PO38 2EJ is a residential postcode situated on Boxers Lane, Niton, Ventnor, PO38 with 22 addresses.
It ranks as the 480th largest and 68th most expensive of the 577 postcodes in the PO38 area.
The postcode contains a total of 22 properties: 9 houses and 13 flats.
PO38 2EJ is a residential postcode situated on Boxers Lane, Niton, Ventnor, PO38 with 22 addresses.
It ranks as the 480th largest and 68th most expensive of the 577 postcodes in the PO38 area.
The postcode contains a total of 22 properties: 9 houses and 13 flats.
Sale prices range from £77,190 for 1 bedroom leasehold flats (329 ft2) to £223,306 for 3 bedroom leasehold flats with a garden (1,001 ft2) .
Monthly rental prices range from £607 pcm for 1 bed flats to £1,111 pcm for 3 bed flats.
The gross rental yield is between 5.7% and 9.4%.
The average value per square foot is £234.
The last sale in PO38 2EJ sold for £50,000 on 8th October 2018. Since then prices are up an average of 20.8%.
The current average value in the postcode is £166,628.
The PO38 2EJ Sales Market has increased by 25.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.7% | £166,628 |
| April 2025 | 1.8% | £174,864 |
| April 2024 | -7.4% | £171,830 |
| April 2023 | 4.8% | £185,658 |
| April 2022 | 7.5% | £177,140 |
| April 2021 | 8.1% | £164,843 |
| April 2020 | 6% | £152,470 |
| April 2019 | 6% | £143,859 |
| April 2018 | 1.2% | £135,690 |
| April 2017 | 1.3% | £134,066 |
| April 2016 | 4.8% | £132,318 |
| April 2015 | 2.2% | £126,304 |
| April 2014 | 4.7% | £123,537 |
| April 2013 | -4.4% | £117,981 |
| April 2012 | -2.3% | £123,448 |
| April 2011 | -1.4% | £126,415 |
| April 2010 | 4.6% | £128,156 |
| April 2009 | -10% | £122,528 |
| April 2008 | -0.1% | £136,190 |
| April 2007 | 0% | £136,315 |
The current average rental value in the postcode is £877.
The PO38 2EJ Rental Market has increased by 43.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.5% | £877pcm |
| April 2025 | 3.6% | £840pcm |
| April 2024 | 7.5% | £811pcm |
| April 2023 | 6.9% | £754pcm |
| April 2022 | 9.5% | £705pcm |
| April 2021 | 4% | £644pcm |
| April 2020 | 1.7% | £620pcm |
| April 2019 | 2.2% | £609pcm |
| April 2018 | -0.9% | £596pcm |
| April 2017 | -1.6% | £602pcm |
| April 2016 | 6% | £611pcm |
| April 2015 | 3.7% | £577pcm |
| April 2014 | 4.1% | £557pcm |
| April 2013 | 2.4% | £534pcm |
| April 2012 | -1.3% | £522pcm |
| April 2011 | 4.4% | £529pcm |
| April 2010 | 3.2% | £507pcm |
| April 2009 | -2.9% | £491pcm |
| April 2008 | 2.9% | £506pcm |
| April 2007 | 0% | £492pcm |
The last sale was on 8th October 2018 for £50,000 and since then the market in the area has increased by 20.8%. The postcode has had a total of 4 sales since 1995.
PO38 2EJ has seen no sales in the last three years and no sales in the last twelve months.
PO38 2EJ is the 480th largest and the 68th most expensive postcode out of the 577 postcodes in the PO38 area.
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The closest station to PO38 2EJ is Shanklin station which is 9.5 kilometres away.
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