Bannock Road - PO38 2RD
Key Postcode Insights
PO38 2RD is a residential postcode situated on Bannock Road, Whitwell, Ventnor, PO38 with 50 addresses.
It ranks as the 567th largest and 306th 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 50 properties: 40 houses and 10 other properties.
- Ave. Sale Price
- £324,414
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,570pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £351/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Key Postcode Insights
PO38 2RD is a residential postcode situated on Bannock Road, Whitwell, Ventnor, PO38 with 50 addresses.
It ranks as the 567th largest and 306th 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 50 properties: 40 houses and 10 other properties.
- Ave. Sale Price
- £324,414
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,570pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £351/ft²
- Ave. Gross Yield
- 5.8%/year/yr
Explore Properties in PO38 2RD
- 5 Bannock Road
3 Bed Modern House
- 7 Bannock Road
3 Bed Mid-century House
- 9 Bannock Road
3 Bed Mid-century House
- 10 Bannock Road
3 Bed Mid-century House
- 11 Bannock Road
3 Bed Mid-century House
Sales Market Trends
The last sale in PO38 2RD sold for £337,500 on 14th October 2025. Since then prices are down an average of 2.3%.
The current average value in the postcode is £324,414.
The PO38 2RD Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.4% | £324,414 |
| June 2025 | 2.1% | £339,399 |
| June 2024 | -8.3% | £332,311 |
| June 2023 | 2% | £362,452 |
| June 2022 | 10.5% | £355,181 |
| June 2021 | 9.6% | £321,455 |
| June 2020 | 9.5% | £293,247 |
| June 2019 | 6.2% | £267,819 |
| June 2018 | 2.7% | £252,075 |
| June 2017 | 1.6% | £245,362 |
| June 2016 | 7.7% | £241,413 |
| June 2015 | 3.3% | £224,105 |
| June 2014 | 2.9% | £216,849 |
| June 2013 | -4.6% | £210,776 |
| June 2012 | -0.5% | £221,011 |
| June 2011 | -1.5% | £222,180 |
| June 2010 | 10.2% | £225,539 |
| June 2009 | -7.1% | £204,652 |
| June 2008 | -0.9% | £220,271 |
| June 2007 | 0% | £222,292 |
Rental Market Trends
The current average rental value in the postcode is £1,570.
The PO38 2RD Rental Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,570pcm |
| June 2025 | 3.4% | £1,525pcm |
| June 2024 | 6.8% | £1,475pcm |
| June 2023 | 8.1% | £1,381pcm |
| June 2022 | 11% | £1,278pcm |
| June 2021 | 7.2% | £1,151pcm |
| June 2020 | 1.2% | £1,074pcm |
| June 2019 | 2.5% | £1,061pcm |
| June 2018 | 1.6% | £1,035pcm |
| June 2017 | -1.1% | £1,019pcm |
| June 2016 | 6.2% | £1,030pcm |
| June 2015 | 4.6% | £969pcm |
| June 2014 | 5.4% | £927pcm |
| June 2013 | 1.5% | £879pcm |
| June 2012 | -0.6% | £867pcm |
| June 2011 | 6.6% | £871pcm |
| June 2010 | 9% | £817pcm |
| June 2009 | -2.2% | £750pcm |
| June 2008 | 3.7% | £767pcm |
| June 2007 | 0% | £739pcm |
Sales History
The last recorded sale was on 14th October 2025 for £337,500 and since then the market in the area has decreased by 2.3%.
PO38 2RD has had 3 sales since 1995, with 3 in the last three years and 2 in the last twelve months.
- Sold Oct 2025£337,500 | 3 Bed House38, Bannock Road, Ventnor, PO38 2RD38, Bannock Road, Ventnor, PO38 2RD
- Sold Sep 2025£272,500 | 3 Bed House5, Bannock Road, Ventnor, PO38 2RD5, Bannock Road, Ventnor, PO38 2RD
- Sold Jun 2025£370,000 | 3 Bed House7, Bannock Road, Ventnor, PO38 2RD7, Bannock Road, Ventnor, PO38 2RD
Nearby Postcodes
PO38 2RD is the 567th largest and the 306th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 2PZ, High Street, Whitwell, Ventnor, PO38PO38 2PZ10 Addresses|132 m away
- PO38 2QE, High Street, Whitwell, Ventnor, PO38PO38 2QE10 Addresses|133 m away
- PO38 2RB, Bannock Road, Whitwell, Ventnor, PO38PO38 2RB13 Addresses|136 m away
- PO38 2QZ, Strathwell Crescent, Whitwell, Ventnor, PO38PO38 2QZ18 Addresses|146 m away
- PO38 2RR, Bannock Road, Whitwell, Ventnor, PO38PO38 2RR6 Addresses|165 m away
Property Types
- 1 modern house built after 1980
- 34 mid-century houses built between 1936 and 1979
- 4 houses of an unknown age
- 1 early-century house built between 1912 and 1935
- 10 other addresses of unknown type
- modern house (1)
- mid-century house (34)
- house (4)
- early-century house (1)
- Unknown (10)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 36 properties.
- The most common rating is D.
- A (0)
- E (11)
- B (1)
- F (3)
- C (3)
- G (0)
- D (18)
- No EPC (14)
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 Academy3.3 km away
- Wroxall Primary School3.7 km away
- The Island Free School3.4 km away
- Christ The King College11.0 km away
- Carisbrooke College11.3 km away
More reading links
Public Transport Nearby
The closest station to PO38 2RD 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|12.6 km away
