Shore Road - PO38 1RN
Key Postcode Insights
PO38 1RN is a residential postcode situated on Shore Road, Bonchurch, Ventnor, PO38 with 26 addresses.
It ranks as the 500th largest of the 576 postcodes in the PO38 area.
The postcode contains a total of 26 properties: 9 houses, 1 flat and 16 other properties.
- Ave. Sale Price
- £562,582
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,927pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £326/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Key Postcode Insights
PO38 1RN is a residential postcode situated on Shore Road, Bonchurch, Ventnor, PO38 with 26 addresses.
It ranks as the 500th largest of the 576 postcodes in the PO38 area.
The postcode contains a total of 26 properties: 9 houses, 1 flat and 16 other properties.
- Ave. Sale Price
- £562,582
- 10 Year change
- up 27.8%
- Ave. Rental Price
- £1,927pcm
- 10 Year change
- up 44.8%
- Ave. £ per ft²
- £326/ft²
- Ave. Gross Yield
- 4.1%/year/yr
Explore Properties in PO38 1RN
- Ammersee
4 Bed Mid-century House
- Bay House
Building  |  3 Flats
- Chrysalis
House
- Cliff Edge
2 Bed Mid-century House
Sales Market Trends
The last sale in PO38 1RN sold for £635,000 on 29th October 2024. Since then prices are down an average of 5.9%.
The current average value in the postcode is £562,582.
The PO38 1RN Sales Market has increased by 27.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £562,582 |
| June 2025 | 1.7% | £587,322 |
| June 2024 | -7.9% | £577,670 |
| June 2023 | 1.7% | £627,482 |
| June 2022 | 8.9% | £616,790 |
| June 2021 | 8.1% | £566,580 |
| June 2020 | 9.7% | £524,131 |
| June 2019 | 6.2% | £477,712 |
| June 2018 | 2% | £449,692 |
| June 2017 | 0.2% | £440,907 |
| June 2016 | 7.2% | £440,232 |
| June 2015 | 3.5% | £410,553 |
| June 2014 | 2.8% | £396,538 |
| June 2013 | -4.7% | £385,748 |
| June 2012 | -0.9% | £404,866 |
| June 2011 | -2.8% | £408,582 |
| June 2010 | 8.7% | £420,485 |
| June 2009 | -7.3% | £386,738 |
| June 2008 | -1.2% | £417,256 |
| June 2007 | 0% | £422,450 |
Rental Market Trends
The current average rental value in the postcode is £1,927.
The PO38 1RN Rental Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £1,927pcm |
| June 2025 | 2.8% | £1,867pcm |
| June 2024 | 7.7% | £1,816pcm |
| June 2023 | 7.7% | £1,687pcm |
| June 2022 | 9.6% | £1,566pcm |
| June 2021 | 5.5% | £1,429pcm |
| June 2020 | 1.1% | £1,354pcm |
| June 2019 | 2.2% | £1,339pcm |
| June 2018 | 0.8% | £1,310pcm |
| June 2017 | -2.4% | £1,299pcm |
| June 2016 | 5.5% | £1,331pcm |
| June 2015 | 4.7% | £1,261pcm |
| June 2014 | 5.6% | £1,205pcm |
| June 2013 | 1.7% | £1,141pcm |
| June 2012 | -1.1% | £1,122pcm |
| June 2011 | 5.5% | £1,134pcm |
| June 2010 | 7.5% | £1,075pcm |
| June 2009 | -2.5% | £1,000pcm |
| June 2008 | 3.4% | £1,025pcm |
| June 2007 | 0% | £992pcm |
Sales History
The last recorded sale was on 29th October 2024 for £635,000 and since then the market in the area has decreased by 5.9%.
PO38 1RN has had 3 sales since 1995, with 2 in the last three years and none in the last twelve months.
- Sold Oct 2024£635,000 | 3 Bed FlatFlat 1, Seaside Cottage, Shore Road, Ventnor, PO38 1RNFlat 1, Seaside Cottage, Shore Road, Ventnor, PO38 1RN
- Sold Nov 2023£389,500 | 3 Bed Flat2 The Breakwaters, Shore Road, Ventnor, PO38 1RN2 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
Nearby Postcodes
PO38 1RN is the 500th largest and the 410th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1RQ, Bonchurch Village Road, Ventnor, PO38PO38 1RQ3 Addresses|159 m away
- PO38 1RW, Grangeside, Ventnor, PO38PO38 1RW19 Addresses|163 m away
- PO38 1RG, Bonchurch Village Road, Ventnor, PO38PO38 1RG30 Addresses|225 m away
- PO38 1RJ, Bonchurch Village Road, Ventnor, PO38PO38 1RJ1 Address|298 m away
- PO38 1RF, Shore Road, Bonchurch, Ventnor, PO38PO38 1RF32 Addresses|298 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 14 properties.
- The most common rating is D.
- A (0)
- E (3)
- B (2)
- F (2)
- C (2)
- G (0)
- D (5)
- No EPC (12)
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 Academy2.5 km away
- Wroxall Primary School3.3 km away
- St Blasius Shanklin CofE Primary Academy3.6 km away
- The Island Free School2.3 km away
- Christ The King College13.9 km away
- Lift Ryde14.0 km away
More reading links
Public Transport Nearby
The closest station to PO38 1RN is Shanklin station, which is 4.1 kilometres away.
- Shanklin|4.1 km away
- Lake|5.6 km away
- Sandown|6.8 km away
- Brading|9.6 km away