Bannock Road - PO38 2QY
Key Postcode Insights
PO38 2QY is a residential postcode situated on Bannock Road, Whitwell, Ventnor, PO38 with 6 addresses.
It ranks as the 215th largest and 372nd most expensive of the 576 postcodes in the PO38 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 4 houses and 2 other properties.
- Ave. Sale Price
- £365,431
- 10 Year change
- up 34.3%
- Ave. Rental Price
- £1,470pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £413/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Key Postcode Insights
PO38 2QY is a residential postcode situated on Bannock Road, Whitwell, Ventnor, PO38 with 6 addresses.
It ranks as the 215th largest and 372nd most expensive of the 576 postcodes in the PO38 area. The most common property type is a mid-century house built between 1936 and 1979.
The postcode contains a total of 6 properties: 4 houses and 2 other properties.
- Ave. Sale Price
- £365,431
- 10 Year change
- up 34.3%
- Ave. Rental Price
- £1,470pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £413/ft²
- Ave. Gross Yield
- 4.8%/year/yr
Explore Properties in PO38 2QY
- 1 Bannock Road
House
- 2 Bannock Road
3 Bed Mid-century House
- 3 Bannock Road
House
- 4 Bannock Road
3 Bed Mid-century House
- 6 Bannock Road
3 Bed Mid-century House
Sales Market Trends
The last sale in PO38 2QY sold for £415,000 on 4th September 2023. Since then prices are down an average of 7.5%.
The current average value in the postcode is £365,431.
The PO38 2QY Sales Market has increased by 34.3% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4% | £365,431 |
| June 2025 | 2.3% | £380,634 |
| June 2024 | -8.4% | £371,997 |
| June 2023 | 2% | £406,316 |
| June 2022 | 10.6% | £398,314 |
| June 2021 | 9.4% | £360,272 |
| June 2020 | 9.3% | £329,295 |
| June 2019 | 6.1% | £301,242 |
| June 2018 | 3% | £284,031 |
| June 2017 | 1.4% | £275,738 |
| June 2016 | 8% | £272,034 |
| June 2015 | 3.5% | £251,965 |
| June 2014 | 3.1% | £243,391 |
| June 2013 | -4.5% | £236,133 |
| June 2012 | -0.5% | £247,175 |
| June 2011 | -1.9% | £248,540 |
| June 2010 | 9.9% | £253,322 |
| June 2009 | -7.6% | £230,598 |
| June 2008 | -1.2% | £249,470 |
| June 2007 | 0% | £252,423 |
Rental Market Trends
The current average rental value in the postcode is £1,470.
The PO38 2QY Rental Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.4% | £1,470pcm |
| June 2025 | 3.6% | £1,422pcm |
| June 2024 | 6.6% | £1,372pcm |
| June 2023 | 8.1% | £1,287pcm |
| June 2022 | 11.1% | £1,191pcm |
| June 2021 | 7% | £1,072pcm |
| June 2020 | 1% | £1,002pcm |
| June 2019 | 2.3% | £992pcm |
| June 2018 | 1.8% | £969pcm |
| June 2017 | -1.3% | £952pcm |
| June 2016 | 6.5% | £964pcm |
| June 2015 | 4.8% | £906pcm |
| June 2014 | 5.6% | £865pcm |
| June 2013 | 1.6% | £819pcm |
| June 2012 | -0.6% | £806pcm |
| June 2011 | 6.2% | £810pcm |
| June 2010 | 8.6% | £763pcm |
| June 2009 | -2.7% | £702pcm |
| June 2008 | 3.4% | £722pcm |
| June 2007 | 0% | £698pcm |
Sales History
The last recorded sale was on 4th September 2023 for £415,000 and since then the market in the area has decreased by 7.5%.
PO38 2QY has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Sep 2023£415,000 | 3 Bed House4, Bannock Road, Ventnor, PO38 2QY4, Bannock Road, Ventnor, PO38 2QY
- Sold Oct 2020£325,000 | 3 Bed House2, Bannock Road, Ventnor, PO38 2QY2, Bannock Road, Ventnor, PO38 2QY
- Sold Aug 2015£267,000 | 3 Bed House2, Bannock Road, Ventnor, PO38 2QY2, Bannock Road, Ventnor, PO38 2QY
Nearby Postcodes
PO38 2QY is the 215th largest and the 372nd most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 2RA, Kemming Road, Whitwell, Ventnor, PO38PO38 2RA9 Addresses|78 m away
- PO38 2PY, High Street, Whitwell, Ventnor, PO38PO38 2PY31 Addresses|86 m away
- PO38 2QZ, Strathwell Crescent, Whitwell, Ventnor, PO38PO38 2QZ18 Addresses|97 m away
- PO38 2QX, Kemming Road, Whitwell, Ventnor, PO38PO38 2QX20 Addresses|158 m away
- PO38 2PZ, High Street, Whitwell, Ventnor, PO38PO38 2PZ10 Addresses|177 m away
Property Types
- 4 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (4)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 4 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (1)
- C (0)
- G (0)
- D (2)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Sep 2023£415,000 | 3 Bed House4, Bannock Road, Ventnor, PO38 2QY4, Bannock Road, Ventnor, PO38 2QY
- Sold Mar 2022£412,500 | 3 Bed House14, Bannock Road, Ventnor, PO38 2RD14, Bannock Road, Ventnor, PO38 2RD
- Sold Sep 2023£387,500 | 3 Bed House21, Bannock Road, Ventnor, PO38 2RD21, Bannock Road, Ventnor, PO38 2RD
Schools Nearby
- Niton Primary School1.9 km away
- St Francis Catholic and Church of England Primary Academy3.2 km away
- Wroxall Primary School3.7 km away
- The Island Free School3.3 km away
- Christ The King College11.1 km away
- Carisbrooke College11.5 km away
More reading links
Public Transport Nearby
The closest station to PO38 2QY is Shanklin station, which is 7.2 kilometres away.
- Shanklin|7.2 km away
- Lake|8.8 km away
- Sandown|9.8 km away
- Brading|12.6 km away