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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 1TPHouse Prices / South East, Isle of Wight, Grove Road
Last updated May 2026
Key Postcode Insights
PO38 1TP is a residential postcode situated on Grove Road, Ventnor, PO38 with 6 addresses.
It ranks as the 207th largest and 61st most expensive of the 577 postcodes in the PO38 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
6
Properties
- Houses
- Flats
Key Postcode Insights
PO38 1TP is a residential postcode situated on Grove Road, Ventnor, PO38 with 6 addresses.
It ranks as the 207th largest and 61st most expensive of the 577 postcodes in the PO38 area. The dominant property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
6
Properties
- Houses
- Flats
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House Pricesin PO38 1TP
Sale prices range from £146,421 for 3 bedroom freehold houses with a garden (848 ft2) to £190,759 for 3 bedroom Leasehold flats (1,151 ft2) .
Monthly rental prices range from £841 pcm for 3 bed houses to £1,026 pcm for 3 bed flats.
The gross rental yield is between 6.5% and 6.9%.
The average value per square foot is £169.
Average Sale Value
£168,149
Average Rental Value
£929 pcm
Average Rental Yield
6.6% /year
Average Value Per Sqft
£169 /ft2
Sales Market Trendsin PO38 1TP
The last sale in PO38 1TP sold for £210,000 on 29th May 2020. Since then prices are up an average of 8.0%.
The current average value in the postcode is £168,149.
The PO38 1TP Sales Market has increased by 27.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.5% | £168,149 |
| April 2025 | 2.3% | £177,855 |
| April 2024 | -9.2% | £173,865 |
| April 2023 | 6% | £191,531 |
| April 2022 | 6.7% | £180,617 |
| April 2021 | 8.8% | £169,334 |
| April 2020 | 6.8% | £155,645 |
| April 2019 | 7.1% | £145,744 |
| April 2018 | 1.9% | £136,019 |
| April 2017 | 1.2% | £133,498 |
| April 2016 | 5.1% | £131,878 |
| April 2015 | 2.9% | £125,519 |
| April 2014 | 5.6% | £121,925 |
| April 2013 | -6.3% | £115,508 |
| April 2012 | -2% | £123,339 |
| April 2011 | -1.4% | £125,912 |
| April 2010 | 6.3% | £127,761 |
| April 2009 | -9.6% | £120,185 |
| April 2008 | 0.4% | £132,964 |
| April 2007 | 0% | £132,388 |
Rental Market Trendsin PO38 1TP
The current average rental value in the postcode is £929.
The PO38 1TP Rental Market has increased by 44.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.5% | £929pcm |
| April 2025 | 3.8% | £889pcm |
| April 2024 | 7.4% | £856pcm |
| April 2023 | 7.3% | £797pcm |
| April 2022 | 10.1% | £743pcm |
| April 2021 | 3.7% | £675pcm |
| April 2020 | 1.4% | £650pcm |
| April 2019 | 2.4% | £642pcm |
| April 2018 | -0.9% | £627pcm |
| April 2017 | -1.3% | £633pcm |
| April 2016 | 6.4% | £641pcm |
| April 2015 | 3.9% | £603pcm |
| April 2014 | 5.7% | £580pcm |
| April 2013 | 1.8% | £549pcm |
| April 2012 | -1.3% | £539pcm |
| April 2011 | 5.3% | £547pcm |
| April 2010 | 4.4% | £519pcm |
| April 2009 | -2% | £497pcm |
| April 2008 | 2.9% | £507pcm |
| April 2007 | 0% | £493pcm |
Properties and Buildingsin PO38 1TP, Grove Road, Ventnor, PO38
Sales Historyin PO38 1TP
The last sale was on 29th May 2020 for £210,000 and since then the market in the area has increased by 8.0%. The postcode has had a total of 8 sales since 1995.
PO38 1TP has seen no sales in the last three years and no sales in the last twelve months.
Sold May 2020£210,000 | 3 Bed HouseGrove RoadIndia Cottage, Grove Road, Ventnor, PO38 1TP
Sold Mar 2016£200,000 | 3 Bed HouseGrove RoadIndia Cottage, Grove Road, Ventnor, PO38 1TP
Sold Oct 2009£194,000 | 3 Bed HouseGrove RoadIndia Cottage, Grove Road, Ventnor, PO38 1TP
Sold Mar 2002£60,000 | 3 Bed HouseGrove RoadIndia Cottage, Grove Road, Ventnor, PO38 1TP
Sold Nov 1999£54,500 | 3 Bed HouseGrove RoadIndia Cottage, Grove Road, Ventnor, PO38 1TP
Sold Jan 1998£35,000 | 3 Bed HouseGrove RoadIndia Cottage, Grove Road, Ventnor, PO38 1TP
Sold Sep 1997£58,500 | 3 Bed HouseGrove RoadGlynn Haven, Grove Road, Ventnor, PO38 1TP
Sold Jul 1997£59,950 | 3 Bed HouseGrove RoadJules Cottage, Grove Road, Ventnor, PO38 1TP
Nearby Postcodesto PO38 1TP
PO38 1TP is the 207th largest and the 61st most expensive postcode out of the 577 postcodes in the PO38 area.
- 33 mPO38 1TQ, Tulse Hill, Ventnor, PO38PO38 1TQ13 Addresses
- 56 mPO38 1TN, Southgrove Road, Ventnor, PO38PO38 1TN11 Addresses
- 59 mPO38 1TH, Grove Road, Ventnor, PO38PO38 1TH38 Addresses
- 64 mPO38 1TG, Tulse Hill, Ventnor, PO38PO38 1TG4 Addresses
- 93 mPO38 1TF, Marlborough Road, Ventnor, PO38PO38 1TF16 Addresses
- 97 mPO38 1TJ, Spring Hill, Ventnor, PO38PO38 1TJ1 Addresses
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Property Typesin PO38 1TP
- 2 modern houses built after 1980
- 1 house of an unknown age
- 3 other addresses of unknown type
- modern house (2)
- house (1)
- Unknown (3)
Energy Efficiencyof properties in PO38 1TP
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Saleson Grove Road
Schools Nearbyto PO38 1TP
The nearest primary school to PO38 1TP is St Francis Catholic and Church of England Primary Academy which is 1.1 kilometres away.
- 1.1kmSt Francis Catholic and Church of England Primary Academy
- 2.5kmWroxall Primary School
- 4.1kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 1.0 kilometres away.
- 1.0kmThe Island Free School
- 13.2kmChrist The King College
- 13.6kmCarisbrooke College
More reading links
Public Transport Nearbyto PO38 1TP
The closest station to PO38 1TP is Shanklin station which is 4.6 kilometres away.
- 4.6kmShanklin
- 6.2kmLake
- 7.4kmSandown
- 10.3kmBrading
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