PO38 2PJ is a residential postcode situated on Whitwell, Ventnor, PO38 with 2 addresses.
It ranks as the 58th largest and 541st most expensive of the 576 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
PO38 2PJ is a residential postcode situated on Whitwell, Ventnor, PO38 with 2 addresses.
It ranks as the 58th largest and 541st most expensive of the 576 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 2 properties: 2 houses.
Sale prices range from £639,363 for 5 bedroom freehold houses with a garden (2,841 ft2) to £639,363 for 5 bedroom freehold houses with a garden (2,841 ft2) .
Monthly rental prices range from £2,333 pcm for 5 bed houses to £2,333 pcm for 5 bed houses.
The gross rental yield is between 4.4% and 4.4%.
The average value per square foot is £229.
The last sale in PO38 2PJ sold for £950,000 on 19th January 2022. Since then prices are down an average of 0.0%.
The current average value in the postcode is £639,363.
The PO38 2PJ Sales Market has increased by 35.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -5% | £639,363 |
| May 2025 | 2.4% | £673,098 |
| May 2024 | -8.6% | £657,624 |
| May 2023 | 3.9% | £719,167 |
| May 2022 | 9.8% | £692,160 |
| May 2021 | 10.3% | £630,425 |
| May 2020 | 8.7% | £571,736 |
| May 2019 | 6.6% | £525,843 |
| May 2018 | 3% | £493,283 |
| May 2017 | 1.8% | £478,826 |
| May 2016 | 6.3% | £470,385 |
| May 2015 | 2.8% | £442,510 |
| May 2014 | 3.8% | £430,406 |
| May 2013 | -5.4% | £414,811 |
| May 2012 | 0.1% | £438,307 |
| May 2011 | -0.7% | £437,784 |
| May 2010 | 10% | £440,718 |
| May 2009 | -7.2% | £400,473 |
| May 2008 | 0.8% | £431,639 |
| May 2007 | 0% | £428,110 |
The current average rental value in the postcode is £2,333.
The PO38 2PJ Rental Market has increased by 55.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 3.7% | £2,333pcm |
| May 2025 | 3.8% | £2,250pcm |
| May 2024 | 7.4% | £2,168pcm |
| May 2023 | 7.7% | £2,019pcm |
| May 2022 | 11.4% | £1,874pcm |
| May 2021 | 6.5% | £1,682pcm |
| May 2020 | 1.6% | £1,580pcm |
| May 2019 | 2.7% | £1,555pcm |
| May 2018 | 0.7% | £1,514pcm |
| May 2017 | 0.1% | £1,503pcm |
| May 2016 | 6.2% | £1,501pcm |
| May 2015 | 3.9% | £1,414pcm |
| May 2014 | 5% | £1,361pcm |
| May 2013 | 1.3% | £1,296pcm |
| May 2012 | 0% | £1,279pcm |
| May 2011 | 7.4% | £1,279pcm |
| May 2010 | 8% | £1,191pcm |
| May 2009 | -0.7% | £1,103pcm |
| May 2008 | 4.2% | £1,110pcm |
| May 2007 | 0% | £1,065pcm |
The last sale was on 19th January 2022 for £950,000 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
PO38 2PJ has seen no sales in the last three years and no sales in the last twelve months.
PO38 2PJ is the 58th largest and the 541st most expensive postcode out of the 576 postcodes in the PO38 area.
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The closest station to PO38 2PJ is Shanklin station which is 9.2 kilometres away.
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According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around PO38 2PJ, 53.7% of property is privately owned outright and 29.3% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around PO38 2PJ, 14.9% of residents are recorded as possessing school level qualifications and 37.1% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around PO38 2PJ, the average age was 50.1 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around PO38 2PJ, 0.7% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around PO38 2PJ, there are an average of 1.9 cars per household.
See below for how this compares to South East and the rest of England & Wales.