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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO38 1TDHouse Prices / South East, Isle of Wight, The Grove
Last updated May 2026
Key Postcode Insights
PO38 1TD is a residential postcode situated on The Grove, Ventnor, PO38 with 3 addresses.
It ranks as the 87th largest and 400th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
Key Postcode Insights
PO38 1TD is a residential postcode situated on The Grove, Ventnor, PO38 with 3 addresses.
It ranks as the 87th largest and 400th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
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House Pricesin PO38 1TD
Sale prices range from £292,663 for 3 bedroom freehold houses with a garden (1,270 ft2) to £567,016 for 5 bedroom freehold houses with a garden (2,357 ft2) .
Monthly rental prices range from £1,363 pcm for 3 bed houses to £2,133 pcm for 5 bed houses.
The gross rental yield is between 4.5% and 5.6%.
The average value per square foot is £241.
Average Sale Value
£415,142
Average Rental Value
£1,643 pcm
Average Rental Yield
4.7% /year
Average Value Per Sqft
£241 /ft2
Sales Market Trendsin PO38 1TD
The last sale in PO38 1TD sold for £325,000 on 9th August 2018. Since then prices are up an average of 26.2%.
The current average value in the postcode is £415,142.
The PO38 1TD Sales Market has increased by 37.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.2% | £415,142 |
| April 2025 | 2.5% | £438,051 |
| April 2024 | -9.8% | £427,560 |
| April 2023 | 6.7% | £473,808 |
| April 2022 | 8.5% | £443,924 |
| April 2021 | 10.5% | £409,151 |
| April 2020 | 7% | £370,186 |
| April 2019 | 7.4% | £346,092 |
| April 2018 | 3.3% | £322,254 |
| April 2017 | 3% | £311,870 |
| April 2016 | 5.6% | £302,702 |
| April 2015 | 3.1% | £286,703 |
| April 2014 | 5.8% | £278,214 |
| April 2013 | -4.6% | £262,906 |
| April 2012 | -1% | £275,654 |
| April 2011 | -0.5% | £278,301 |
| April 2010 | 6.9% | £279,735 |
| April 2009 | -9.2% | £261,663 |
| April 2008 | 1.6% | £288,245 |
| April 2007 | 0% | £283,800 |
Rental Market Trendsin PO38 1TD
The current average rental value in the postcode is £1,643.
The PO38 1TD Rental Market has increased by 55.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.7% | £1,643pcm |
| April 2025 | 4% | £1,569pcm |
| April 2024 | 6.8% | £1,509pcm |
| April 2023 | 8% | £1,413pcm |
| April 2022 | 12% | £1,308pcm |
| April 2021 | 5.4% | £1,168pcm |
| April 2020 | 1.5% | £1,109pcm |
| April 2019 | 2.6% | £1,092pcm |
| April 2018 | 0.5% | £1,064pcm |
| April 2017 | 0.4% | £1,059pcm |
| April 2016 | 6.9% | £1,055pcm |
| April 2015 | 4% | £987pcm |
| April 2014 | 6% | £949pcm |
| April 2013 | 3.7% | £896pcm |
| April 2012 | -0.2% | £864pcm |
| April 2011 | 6.3% | £866pcm |
| April 2010 | 5% | £814pcm |
| April 2009 | -1.6% | £775pcm |
| April 2008 | 4% | £788pcm |
| April 2007 | 0% | £757pcm |
Explore Propertiesin PO38 1TD, The Grove, Ventnor, PO38
Sales Historyin PO38 1TD
The last sale was on 9th August 2018 for £325,000 and since then the market in the area has increased by 26.2%. The postcode has had a total of 5 sales since 1995.
PO38 1TD has seen no sales in the last three years and no sales in the last twelve months.
Sold Aug 2018£325,000 | 3 Bed HouseThe GroveMerwood, The Grove, Ventnor, PO38 1TD
Sold Jul 2013£247,500 | 3 Bed HouseThe GroveMerwood, The Grove, Ventnor, PO38 1TD
Sold Jun 2007£235,000 | 3 Bed HouseThe GroveMerwood, The Grove, Ventnor, PO38 1TD
Sold Sep 2001£125,000 | 3 Bed HouseThe GroveMerwood, The Grove, Ventnor, PO38 1TD
Sold Jan 1998£65,000 | 3 Bed HouseThe GroveSpring Vale, The Grove, Ventnor, PO38 1TD
Nearby Postcodesto PO38 1TD
PO38 1TD is the 87th largest and the 400th most expensive postcode out of the 577 postcodes in the PO38 area.
- 58 mPO38 1TE, Marlborough Road, Ventnor, PO38PO38 1TE13 Addresses
- 62 mPO38 1TB, The Grove, Ventnor, PO38PO38 1TB7 Addresses
- 83 mPO38 1TY, Marlborough Road, Ventnor, PO38PO38 1TY5 Addresses
- 99 mPO38 1SD, High Street, Ventnor, PO38PO38 1SD7 Addresses
- 103 mPO38 1TF, Marlborough Road, Ventnor, PO38PO38 1TF16 Addresses
- 113 mPO38 1TS, Grove Road, Ventnor, PO38PO38 1TS16 Addresses
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Property Typesin PO38 1TD
- 1 period house built between 1800 and 1911
- 2 other addresses of unknown type
- period house (1)
- Unknown (2)
Energy Efficiencyof properties in PO38 1TD
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Saleson The Grove
Schools Nearbyto PO38 1TD
The nearest primary school to PO38 1TD is St Francis Catholic and Church of England Primary Academy which is 1.0 kilometres away.
- 1.0kmSt Francis Catholic and Church of England Primary Academy
- 2.5kmWroxall Primary School
- 4.2kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 906 metres away.
- 906mThe Island Free School
- 13.2kmChrist The King College
- 13.6kmCarisbrooke College
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Public Transport Nearbyto PO38 1TD
The closest station to PO38 1TD is Shanklin station which is 4.7 kilometres away.
- 4.7kmShanklin
- 6.4kmLake
- 7.5kmSandown
- 10.4kmBrading
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