Bannock Road - PO38 2RR
Key Postcode Insights
PO38 2RR is a residential postcode situated on Bannock Road, Whitwell, Ventnor, PO38 with 6 addresses.
It ranks as the 216th largest and 288th most expensive of the 576 postcodes in the PO38 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 5 houses and 1 other property.
- Ave. Sale Price
- £330,299
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,561pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £263/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Key Postcode Insights
PO38 2RR is a residential postcode situated on Bannock Road, Whitwell, Ventnor, PO38 with 6 addresses.
It ranks as the 216th largest and 288th most expensive of the 576 postcodes in the PO38 area. The most common property type is a modern house built after 1980.
The postcode contains a total of 6 properties: 5 houses and 1 other property.
- Ave. Sale Price
- £330,299
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,561pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £263/ft²
- Ave. Gross Yield
- 5.7%/year/yr
Explore Properties in PO38 2RR
- 1 Slay Rise Bannock Road
3 Bed Modern House
- 2 Slay Rise Bannock Road
3 Bed Modern House
- 3 Slay Rise Bannock Road
3 Bed Modern House
- 5 Slay Rise Bannock Road
4 Bed Modern House
Sales Market Trends
The last sale in PO38 2RR sold for £325,000 on 5th October 2020. Since then prices are up an average of 5.6%.
The current average value in the postcode is £330,299.
The PO38 2RR Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.4% | £330,299 |
| June 2025 | 2.1% | £345,556 |
| June 2024 | -8.3% | £338,340 |
| June 2023 | 2% | £369,028 |
| June 2022 | 10.5% | £361,625 |
| June 2021 | 9.6% | £327,286 |
| June 2020 | 9.5% | £298,567 |
| June 2019 | 6.2% | £272,678 |
| June 2018 | 2.7% | £256,648 |
| June 2017 | 1.6% | £249,813 |
| June 2016 | 7.7% | £245,793 |
| June 2015 | 3.3% | £228,171 |
| June 2014 | 2.9% | £220,783 |
| June 2013 | -4.6% | £214,599 |
| June 2012 | -0.5% | £225,021 |
| June 2011 | -1.5% | £226,211 |
| June 2010 | 10.2% | £229,630 |
| June 2009 | -7.1% | £208,364 |
| June 2008 | -0.9% | £224,267 |
| June 2007 | 0% | £226,325 |
Rental Market Trends
The current average rental value in the postcode is £1,561.
The PO38 2RR Rental Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3% | £1,561pcm |
| June 2025 | 3.4% | £1,515pcm |
| June 2024 | 6.8% | £1,465pcm |
| June 2023 | 8.1% | £1,372pcm |
| June 2022 | 11% | £1,270pcm |
| June 2021 | 7.2% | £1,143pcm |
| June 2020 | 1.2% | £1,067pcm |
| June 2019 | 2.5% | £1,054pcm |
| June 2018 | 1.6% | £1,028pcm |
| June 2017 | -1.1% | £1,012pcm |
| June 2016 | 6.2% | £1,023pcm |
| June 2015 | 4.6% | £963pcm |
| June 2014 | 5.4% | £921pcm |
| June 2013 | 1.5% | £874pcm |
| June 2012 | -0.6% | £861pcm |
| June 2011 | 6.6% | £866pcm |
| June 2010 | 9% | £812pcm |
| June 2009 | -2.2% | £745pcm |
| June 2008 | 3.7% | £762pcm |
| June 2007 | 0% | £735pcm |
Sales History
The last recorded sale was on 5th October 2020 for £325,000 and since then the market in the area has increased by 5.6%.
PO38 2RR has had 3 sales since 1995, none of them in the last three years.
- Sold Oct 2020£325,000 | 4 Bed House5 Slay Rise, Bannock Road, Ventnor, PO38 2RR5 Slay Rise, Bannock Road, Ventnor, PO38 2RR
- Sold Aug 2018£222,500 | 3 Bed House3 Slay Rise, Bannock Road, Ventnor, PO38 2RR3 Slay Rise, Bannock Road, Ventnor, PO38 2RR
- Sold Jul 2015£184,950 | 3 Bed House2 Slay Rise, Bannock Road, Ventnor, PO38 2RR2 Slay Rise, Bannock Road, Ventnor, PO38 2RR
Nearby Postcodes
PO38 2RR is the 216th largest and the 288th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 2RB, Bannock Road, Whitwell, Ventnor, PO38PO38 2RB13 Addresses|43 m away
- PO38 2RF, Alban Way, Whitwell, Ventnor, PO38PO38 2RF3 Addresses|57 m away
- PO38 2RE, Whinscot Close, Whitwell, Ventnor, PO38PO38 2RE14 Addresses|59 m away
- PO38 2QG, High Street, Whitwell, Ventnor, PO38PO38 2QG17 Addresses|65 m away
- PO38 2QE, High Street, Whitwell, Ventnor, PO38PO38 2QE10 Addresses|97 m away
Property Types
- 5 modern houses built after 1980
- 1 other address of unknown type
- modern house (5)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (4)
- No EPC (1)
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 School3.4 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 2RR is Shanklin station, which is 7.2 kilometres away.
- Shanklin|7.2 km away
- Lake|8.7 km away
- Sandown|9.6 km away
- Brading|12.5 km away
