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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 2LPHouse Prices / South East, Isle of Wight, Atherfield Road
Last updated May 2026
Key Postcode Insights
PO38 2LP is a residential postcode situated on Atherfield Road, Chale, Ventnor, PO38 with 4 addresses.
It ranks as the 143rd largest and 486th 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 4 properties: 3 houses and 1 flat.
4
Properties
- Houses
- Flats
Key Postcode Insights
PO38 2LP is a residential postcode situated on Atherfield Road, Chale, Ventnor, PO38 with 4 addresses.
It ranks as the 143rd largest and 486th 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 4 properties: 3 houses and 1 flat.
4
Properties
- Houses
- Flats
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House Pricesin PO38 2LP
Sale prices range from £190,759 for 3 bedroom Leasehold flats (975 ft2) to £747,758 for 5 bedroom freehold houses with a garden (3,401 ft2) .
Monthly rental prices range from £1,026 pcm for 3 bed flats to £2,503 pcm for 5 bed houses.
The gross rental yield is between 3.9% and 6.5%.
The average value per square foot is £242.
Average Sale Value
£467,814
Average Rental Value
£1,673 pcm
Average Rental Yield
4.3% /year
Average Value Per Sqft
£242 /ft2
Sales Market Trendsin PO38 2LP
The last sale in PO38 2LP sold for £590,000 on 9th November 2022. Since then prices are down an average of 10.8%.
The current average value in the postcode is £467,814.
The PO38 2LP Sales Market has increased by 30.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5.6% | £467,814 |
| April 2025 | 1.6% | £495,508 |
| April 2024 | -7.8% | £487,695 |
| April 2023 | 5.5% | £529,130 |
| April 2022 | 8.3% | £501,686 |
| April 2021 | 9.9% | £463,024 |
| April 2020 | 5.6% | £421,202 |
| April 2019 | 6.3% | £398,738 |
| April 2018 | 1.7% | £375,152 |
| April 2017 | 2.8% | £368,882 |
| April 2016 | 5.3% | £358,866 |
| April 2015 | 2% | £340,783 |
| April 2014 | 5.1% | £333,973 |
| April 2013 | -2.8% | £317,664 |
| April 2012 | -1% | £326,809 |
| April 2011 | -0.6% | £330,175 |
| April 2010 | 5.1% | £332,140 |
| April 2009 | -8.8% | £315,957 |
| April 2008 | 1.5% | £346,410 |
| April 2007 | 0% | £341,369 |
Rental Market Trendsin PO38 2LP
The current average rental value in the postcode is £1,673.
The PO38 2LP Rental Market has increased by 48.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.5% | £1,673pcm |
| April 2025 | 3.4% | £1,616pcm |
| April 2024 | 7.1% | £1,563pcm |
| April 2023 | 7.6% | £1,459pcm |
| April 2022 | 10.4% | £1,356pcm |
| April 2021 | 5.7% | £1,229pcm |
| April 2020 | 1.4% | £1,163pcm |
| April 2019 | 2.4% | £1,147pcm |
| April 2018 | -0.4% | £1,120pcm |
| April 2017 | -0.1% | £1,124pcm |
| April 2016 | 6.5% | £1,126pcm |
| April 2015 | 3.5% | £1,057pcm |
| April 2014 | 4.5% | £1,022pcm |
| April 2013 | 4.1% | £977pcm |
| April 2012 | 0% | £938pcm |
| April 2011 | 5.2% | £939pcm |
| April 2010 | 3.8% | £892pcm |
| April 2009 | -1.6% | £859pcm |
| April 2008 | 4.5% | £873pcm |
| April 2007 | 0% | £836pcm |
Properties and Buildingsin PO38 2LP, Atherfield Road, Chale, Ventnor, PO38
Sales Historyin PO38 2LP
The last sale was on 9th November 2022 for £590,000 and since then the market in the area has decreased by 10.8%. The postcode has had a total of 3 sales since 1995.
PO38 2LP has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto PO38 2LP
PO38 2LP is the 143rd largest and the 486th most expensive postcode out of the 577 postcodes in the PO38 area.
- 233 mPO38 2LE, Pyle Shute, Chale, Ventnor, PO38PO38 2LE6 Addresses
- 394 mPO38 2LD, Westside Lane, Chale, Ventnor, PO38PO38 2LD3 Addresses
- 610 mPO38 2LJ, Southdown Lane, Chale, Ventnor, PO38PO38 2LJ14 Addresses
- 683 mPO38 2HU, Lea Bank, Chale Green, Ventnor, PO38PO38 2HU6 Addresses
- 688 mPO38 2JG, Newman Lane, Chale Green, Ventnor, PO38PO38 2JG6 Addresses
- 737 mPO38 2HX, Malthouse Lane, Chale Green, Ventnor, PO38PO38 2HX1 Addresses
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Property Typesin PO38 2LP
- 1 period house built between 1800 and 1911
- 3 other addresses of unknown type
- period house (1)
- Unknown (3)
Energy Efficiencyof properties in PO38 2LP
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is E.
- A (0)
- E (2)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Saleson Atherfield Road
Schools Nearbyto PO38 2LP
The nearest primary school to PO38 2LP is Niton Primary School which is 4.0 kilometres away.
- 4.0kmNiton Primary School
- 5.9kmGodshill Primary School
- 6.0kmBrighstone Church of England Aided Primary School
The nearest secondary school is The Island Free School which is 7.9 kilometres away.
- 7.9kmThe Island Free School
- 9.6kmChrist The King College
- 9.9kmCarisbrooke College
More reading links
Public Transport Nearbyto PO38 2LP
The closest station to PO38 2LP is Shanklin station which is 10.9 kilometres away.
- 10.9kmShanklin
- 12.3kmLake
- 13.0kmSandown
- 15.6kmBrading
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