Grove Road - PO38 1TH
Key Postcode Insights
PO38 1TH is a residential postcode situated on Grove Road, Wroxall, Ventnor, PO38 with 38 addresses.
It ranks as the 553rd largest and 118th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 38 properties: 7 houses, 27 flats and 4 other properties.
- Ave. Sale Price
- £220,529
- 10 Year change
- up 26.6%
- Ave. Rental Price
- £1,174pcm
- 10 Year change
- up 43.4%
- Ave. £ per ft²
- £244/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
PO38 1TH is a residential postcode situated on Grove Road, Wroxall, Ventnor, PO38 with 38 addresses.
It ranks as the 553rd largest and 118th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period flat built between 1800 and 1911.
The postcode contains a total of 38 properties: 7 houses, 27 flats and 4 other properties.
- Ave. Sale Price
- £220,529
- 10 Year change
- up 26.6%
- Ave. Rental Price
- £1,174pcm
- 10 Year change
- up 43.4%
- Ave. £ per ft²
- £244/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Properties in PO38 1TH
- Alberta
House
- Auckland House
4 Bed Period House
- Broadhurst
4 Bed Period House
- Colwyn
Flat
- Crab Cottage
3 Bed Mid-century House
Sales Market Trends
The last sale in PO38 1TH sold for £128,777 on 9th May 2025. Since then prices are down an average of 4.5%.
The current average value in the postcode is £220,529.
The PO38 1TH Sales Market has increased by 26.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £220,529 |
| June 2025 | 1.7% | £229,809 |
| June 2024 | -7.9% | £226,044 |
| June 2023 | 1.7% | £245,333 |
| June 2022 | 8.5% | £241,300 |
| June 2021 | 7.4% | £222,386 |
| June 2020 | 10.1% | £207,105 |
| June 2019 | 6.2% | £188,074 |
| June 2018 | 2.1% | £177,087 |
| June 2017 | -0.4% | £173,497 |
| June 2016 | 7.3% | £174,162 |
| June 2015 | 3.5% | £162,364 |
| June 2014 | 3% | £156,938 |
| June 2013 | -5.2% | £152,341 |
| June 2012 | -1.2% | £160,633 |
| June 2011 | -3.1% | £162,601 |
| June 2010 | 7.6% | £167,818 |
| June 2009 | -7.8% | £155,951 |
| June 2008 | -1.7% | £169,107 |
| June 2007 | 0% | £171,984 |
Rental Market Trends
The current average rental value in the postcode is £1,174.
The PO38 1TH Rental Market has increased by 43.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,174pcm |
| June 2025 | 2.7% | £1,135pcm |
| June 2024 | 7.9% | £1,106pcm |
| June 2023 | 7.6% | £1,024pcm |
| June 2022 | 9.4% | £952pcm |
| June 2021 | 4.8% | £870pcm |
| June 2020 | 1.3% | £830pcm |
| June 2019 | 2.1% | £819pcm |
| June 2018 | 1% | £803pcm |
| June 2017 | -2.9% | £795pcm |
| June 2016 | 5.5% | £819pcm |
| June 2015 | 4.5% | £776pcm |
| June 2014 | 6% | £743pcm |
| June 2013 | 1.4% | £701pcm |
| June 2012 | -1.5% | £691pcm |
| June 2011 | 5.4% | £702pcm |
| June 2010 | 6.3% | £666pcm |
| June 2009 | -3% | £627pcm |
| June 2008 | 2.9% | £646pcm |
| June 2007 | 0% | £628pcm |
Sales History
The last recorded sale was on 9th May 2025 for £128,777 and since then the market in the area has decreased by 4.5%.
PO38 1TH has had 3 sales since 1995, with 3 in the last three years and none in the last twelve months.
- Sold May 2025£128,777 | 2 Bed FlatFlat 4, St. Davids Lodge, Grove Road, Ventnor, PO38 1THFlat 4, St. Davids Lodge, Grove Road, Ventnor, PO38 1TH
- Sold Oct 2024£60,000 | 2 Bed FlatFlat 1, King Charles Court, Grove Road, Ventnor, PO38 1THFlat 1, King Charles Court, Grove Road, Ventnor, PO38 1TH
- Sold Nov 2023£230,000 | 2 Bed HouseStarboard House, Grove Road, Ventnor, PO38 1THStarboard House, Grove Road, Ventnor, PO38 1TH
Nearby Postcodes
PO38 1TH is the 553rd largest and the 118th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1TJ, Spring Hill, Ventnor, PO38PO38 1TJ1 Address|40 m away
- PO38 1PE, Spring Hill, Ventnor, PO38PO38 1PE7 Addresses|50 m away
- PO38 1TP, Grove Road, Wroxall, Ventnor, PO38PO38 1TP6 Addresses|57 m away
- PO38 1TQ, Tulse Hill, Ventnor, PO38PO38 1TQ13 Addresses|61 m away
- PO38 1RZ, High Street, Whitwell, Ventnor, PO38PO38 1RZ43 Addresses|73 m away
Property Types
- 4 period houses built between 1800 and 1911
- 27 period flats built between 1800 and 1911
- 2 modern houses built after 1980
- 1 mid-century house built between 1936 and 1979
- 4 other addresses of unknown type
- period house (4)
- period flat (27)
- modern house (2)
- mid-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 31 properties.
- The most common rating is C.
- A (0)
- E (8)
- B (0)
- F (2)
- C (10)
- G (2)
- D (9)
- No EPC (7)
Top 3 Most Expensive Sales
- Sold Aug 2015£475,000 | 5 Bed HousePrimrose Bank, Grove Road, Ventnor, PO38 1TSPrimrose Bank, Grove Road, Ventnor, PO38 1TS
- Sold May 2005£450,000 | 5 Bed HousePrimrose Bank, Grove Road, Ventnor, PO38 1TSPrimrose Bank, Grove Road, Ventnor, PO38 1TS
- Sold Mar 2025£450,000 | 4 Bed HouseSea Dragons, Grove Road, Ventnor, PO38 1TSSea Dragons, Grove Road, Ventnor, PO38 1TS
Schools Nearby
- St Francis Catholic and Church of England Primary Academy1.2 km away
- Wroxall Primary School2.6 km away
- St Blasius Shanklin CofE Primary Academy4.0 km away
- The Island Free School1.1 km away
- Christ The King College13.2 km away
- Carisbrooke College13.6 km away
More reading links
Public Transport Nearby
The closest station to PO38 1TH is Shanklin station, which is 4.6 kilometres away.
- Shanklin|4.6 km away
- Lake|6.2 km away
- Sandown|7.4 km away
- Brading|10.3 km away
