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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
PO38 3ASHouse Prices / South East, Isle of Wight, Lessland Lane
Last updated May 2026
Key Postcode Insights
PO38 3AS is a residential postcode situated on Lessland Lane, Sandford, Ventnor, PO38 with 6 addresses.
It ranks as the 221st largest and 356th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
6
Properties
- Houses
- Flats
Key Postcode Insights
PO38 3AS is a residential postcode situated on Lessland Lane, Sandford, Ventnor, PO38 with 6 addresses.
It ranks as the 221st largest and 356th most expensive of the 577 postcodes in the PO38 area. The dominant property type is a early-century house built between 1912 and 1935.
The postcode contains a total of 6 properties: 4 houses and 2 flats.
6
Properties
- Houses
- Flats
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House Pricesin PO38 3AS
Sale prices range from £248,460 for 3 bedroom Leasehold flats (1,270 ft2) to £646,612 for 5 bedroom freehold houses with a garden (2,884 ft2) .
Monthly rental prices range from £1,129 pcm for 3 bed flats to £2,278 pcm for 5 bed houses.
The gross rental yield is between 4.1% and 5.5%.
The average value per square foot is £262.
Average Sale Value
£381,256
Average Rental Value
£1,460 pcm
Average Rental Yield
4.6% /year
Average Value Per Sqft
£262 /ft2
Sales Market Trendsin PO38 3AS
The last sale in PO38 3AS sold for £360,000 on 13th December 2024. Since then prices are down an average of 4.4%.
The current average value in the postcode is £381,256.
The PO38 3AS Sales Market has increased by 31.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -5% | £381,256 |
| April 2025 | 1.3% | £401,158 |
| April 2024 | -7.6% | £395,963 |
| April 2023 | 5.4% | £428,323 |
| April 2022 | 8.9% | £406,433 |
| April 2021 | 10.4% | £373,243 |
| April 2020 | 5% | £338,201 |
| April 2019 | 5.6% | £321,991 |
| April 2018 | 1.8% | £304,986 |
| April 2017 | 2.9% | £299,503 |
| April 2016 | 5.2% | £291,080 |
| April 2015 | 1.9% | £276,732 |
| April 2014 | 5.2% | £271,439 |
| April 2013 | -2.2% | £257,930 |
| April 2012 | -1.3% | £263,651 |
| April 2011 | -0.3% | £267,037 |
| April 2010 | 4.9% | £267,841 |
| April 2009 | -9.8% | £255,276 |
| April 2008 | 1.4% | £283,048 |
| April 2007 | 0% | £279,115 |
Rental Market Trendsin PO38 3AS
The current average rental value in the postcode is £1,460.
The PO38 3AS Rental Market has increased by 50.7% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 3.9% | £1,460pcm |
| April 2025 | 3.8% | £1,405pcm |
| April 2024 | 6.5% | £1,354pcm |
| April 2023 | 7.4% | £1,272pcm |
| April 2022 | 10.8% | £1,184pcm |
| April 2021 | 6.4% | £1,068pcm |
| April 2020 | 1.3% | £1,004pcm |
| April 2019 | 2.5% | £991pcm |
| April 2018 | -0.2% | £967pcm |
| April 2017 | 0.1% | £969pcm |
| April 2016 | 6.4% | £969pcm |
| April 2015 | 3.9% | £911pcm |
| April 2014 | 3.8% | £876pcm |
| April 2013 | 3.7% | £844pcm |
| April 2012 | 0.4% | £813pcm |
| April 2011 | 4.5% | £810pcm |
| April 2010 | 3.8% | £776pcm |
| April 2009 | -2.8% | £747pcm |
| April 2008 | 4.5% | £769pcm |
| April 2007 | 0% | £735pcm |
Properties and Buildingsin PO38 3AS, Lessland Lane, Sandford, Ventnor, PO38
Sales Historyin PO38 3AS
The last sale was on 13th December 2024 for £360,000 and since then the market in the area has decreased by 4.4%. The postcode has had a total of 4 sales since 1995.
PO38 3AS has seen 1 sale in the last three years and no sales in the last twelve months.
Sold Dec 2024£360,000 | 3 Bed HouseLessland Lane4 Lessland Cottages, Lessland Lane, Ventnor, PO38 3AS
Sold Dec 2020£306,000 | 3 Bed HouseLessland Lane4 Lessland Cottages, Lessland Lane, Ventnor, PO38 3AS
Sold Apr 2013£211,000 | 3 Bed HouseLessland Lane1 Lessland Cottages, Lessland Lane, Ventnor, PO38 3AS
Sold Feb 2011£205,000 | 3 Bed HouseLessland Lane4 Lessland Cottages, Lessland Lane, Ventnor, PO38 3AS
Nearby Postcodesto PO38 3AS
PO38 3AS is the 221st largest and the 356th most expensive postcode out of the 577 postcodes in the PO38 area.
- 306 mPO38 3AT, Lessland Lane, Sandford, Ventnor, PO38PO38 3AT2 Addresses
- 332 mPO38 3AN, Sandford, Ventnor, PO38PO38 3AN4 Addresses
- 483 mPO38 3AR, Lessland Lane, Sandford, Ventnor, PO38PO38 3AR5 Addresses
- 578 mPO38 3AW, Shanklin Road, Sandford, Ventnor, PO38PO38 3AW4 Addresses
- 590 mPO38 3AP, Shanklin Road, Sandford, Ventnor, PO38PO38 3AP3 Addresses
- 614 mPO38 3EU, Shanklin Road, Sandford, Ventnor, PO38PO38 3EU11 Addresses
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Property Typesin PO38 3AS
- 1 early-century house built between 1912 and 1935
- 5 other addresses of unknown type
- early-century house (1)
- Unknown (5)
Energy Efficiencyof properties in PO38 3AS
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is E.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (1)
- D (0)
- No EPC (4)
Top 3 Most Expensive Saleson Lessland Lane
Schools Nearbyto PO38 3AS
The nearest primary school to PO38 3AS is Godshill Primary School which is 1.8 kilometres away.
- 1.8kmGodshill Primary School
- 2.6kmWroxall Primary School
- 3.5kmNewchurch Primary School
The nearest secondary school is The Island Free School which is 4.4 kilometres away.
- 4.4kmThe Island Free School
- 8.3kmChrist The King College
- 8.8kmCarisbrooke College
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Public Transport Nearbyto PO38 3AS
The closest station to PO38 3AS is Shanklin station which is 3.7 kilometres away.
- 3.7kmShanklin
- 4.7kmLake
- 5.3kmSandown
- 7.9kmBrading
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