the PO38 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 45 properties: 45 flats.
- Ave. Sale Price
- £146,501
- 10 Year change
- up 18.1%
- Ave. Rental Price
- £940pcm
- 10 Year change
- up 33.9%
- Ave. £ per ft²
- £262/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Key Postcode Insights
PO38 1RH is a residential postcode situated on Shore Road, Bonchurch, Ventnor, PO38 with 45 addresses.
It ranks as the 564th largest and 21st most expensive of the 576 postcodes in the PO38 area. The most common property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 45 properties: 45 flats.
- Ave. Sale Price
- £146,501
- 10 Year change
- up 18.1%
- Ave. Rental Price
- £940pcm
- 10 Year change
- up 33.9%
- Ave. £ per ft²
- £262/ft²
- Ave. Gross Yield
- 7.7%/year/yr
Explore Properties in PO38 1RH
- Ocean Retreat Apartments
Mid-century Building | 6 Units
- Riviera Park Apartments
Modern Building | 18 Units
- Westfield Mansion
Mid-century Building | 21 Units
Sales Market Trends
The last sale in PO38 1RH sold for £110,000 on 4th July 2024. Since then prices are down an average of 3.7%.
The current average value in the postcode is £146,501.
The PO38 1RH Sales Market has increased by 18.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.8% | £146,501 |
| June 2025 | 0.9% | £153,808 |
| June 2024 | -7.7% | £152,488 |
| June 2023 | 1.6% | £165,293 |
| June 2022 | 6.7% | £162,725 |
| June 2021 | 6% | £152,490 |
| June 2020 | 10.2% | £143,845 |
| June 2019 | 6% | £130,587 |
| June 2018 | 0.7% | £123,199 |
| June 2017 | -1.3% | £122,363 |
| June 2016 | 6.7% | £124,013 |
| June 2015 | 2.8% | £116,239 |
| June 2014 | 3% | £113,127 |
| June 2013 | -5.5% | £109,839 |
| June 2012 | -1.8% | £116,267 |
| June 2011 | -3.5% | £118,440 |
| June 2010 | 5.9% | £122,715 |
| June 2009 | -8.1% | £115,880 |
| June 2008 | -1.9% | £126,134 |
| June 2007 | 0% | £128,631 |
Rental Market Trends
The current average rental value in the postcode is £940.
The PO38 1RH Rental Market has increased by 33.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £940pcm |
| June 2025 | 2% | £915pcm |
| June 2024 | 7.9% | £898pcm |
| June 2023 | 7.5% | £832pcm |
| June 2022 | 7.5% | £774pcm |
| June 2021 | 3.5% | £720pcm |
| June 2020 | 1.5% | £696pcm |
| June 2019 | 2% | £685pcm |
| June 2018 | -0.5% | £672pcm |
| June 2017 | -3.9% | £675pcm |
| June 2016 | 5% | £702pcm |
| June 2015 | 3.9% | £668pcm |
| June 2014 | 5.8% | £644pcm |
| June 2013 | 0.8% | £608pcm |
| June 2012 | -2% | £603pcm |
| June 2011 | 4.8% | £615pcm |
| June 2010 | 4.7% | £587pcm |
| June 2009 | -3.3% | £561pcm |
| June 2008 | 2.6% | £580pcm |
| June 2007 | 0% | £565pcm |
Sales History
The last recorded sale was on 4th July 2024 for £110,000 and since then the market in the area has decreased by 3.7%.
PO38 1RH has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold Jul 2024£110,000 | 2 Bed FlatApartment 28, Riviera Park Apartments, Shore Road, Ventnor, PO38 1RHApartment 28, Riviera Park Apartments, Shore Road, Ventnor, PO38 1RH
- Sold May 2024£108,000 | 2 Bed Flat10 Westfield Mansion, Shore Road, Ventnor, PO38 1RH10 Westfield Mansion, Shore Road, Ventnor, PO38 1RH
- Sold Jan 2024£175,000 | 2 Bed FlatApartment 16, Riviera Park Apartments, Shore Road, Ventnor, PO38 1RHApartment 16, Riviera Park Apartments, Shore Road, Ventnor, PO38 1RH
Nearby Postcodes
PO38 1RH is the 564th largest and the 21st most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1QJ, Madeira Road, Ventnor, PO38PO38 1QJ19 Addresses|95 m away
- PO38 1RP, Madeira Road, Ventnor, PO38PO38 1RP28 Addresses|99 m away
- PO38 1RF, Shore Road, Bonchurch, Ventnor, PO38PO38 1RF32 Addresses|126 m away
- PO38 1QY, Madeira Road, Ventnor, PO38PO38 1QY9 Addresses|177 m away
- PO38 1RE, Bonchurch Village Road, Ventnor, PO38PO38 1RE3 Addresses|203 m away
Property Types
- 18 modern flats built after 1980
- 27 mid-century flats built between 1936 and 1979
- modern flat (18)
- mid-century flat (27)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 41 properties.
- The most common rating is C.
- A (0)
- E (7)
- B (2)
- F (1)
- C (28)
- G (0)
- D (3)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Mar 2021£1,550,000 | 3 Bed Flat1 The Breakwaters, Shore Road, Ventnor, PO38 1RN1 The Breakwaters, Shore Road, Ventnor, PO38 1RN
- Sold Jun 2021£1,250,000 | 5 Bed HouseDolphins, Shore Road, Ventnor, PO38 1RNDolphins, Shore Road, Ventnor, PO38 1RN
- Sold Jun 2014£1,175,000 | 3 Bed HouseWestfield Lodge, Shore Road, Ventnor, PO38 1RFWestfield Lodge, Shore Road, Ventnor, PO38 1RF
Schools Nearby
- St Francis Catholic and Church of England Primary Academy2.1 km away
- Wroxall Primary School3.0 km away
- St Blasius Shanklin CofE Primary Academy3.6 km away
- The Island Free School1.9 km away
- Christ The King College13.7 km away
- Lift Ryde14.0 km away
More reading links
Public Transport Nearby
The closest station to PO38 1RH 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