Grove Road - PO38 3BL
Key Postcode Insights
PO38 3BL is a residential postcode situated on Grove Road, Wroxall, Ventnor, PO38 with 7 addresses.
It ranks as the 248th largest of the 576 postcodes in the PO38 area.
The postcode contains a total of 7 properties: 3 houses and 4 other properties.
- Ave. Sale Price
- £286,383
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,464pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £381/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Key Postcode Insights
PO38 3BL is a residential postcode situated on Grove Road, Wroxall, Ventnor, PO38 with 7 addresses.
It ranks as the 248th largest of the 576 postcodes in the PO38 area.
The postcode contains a total of 7 properties: 3 houses and 4 other properties.
- Ave. Sale Price
- £286,383
- 10 Year change
- up 34.4%
- Ave. Rental Price
- £1,464pcm
- 10 Year change
- up 52.5%
- Ave. £ per ft²
- £381/ft²
- Ave. Gross Yield
- 6.1%/year/yr
Explore Properties in PO38 3BL
- Braxted
House
- Nampara
3 Bed Modern House
- Oaklea
House
- 1 Grove Road
House
- 2 Grove Road
House
Sales Market Trends
The last sale in PO38 3BL sold for £175,000 on 18th October 2004. Since then prices are down an average of 0.0%.
The current average value in the postcode is £286,383.
The PO38 3BL Sales Market has increased by 34.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -3.4% | £286,383 |
| June 2025 | 2.5% | £296,401 |
| June 2024 | -8.6% | £289,254 |
| June 2023 | 1.7% | £316,428 |
| June 2022 | 10.8% | £310,991 |
| June 2021 | 9% | £280,621 |
| June 2020 | 9.2% | £257,340 |
| June 2019 | 6% | £235,737 |
| June 2018 | 3.3% | £222,493 |
| June 2017 | 1% | £215,324 |
| June 2016 | 8% | £213,134 |
| June 2015 | 3.8% | £197,277 |
| June 2014 | 3.3% | £190,012 |
| June 2013 | -4.2% | £183,989 |
| June 2012 | -0.5% | £192,047 |
| June 2011 | -2.5% | £193,018 |
| June 2010 | 9.3% | £198,013 |
| June 2009 | -8% | £181,126 |
| June 2008 | -1.5% | £196,860 |
| June 2007 | 0% | £199,904 |
Rental Market Trends
The current average rental value in the postcode is £1,464.
The PO38 3BL Rental Market has increased by 52.5% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.1% | £1,464pcm |
| June 2025 | 3.8% | £1,407pcm |
| June 2024 | 6.6% | £1,356pcm |
| June 2023 | 7.7% | £1,272pcm |
| June 2022 | 11.4% | £1,180pcm |
| June 2021 | 6.5% | £1,059pcm |
| June 2020 | 0.9% | £995pcm |
| June 2019 | 2.2% | £986pcm |
| June 2018 | 2.1% | £965pcm |
| June 2017 | -1.6% | £945pcm |
| June 2016 | 6.5% | £960pcm |
| June 2015 | 5.1% | £902pcm |
| June 2014 | 5.9% | £858pcm |
| June 2013 | 2% | £811pcm |
| June 2012 | -0.5% | £795pcm |
| June 2011 | 5.6% | £799pcm |
| June 2010 | 8.1% | £757pcm |
| June 2009 | -3.1% | £700pcm |
| June 2008 | 3.1% | £723pcm |
| June 2007 | 0% | £701pcm |
Sales History
The last recorded sale was on 18th October 2004 for £175,000 and since then the market in the area has remained stable.
PO38 3BL has had 1 sale since 1995, none of them in the last three years.
- Sold Oct 2004£175,000 | 3 Bed HouseNampara, Grove Road, Ventnor, PO38 3BLNampara, Grove Road, Ventnor, PO38 3BL
Nearby Postcodes
PO38 3BL is the 248th largest and the 221st most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 3BP, Grove Road, Wroxall, Ventnor, PO38PO38 3BP8 Addresses|50 m away
- PO38 3EB, St. Johns Road, Wroxall, Ventnor, PO38PO38 3EB1 Address|58 m away
- PO38 3FD, St. Johns Road, Wroxall, Ventnor, PO38PO38 3FD2 Addresses|62 m away
- PO38 3PL, St. Johns Road, Wroxall, Ventnor, PO38PO38 3PL2 Addresses|66 m away
- PO38 3EY, St. Johns Road, Wroxall, Ventnor, PO38PO38 3EY4 Addresses|73 m away
Energy Efficiency
- Energy Performance Certificate (EPC) surveys have been conducted for 3 properties.
- The most common rating is B.
- A (0)
- E (0)
- B (2)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (4)
Top 3 Most Expensive Sales
- Sold Aug 2015£475,000 | 5 Bed HousePrimrose Bank, Grove Road, Ventnor, PO38 1TSPrimrose Bank, Grove Road, Ventnor, PO38 1TS
- Sold May 2005£450,000 | 5 Bed HousePrimrose Bank, Grove Road, Ventnor, PO38 1TSPrimrose Bank, Grove Road, Ventnor, PO38 1TS
- Sold Mar 2025£450,000 | 4 Bed HouseSea Dragons, Grove Road, Ventnor, PO38 1TSSea Dragons, Grove Road, Ventnor, PO38 1TS
Schools Nearby
- Wroxall Primary School200 m away
- St Francis Catholic and Church of England Primary Academy1.8 km away
- Godshill Primary School3.2 km away
- The Island Free School1.8 km away
- Christ The King College10.6 km away
- Carisbrooke College11.0 km away
More reading links
Public Transport Nearby
The closest station to PO38 3BL is Shanklin station, which is 3.7 kilometres away.
- Shanklin|3.7 km away
- Lake|5.3 km away
- Sandown|6.3 km away
- Brading|9.2 km away