Institute Hill - PO38 2BD
Key Postcode Insights
PO38 2BD is a residential postcode situated on Institute Hill, Niton, Ventnor, PO38 with 4 addresses.
It ranks as the 131st largest and 366th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 3 houses and 1 other property.
- Ave. Sale Price
- £369,358
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,664pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £293/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Key Postcode Insights
PO38 2BD is a residential postcode situated on Institute Hill, Niton, Ventnor, PO38 with 4 addresses.
It ranks as the 131st largest and 366th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 4 properties: 3 houses and 1 other property.
- Ave. Sale Price
- £369,358
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,664pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £293/ft²
- Ave. Gross Yield
- 5.4%/year/yr
Explore Properties in PO38 2BD
- 1 St. Catherines Villas Institute Hill
3 Bed Period House
- 2 St. Catherines Villas Institute Hill
3 Bed Period House
- 3 St. Catherines Villas Institute Hill
4 Bed Modern House
- Locks Farm
House
Sales Market Trends
The last sale in PO38 2BD sold for £345,000 on 13th September 2024. Since then prices are down an average of 3.7%.
The current average value in the postcode is £369,358.
The PO38 2BD Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.4% | £369,358 |
| June 2025 | 2.1% | £386,419 |
| June 2024 | -8.3% | £378,350 |
| June 2023 | 2% | £412,666 |
| June 2022 | 10.5% | £404,388 |
| June 2021 | 9.6% | £365,989 |
| June 2020 | 9.5% | £333,873 |
| June 2019 | 6.2% | £304,922 |
| June 2018 | 2.7% | £286,997 |
| June 2017 | 1.6% | £279,354 |
| June 2016 | 7.7% | £274,859 |
| June 2015 | 3.3% | £255,152 |
| June 2014 | 2.9% | £246,891 |
| June 2013 | -4.6% | £239,976 |
| June 2012 | -0.5% | £251,630 |
| June 2011 | -1.5% | £252,961 |
| June 2010 | 10.2% | £256,784 |
| June 2009 | -7.1% | £233,004 |
| June 2008 | -0.9% | £250,787 |
| June 2007 | 0% | £253,088 |
Rental Market Trends
The current average rental value in the postcode is £1,664.
The PO38 2BD Rental Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,664pcm |
| June 2025 | 3.4% | £1,616pcm |
| June 2024 | 6.8% | £1,562pcm |
| June 2023 | 8.1% | £1,463pcm |
| June 2022 | 11% | £1,354pcm |
| June 2021 | 7.2% | £1,219pcm |
| June 2020 | 1.2% | £1,137pcm |
| June 2019 | 2.5% | £1,124pcm |
| June 2018 | 1.6% | £1,096pcm |
| June 2017 | -1.1% | £1,079pcm |
| June 2016 | 6.2% | £1,091pcm |
| June 2015 | 4.6% | £1,027pcm |
| June 2014 | 5.4% | £982pcm |
| June 2013 | 1.5% | £932pcm |
| June 2012 | -0.6% | £918pcm |
| June 2011 | 6.6% | £923pcm |
| June 2010 | 9% | £866pcm |
| June 2009 | -2.2% | £794pcm |
| June 2008 | 3.7% | £812pcm |
| June 2007 | 0% | £783pcm |
Sales History
The last recorded sale was on 13th September 2024 for £345,000 and since then the market in the area has decreased by 3.7%.
PO38 2BD has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Sep 2024£345,000 | 3 Bed House2 St. Catherines Villas, Institute Hill, Ventnor, PO38 2BD2 St. Catherines Villas, Institute Hill, Ventnor, PO38 2BD
- Sold Jul 2021£285,000 | 3 Bed House1 St. Catherines Villas, Institute Hill, Ventnor, PO38 2BD1 St. Catherines Villas, Institute Hill, Ventnor, PO38 2BD
- Sold Feb 2019£290,000 | 3 Bed House2 St. Catherines Villas, Institute Hill, Ventnor, PO38 2BD2 St. Catherines Villas, Institute Hill, Ventnor, PO38 2BD
Nearby Postcodes
PO38 2BD is the 131st largest and the 366th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 2BB, Institute Hill, Niton, Ventnor, PO38PO38 2BB3 Addresses|37 m away
- PO38 2BL, Glen Approach, Niton, Ventnor, PO38PO38 2BL20 Addresses|68 m away
- PO38 2BQ, The Glen, Niton, Ventnor, PO38PO38 2BQ5 Addresses|108 m away
- PO38 2BA, Institute Hill, Niton, Ventnor, PO38PO38 2BA7 Addresses|116 m away
- PO38 2BJ, Greenlydd Close, Niton, Ventnor, PO38PO38 2BJ44 Addresses|135 m away
Property Types
- 2 period houses built between 1800 and 1911
- 1 modern house built after 1980
- 1 other address of unknown type
- period house (2)
- modern house (1)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is C.
- A (1)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (1)
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 Academy4.9 km away
- Wroxall Primary School5.7 km away
- The Island Free School5.0 km away
- Christ The King College12.2 km away
- Carisbrooke College12.6 km away
More reading links
Public Transport Nearby
The closest station to PO38 2BD is Shanklin station, which is 9.2 kilometres away.
- Shanklin|9.2 km away
- Lake|10.8 km away
- Sandown|11.8 km away
- Brading|14.6 km away
