Bannock Road - PO38 2RB
Key Postcode Insights
PO38 2RB is a residential postcode situated on Bannock Road, Whitwell, Ventnor, PO38 with 13 addresses.
It ranks as the 383rd largest and 233rd 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 13 properties: 9 houses and 4 other properties.
- Ave. Sale Price
- £288,336
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,518pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Key Postcode Insights
PO38 2RB is a residential postcode situated on Bannock Road, Whitwell, Ventnor, PO38 with 13 addresses.
It ranks as the 383rd largest and 233rd 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 13 properties: 9 houses and 4 other properties.
- Ave. Sale Price
- £288,336
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,518pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £302/ft²
- Ave. Gross Yield
- 6.3%/year/yr
Explore Properties in PO38 2RB
- 45 Bannock Road
3 Bed Mid-century House
- 47A Bannock Road
3 Bed Modern House
- 47B Bannock Road
3 Bed Modern House
- 47 Bannock Road
House
- 49 Bannock Road
3 Bed Early-century House
Sales Market Trends
The last sale in PO38 2RB sold for £285,000 on 25th July 2025. Since then prices are down an average of 3.2%.
The current average value in the postcode is £288,336.
The PO38 2RB Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.4% | £288,336 |
| June 2025 | 2.1% | £301,656 |
| June 2024 | -8.3% | £295,356 |
| June 2023 | 2% | £322,145 |
| June 2022 | 10.5% | £315,682 |
| June 2021 | 9.6% | £285,707 |
| June 2020 | 9.5% | £260,636 |
| June 2019 | 6.2% | £238,036 |
| June 2018 | 2.7% | £224,043 |
| June 2017 | 1.6% | £218,076 |
| June 2016 | 7.7% | £214,566 |
| June 2015 | 3.3% | £199,183 |
| June 2014 | 2.9% | £192,734 |
| June 2013 | -4.6% | £187,336 |
| June 2012 | -0.5% | £196,433 |
| June 2011 | -1.5% | £197,472 |
| June 2010 | 10.2% | £200,457 |
| June 2009 | -7.1% | £181,893 |
| June 2008 | -0.9% | £195,775 |
| June 2007 | 0% | £197,572 |
Rental Market Trends
The current average rental value in the postcode is £1,518.
The PO38 2RB Rental Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,518pcm |
| June 2025 | 3.4% | £1,474pcm |
| June 2024 | 6.8% | £1,425pcm |
| June 2023 | 8.1% | £1,335pcm |
| June 2022 | 11% | £1,235pcm |
| June 2021 | 7.2% | £1,112pcm |
| June 2020 | 1.2% | £1,038pcm |
| June 2019 | 2.5% | £1,025pcm |
| June 2018 | 1.6% | £1,000pcm |
| June 2017 | -1.1% | £984pcm |
| June 2016 | 6.2% | £995pcm |
| June 2015 | 4.6% | £937pcm |
| June 2014 | 5.4% | £896pcm |
| June 2013 | 1.5% | £850pcm |
| June 2012 | -0.6% | £838pcm |
| June 2011 | 6.6% | £842pcm |
| June 2010 | 9% | £790pcm |
| June 2009 | -2.2% | £725pcm |
| June 2008 | 3.7% | £741pcm |
| June 2007 | 0% | £715pcm |
Sales History
The last recorded sale was on 25th July 2025 for £285,000 and since then the market in the area has decreased by 3.2%.
PO38 2RB has had 3 sales since 1995, with 1 in the last three years and none in the last twelve months.
- Sold Jul 2025£285,000 | 3 Bed House78, Bannock Road, Ventnor, PO38 2RB78, Bannock Road, Ventnor, PO38 2RB
- Sold Mar 2017£200,000 | 3 Bed House47B, Bannock Road, Ventnor, PO38 2RB47B, Bannock Road, Ventnor, PO38 2RB
- Sold Sep 2015£165,000 | 3 Bed House82, Bannock Road, Ventnor, PO38 2RB82, Bannock Road, Ventnor, PO38 2RB
Nearby Postcodes
PO38 2RB is the 383rd largest and the 233rd most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 2RR, Bannock Road, Whitwell, Ventnor, PO38PO38 2RR6 Addresses|43 m away
- PO38 2RE, Whinscot Close, Whitwell, Ventnor, PO38PO38 2RE14 Addresses|65 m away
- PO38 2RF, Alban Way, Whitwell, Ventnor, PO38PO38 2RF3 Addresses|89 m away
- PO38 2QG, High Street, Whitwell, Ventnor, PO38PO38 2QG17 Addresses|107 m away
- PO38 2QE, High Street, Whitwell, Ventnor, PO38PO38 2QE10 Addresses|109 m away
Property Types
- 1 period house built between 1800 and 1911
- 2 modern houses built after 1980
- 5 mid-century houses built between 1936 and 1979
- 1 early-century house built between 1912 and 1935
- 4 other addresses of unknown type
- period house (1)
- modern house (2)
- mid-century house (5)
- early-century house (1)
- Unknown (4)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 9 properties.
- The most common rating is C.
- A (0)
- E (3)
- B (0)
- F (1)
- C (4)
- G (0)
- D (1)
- No EPC (4)
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 School2.0 km away
- St Francis Catholic and Church of England Primary Academy3.3 km away
- Wroxall Primary School3.7 km away
- The Island Free School3.5 km away
- Christ The King College10.8 km away
- Carisbrooke College11.2 km away
More reading links
Public Transport Nearby
The closest station to PO38 2RB is Shanklin station, which is 7.2 kilometres away.
- Shanklin|7.2 km away
- Lake|8.8 km away
- Sandown|9.7 km away
- Brading|12.5 km away
