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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO38 2HUHouse Prices / South East, Isle of Wight, Lea Bank
Last updated May 2026
Key Postcode Insights
PO38 2HU is a residential postcode situated on Lea Bank, Chale Green, Ventnor, PO38 with 6 addresses.
It ranks as the 211th largest and 184th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
6
Properties
- Houses
Key Postcode Insights
PO38 2HU is a residential postcode situated on Lea Bank, Chale Green, Ventnor, PO38 with 6 addresses.
It ranks as the 211th largest and 184th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 6 houses.
6
Properties
- Houses
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House Pricesin PO38 2HU
Sale prices range from £238,233 for 2 bedroom freehold houses with a garden (559 ft2) to £251,096 for 2 bedroom freehold houses with a garden (592 ft2) .
Monthly rental prices range from £1,131 pcm for 2 bed houses to £1,192 pcm for 2 bed houses.
The gross rental yield is between 5.7% and 5.7%.
The average value per square foot is £424.
Average Sale Value
£245,030
Average Rental Value
£1,164 pcm
Average Rental Yield
5.7% /year
Average Value Per Sqft
£424 /ft2
Sales Market Trendsin PO38 2HU
The current average value in the postcode is £245,030.
The PO38 2HU Sales Market has increased by 36.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -3.8% | £245,030 |
| April 2025 | 2.6% | £254,602 |
| April 2024 | -8.9% | £248,050 |
| April 2023 | 5.5% | £272,269 |
| April 2022 | 10.5% | £258,072 |
| April 2021 | 9.6% | £233,595 |
| April 2020 | 5.3% | £213,143 |
| April 2019 | 6.5% | £202,449 |
| April 2018 | 3% | £190,036 |
| April 2017 | 2.8% | £184,467 |
| April 2016 | 5.4% | £179,495 |
| April 2015 | 3.3% | £170,281 |
| April 2014 | 5.4% | £164,802 |
| April 2013 | -4.2% | £156,411 |
| April 2012 | -1.3% | £163,309 |
| April 2011 | -0.8% | £165,510 |
| April 2010 | 6% | £166,857 |
| April 2009 | -10.8% | £157,457 |
| April 2008 | 0.6% | £176,566 |
| April 2007 | 0% | £175,429 |
Rental Market Trendsin PO38 2HU
The current average rental value in the postcode is £1,164.
The PO38 2HU Rental Market has increased by 55.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 5.5% | £1,164pcm |
| April 2025 | 4.5% | £1,103pcm |
| April 2024 | 5.9% | £1,055pcm |
| April 2023 | 7.6% | £997pcm |
| April 2022 | 12.5% | £926pcm |
| April 2021 | 5.4% | £823pcm |
| April 2020 | 1% | £781pcm |
| April 2019 | 2.7% | £773pcm |
| April 2018 | 0.9% | £753pcm |
| April 2017 | -0.2% | £747pcm |
| April 2016 | 6.6% | £748pcm |
| April 2015 | 4.8% | £701pcm |
| April 2014 | 4.8% | £670pcm |
| April 2013 | 2.6% | £639pcm |
| April 2012 | -0.3% | £623pcm |
| April 2011 | 5% | £625pcm |
| April 2010 | 4.6% | £595pcm |
| April 2009 | -3.8% | £569pcm |
| April 2008 | 3.6% | £591pcm |
| April 2007 | 0% | £571pcm |
Explore Propertiesin PO38 2HU, Lea Bank, Chale Green, Ventnor, PO38
Nearby Postcodesto PO38 2HU
PO38 2HU is the 211th largest and the 184th most expensive postcode out of the 577 postcodes in the PO38 area.
- 83 mPO38 2JG, Newman Lane, Chale Green, Ventnor, PO38PO38 2JG6 Addresses
- 118 mPO38 2HX, Malthouse Lane, Chale Green, Ventnor, PO38PO38 2HX1 Addresses
- 173 mPO38 2JQ, Chale Street, Chale Green, Ventnor, PO38PO38 2JQ16 Addresses
- 324 mPO38 2HG, Chale Street, Chale, Ventnor, PO38PO38 2HG13 Addresses
- 428 mPO38 2JJ, Withers Road, Chale Green, Ventnor, PO38PO38 2JJ4 Addresses
- 457 mPO38 2JL, Chale Green, Ventnor, PO38PO38 2JL2 Addresses
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Property Typesin PO38 2HU
- 4 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (4)
- Unknown (2)
Energy Efficiencyof properties in PO38 2HU
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (3)
- G (0)
- D (0)
- No EPC (2)
Schools Nearbyto PO38 2HU
The nearest primary school to PO38 2HU is Niton Primary School which is 3.7 kilometres away.
- 3.7kmNiton Primary School
- 5.2kmGodshill Primary School
- 6.4kmBrighstone Church of England Aided Primary School
The nearest secondary school is The Island Free School which is 7.3 kilometres away.
- 7.3kmThe Island Free School
- 9.3kmChrist The King College
- 9.6kmCarisbrooke College
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Public Transport Nearbyto PO38 2HU
The closest station to PO38 2HU is Shanklin station which is 10.3 kilometres away.
- 10.3kmShanklin
- 11.6kmLake
- 12.3kmSandown
- 14.9kmBrading
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