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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 3ETHouse Prices / South East, Isle of Wight, Redhill Lane
Last updated May 2026
Key Postcode Insights
PO38 3ET is a residential postcode situated on Redhill Lane, Sandford, Ventnor, PO38 with 3 addresses.
It ranks as the 110th largest and 561st most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
Key Postcode Insights
PO38 3ET is a residential postcode situated on Redhill Lane, Sandford, Ventnor, PO38 with 3 addresses.
It ranks as the 110th largest and 561st most expensive of the 577 postcodes in the PO38 area. The dominant property type is a period house built between 1800 and 1911.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
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House Pricesin PO38 3ET
Sale prices range from £667,508 for 5 bedroom freehold houses with a garden (2,507 ft2) to £763,654 for 5 bedroom freehold houses with a garden (2,507 ft2) .
Monthly rental prices range from £2,024 pcm for 5 bed houses to £2,207 pcm for 5 bed houses.
The gross rental yield is between 3.2% and 4.0%.
The average value per square foot is £266.
Average Sale Value
£699,557
Average Rental Value
£2,146 pcm
Average Rental Yield
3.7% /year
Average Value Per Sqft
£266 /ft2
Sales Market Trendsin PO38 3ET
The last sale in PO38 3ET sold for £680,000 on 22nd November 2019. Since then prices are up an average of 19.6%.
The current average value in the postcode is £699,557.
The PO38 3ET Sales Market has increased by 36.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.9% | £699,557 |
| April 2025 | 1.1% | £735,460 |
| April 2024 | -7.5% | £727,482 |
| April 2023 | 5.6% | £786,856 |
| April 2022 | 9.8% | £744,998 |
| April 2021 | 11.3% | £678,750 |
| April 2020 | 5.5% | £609,670 |
| April 2019 | 5.6% | £578,019 |
| April 2018 | 2.5% | £547,203 |
| April 2017 | 4% | £533,642 |
| April 2016 | 5% | £512,894 |
| April 2015 | 1.7% | £488,337 |
| April 2014 | 5.5% | £480,234 |
| April 2013 | -1% | £455,193 |
| April 2012 | -0.4% | £459,895 |
| April 2011 | 0% | £461,926 |
| April 2010 | 5.1% | £461,708 |
| April 2009 | -9.4% | £439,433 |
| April 2008 | 2.1% | £485,212 |
| April 2007 | 0% | £475,094 |
Rental Market Trendsin PO38 3ET
The current average rental value in the postcode is £2,146.
The PO38 3ET Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £2,146pcm |
| April 2025 | 3.5% | £2,065pcm |
| April 2024 | 6.5% | £1,994pcm |
| April 2023 | 7.7% | £1,872pcm |
| April 2022 | 11.7% | £1,739pcm |
| April 2021 | 7.4% | £1,557pcm |
| April 2020 | 1.7% | £1,450pcm |
| April 2019 | 2.5% | £1,426pcm |
| April 2018 | 0.5% | £1,390pcm |
| April 2017 | 1.2% | £1,384pcm |
| April 2016 | 6.2% | £1,368pcm |
| April 2015 | 3.7% | £1,288pcm |
| April 2014 | 4.1% | £1,242pcm |
| April 2013 | 5% | £1,193pcm |
| April 2012 | 1.2% | £1,137pcm |
| April 2011 | 4.8% | £1,123pcm |
| April 2010 | 3.9% | £1,071pcm |
| April 2009 | -2.3% | £1,031pcm |
| April 2008 | 5.3% | £1,056pcm |
| April 2007 | 0% | £1,003pcm |
Explore Propertiesin PO38 3ET, Redhill Lane, Sandford, Ventnor, PO38
Sales Historyin PO38 3ET
The last sale was on 22nd November 2019 for £680,000 and since then the market in the area has increased by 19.6%. The postcode has had a total of 4 sales since 1995.
PO38 3ET has seen no sales in the last three years and no sales in the last twelve months.
Sold Nov 2019£680,000 | 5 Bed HouseRedhill LaneRedhill Cottage, Redhill Lane, Ventnor, PO38 3ET
Sold Nov 2019£680,000 | 5 Bed HouseRedhill LaneRedhill Cottage, Redhill Lane, Ventnor, PO38 3ET
Sold Mar 2007£250,000 | 5 Bed HouseRedhill LaneRedhill Cottage, Redhill Lane, Ventnor, PO38 3ET
Sold May 2004£325,000 | 5 Bed HouseRedhill LaneStaddlestones, Redhill Lane, Ventnor, PO38 3ET
Nearby Postcodesto PO38 3ET
PO38 3ET is the 110th largest and the 561st most expensive postcode out of the 577 postcodes in the PO38 area.
- 74 mPO38 3AP, Shanklin Road, Sandford, Ventnor, PO38PO38 3AP3 Addresses
- 130 mPO38 3EU, Shanklin Road, Sandford, Ventnor, PO38PO38 3EU11 Addresses
- 179 mPO38 3ES, Redhill Lane, Wroxall, Ventnor, PO38PO38 3ES2 Addresses
- 183 mPO38 3AR, Lessland Lane, Sandford, Ventnor, PO38PO38 3AR5 Addresses
- 278 mPO38 3PP, Sandford Barns, Sandford, Ventnor, PO38PO38 3PP8 Addresses
- 297 mPO38 3EX, Shanklin Road, Sandford, Ventnor, PO38PO38 3EX12 Addresses
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Property Typesin PO38 3ET
- 1 period house built between 1800 and 1911
- 2 other addresses of unknown type
- period house (1)
- Unknown (2)
Energy Efficiencyof properties in PO38 3ET
- Energy Performance Certificate (EPC) surveys conducted for 1 property.
- The dominant rating is C.
- A (0)
- E (0)
- B (0)
- F (0)
- C (1)
- G (0)
- D (0)
- No EPC (2)
Top 3 Most Expensive Saleson Redhill Lane
Schools Nearbyto PO38 3ET
The nearest primary school to PO38 3ET is Godshill Primary School which is 1.5 kilometres away.
- 1.5kmGodshill Primary School
- 2.1kmWroxall Primary School
- 3.8kmSt Blasius Shanklin CofE Primary Academy
The nearest secondary school is The Island Free School which is 3.9 kilometres away.
- 3.9kmThe Island Free School
- 8.6kmChrist The King College
- 9.0kmCarisbrooke College
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Public Transport Nearbyto PO38 3ET
The closest station to PO38 3ET is Shanklin station which is 4.0 kilometres away.
- 4.0kmShanklin
- 5.1kmLake
- 5.8kmSandown
- 8.5kmBrading
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