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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 2LEHouse Prices / South East, Isle of Wight, Pyle Shute
Last updated May 2026
Key Postcode Insights
PO38 2LE is a residential postcode situated on Pyle Shute, Chale, Ventnor, PO38 with 6 addresses.
It ranks as the 213th largest and 401st 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 2LE is a residential postcode situated on Pyle Shute, Chale, Ventnor, PO38 with 6 addresses.
It ranks as the 213th largest and 401st 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 2LE
Sale prices range from £292,663 for 3 bedroom freehold houses with a garden (1,151 ft2) to £562,512 for 4 bedroom freehold houses with a garden (1,991 ft2) .
Monthly rental prices range from £1,363 pcm for 3 bed houses to £1,771 pcm for 4 bed houses.
The gross rental yield is between 3.8% and 5.6%.
The average value per square foot is £301.
Average Sale Value
£403,725
Average Rental Value
£1,492 pcm
Average Rental Yield
4.4% /year
Average Value Per Sqft
£301 /ft2
Sales Market Trendsin PO38 2LE
The last sale in PO38 2LE sold for £425,000 on 17th December 2020. Since then prices are up an average of 5.0%.
The current average value in the postcode is £403,725.
The PO38 2LE Sales Market has increased by 36.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.2% | £403,725 |
| April 2025 | 2.1% | £425,686 |
| April 2024 | -8.4% | £416,799 |
| April 2023 | 6% | £455,239 |
| April 2022 | 9.7% | £429,415 |
| April 2021 | 10.6% | £391,605 |
| April 2020 | 5.8% | £354,059 |
| April 2019 | 6.3% | £334,501 |
| April 2018 | 2.8% | £314,579 |
| April 2017 | 3.7% | £306,058 |
| April 2016 | 5.6% | £295,276 |
| April 2015 | 2.6% | £279,715 |
| April 2014 | 5.4% | £272,746 |
| April 2013 | -3.1% | £258,864 |
| April 2012 | -0.7% | £267,054 |
| April 2011 | -0.1% | £268,863 |
| April 2010 | 5.9% | £269,178 |
| April 2009 | -9.8% | £254,113 |
| April 2008 | 1.9% | £281,602 |
| April 2007 | 0% | £276,378 |
Rental Market Trendsin PO38 2LE
The current average rental value in the postcode is £1,492.
The PO38 2LE Rental Market has increased by 55.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £1,492pcm |
| April 2025 | 4% | £1,435pcm |
| April 2024 | 6.4% | £1,380pcm |
| April 2023 | 8.1% | £1,297pcm |
| April 2022 | 11.7% | £1,200pcm |
| April 2021 | 6.3% | £1,074pcm |
| April 2020 | 1.6% | £1,010pcm |
| April 2019 | 2.5% | £994pcm |
| April 2018 | 0.6% | £970pcm |
| April 2017 | 0.7% | £964pcm |
| April 2016 | 6.8% | £958pcm |
| April 2015 | 4% | £897pcm |
| April 2014 | 4.8% | £862pcm |
| April 2013 | 3.8% | £823pcm |
| April 2012 | 0.3% | £793pcm |
| April 2011 | 5.7% | £790pcm |
| April 2010 | 4.6% | £747pcm |
| April 2009 | -2.6% | £714pcm |
| April 2008 | 4.9% | £734pcm |
| April 2007 | 0% | £700pcm |
Explore Propertiesin PO38 2LE, Pyle Shute, Chale, Ventnor, PO38
- Badgers Holt, Pyle Shute, Ventnor, PO38 2LE3 bed mid-century house
- Goodalls, Pyle Shute, Ventnor, PO38 2LE4 bed period house
- Pheasant Hill, Pyle Shute, Ventnor, PO38 2LE4 bed mid-century house
- Selborne, Pyle Shute, Ventnor, PO38 2LE4 bed modern house
- The Finches, Pyle Shute, Ventnor, PO38 2LE3 bed mid-century house
- Whiselgrey, Pyle Shute, Ventnor, PO38 2LE
Sales Historyin PO38 2LE
The last sale was on 17th December 2020 for £425,000 and since then the market in the area has increased by 5.0%. The postcode has had a total of 9 sales since 1995.
PO38 2LE has seen no sales in the last three years and no sales in the last twelve months.
Sold Dec 2020£425,000 | 3 Bed HousePyle ShuteBadgers Holt, Pyle Shute, Ventnor, PO38 2LE
Sold Dec 2020£420,000 | 4 Bed HousePyle ShuteGoodalls, Pyle Shute, Ventnor, PO38 2LE
Sold Jul 2019£309,000 | 4 Bed HousePyle ShuteSelborne, Pyle Shute, Ventnor, PO38 2LE
Sold May 2012£230,000 | 3 Bed HousePyle ShuteBadgers Holt, Pyle Shute, Ventnor, PO38 2LE
Sold Nov 2007£450,000 | 4 Bed HousePyle ShuteGoodalls, Pyle Shute, Ventnor, PO38 2LE
Sold Nov 2006£277,000 | 3 Bed HousePyle ShuteThe Finches, Pyle Shute, Ventnor, PO38 2LE
Sold Feb 2006£390,000 | 4 Bed HousePyle ShuteGoodalls, Pyle Shute, Ventnor, PO38 2LE
Sold Jul 2004£495,000 | 4 Bed HousePyle ShutePheasant Hill, Pyle Shute, Ventnor, PO38 2LE
Sold Apr 2002£162,000 | 3 Bed HousePyle ShuteThe Finches, Pyle Shute, Ventnor, PO38 2LE
Nearby Postcodesto PO38 2LE
PO38 2LE is the 213th largest and the 401st most expensive postcode out of the 577 postcodes in the PO38 area.
- 233 mPO38 2LP, Atherfield Road, Chale, Ventnor, PO38PO38 2LP4 Addresses
- 244 mPO38 2LD, Westside Lane, Chale, Ventnor, PO38PO38 2LD3 Addresses
- 475 mPO38 2JG, Newman Lane, Chale Green, Ventnor, PO38PO38 2JG6 Addresses
- 486 mPO38 2HU, Lea Bank, Chale Green, Ventnor, PO38PO38 2HU6 Addresses
- 520 mPO38 2HX, Malthouse Lane, Chale Green, Ventnor, PO38PO38 2HX1 Addresses
- 539 mPO38 2HG, Chale Street, Chale, Ventnor, PO38PO38 2HG13 Addresses
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Property Typesin PO38 2LE
- 1 period house built between 1800 and 1911
- 1 modern house built after 1980
- 3 mid-century houses built between 1936 and 1979
- 1 other address of unknown type
- period house (1)
- modern house (1)
- mid-century house (3)
- Unknown (1)
Energy Efficiencyof properties in PO38 2LE
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The dominant rating is E.
- A (0)
- E (2)
- B (1)
- F (2)
- C (0)
- G (0)
- D (0)
- No EPC (1)
Top 3 Most Expensive Saleson Pyle Shute
Schools Nearbyto PO38 2LE
The nearest primary school to PO38 2LE is Niton Primary School which is 3.9 kilometres away.
- 3.9kmNiton Primary School
- 5.7kmGodshill Primary School
- 6.2kmBrighstone Church of England Aided Primary School
The nearest secondary school is The Island Free School which is 7.7 kilometres away.
- 7.7kmThe Island Free School
- 9.6kmChrist The King College
- 9.8kmCarisbrooke College
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Public Transport Nearbyto PO38 2LE
The closest station to PO38 2LE is Shanklin station which is 10.7 kilometres away.
- 10.7kmShanklin
- 12.0kmLake
- 12.7kmSandown
- 15.3kmBrading
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