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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 2HZHouse Prices / South East, Isle of Wight, Spanners Close
Last updated May 2026
Key Postcode Insights
PO38 2HZ is a residential postcode situated on Spanners Close, Chale Green, Ventnor, PO38 with 26 addresses.
It ranks as the 502nd largest and 37th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 26 properties: 26 flats.
26
Properties
- Flats
Key Postcode Insights
PO38 2HZ is a residential postcode situated on Spanners Close, Chale Green, Ventnor, PO38 with 26 addresses.
It ranks as the 502nd largest and 37th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a mid-century flat built between 1936 and 1979.
The postcode contains a total of 26 properties: 26 flats.
26
Properties
- Flats
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House Pricesin PO38 2HZ
Sale prices range from £138,062 for 2 bedroom Leasehold flats (548 ft2) to £138,062 for 2 bedroom Leasehold flats (548 ft2) .
Monthly rental prices range from £852 pcm for 2 bed flats to £852 pcm for 2 bed flats.
The gross rental yield is between 7.4% and 7.4%.
The average value per square foot is £254.
Average Sale Value
£138,062
Average Rental Value
£852 pcm
Average Rental Yield
7.4% /year
Average Value Per Sqft
£254 /ft2
Sales Market Trendsin PO38 2HZ
The current average value in the postcode is £138,062.
The PO38 2HZ Sales Market has increased by 19.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.7% | £138,062 |
| April 2025 | 1.1% | £146,454 |
| April 2024 | -6.7% | £144,930 |
| April 2023 | 4.2% | £155,271 |
| April 2022 | 5.9% | £148,962 |
| April 2021 | 7.4% | £140,695 |
| April 2020 | 6.9% | £131,053 |
| April 2019 | 5.4% | £122,598 |
| April 2018 | 0% | £116,356 |
| April 2017 | 0.6% | £116,358 |
| April 2016 | 3.5% | £115,632 |
| April 2015 | 1.8% | £111,747 |
| April 2014 | 4.5% | £109,822 |
| April 2013 | -5.3% | £105,112 |
| April 2012 | -2.9% | £110,940 |
| April 2011 | -1.9% | £114,297 |
| April 2010 | 3.9% | £116,472 |
| April 2009 | -10.7% | £112,076 |
| April 2008 | -0.7% | £125,462 |
| April 2007 | 0% | £126,395 |
Rental Market Trendsin PO38 2HZ
The current average rental value in the postcode is £852.
The PO38 2HZ Rental Market has increased by 36.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.4% | £852pcm |
| April 2025 | 2.9% | £825pcm |
| April 2024 | 8.5% | £802pcm |
| April 2023 | 6.3% | £739pcm |
| April 2022 | 7.8% | £695pcm |
| April 2021 | 3.2% | £645pcm |
| April 2020 | 2.6% | £625pcm |
| April 2019 | 1.5% | £609pcm |
| April 2018 | -2.1% | £600pcm |
| April 2017 | -2.3% | £612pcm |
| April 2016 | 4.7% | £626pcm |
| April 2015 | 3.2% | £598pcm |
| April 2014 | 3.9% | £580pcm |
| April 2013 | 1.5% | £558pcm |
| April 2012 | -1.9% | £550pcm |
| April 2011 | 3.9% | £561pcm |
| April 2010 | 2.6% | £540pcm |
| April 2009 | -3.6% | £526pcm |
| April 2008 | 2.2% | £546pcm |
| April 2007 | 0% | £534pcm |
Explore Buildingsin PO38 2HZ, Spanners Close, Chale Green, Ventnor, PO38
Nearby Postcodesto PO38 2HZ
PO38 2HZ is the 502nd largest and the 37th most expensive postcode out of the 577 postcodes in the PO38 area.
- 45 mPO38 2HT, The Glebe, Chale Green, Ventnor, PO38PO38 2HT8 Addresses
- 59 mPO38 2JL, Chale Green, Ventnor, PO38PO38 2JL2 Addresses
- 66 mPO38 2HY, Spanners Close, Chale Green, Ventnor, PO38PO38 2HY30 Addresses
- 86 mPO38 2JJ, Withers Road, Chale Green, Ventnor, PO38PO38 2JJ4 Addresses
- 105 mPO38 2JP, East View Lane, Chale Green, Ventnor, PO38PO38 2JP4 Addresses
- 128 mPO38 2HS, Spanners Close, Chale Green, Ventnor, PO38PO38 2HS3 Addresses
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Property Typesin PO38 2HZ
- 26 mid-century flats built between 1936 and 1979
- mid-century flat (26)
Energy Efficiencyof properties in PO38 2HZ
- Energy Performance Certificate (EPC) surveys conducted for 23 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (9)
- G (0)
- D (14)
- No EPC (3)
Schools Nearbyto PO38 2HZ
The nearest primary school to PO38 2HZ is Niton Primary School which is 4.0 kilometres away.
- 4.0kmNiton Primary School
- 4.9kmGodshill Primary School
- 6.3kmBrighstone Church of England Aided Primary School
The nearest secondary school is The Island Free School which is 7.2 kilometres away.
- 7.2kmThe Island Free School
- 8.8kmChrist The King College
- 9.1kmCarisbrooke College
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Public Transport Nearbyto PO38 2HZ
The closest station to PO38 2HZ is Shanklin station which is 10.0 kilometres away.
- 10.0kmShanklin
- 11.3kmLake
- 11.9kmSandown
- 14.5kmBrading