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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 1UGHouse Prices / South East, Isle of Wight, Steephill Cove
Last updated May 2026
Key Postcode Insights
PO38 1UG is a residential postcode situated on Steephill Cove, Ventnor, PO38 with 11 addresses.
It ranks as the 346th largest and 460th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 10 houses and 1 flat.
11
Properties
- Houses
- Flats
Key Postcode Insights
PO38 1UG is a residential postcode situated on Steephill Cove, Ventnor, PO38 with 11 addresses.
It ranks as the 346th largest and 460th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 11 properties: 10 houses and 1 flat.
11
Properties
- Houses
- Flats
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House Pricesin PO38 1UG
Sale prices range from £208,723 for 2 bedroom leasehold houses with a garden (269 ft2) to £667,508 for 5 bedroom freehold houses with a garden (2,432 ft2) .
Monthly rental prices range from £1,111 pcm for 2 bed houses to £2,207 pcm for 5 bed houses.
The gross rental yield is between 4.0% and 6.4%.
The average value per square foot is £274.
Average Sale Value
£438,037
Average Rental Value
£1,627 pcm
Average Rental Yield
4.5% /year
Average Value Per Sqft
£274 /ft2
Sales Market Trendsin PO38 1UG
The last sale in PO38 1UG sold for £1,700,000 on 30th June 2021. Since then prices are up an average of 42.8%.
The current average value in the postcode is £438,037.
The PO38 1UG Sales Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.9% | £438,037 |
| April 2025 | 2.2% | £465,645 |
| April 2024 | -9.5% | £455,424 |
| April 2023 | 6.7% | £503,067 |
| April 2022 | 7.5% | £471,473 |
| April 2021 | 10.3% | £438,778 |
| April 2020 | 7% | £397,809 |
| April 2019 | 7.3% | £371,944 |
| April 2018 | 2.6% | £346,632 |
| April 2017 | 2.6% | £337,720 |
| April 2016 | 5.7% | £329,047 |
| April 2015 | 2.8% | £311,411 |
| April 2014 | 5.6% | £303,059 |
| April 2013 | -4.6% | £286,928 |
| April 2012 | -1.2% | £300,786 |
| April 2011 | -0.5% | £304,338 |
| April 2010 | 6.6% | £305,869 |
| April 2009 | -8.7% | £286,890 |
| April 2008 | 1.6% | £314,161 |
| April 2007 | 0% | £309,115 |
Rental Market Trendsin PO38 1UG
The current average rental value in the postcode is £1,627.
The PO38 1UG Rental Market has increased by 51.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £1,627pcm |
| April 2025 | 3.8% | £1,565pcm |
| April 2024 | 7.2% | £1,509pcm |
| April 2023 | 8% | £1,408pcm |
| April 2022 | 10.9% | £1,304pcm |
| April 2021 | 5.1% | £1,175pcm |
| April 2020 | 1.5% | £1,118pcm |
| April 2019 | 2.5% | £1,101pcm |
| April 2018 | -0.2% | £1,075pcm |
| April 2017 | 0% | £1,077pcm |
| April 2016 | 7% | £1,076pcm |
| April 2015 | 3.7% | £1,006pcm |
| April 2014 | 5.8% | £971pcm |
| April 2013 | 3.7% | £918pcm |
| April 2012 | -0.5% | £885pcm |
| April 2011 | 6.4% | £889pcm |
| April 2010 | 4.7% | £835pcm |
| April 2009 | -1% | £798pcm |
| April 2008 | 4.1% | £806pcm |
| April 2007 | 0% | £774pcm |
Explore Propertiesin PO38 1UG, Steephill Cove, Ventnor, PO38
- Cliff Dene, Steephill Cove, Ventnor, PO38 1UG5 bed period house
- Cove Cottage, Steephill Cove, Ventnor, PO38 1UG4 bed house
- Genevra, Steephill Cove, Ventnor, PO38 1UG
- Sail Loft, Steephill Cove, Ventnor, PO38 1UG
- Sandpipers, Steephill Cove, Ventnor, PO38 1UG3 bed mid-century house
- Sea Breeze, Steephill Cove, Ventnor, PO38 1UG2 bed mid-century house
- Steephill Cottage, Steephill Cove, Ventnor, PO38 1UG4 bed flat
- Thatched Cottage, Steephill Cove, Ventnor, PO38 1UG
- The Boathouse, Steephill Cove, Ventnor, PO38 1UG
- The Cabin, Steephill Cove, Ventnor, PO38 1UG
- West View, Steephill Cove, Ventnor, PO38 1UG
Sales Historyin PO38 1UG
The last sale was on 30th June 2021 for £1,700,000 and since then the market in the area has increased by 42.8%. The postcode has had a total of 6 sales since 1995.
PO38 1UG has seen no sales in the last three years and no sales in the last twelve months.
Sold Jun 2021£1,700,000 | 5 Bed HouseSteephill CoveCliff Dene, Steephill Cove, Ventnor, PO38 1UG
Sold Sep 2015£1,350,000 | 5 Bed HouseSteephill CoveCliff Dene, Steephill Cove, Ventnor, PO38 1UG
Sold Sep 2007£700,000 | 4 Bed HouseSteephill CoveCove Cottage, Steephill Cove, Ventnor, PO38 1UG
Sold Sep 2007£535,000 | 4 Bed FlatSteephill CoveSteephill Cottage, Steephill Cove, Ventnor, PO38 1UG
Sold Apr 2005£120,000 | 4 Bed FlatSteephill CoveSteephill Cottage, Steephill Cove, Ventnor, PO38 1UG
Sold Mar 1999£110,000 | 4 Bed HouseSteephill CoveThatched Cottage, Steephill Cove, Ventnor, PO38 1UG
Nearby Postcodesto PO38 1UG
PO38 1UG is the 346th largest and the 460th most expensive postcode out of the 577 postcodes in the PO38 area.
- 85 mPO38 1AF, Love Lane, Ventnor, PO38PO38 1AF1 Addresses
- 207 mPO38 1UF, Steephill Road, Ventnor, PO38PO38 1UF34 Addresses
- 282 mPO38 1UQ, Undercliff Drive, Ventnor, PO38PO38 1UQ5 Addresses
- 365 mPO38 1UB, Undercliff Gardens, Ventnor, PO38PO38 1UB16 Addresses
- 412 mPO38 1UH, Steephill Court Road, Ventnor, PO38PO38 1UH28 Addresses
- 423 mPO38 1UD, Castle Close, Ventnor, PO38PO38 1UD35 Addresses
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Property Typesin PO38 1UG
- 1 period house built between 1800 and 1911
- 2 mid-century houses built between 1936 and 1979
- 1 house of an unknown age
- 1 flat of an unknown age
- 6 other addresses of unknown type
- period house (1)
- mid-century house (2)
- house (1)
- flat (1)
- Unknown (6)
Energy Efficiencyof properties in PO38 1UG
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (1)
- D (1)
- No EPC (8)
Top 3 Most Expensive Saleson Steephill Cove
Schools Nearbyto PO38 1UG
The nearest primary school to PO38 1UG is St Francis Catholic and Church of England Primary Academy which is 1.2 kilometres away.
- 1.2kmSt Francis Catholic and Church of England Primary Academy
- 3.1kmWroxall Primary School
- 4.3kmNiton Primary School
The nearest secondary school is The Island Free School which is 1.3 kilometres away.
- 1.3kmThe Island Free School
- 13.2kmChrist The King College
- 13.6kmCarisbrooke College
More reading links
Public Transport Nearbyto PO38 1UG
The closest station to PO38 1UG is Shanklin station which is 5.9 kilometres away.
- 5.9kmShanklin
- 7.6kmLake
- 8.7kmSandown
- 11.6kmBrading
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