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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 2BBHouse Prices / South East, Isle of Wight, Institute Hill
Last updated May 2026
Key Postcode Insights
PO38 2BB is a residential postcode situated on Institute Hill, Niton, Ventnor, PO38 with 3 addresses.
It ranks as the 93rd largest and 349th most expensive of the 577 postcodes in the PO38 area.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
Key Postcode Insights
PO38 2BB is a residential postcode situated on Institute Hill, Niton, Ventnor, PO38 with 3 addresses.
It ranks as the 93rd largest and 349th most expensive of the 577 postcodes in the PO38 area.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
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House Pricesin PO38 2BB
Sale prices range from £283,897 for 3 bedroom freehold houses with a garden (1,023 ft2) to £401,364 for 4 bedroom freehold houses with a garden (1,862 ft2) .
Monthly rental prices range from £1,425 pcm for 3 bed houses to £1,796 pcm for 4 bed houses.
The gross rental yield is between 5.4% and 6.0%.
The average value per square foot is £241.
Average Sale Value
£341,723
Average Rental Value
£1,580 pcm
Average Rental Yield
5.5% /year
Average Value Per Sqft
£241 /ft2
Sales Market Trendsin PO38 2BB
The last sale in PO38 2BB sold for £337,000 on 12th December 2025. Since then prices are down an average of 1.7%.
The current average value in the postcode is £341,723.
The PO38 2BB Sales Market has increased by 36.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.7% | £341,723 |
| April 2025 | 2.4% | £362,239 |
| April 2024 | -9.4% | £353,913 |
| April 2023 | 6.9% | £390,720 |
| April 2022 | 8.5% | £365,669 |
| April 2021 | 10.8% | £336,970 |
| April 2020 | 6.7% | £304,025 |
| April 2019 | 6.9% | £284,946 |
| April 2018 | 3.1% | £266,515 |
| April 2017 | 3.3% | £258,428 |
| April 2016 | 5.8% | £250,112 |
| April 2015 | 2.9% | £236,409 |
| April 2014 | 5.7% | £229,856 |
| April 2013 | -4.2% | £217,533 |
| April 2012 | -1% | £227,037 |
| April 2011 | 0% | £229,237 |
| April 2010 | 6.8% | £229,306 |
| April 2009 | -9.5% | £214,738 |
| April 2008 | 2% | £237,365 |
| April 2007 | 0% | £232,635 |
Rental Market Trendsin PO38 2BB
The current average rental value in the postcode is £1,580.
The PO38 2BB Rental Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £1,580pcm |
| April 2025 | 4.1% | £1,520pcm |
| April 2024 | 6.6% | £1,459pcm |
| April 2023 | 8.3% | £1,370pcm |
| April 2022 | 11.6% | £1,265pcm |
| April 2021 | 5.9% | £1,133pcm |
| April 2020 | 1.6% | £1,069pcm |
| April 2019 | 2.5% | £1,052pcm |
| April 2018 | 0.4% | £1,027pcm |
| April 2017 | 0.7% | £1,023pcm |
| April 2016 | 7.1% | £1,016pcm |
| April 2015 | 4% | £948pcm |
| April 2014 | 5.4% | £912pcm |
| April 2013 | 3.6% | £865pcm |
| April 2012 | 0% | £835pcm |
| April 2011 | 6.4% | £835pcm |
| April 2010 | 5.1% | £785pcm |
| April 2009 | -2.1% | £747pcm |
| April 2008 | 4.6% | £762pcm |
| April 2007 | 0% | £729pcm |
Explore Propertiesin PO38 2BB, Institute Hill, Niton, Ventnor, PO38
Sales Historyin PO38 2BB
The last sale was on 12th December 2025 for £337,000 and since then the market in the area has decreased by 1.7%. The postcode has had a total of 7 sales since 1995.
PO38 2BB has seen 1 sale in the last three years and 1 sale in the last twelve months.
Sold Dec 2025£337,000 | 4 Bed HouseInstitute Hill2 The Haven, Institute Hill, Ventnor, PO38 2BB
Sold Jul 2018£420,000 | 4 Bed HouseInstitute HillVectis Cottage, Institute Hill, Ventnor, PO38 2BB
Sold Dec 2007£245,000 | 4 Bed HouseInstitute Hill2 The Haven, Institute Hill, Ventnor, PO38 2BB
Sold Jul 2007£196,000 | 3 Bed HouseInstitute Hill1 The Haven, Institute Hill, Ventnor, PO38 2BB
Sold Sep 2001£95,000 | 4 Bed HouseInstitute Hill2 The Haven, Institute Hill, Ventnor, PO38 2BB
Sold Sep 1997£30,000 | 3 Bed HouseInstitute Hill1 The Haven, Institute Hill, Ventnor, PO38 2BB
Sold Sep 1997£50,000 | 4 Bed HouseInstitute Hill2 The Haven, Institute Hill, Ventnor, PO38 2BB
Nearby Postcodesto PO38 2BB
PO38 2BB is the 93rd largest and the 349th most expensive postcode out of the 577 postcodes in the PO38 area.
- 37 mPO38 2BD, Institute Hill, Niton, Ventnor, PO38PO38 2BD4 Addresses
- 67 mPO38 2BL, Glen Approach, Niton, Ventnor, PO38PO38 2BL20 Addresses
- 79 mPO38 2BA, Institute Hill, Niton, Ventnor, PO38PO38 2BA7 Addresses
- 128 mPO38 2BQ, The Glen, Niton, Ventnor, PO38PO38 2BQ5 Addresses
- 133 mPO38 2BP, School Lane, Niton, Ventnor, PO38PO38 2BP5 Addresses
- 138 mPO38 2BJ, Greenlydd Close, Niton, Ventnor, PO38PO38 2BJ44 Addresses
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Property Typesin PO38 2BB
- 1 period house built between 1800 and 1911
- 1 modern house built after 1980
- 1 house of an unknown age
- period house (1)
- modern house (1)
- house (1)
Energy Efficiencyof properties in PO38 2BB
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (2)
- No EPC (1)
Top 3 Most Expensive Saleson Institute Hill
- Sold Aug 2021£525,000 | 4 Bed HouseInstitute HillDouglas End, Institute Hill, Ventnor, PO38 2BA
- Sold Jul 2018£420,000 | 4 Bed HouseInstitute HillVectis Cottage, Institute Hill, Ventnor, PO38 2BB
- Sold Sep 2024£345,000 | 3 Bed HouseInstitute Hill2 St. Catherines Villas, Institute Hill, Ventnor, PO38 2BD
Schools Nearbyto PO38 2BB
The nearest primary school to PO38 2BB is Niton Primary School which is 107 metres away.
- 107mNiton Primary School
- 4.8kmSt Francis Catholic and Church of England Primary Academy
- 5.7kmWroxall Primary School
The nearest secondary school is The Island Free School which is 5.0 kilometres away.
- 5.0kmThe Island Free School
- 12.2kmChrist The King College
- 12.5kmCarisbrooke College
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Public Transport Nearbyto PO38 2BB
The closest station to PO38 2BB is Shanklin station which is 9.2 kilometres away.
- 9.2kmShanklin
- 10.8kmLake
- 11.7kmSandown
- 14.6kmBrading
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