PO38 3AXHouse Prices / South East, Isle of Wight, Rew Lane
Key Postcode Insights
PO38 3AX is a residential postcode situated on Rew Lane, Wroxall, Ventnor, PO38 with 7 addresses.
It ranks as the 247th largest and 466th most expensive of the 576 postcodes in the PO38 area.
The postcode contains a total of 7 properties: 6 houses and 1 flat.
- Houses
- Flats
Key Postcode Insights
PO38 3AX is a residential postcode situated on Rew Lane, Wroxall, Ventnor, PO38 with 7 addresses.
It ranks as the 247th largest and 466th most expensive of the 576 postcodes in the PO38 area.
The postcode contains a total of 7 properties: 6 houses and 1 flat.
- Houses
- Flats
House Pricesin PO38 3AX
Sale prices range from £201,584 for 3 bedroom Leasehold flats (914 ft2) to £800,970 for 5 bedroom freehold houses with a garden (4,316 ft2) .
Monthly rental prices range from £1,030 pcm for 3 bed flats to £3,177 pcm for 5 bed houses.
The gross rental yield is between 4.4% and 6.1%.
The average value per square foot is £267.
Sales Market Trendsin PO38 3AX
The last sale in PO38 3AX sold for £250,000 on 20th March 2015. Since then prices are up an average of 44.8%.
The current average value in the postcode is £496,766.
The PO38 3AX Sales Market has increased by 31.8% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -4.6% | £496,766 |
| May 2025 | 2.7% | £520,834 |
| May 2024 | -9.1% | £507,267 |
| May 2023 | 4% | £558,307 |
| May 2022 | 8.7% | £536,760 |
| May 2021 | 9.3% | £493,963 |
| May 2020 | 8.9% | £451,886 |
| May 2019 | 6.7% | £415,007 |
| May 2018 | 2.9% | £389,111 |
| May 2017 | 0.3% | £378,138 |
| May 2016 | 6.6% | £376,912 |
| May 2015 | 3.3% | £353,441 |
| May 2014 | 4% | £342,048 |
| May 2013 | -5.7% | £328,876 |
| May 2012 | -0.6% | £348,586 |
| May 2011 | -2% | £350,575 |
| May 2010 | 9% | £357,562 |
| May 2009 | -8.4% | £328,116 |
| May 2008 | -0.1% | £358,226 |
| May 2007 | 0% | £358,544 |
Rental Market Trendsin PO38 3AX
The current average rental value in the postcode is £1,976.
The PO38 3AX Rental Market has increased by 50.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 4.2% | £1,976pcm |
| May 2025 | 3.8% | £1,896pcm |
| May 2024 | 7.4% | £1,827pcm |
| May 2023 | 7.7% | £1,701pcm |
| May 2022 | 10.6% | £1,579pcm |
| May 2021 | 5.3% | £1,428pcm |
| May 2020 | 1.3% | £1,355pcm |
| May 2019 | 2.4% | £1,338pcm |
| May 2018 | 0.5% | £1,307pcm |
| May 2017 | -1.2% | £1,300pcm |
| May 2016 | 6.4% | £1,315pcm |
| May 2015 | 4.1% | £1,236pcm |
| May 2014 | 5.7% | £1,187pcm |
| May 2013 | 1.5% | £1,123pcm |
| May 2012 | -0.9% | £1,107pcm |
| May 2011 | 6.5% | £1,117pcm |
| May 2010 | 6.8% | £1,049pcm |
| May 2009 | -1.9% | £982pcm |
| May 2008 | 3.3% | £1,001pcm |
| May 2007 | 0% | £970pcm |
Properties and Buildingsin PO38 3AX, Rew Lane, Wroxall, Ventnor, PO38
- Cherry Acre, Rew Lane, Ventnor, PO38 3AX4 bed house
- Pitville, Rew Lane, Ventnor, PO38 3AX3 bed mid-century house
- 1 Rew Farm Barns, Rew Lane, Ventnor, PO38 3AX5 bed modern house
- Rew Farm Cottages, Rew Lane, Wroxall, Ventnor, PO38Building2 units
- Rew Farmhouse, Rew Lane, Ventnor, PO38 3AX
- 2 Valley Farm Cottage, Rew Lane, Ventnor, PO38 3AX
Sales Historyin PO38 3AX
The last sale was on 20th March 2015 for £250,000 and since then the market in the area has increased by 44.8%. The postcode has had a total of 6 sales since 1995.
PO38 3AX has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto PO38 3AX
PO38 3AX is the 247th largest and the 466th most expensive postcode out of the 576 postcodes in the PO38 area.
- 393 mPO38 1YH, Newport Road, Godshill, Ventnor, PO38PO38 1YH1 Addresses
- 475 mPO38 1DQ, Chestnut Close, Ventnor, PO38PO38 1DQ40 Addresses
- 542 mPO38 1DG, St. Margarets Glade, Ventnor, PO38PO38 1DG33 Addresses
- 546 mPO38 3LS, Clarence Road, Wroxall, Ventnor, PO38PO38 3LS1 Addresses
- 563 mPO38 1DY, Willow Close, Ventnor, PO38PO38 1DY27 Addresses
- 589 mPO38 1BW, Ash Court, Ventnor, PO38PO38 1BW18 Addresses
Property Typesin PO38 3AX
- 1 modern house built after 1980
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 4 other addresses of unknown type
- modern house (1)
- mid-century house (1)
- house (1)
- Unknown (4)
Energy Efficiencyof properties in PO38 3AX
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is C.
- A (0)
- E (1)
- B (0)
- F (0)
- C (2)
- G (0)
- D (0)
- No EPC (4)
Schools Nearby
- 600mSt Francis Catholic and Church of England Primary Academy
- 1.7kmWroxall Primary School
- 4.2kmGodshill Primary School
- 700mThe Island Free School
- 11.8kmChrist The King College
- 12.2kmCarisbrooke College
More reading links
Public Transport Nearby
The closest station to PO38 3AX is Shanklin station, which is 5.0 kilometres away.
- 5.0kmShanklin
- 6.6kmLake
- 7.7kmSandown
- 10.6kmBrading
