Institute Hill - PO38 2BA
Key Postcode Insights
PO38 2BA is a residential postcode situated on Institute Hill, Niton, Ventnor, PO38 with 7 addresses.
It ranks as the 236th largest of the 576 postcodes in the PO38 area.
The postcode contains a total of 7 properties: 3 houses and 4 other properties.
- Ave. Sale Price
- £417,948
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,593pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
PO38 2BA is a residential postcode situated on Institute Hill, Niton, Ventnor, PO38 with 7 addresses.
It ranks as the 236th largest of the 576 postcodes in the PO38 area.
The postcode contains a total of 7 properties: 3 houses and 4 other properties.
- Ave. Sale Price
- £417,948
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,593pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £368/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Properties in PO38 2BA
- 2 Clifton Institute Hill
3 Bed Period House
- Clifton Villa
House
- Douglas End
4 Bed Modern House
- Koinonia
House
- Meadow Bank
House
Sales Market Trends
The last sale in PO38 2BA sold for £525,000 on 3rd August 2021. Since then prices are up an average of 39.3%.
The current average value in the postcode is £417,948.
The PO38 2BA Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.4% | £417,948 |
| June 2025 | 2.1% | £437,254 |
| June 2024 | -8.3% | £428,122 |
| June 2023 | 2% | £466,953 |
| June 2022 | 10.5% | £457,586 |
| June 2021 | 9.6% | £414,136 |
| June 2020 | 9.5% | £377,795 |
| June 2019 | 6.2% | £345,036 |
| June 2018 | 2.7% | £324,753 |
| June 2017 | 1.6% | £316,104 |
| June 2016 | 7.7% | £311,017 |
| June 2015 | 3.3% | £288,718 |
| June 2014 | 2.9% | £279,370 |
| June 2013 | -4.6% | £271,546 |
| June 2012 | -0.5% | £284,733 |
| June 2011 | -1.5% | £286,238 |
| June 2010 | 10.2% | £290,565 |
| June 2009 | -7.1% | £263,656 |
| June 2008 | -0.9% | £283,779 |
| June 2007 | 0% | £286,383 |
Rental Market Trends
The current average rental value in the postcode is £1,593.
The PO38 2BA Rental Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,593pcm |
| June 2025 | 3.4% | £1,547pcm |
| June 2024 | 6.8% | £1,495pcm |
| June 2023 | 8.1% | £1,401pcm |
| June 2022 | 11% | £1,296pcm |
| June 2021 | 7.2% | £1,167pcm |
| June 2020 | 1.2% | £1,089pcm |
| June 2019 | 2.5% | £1,076pcm |
| June 2018 | 1.6% | £1,049pcm |
| June 2017 | -1.1% | £1,033pcm |
| June 2016 | 6.2% | £1,044pcm |
| June 2015 | 4.6% | £983pcm |
| June 2014 | 5.4% | £940pcm |
| June 2013 | 1.5% | £892pcm |
| June 2012 | -0.6% | £879pcm |
| June 2011 | 6.6% | £884pcm |
| June 2010 | 9% | £829pcm |
| June 2009 | -2.2% | £760pcm |
| June 2008 | 3.7% | £778pcm |
| June 2007 | 0% | £750pcm |
Sales History
The last recorded sale was on 3rd August 2021 for £525,000 and since then the market in the area has increased by 39.3%.
PO38 2BA has had 3 sales since 1995, none of them in the last three years.
- Sold Aug 2021£525,000 | 4 Bed HouseDouglas End, Institute Hill, Ventnor, PO38 2BADouglas End, Institute Hill, Ventnor, PO38 2BA
- Sold Mar 2016£285,000 | 3 Bed House2 Clifton, Institute Hill, Ventnor, PO38 2BA2 Clifton, Institute Hill, Ventnor, PO38 2BA
- Sold May 2012£246,000 | 3 Bed House2 Clifton, Institute Hill, Ventnor, PO38 2BA2 Clifton, Institute Hill, Ventnor, PO38 2BA
Nearby Postcodes
PO38 2BA is the 236th largest and the 390th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 2BP, School Lane, Niton, Ventnor, PO38PO38 2BP5 Addresses|66 m away
- PO38 2BB, Institute Hill, Niton, Ventnor, PO38PO38 2BB3 Addresses|79 m away
- PO38 2AZ, High Street, Niton, Ventnor, PO38PO38 2AZ23 Addresses|100 m away
- PO38 2BD, Institute Hill, Niton, Ventnor, PO38PO38 2BD4 Addresses|116 m away
- PO38 2BL, Glen Approach, Niton, Ventnor, PO38PO38 2BL20 Addresses|125 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Aug 2021£525,000 | 4 Bed HouseDouglas End, Institute Hill, Ventnor, PO38 2BADouglas End, Institute Hill, Ventnor, PO38 2BA
- Sold Jul 2018£420,000 | 4 Bed HouseVectis Cottage, Institute Hill, Ventnor, PO38 2BBVectis Cottage, Institute Hill, Ventnor, PO38 2BB
- Sold Sep 2024£345,000 | 3 Bed House2 St. Catherines Villas, Institute Hill, Ventnor, PO38 2BD2 St. Catherines Villas, Institute Hill, Ventnor, PO38 2BD
Schools Nearby
- Niton Primary School100 m away
- St Francis Catholic and Church of England Primary Academy4.8 km away
- Wroxall Primary School5.6 km away
- The Island Free School5.0 km away
- Christ The King College12.1 km away
- Carisbrooke College12.4 km away
More reading links
Public Transport Nearby
The closest station to PO38 2BA is Shanklin station, which is 9.1 kilometres away.
- Shanklin|9.1 km away
- Lake|10.7 km away
- Sandown|11.7 km away
- Brading|14.5 km away
