Grove Road - PO38 1TP
Key Postcode Insights
PO38 1TP is a residential postcode situated on Grove Road, Wroxall, Ventnor, PO38 with 6 addresses.
It ranks as the 203rd largest and 236th most expensive of the 576 postcodes in the PO38 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
- Ave. Sale Price
- £270,491
- 10 Year change
- up 26.0%
- Ave. Rental Price
- £1,442pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £326/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
PO38 1TP is a residential postcode situated on Grove Road, Wroxall, Ventnor, PO38 with 6 addresses.
It ranks as the 203rd largest and 236th most expensive of the 576 postcodes in the PO38 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
- Ave. Sale Price
- £270,491
- 10 Year change
- up 26.0%
- Ave. Rental Price
- £1,442pcm
- 10 Year change
- up 42.7%
- Ave. £ per ft²
- £326/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin PO38 1TP
- Eleanor House
Building | 2 Flats
- Glynn Haven
3 Bed Modern House
- India Cottage
3 Bed Period House
- Jules Cottage
3 Bed Modern House
- South View
House
Sales Market Trends
The last sale in PO38 1TP sold for £210,000 on 29th May 2020. Since then prices are up an average of 9.5%.
The current average value in the postcode is £270,491.
The PO38 1TP Sales Market has increased by 26.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.7% | £270,491 |
| June 2025 | 1.7% | £280,936 |
| June 2024 | -8% | £276,297 |
| June 2023 | 1.5% | £300,336 |
| June 2022 | 8.6% | £295,940 |
| June 2021 | 7.5% | £272,518 |
| June 2020 | 9.6% | £253,450 |
| June 2019 | 6.1% | £231,260 |
| June 2018 | 1.9% | £217,954 |
| June 2017 | -0.4% | £213,817 |
| June 2016 | 7.3% | £214,655 |
| June 2015 | 3.8% | £199,980 |
| June 2014 | 3% | £192,667 |
| June 2013 | -4.6% | £187,040 |
| June 2012 | -1% | £196,121 |
| June 2011 | -3.6% | £198,110 |
| June 2010 | 8% | £205,538 |
| June 2009 | -7.7% | £190,297 |
| June 2008 | -1.6% | £206,068 |
| June 2007 | 0% | £209,418 |
Rental Market Trends
The current average rental value in the postcode is £1,442.
The PO38 1TP Rental Market has increased by 42.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.8% | £1,442pcm |
| June 2025 | 2.7% | £1,389pcm |
| June 2024 | 7.8% | £1,353pcm |
| June 2023 | 7.4% | £1,255pcm |
| June 2022 | 9.5% | £1,168pcm |
| June 2021 | 4.9% | £1,067pcm |
| June 2020 | 0.8% | £1,017pcm |
| June 2019 | 2% | £1,009pcm |
| June 2018 | 0.8% | £989pcm |
| June 2017 | -2.9% | £981pcm |
| June 2016 | 5.6% | £1,010pcm |
| June 2015 | 4.8% | £957pcm |
| June 2014 | 6% | £913pcm |
| June 2013 | 1.9% | £862pcm |
| June 2012 | -1.3% | £845pcm |
| June 2011 | 4.8% | £856pcm |
| June 2010 | 6.7% | £817pcm |
| June 2009 | -2.9% | £765pcm |
| June 2008 | 3% | £788pcm |
| June 2007 | 0% | £765pcm |
Sales History
The last sale was on 29th May 2020 for £210,000 and since then the market in the area has increased by 9.5%. 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 HouseIndia Cottage, Grove Road, Ventnor, PO38 1TPIndia Cottage, Grove Road, Ventnor, PO38 1TP
- Sold Mar 2016£200,000 | 3 Bed HouseIndia Cottage, Grove Road, Ventnor, PO38 1TPIndia Cottage, Grove Road, Ventnor, PO38 1TP
- Sold Oct 2009£194,000 | 3 Bed HouseIndia Cottage, Grove Road, Ventnor, PO38 1TPIndia Cottage, Grove Road, Ventnor, PO38 1TP
- Sold Mar 2002£60,000 | 3 Bed HouseIndia Cottage, Grove Road, Ventnor, PO38 1TPIndia Cottage, Grove Road, Ventnor, PO38 1TP
- Sold Nov 1999£54,500 | 3 Bed HouseIndia Cottage, Grove Road, Ventnor, PO38 1TPIndia Cottage, Grove Road, Ventnor, PO38 1TP
Nearby Postcodes
PO38 1TP is the 203rd largest and the 236th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1TQ, Tulse Hill, Ventnor, PO38PO38 1TQ13 Addresses|33 m away
- PO38 1TN, Southgrove Road, Ventnor, PO38PO38 1TN11 Addresses|56 m away
- PO38 1TH, Grove Road, Wroxall, Ventnor, PO38PO38 1TH38 Addresses|57 m away
- PO38 1TG, Tulse Hill, Ventnor, PO38PO38 1TG4 Addresses|64 m away
- PO38 1TF, Marlborough Road, Ventnor, PO38PO38 1TF16 Addresses|93 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 modern houses built after 1980
- 3 other addresses of unknown type
- period house (1)
- modern house (2)
- Unknown (3)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The most common rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (3)
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 Academy1.1 km away
- Wroxall Primary School2.5 km away
- St Blasius Shanklin CofE Primary Academy4.1 km away
- The Island Free School1.0 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 1TP 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
