Stay up to date
Stay up to date
Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
  | Â
VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO38 2BDHouse Prices / South East, Isle of Wight, Institute Hill
Last updated May 2026
Key Postcode Insights
PO38 2BD is a residential postcode situated on Institute Hill, Niton, Ventnor, PO38 with 4 addresses.
It ranks as the 132nd largest and 361st most expensive of the 577 postcodes in the PO38 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
Key Postcode Insights
PO38 2BD is a residential postcode situated on Institute Hill, Niton, Ventnor, PO38 with 4 addresses.
It ranks as the 132nd largest and 361st most expensive of the 577 postcodes in the PO38 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 4 properties: 4 houses.
4
Properties
- Houses
Get a Fast Offer
for your property
House Pricesin PO38 2BD
Sale prices range from £304,349 for 3 bedroom freehold houses with a garden (1,022 ft2) to £443,182 for 4 bedroom freehold houses with a garden (1,474 ft2) .
Monthly rental prices range from £1,431 pcm for 3 bed houses to £1,640 pcm for 4 bed houses.
The gross rental yield is between 4.2% and 5.6%.
The average value per square foot is £291.
Average Sale Value
£364,393
Average Rental Value
£1,520 pcm
Average Rental Yield
5.0% /year
Average Value Per Sqft
£291 /ft2
Sales Market Trendsin PO38 2BD
The last sale in PO38 2BD sold for £345,000 on 13th September 2024. Since then prices are down an average of 4.8%.
The current average value in the postcode is £364,393.
The PO38 2BD Sales Market has increased by 36.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.7% | £364,393 |
| April 2025 | 2.4% | £386,270 |
| April 2024 | -9.4% | £377,391 |
| April 2023 | 6.9% | £416,640 |
| April 2022 | 8.5% | £389,927 |
| April 2021 | 10.8% | £359,325 |
| April 2020 | 6.7% | £324,195 |
| April 2019 | 6.9% | £303,850 |
| April 2018 | 3.1% | £284,196 |
| April 2017 | 3.3% | £275,572 |
| April 2016 | 5.8% | £266,705 |
| April 2015 | 2.9% | £252,093 |
| April 2014 | 5.7% | £245,105 |
| April 2013 | -4.2% | £231,964 |
| April 2012 | -1% | £242,098 |
| April 2011 | 0% | £244,444 |
| April 2010 | 6.8% | £244,519 |
| April 2009 | -9.5% | £228,983 |
| April 2008 | 2% | £253,112 |
| April 2007 | 0% | £248,068 |
Rental Market Trendsin PO38 2BD
The current average rental value in the postcode is £1,520.
The PO38 2BD Rental Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £1,520pcm |
| April 2025 | 4.1% | £1,461pcm |
| April 2024 | 6.6% | £1,403pcm |
| April 2023 | 8.3% | £1,317pcm |
| April 2022 | 11.6% | £1,216pcm |
| April 2021 | 5.9% | £1,090pcm |
| April 2020 | 1.6% | £1,028pcm |
| April 2019 | 2.5% | £1,012pcm |
| April 2018 | 0.4% | £987pcm |
| April 2017 | 0.7% | £983pcm |
| April 2016 | 7.1% | £977pcm |
| April 2015 | 4% | £912pcm |
| April 2014 | 5.4% | £877pcm |
| April 2013 | 3.6% | £831pcm |
| April 2012 | 0% | £803pcm |
| April 2011 | 6.4% | £803pcm |
| April 2010 | 5.1% | £755pcm |
| April 2009 | -2.1% | £718pcm |
| April 2008 | 4.6% | £733pcm |
| April 2007 | 0% | £701pcm |
Explore Propertiesin PO38 2BD, Institute Hill, Niton, Ventnor, PO38
Sales Historyin PO38 2BD
The last sale was on 13th September 2024 for £345,000 and since then the market in the area has decreased by 4.8%. The postcode has had a total of 4 sales since 1995.
PO38 2BD has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Sep 2024£345,000 | 3 Bed HouseInstitute Hill2 St. Catherines Villas, Institute Hill, Ventnor, PO38 2BD
Sold Jul 2021£285,000 | 3 Bed HouseInstitute Hill1 St. Catherines Villas, Institute Hill, Ventnor, PO38 2BD
Sold Feb 2019£290,000 | 3 Bed HouseInstitute Hill2 St. Catherines Villas, Institute Hill, Ventnor, PO38 2BD
Sold Jul 2002£215,000 | 4 Bed HouseInstitute HillLocks Farm, Institute Hill, Ventnor, PO38 2BD
Nearby Postcodesto PO38 2BD
PO38 2BD is the 132nd largest and the 361st most expensive postcode out of the 577 postcodes in the PO38 area.
- 37 mPO38 2BB, Institute Hill, Niton, Ventnor, PO38PO38 2BB3 Addresses
- 68 mPO38 2BL, Glen Approach, Niton, Ventnor, PO38PO38 2BL20 Addresses
- 108 mPO38 2BQ, The Glen, Niton, Ventnor, PO38PO38 2BQ5 Addresses
- 116 mPO38 2BA, Institute Hill, Niton, Ventnor, PO38PO38 2BA7 Addresses
- 135 mPO38 2BJ, Greenlydd Close, Niton, Ventnor, PO38PO38 2BJ44 Addresses
- 157 mPO38 2BG, Verlands Close, Niton, Ventnor, PO38PO38 2BG25 Addresses
Estate Agents active nearby!
What's this?
Be the first Estate
Agent here!
Property Typesin PO38 2BD
- 1 modern house built after 1980
- 2 early-century houses built between 1912 and 1935
- 1 other address of unknown type
- modern house (1)
- early-century house (2)
- Unknown (1)
Energy Efficiencyof properties in PO38 2BD
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is C.
- A (1)
- E (0)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- 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 2BD
The nearest primary school to PO38 2BD is Niton Primary School which is 148 metres away.
- 148mNiton Primary School
- 4.9kmSt 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
- 12.6kmCarisbrooke College
More reading links
Public Transport Nearbyto PO38 2BD
The closest station to PO38 2BD is Shanklin station which is 9.2 kilometres away.
- 9.2kmShanklin
- 10.8kmLake
- 11.8kmSandown
- 14.6kmBrading
Loading...
Loading...
Loading...
Loading...
