The Grove - PO38 1TD
Key Postcode Insights
PO38 1TD is a residential postcode situated on The Grove, Ventnor, PO38 with 3 addresses.
It ranks as the 86th largest and 398th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £415,956
- 10 Year change
- up 34.6%
- Ave. Rental Price
- £1,798pcm
- 10 Year change
- up 52.4%
- Ave. £ per ft²
- £241/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Key Postcode Insights
PO38 1TD is a residential postcode situated on The Grove, Ventnor, PO38 with 3 addresses.
It ranks as the 86th largest and 398th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
- Ave. Sale Price
- £415,956
- 10 Year change
- up 34.6%
- Ave. Rental Price
- £1,798pcm
- 10 Year change
- up 52.4%
- Ave. £ per ft²
- £241/ft²
- Ave. Gross Yield
- 5.2%/year/yr
Sales Market Trends
The last sale in PO38 1TD sold for £325,000 on 9th August 2018. Since then prices are up an average of 28.3%.
The current average value in the postcode is £415,956.
The PO38 1TD Sales Market has increased by 34.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £415,956 |
| June 2025 | 2.4% | £433,114 |
| June 2024 | -8.6% | £423,095 |
| June 2023 | 1.8% | £462,949 |
| June 2022 | 10.6% | £454,966 |
| June 2021 | 9% | £411,394 |
| June 2020 | 9.9% | £377,334 |
| June 2019 | 6.5% | £343,360 |
| June 2018 | 3% | £322,277 |
| June 2017 | 1.3% | £312,870 |
| June 2016 | 7.7% | £308,974 |
| June 2015 | 3.9% | £286,757 |
| June 2014 | 2.9% | £276,009 |
| June 2013 | -4.7% | £268,242 |
| June 2012 | -0.4% | £281,564 |
| June 2011 | -2.2% | £282,586 |
| June 2010 | 9.9% | £288,845 |
| June 2009 | -7% | £262,748 |
| June 2008 | -1.1% | £282,493 |
| June 2007 | 0% | £285,644 |
Rental Market Trends
The current average rental value in the postcode is £1,798.
The PO38 1TD Rental Market has increased by 52.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.5% | £1,798pcm |
| June 2025 | 3.4% | £1,737pcm |
| June 2024 | 7.1% | £1,681pcm |
| June 2023 | 7.7% | £1,570pcm |
| June 2022 | 11.5% | £1,457pcm |
| June 2021 | 6.4% | £1,307pcm |
| June 2020 | 1.1% | £1,229pcm |
| June 2019 | 2.4% | £1,215pcm |
| June 2018 | 1.9% | £1,186pcm |
| June 2017 | -1.3% | £1,164pcm |
| June 2016 | 6% | £1,180pcm |
| June 2015 | 4.9% | £1,113pcm |
| June 2014 | 5.9% | £1,061pcm |
| June 2013 | 1.8% | £1,002pcm |
| June 2012 | -0.6% | £984pcm |
| June 2011 | 6.4% | £990pcm |
| June 2010 | 8.6% | £931pcm |
| June 2009 | -2.2% | £857pcm |
| June 2008 | 3.5% | £876pcm |
| June 2007 | 0% | £847pcm |
Sales History
The last sale was on 9th August 2018 for £325,000 and since then the market in the area has increased by 28.3%. 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 HouseMerwood, The Grove, Ventnor, PO38 1TDMerwood, The Grove, Ventnor, PO38 1TD
- Sold Jul 2013£247,500 | 3 Bed HouseMerwood, The Grove, Ventnor, PO38 1TDMerwood, The Grove, Ventnor, PO38 1TD
- Sold Jun 2007£235,000 | 3 Bed HouseMerwood, The Grove, Ventnor, PO38 1TDMerwood, The Grove, Ventnor, PO38 1TD
- Sold Sep 2001£125,000 | 3 Bed HouseMerwood, The Grove, Ventnor, PO38 1TDMerwood, The Grove, Ventnor, PO38 1TD
- Sold Jan 1998£65,000 | 3 Bed HouseSpring Vale, The Grove, Ventnor, PO38 1TDSpring Vale, The Grove, Ventnor, PO38 1TD
Nearby Postcodes
PO38 1TD is the 86th largest and the 398th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1TE, Marlborough Road, Ventnor, PO38PO38 1TE13 Addresses|58 m away
- PO38 1TB, The Grove, Ventnor, PO38PO38 1TB7 Addresses|62 m away
- PO38 1TY, Marlborough Road, Ventnor, PO38PO38 1TY5 Addresses|83 m away
- PO38 1SD, High Street, Whitwell, Ventnor, PO38PO38 1SD7 Addresses|99 m away
- PO38 1TF, Marlborough Road, Ventnor, PO38PO38 1TF16 Addresses|103 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 other addresses of unknown type
- period house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The most common rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Aug 2024£582,000 | 5 Bed HouseSt. Catherines House, The Grove, Ventnor, PO38 1TBSt. Catherines House, The Grove, Ventnor, PO38 1TB
- Sold Jun 2016£480,000 | 5 Bed HouseSt. Catherines House, The Grove, Ventnor, PO38 1TBSt. Catherines House, The Grove, Ventnor, PO38 1TB
- Sold Aug 2006£405,000 | 5 Bed HouseSt. Catherines House, The Grove, Ventnor, PO38 1TBSt. Catherines House, The Grove, Ventnor, PO38 1TB
Schools Nearby
- St Francis Catholic and Church of England Primary Academy1.0 km away
- Wroxall Primary School2.5 km away
- St Blasius Shanklin CofE Primary Academy4.2 km away
- The Island Free School900 m away
- Christ The King College13.2 km away
- Carisbrooke College13.6 km away
More reading links
Public Transport Nearby
The closest station to PO38 1TD is Shanklin station, which is 4.7 kilometres away.
- Shanklin|4.7 km away
- Lake|6.4 km away
- Sandown|7.5 km away
- Brading|10.4 km away
