Pan Lane - PO38 2BU
Key Postcode Insights
PO38 2BU is a residential postcode situated on Pan Lane, Niton, Ventnor, PO38 with 7 addresses.
It ranks as the 237th 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
- £404,156
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,552pcm
- 10 Year change
- up 52.6%
- Ave. £ per ft²
- £360/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Key Postcode Insights
PO38 2BU is a residential postcode situated on Pan Lane, Niton, Ventnor, PO38 with 7 addresses.
It ranks as the 237th 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
- £404,156
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,552pcm
- 10 Year change
- up 52.6%
- Ave. £ per ft²
- £360/ft²
- Ave. Gross Yield
- 4.6%/year/yr
Explore Properties in PO38 2BU
- Blythe Cottage
2 Bed Early-century House
- Caynes Court
House
- Ladyacre Farm
House
- Pan Cottage
4 Bed Early-century House
- Pollard Willow
House
Sales Market Trends
The last sale in PO38 2BU sold for £422,000 on 29th February 2024. Since then prices are down an average of 2.5%.
The current average value in the postcode is £404,156.
The PO38 2BU Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £404,156 |
| June 2025 | 2.1% | £421,678 |
| June 2024 | -8.3% | £412,832 |
| June 2023 | 1.8% | £450,116 |
| June 2022 | 10.7% | £442,010 |
| June 2021 | 9.4% | £399,175 |
| June 2020 | 9.4% | £364,988 |
| June 2019 | 6.2% | £333,545 |
| June 2018 | 2.8% | £313,963 |
| June 2017 | 1.6% | £305,297 |
| June 2016 | 7.6% | £300,616 |
| June 2015 | 3.5% | £279,403 |
| June 2014 | 2.9% | £270,047 |
| June 2013 | -4.5% | £262,311 |
| June 2012 | -0.4% | £274,587 |
| June 2011 | -1.8% | £275,805 |
| June 2010 | 9.9% | £280,801 |
| June 2009 | -7.2% | £255,463 |
| June 2008 | -1% | £275,324 |
| June 2007 | 0% | £278,182 |
Rental Market Trends
The current average rental value in the postcode is £1,552.
The PO38 2BU Rental Market has increased by 52.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.3% | £1,552pcm |
| June 2025 | 3.4% | £1,503pcm |
| June 2024 | 6.8% | £1,453pcm |
| June 2023 | 7.9% | £1,361pcm |
| June 2022 | 11.3% | £1,261pcm |
| June 2021 | 6.9% | £1,134pcm |
| June 2020 | 1.2% | £1,060pcm |
| June 2019 | 2.5% | £1,048pcm |
| June 2018 | 1.7% | £1,022pcm |
| June 2017 | -1.1% | £1,005pcm |
| June 2016 | 6.1% | £1,017pcm |
| June 2015 | 4.7% | £959pcm |
| June 2014 | 5.4% | £915pcm |
| June 2013 | 1.6% | £868pcm |
| June 2012 | -0.5% | £854pcm |
| June 2011 | 6.3% | £858pcm |
| June 2010 | 8.7% | £807pcm |
| June 2009 | -2.3% | £743pcm |
| June 2008 | 3.6% | £760pcm |
| June 2007 | 0% | £734pcm |
Sales History
The last recorded sale was on 29th February 2024 for £422,000 and since then the market in the area has decreased by 2.5%.
PO38 2BU has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Feb 2024£422,000 | 3 Bed HouseScallop Shell Cottage, Pan Lane, Ventnor, PO38 2BUScallop Shell Cottage, Pan Lane, Ventnor, PO38 2BU
- Sold Dec 2022£455,000 | 4 Bed HousePan Cottage, Pan Lane, Ventnor, PO38 2BUPan Cottage, Pan Lane, Ventnor, PO38 2BU
- Sold Apr 2008£287,000 | 3 Bed HouseScallop Shell Cottage, Pan Lane, Ventnor, PO38 2BUScallop Shell Cottage, Pan Lane, Ventnor, PO38 2BU
Nearby Postcodes
PO38 2BU is the 237th largest and the 413th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 2BT, Pan Lane, Niton, Ventnor, PO38PO38 2BT13 Addresses|221 m away
- PO38 2DE, Downside Avenue, Niton, Ventnor, PO38PO38 2DE10 Addresses|286 m away
- PO38 2BS, Church Street, Niton, Ventnor, PO38PO38 2BS14 Addresses|291 m away
- PO38 2BW, Blackgang Road, Niton, Ventnor, PO38PO38 2BW36 Addresses|317 m away
- PO38 2BN, Blackgang Road, Niton, Ventnor, PO38PO38 2BN14 Addresses|328 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 (0)
- G (0)
- D (1)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Jun 2023£1,150,000 | 5 Bed HouseManor Lodge, Pan Lane, Ventnor, PO38 2BTManor Lodge, Pan Lane, Ventnor, PO38 2BT
- Sold Dec 2022£455,000 | 4 Bed HousePan Cottage, Pan Lane, Ventnor, PO38 2BUPan Cottage, Pan Lane, Ventnor, PO38 2BU
- Sold Feb 2024£422,000 | 3 Bed HouseScallop Shell Cottage, Pan Lane, Ventnor, PO38 2BUScallop Shell Cottage, Pan Lane, Ventnor, PO38 2BU
Schools Nearby
- Niton Primary School600 m away
- St Francis Catholic and Church of England Primary Academy5.0 km away
- Godshill Primary School5.5 km away
- The Island Free School5.1 km away
- Christ The King College11.7 km away
- Carisbrooke College12.0 km away
More reading links
Public Transport Nearby
The closest station to PO38 2BU is Shanklin station, which is 9.1 kilometres away.
- Shanklin|9.1 km away
- Lake|10.7 km away
- Sandown|11.6 km away
- Brading|14.5 km away
