Southgrove Road - PO38 1TN
Key Postcode Insights
PO38 1TN is a residential postcode situated on Southgrove Road, Ventnor, PO38 with 11 addresses.
It ranks as the 344th largest and 423rd 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 11 properties: 4 houses, 5 flats and 2 other properties.
- Ave. Sale Price
- £383,002
- 10 Year change
- up 25.4%
- Ave. Rental Price
- £1,787pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £219/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Key Postcode Insights
PO38 1TN is a residential postcode situated on Southgrove Road, Ventnor, PO38 with 11 addresses.
It ranks as the 344th largest and 423rd 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 11 properties: 4 houses, 5 flats and 2 other properties.
- Ave. Sale Price
- £383,002
- 10 Year change
- up 25.4%
- Ave. Rental Price
- £1,787pcm
- 10 Year change
- up 42.0%
- Ave. £ per ft²
- £219/ft²
- Ave. Gross Yield
- 5.6%/year/yr
Explore Properties in PO38 1TN
- 4 Southgrove Terrace Southgrove Road
4 Bed Period House
- Homelands
5 Bed Period House
- 1 Southgrove Terrace Southgrove Road
3 Bed Period Flat
- 2 Southgrove Terrace Southgrove Road
5 Bed Period House
- 3 Southgrove Road
Building  |  2 Flats
Sales Market Trends
The last sale in PO38 1TN sold for £220,000 on 2nd September 2021. Since then prices are down an average of 2.1%.
The current average value in the postcode is £383,002.
The PO38 1TN Sales Market has increased by 25.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.6% | £383,002 |
| June 2025 | 1.4% | £401,266 |
| June 2024 | -7.5% | £395,878 |
| June 2023 | 1.9% | £428,081 |
| June 2022 | 7.9% | £420,208 |
| June 2021 | 7.3% | £389,505 |
| June 2020 | 10.3% | £362,839 |
| June 2019 | 6.4% | £328,923 |
| June 2018 | 1.7% | £309,212 |
| June 2017 | -0.4% | £304,192 |
| June 2016 | 6.9% | £305,355 |
| June 2015 | 3.3% | £285,759 |
| June 2014 | 2.7% | £276,705 |
| June 2013 | -5.2% | £269,478 |
| June 2012 | -1.2% | £284,155 |
| June 2011 | -3% | £287,740 |
| June 2010 | 8.1% | £296,583 |
| June 2009 | -7.2% | £274,417 |
| June 2008 | -1.3% | £295,578 |
| June 2007 | 0% | £299,414 |
Rental Market Trends
The current average rental value in the postcode is £1,787.
The PO38 1TN Rental Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.9% | £1,787pcm |
| June 2025 | 2.4% | £1,737pcm |
| June 2024 | 8.3% | £1,697pcm |
| June 2023 | 7.8% | £1,566pcm |
| June 2022 | 8.7% | £1,453pcm |
| June 2021 | 4.8% | £1,336pcm |
| June 2020 | 1.5% | £1,275pcm |
| June 2019 | 2.3% | £1,256pcm |
| June 2018 | 0.5% | £1,228pcm |
| June 2017 | -2.9% | £1,222pcm |
| June 2016 | 5.1% | £1,258pcm |
| June 2015 | 4.3% | £1,197pcm |
| June 2014 | 5.6% | £1,148pcm |
| June 2013 | 1.4% | £1,087pcm |
| June 2012 | -1.5% | £1,072pcm |
| June 2011 | 5.5% | £1,088pcm |
| June 2010 | 6.8% | £1,032pcm |
| June 2009 | -2.3% | £966pcm |
| June 2008 | 3.3% | £990pcm |
| June 2007 | 0% | £958pcm |
Sales History
The last recorded sale was on 2nd September 2021 for £220,000 and since then the market in the area has decreased by 2.1%.
PO38 1TN has had 3 sales since 1995, none of them in the last three years.
- Sold Sep 2021£220,000 | 3 Bed Flat9 Southgrove Terrace, Southgrove Road, Ventnor, PO38 1TN9 Southgrove Terrace, Southgrove Road, Ventnor, PO38 1TN
- Sold Dec 2020£572,000 | 5 Bed House5 Southgrove Terrace, Southgrove Road, Ventnor, PO38 1TN5 Southgrove Terrace, Southgrove Road, Ventnor, PO38 1TN
- Sold Dec 2017£410,000 | 5 Bed House2 Southgrove Terrace, Southgrove Road, Ventnor, PO38 1TN2 Southgrove Terrace, Southgrove Road, Ventnor, PO38 1TN
Nearby Postcodes
PO38 1TN is the 344th largest and the 423rd most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1TP, Grove Road, Wroxall, Ventnor, PO38PO38 1TP6 Addresses|56 m away
- PO38 1TW, Southgrove Road, Ventnor, PO38PO38 1TW28 Addresses|80 m away
- PO38 1EB, Macrocarpa Road, Ventnor, PO38PO38 1EB5 Addresses|86 m away
- PO38 1TQ, Tulse Hill, Ventnor, PO38PO38 1TQ13 Addresses|88 m away
- PO38 1TH, Grove Road, Wroxall, Ventnor, PO38PO38 1TH38 Addresses|100 m away
Property Types
- 4 period houses built between 1800 and 1911
- 5 period flats built between 1800 and 1911
- 2 other addresses of unknown type
- period house (4)
- period flat (5)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 9 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (3)
- G (0)
- D (4)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Dec 2020£572,000 | 5 Bed House5 Southgrove Terrace, Southgrove Road, Ventnor, PO38 1TN5 Southgrove Terrace, Southgrove Road, Ventnor, PO38 1TN
- Sold Feb 2016£552,500 | 4 Bed HouseThe Overlook, Southgrove Road, Ventnor, PO38 1TWThe Overlook, Southgrove Road, Ventnor, PO38 1TW
- Sold Aug 2023£485,000 | 3 Bed HouseNeptune, Southgrove Road, Ventnor, PO38 1TWNeptune, Southgrove Road, Ventnor, PO38 1TW
Schools Nearby
- St Francis Catholic and Church of England Primary Academy1.1 km away
- Wroxall Primary School2.5 km away
- St Blasius Shanklin CofE Primary Academy4.0 km away
- The Island Free School1.0 km away
- Christ The King College13.1 km away
- Carisbrooke College13.6 km away
More reading links
Public Transport Nearby
The closest station to PO38 1TN is Shanklin station, which is 4.5 kilometres away.
- Shanklin|4.5 km away
- Lake|6.2 km away
- Sandown|7.4 km away
- Brading|10.3 km away
