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PO38 2NJ
Home, House Prices, Barrack Shute, Isle of Wight, South East
PO38 2NJ

Barrack Shute - PO38 2NJ

Last updated Aug 2026

Key Postcode Insights

PO38 2NJ is a residential postcode situated on Barrack Shute, Niton Undercliff, Ventnor, PO38 with 4 addresses.

It ranks as the 144th largest of the 576 postcodes in the PO38 area.

The postcode contains a total of 4 properties: 2 houses and 2 other properties.

Ave. Sale Price
£403,082
10 Year change
up 34.6%
Ave. Rental Price
£1,646pcm
10 Year change
up 53.0%
Ave. £ per ft²
£323/ft²
Ave. Gross Yield
4.9%/year/yr
All figures are subject to T&Cs
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Sales Market Trends

The last sale in PO38 2NJ sold for £480,000 on 21st March 2025. Since then prices are down an average of 3.6%.

The current average value in the postcode is £403,082.
The PO38 2NJ Sales Market has increased by 34.6% over the last 10 years.

PeriodYear on YearAverage Price
June 2026-4.3%£403,082
June 20251.7%£421,280
June 2024-7.2%£414,082
June 20231.6%£446,338
June 202211.5%£439,444
June 20219.7%£394,133
June 20208.4%£359,415
June 20195.8%£331,416
June 20182.4%£313,349
June 20172.2%£306,109
June 20167%£299,541
June 20152.9%£279,886
June 20142.9%£271,993
June 2013-4%£264,245
June 2012-0.2%£275,297
June 2011-1.4%£275,777
June 20109.5%£279,678
June 2009-7.5%£255,327
June 2008-1%£276,050
June 20070%£278,777
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Rental Market Trends

The current average rental value in the postcode is £1,646.
The PO38 2NJ Rental Market has increased by 53.0% over the last 10 years.

PeriodYear on YearAverage Price
June 20263%£1,646pcm
June 20253.4%£1,599pcm
June 20246.5%£1,546pcm
June 20238%£1,452pcm
June 202211.2%£1,345pcm
June 20217.5%£1,210pcm
June 20201.2%£1,125pcm
June 20192.6%£1,112pcm
June 20181.5%£1,083pcm
June 2017-0.9%£1,067pcm
June 20166%£1,076pcm
June 20154.4%£1,016pcm
June 20144.7%£973pcm
June 20131.5%£928pcm
June 2012-0.1%£915pcm
June 20116%£916pcm
June 20108.7%£864pcm
June 2009-2.7%£796pcm
June 20083.7%£818pcm
June 20070%£789pcm
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Sales History

The last recorded sale was on 21st March 2025 for £480,000 and since then the market in the area has decreased by 3.6%.

PO38 2NJ has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.

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Nearby Postcodes

PO38 2NJ is the 144th largest and the 397th most expensive postcode out of the 576 postcodes in the PO38 area.

Energy Efficiency

Energy Efficiency

  • Energy Performance Certificate (EPC) surveys have been conducted for 2 properties.
  • The most common rating is E.
  • A (0)
  • E (2)
  • B (0)
  • F (0)
  • C (0)
  • G (0)
  • D (0)
  • No EPC (2)
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Top 3 Most Expensive Sales

Schools Nearby

Schools Nearby

The nearest primary school to PO38 2NJ is Niton Primary School, which is 500 metres away.
  • Niton Primary School
    500 m away
  • St Francis Catholic and Church of England Primary Academy
    5.1 km away
  • Wroxall Primary School
    6.0 km away
The nearest secondary school is The Island Free School, which is 5.2 kilometres away.
  • The Island Free School
    5.2 km away
  • Christ The King College
    12.5 km away
  • Carisbrooke College
    12.8 km away
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Schools and house prices
Source: Ofsted 2026
Public Transport Nearby

Public Transport Nearby

The closest station to PO38 2NJ is Shanklin station, which is 9.5 kilometres away.

  • Shanklin
    |
    9.5 km away
  • Lake
    |
    11.1 km away
  • Sandown
    |
    12.1 km away
  • Brading
    |
    14.9 km away
Source: National Rail
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