House Prices / South East / Isle of Wight / PO38 / Redhill LaneRedhill Lane - PO38 3ER
Key Postcode Insights
PO38 3ER is a residential postcode situated on Redhill Lane, Wroxall, Ventnor, PO38 with 8 addresses.
It ranks as the 284th largest and 528th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 7 houses and 1 flat.
Key Postcode Insights
PO38 3ER is a residential postcode situated on Redhill Lane, Wroxall, Ventnor, PO38 with 8 addresses.
It ranks as the 284th largest and 528th most expensive of the 576 postcodes in the PO38 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 8 properties: 7 houses and 1 flat.
Explore Propertieson Redhill Lane, Wroxall, Ventnor, PO38
- Allens
4 Bed Period House
- Barncourt Farm
Unknown
- Maydene
5 Bed Period House
- Park Hill Farm
Unknown
- Park Wall
Unknown
Sales Market Trendsin PO38 3ER
The last sale in PO38 3ER sold for £870,000 on 13th August 2021. Since then prices are down an average of 0.7%.
The current average value in the postcode is £630,486.
The PO38 3ER Sales Market has increased by 30.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £630,486 |
| June 2025 | 1.8% | £658,172 |
| June 2024 | -8.1% | £646,712 |
| June 2023 | 1.7% | £703,370 |
| June 2022 | 9.8% | £691,414 |
| June 2021 | 8.8% | £629,809 |
| June 2020 | 9.5% | £578,818 |
| June 2019 | 6.1% | £528,667 |
| June 2018 | 2.3% | £498,088 |
| June 2017 | 0.8% | £486,944 |
| June 2016 | 7.4% | £482,936 |
| June 2015 | 3.3% | £449,701 |
| June 2014 | 3% | £435,163 |
| June 2013 | -4.6% | £422,616 |
| June 2012 | -0.8% | £443,127 |
| June 2011 | -2.3% | £446,754 |
| June 2010 | 9% | £457,122 |
| June 2009 | -7.4% | £419,462 |
| June 2008 | -1.3% | £453,103 |
| June 2007 | 0% | £459,055 |
Rental Market Trendsin PO38 3ER
The current average rental value in the postcode is £2,121.
The PO38 3ER Rental Market has increased by 48.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 3.2% | £2,121pcm |
| June 2025 | 3.1% | £2,055pcm |
| June 2024 | 7.2% | £1,994pcm |
| June 2023 | 7.7% | £1,859pcm |
| June 2022 | 10.4% | £1,726pcm |
| June 2021 | 6.3% | £1,564pcm |
| June 2020 | 1.2% | £1,472pcm |
| June 2019 | 2.4% | £1,455pcm |
| June 2018 | 1.1% | £1,421pcm |
| June 2017 | -1.8% | £1,406pcm |
| June 2016 | 5.8% | £1,431pcm |
| June 2015 | 4.6% | £1,352pcm |
| June 2014 | 5.6% | £1,293pcm |
| June 2013 | 1.5% | £1,225pcm |
| June 2012 | -0.8% | £1,206pcm |
| June 2011 | 5.9% | £1,217pcm |
| June 2010 | 7.7% | £1,149pcm |
| June 2009 | -2.5% | £1,067pcm |
| June 2008 | 3.3% | £1,094pcm |
| June 2007 | 0% | £1,059pcm |
Sales Historyin PO38 3ER
The last sale was on 13th August 2021 for £870,000 and since then the market in the area has decreased by 0.7%. The postcode has had a total of 3 sales since 1995.
PO38 3ER has seen no sales in the last three years and no sales in the last twelve months.
- Sold Aug 2021£870,000 | 5 Bed HouseMaydene, Redhill Lane, Ventnor, PO38 3ERMaydene, Redhill Lane, Ventnor, PO38 3ER
- Sold Jun 2021£725,000 | 4 Bed HouseAllens, Redhill Lane, Ventnor, PO38 3ERAllens, Redhill Lane, Ventnor, PO38 3ER
- Sold Mar 2003£50,000 | 3 Bed House2 Rhoda Cottages, Redhill Lane, Ventnor, PO38 3ER2 Rhoda Cottages, Redhill Lane, Ventnor, PO38 3ER
Nearby Postcodesto PO38 3ER
PO38 3ER is the 284th largest and the 528th most expensive postcode out of the 576 postcodes in the PO38 area.
- PO38 3ES, Redhill Lane, Wroxall, Ventnor, PO38PO38 3ES2 Addresses|606 m away
- PO38 3AB, St. Johns Road, Wroxall, Ventnor, PO38PO38 3AB4 Addresses|749 m away
- PO38 3JF, Shanklin Road, Godshill, Ventnor, PO38PO38 3JF7 Addresses|751 m away
- PO38 3AW, Shanklin Road, Sandford, Ventnor, PO38PO38 3AW4 Addresses|760 m away
- PO38 3AA, St. Johns Road, Wroxall, Ventnor, PO38PO38 3AA11 Addresses|762 m away
Property Typesin PO38 3ER
- 3 period houses built between 1800 and 1911
- 2 period flats built between 1800 and 1911
- 3 other addresses of unknown type
- period house (3)
- period flat (2)
- Unknown (3)
Energy Efficiencyof properties in PO38 3ER
- Energy Performance Certificate (EPC) surveys conducted for 4 properties.
- The most common rating is E.
- A (0)
- E (2)
- B (0)
- F (1)
- C (0)
- G (0)
- D (1)
- No EPC (4)
Top 3 Most Expensive Saleson Redhill Lane
- Sold Aug 2021£870,000 | 5 Bed HouseMaydene, Redhill Lane, Ventnor, PO38 3ERMaydene, Redhill Lane, Ventnor, PO38 3ER
- Sold Jun 2021£725,000 | 4 Bed HouseAllens, Redhill Lane, Ventnor, PO38 3ERAllens, Redhill Lane, Ventnor, PO38 3ER
- Sold Oct 2020£274,725 | 3 Bed HouseValley Cottage, Redhill Lane, Ventnor, PO38 3ESValley Cottage, Redhill Lane, Ventnor, PO38 3ES
Schools Nearby
- Wroxall Primary School1.3 km away
- Godshill Primary School2.0 km away
- St Francis Catholic and Church of England Primary Academy3.1 km away
- The Island Free School3.1 km away
- Christ The King College9.3 km away
- Carisbrooke College9.8 km away
More reading links
Public Transport Nearby
The closest station to PO38 3ER is Shanklin station, which is 3.8 kilometres away.
- Shanklin|3.8 km away
- Lake|5.2 km away
- Sandown|6.0 km away
- Brading|8.8 km away
