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 2HLHouse Prices / South East, Isle of Wight, The Terrace
Last updated May 2026
Key Postcode Insights
PO38 2HL is a residential postcode situated on The Terrace, Chale, Ventnor, PO38 with 9 addresses.
It ranks as the 302nd largest and 540th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 9 properties: 9 houses.
9
Properties
- Houses
Key Postcode Insights
PO38 2HL is a residential postcode situated on The Terrace, Chale, Ventnor, PO38 with 9 addresses.
It ranks as the 302nd largest and 540th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 9 properties: 9 houses.
9
Properties
- Houses
Get a Fast Offer
for your property
House Pricesin PO38 2HL
Sale prices range from £279,917 for 3 bedroom freehold houses with a garden (703 ft2) to £829,734 for 5 bedroom freehold houses with a garden (5,188 ft2) .
Monthly rental prices range from £1,343 pcm for 3 bed houses to £3,242 pcm for 5 bed houses.
The gross rental yield is between 4.0% and 5.8%.
The average value per square foot is £228.
Average Sale Value
£574,453
Average Rental Value
£2,139 pcm
Average Rental Yield
4.5% /year
Average Value Per Sqft
£228 /ft2
Sales Market Trendsin PO38 2HL
The last sale in PO38 2HL sold for £925,000 on 24th May 2023. Since then prices are down an average of 11.3%.
The current average value in the postcode is £574,453.
The PO38 2HL Sales Market has increased by 36.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5% | £574,453 |
| April 2025 | 2% | £604,853 |
| April 2024 | -8.4% | £592,856 |
| April 2023 | 5.9% | £646,997 |
| April 2022 | 9.7% | £611,011 |
| April 2021 | 10.6% | £556,785 |
| April 2020 | 5.8% | £503,472 |
| April 2019 | 6.4% | £475,650 |
| April 2018 | 2.8% | £447,164 |
| April 2017 | 3.7% | £435,037 |
| April 2016 | 5.4% | £419,634 |
| April 2015 | 2.5% | £398,021 |
| April 2014 | 5.4% | £388,424 |
| April 2013 | -2.9% | £368,505 |
| April 2012 | -0.6% | £379,404 |
| April 2011 | -0.2% | £381,656 |
| April 2010 | 5.8% | £382,550 |
| April 2009 | -9.6% | £361,536 |
| April 2008 | 1.8% | £399,937 |
| April 2007 | 0% | £392,728 |
Rental Market Trendsin PO38 2HL
The current average rental value in the postcode is £2,139.
The PO38 2HL Rental Market has increased by 56.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4.1% | £2,139pcm |
| April 2025 | 3.8% | £2,054pcm |
| April 2024 | 6.5% | £1,978pcm |
| April 2023 | 8% | £1,858pcm |
| April 2022 | 11.8% | £1,720pcm |
| April 2021 | 6.3% | £1,539pcm |
| April 2020 | 1.6% | £1,447pcm |
| April 2019 | 2.5% | £1,424pcm |
| April 2018 | 0.6% | £1,390pcm |
| April 2017 | 0.7% | £1,381pcm |
| April 2016 | 6.6% | £1,371pcm |
| April 2015 | 3.9% | £1,286pcm |
| April 2014 | 4.8% | £1,237pcm |
| April 2013 | 4.1% | £1,181pcm |
| April 2012 | 0.4% | £1,135pcm |
| April 2011 | 5.6% | £1,130pcm |
| April 2010 | 4.4% | £1,070pcm |
| April 2009 | -2.5% | £1,024pcm |
| April 2008 | 4.8% | £1,050pcm |
| April 2007 | 0% | £1,002pcm |
Explore Propertiesin PO38 2HL, The Terrace, Chale, Ventnor, PO38
- 6 Cliff Terrace, The Terrace, Ventnor, PO38 2HL
- Brickhill Lodge, The Terrace, Ventnor, PO38 2HL
- Heathlands, The Terrace, Ventnor, PO38 2HL
- Ingleston, The Terrace, Ventnor, PO38 2HL5 bed period house
- Lowecliffe Cottage, The Terrace, Ventnor, PO38 2HL3 bed period house
- Saeter, The Terrace, Ventnor, PO38 2HL5 bed period house
- Seafield, The Terrace, Ventnor, PO38 2HL
- Sun Acre, The Terrace, Ventnor, PO38 2HL5 bed period house
- Yew Tree Cottage, The Terrace, Ventnor, PO38 2HL5 bed period house
Sales Historyin PO38 2HL
The last sale was on 24th May 2023 for £925,000 and since then the market in the area has decreased by 11.3%. The postcode has had a total of 6 sales since 1995.
PO38 2HL has seen 1 sale in the last three years and no sales in the last twelve months.
Sold May 2023£925,000 | 5 Bed HouseThe TerraceSaeter, The Terrace, Ventnor, PO38 2HL
Sold Aug 2007£805,000 | 5 Bed HouseThe TerraceSaeter, The Terrace, Ventnor, PO38 2HL
Sold Apr 2004£108,000 | 5 Bed HouseThe TerraceIngleston, The Terrace, Ventnor, PO38 2HL
Sold May 2003£100,000 | 5 Bed HouseThe Terrace6 Cliff Terrace, The Terrace, Ventnor, PO38 2HL
Sold Dec 1998£65,000 | 5 Bed HouseThe TerraceSun Acre, The Terrace, Ventnor, PO38 2HL
Sold Oct 1996£30,000 | 5 Bed HouseThe TerraceSun Acre, The Terrace, Ventnor, PO38 2HL
Nearby Postcodesto PO38 2HL
PO38 2HL is the 302nd largest and the 540th most expensive postcode out of the 577 postcodes in the PO38 area.
- 210 mPO38 2HH, Blythe Shute, Chale, Ventnor, PO38PO38 2HH3 Addresses
- 261 mPO38 2HJ, Blythe Shute, Chale, Ventnor, PO38PO38 2HJ17 Addresses
- 310 mPO38 2HA, Church Place, Chale, Ventnor, PO38PO38 2HA9 Addresses
- 316 mPO38 2JF, Military Road, Chale, Ventnor, PO38PO38 2JF1 Addresses
- 453 mPO38 2HN, Blackgang, Ventnor, PO38PO38 2HN2 Addresses
- 482 mPO38 2HB, Church Place, Chale, Ventnor, PO38PO38 2HB7 Addresses
Estate Agents active nearby!
What's this?
Be the first Estate
Agent here!
Property Typesin PO38 2HL
- 5 period houses built between 1800 and 1911
- 4 other addresses of unknown type
- period house (5)
- Unknown (4)
Energy Efficiencyof properties in PO38 2HL
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (0)
- D (3)
- No EPC (4)
Schools Nearbyto PO38 2HL
The nearest primary school to PO38 2HL is Niton Primary School which is 2.6 kilometres away.
- 2.6kmNiton Primary School
- 6.4kmGodshill Primary School
- 7.0kmSt Francis Catholic and Church of England Primary Academy
The nearest secondary school is The Island Free School which is 7.2 kilometres away.
- 7.2kmThe Island Free School
- 11.2kmChrist The King College
- 11.5kmCarisbrooke College
More reading links
Public Transport Nearbyto PO38 2HL
The closest station to PO38 2HL is Shanklin station which is 10.8 kilometres away.
- 10.8kmShanklin
- 12.3kmLake
- 13.1kmSandown
- 15.8kmBrading
Loading...
Loading...
Loading...
Loading...
