Southgrove Road - PO38 1TW
Key Postcode Insights
PO38 1TW is a residential postcode situated on Southgrove Road, Ventnor, PO38 with 28 addresses.
It ranks as the 514th largest and 149th 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 28 properties: 8 houses, 18 flats and 2 other properties.
- Ave. Sale Price
- £262,161
- 10 Year change
- up 27.7%
- Ave. Rental Price
- £1,168pcm
- 10 Year change
- up 44.6%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Key Postcode Insights
PO38 1TW is a residential postcode situated on Southgrove Road, Ventnor, PO38 with 28 addresses.
It ranks as the 514th largest and 149th 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 28 properties: 8 houses, 18 flats and 2 other properties.
- Ave. Sale Price
- £262,161
- 10 Year change
- up 27.7%
- Ave. Rental Price
- £1,168pcm
- 10 Year change
- up 44.6%
- Ave. £ per ft²
- £290/ft²
- Ave. Gross Yield
- 5.3%/year/yr
Explore Properties in PO38 1TW
- Flat
2 Bed Period Flat
- 1 Aldbury Cottages Southgrove Road
2 Bed House
- Avonmore Court
Period Building | 6 Units
- Belmont House
Period Building | 5 Units
- Graystoke
Flat
Sales Market Trends
The last sale in PO38 1TW sold for £485,000 on 22nd August 2023. Since then prices are down an average of 8.8%.
The current average value in the postcode is £262,161.
The PO38 1TW Sales Market has increased by 27.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £262,161 |
| June 2025 | 1.7% | £273,553 |
| June 2024 | -7.9% | £268,948 |
| June 2023 | 1.7% | £292,128 |
| June 2022 | 8.8% | £287,220 |
| June 2021 | 7.7% | £264,076 |
| June 2020 | 10.1% | £245,237 |
| June 2019 | 6.3% | £222,654 |
| June 2018 | 2.1% | £209,452 |
| June 2017 | -0.1% | £205,110 |
| June 2016 | 7.3% | £205,278 |
| June 2015 | 3.5% | £191,357 |
| June 2014 | 2.9% | £184,956 |
| June 2013 | -5.2% | £179,663 |
| June 2012 | -1.1% | £189,434 |
| June 2011 | -2.9% | £191,532 |
| June 2010 | 8% | £197,177 |
| June 2009 | -7.6% | £182,543 |
| June 2008 | -1.5% | £197,450 |
| June 2007 | 0% | £200,514 |
Rental Market Trends
The current average rental value in the postcode is £1,168.
The PO38 1TW Rental Market has increased by 44.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,168pcm |
| June 2025 | 2.7% | £1,130pcm |
| June 2024 | 7.9% | £1,101pcm |
| June 2023 | 7.7% | £1,020pcm |
| June 2022 | 9.6% | £948pcm |
| June 2021 | 5.1% | £865pcm |
| June 2020 | 1.4% | £823pcm |
| June 2019 | 2.2% | £812pcm |
| June 2018 | 1% | £794pcm |
| June 2017 | -2.6% | £786pcm |
| June 2016 | 5.5% | £808pcm |
| June 2015 | 4.5% | £765pcm |
| June 2014 | 5.9% | £733pcm |
| June 2013 | 1.4% | £692pcm |
| June 2012 | -1.4% | £682pcm |
| June 2011 | 5.6% | £692pcm |
| June 2010 | 6.7% | £655pcm |
| June 2009 | -2.8% | £614pcm |
| June 2008 | 3.1% | £631pcm |
| June 2007 | 0% | £612pcm |
Sales History
The last recorded sale was on 22nd August 2023 for £485,000 and since then the market in the area has decreased by 8.8%.
PO38 1TW has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Aug 2023£485,000 | 3 Bed HouseNeptune, Southgrove Road, Ventnor, PO38 1TWNeptune, Southgrove Road, Ventnor, PO38 1TW
- Sold Aug 2022£210,000 | 2 Bed FlatFlat 4, Avonmore Court, Southgrove Road, Ventnor, PO38 1TWFlat 4, Avonmore Court, Southgrove Road, Ventnor, PO38 1TW
- Sold May 2022£245,000 | 3 Bed FlatFlat 1, Avonmore Court, Southgrove Road, Ventnor, PO38 1TWFlat 1, Avonmore Court, Southgrove Road, Ventnor, PO38 1TW
Nearby Postcodes
PO38 1TW is the 514th largest and the 149th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 1DW, Mitchell Avenue, Ventnor, PO38PO38 1DW9 Addresses|50 m away
- PO38 1DP, Mitchell Avenue, Ventnor, PO38PO38 1DP9 Addresses|61 m away
- PO38 1TN, Southgrove Road, Ventnor, PO38PO38 1TN11 Addresses|80 m away
- PO38 1DL, Mitchell Avenue, Ventnor, PO38PO38 1DL11 Addresses|87 m away
- PO38 1DJ, Mitchell Avenue, Ventnor, PO38PO38 1DJ10 Addresses|95 m away
Property Types
- 2 period houses built between 1800 and 1911
- 18 period flats built between 1800 and 1911
- 3 modern houses built after 1980
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (2)
- period flat (18)
- modern house (3)
- mid-century house (2)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 24 properties.
- The most common rating is D.
- A (0)
- E (5)
- B (0)
- F (2)
- C (5)
- G (1)
- D (11)
- No EPC (4)
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 Academy1.0 km away
- Wroxall Primary School2.4 km away
- St Blasius Shanklin CofE Primary Academy4.0 km away
- The Island Free School900 m away
- Christ The King College13.0 km away
- Carisbrooke College13.5 km away
More reading links
Public Transport Nearby
The closest station to PO38 1TW 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
