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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 3JPHouse Prices / South East, Isle of Wight, Sheepwash Lane
Last updated May 2026
Key Postcode Insights
PO38 3JP is a residential postcode situated on Sheepwash Lane, Godshill, Ventnor, PO38 with 3 addresses.
It ranks as the 114th largest and 544th most expensive of the 577 postcodes in the PO38 area.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
Key Postcode Insights
PO38 3JP is a residential postcode situated on Sheepwash Lane, Godshill, Ventnor, PO38 with 3 addresses.
It ranks as the 114th largest and 544th most expensive of the 577 postcodes in the PO38 area.
The postcode contains a total of 3 properties: 3 houses.
3
Properties
- Houses
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House Pricesin PO38 3JP
Sale prices range from £622,394 for 5 bedroom freehold houses with a garden (2,604 ft2) to £648,362 for 5 bedroom freehold houses with a garden (2,809 ft2) .
Monthly rental prices range from £2,210 pcm for 5 bed houses to £2,302 pcm for 5 bed houses.
The gross rental yield is between 4.3% and 4.3%.
The average value per square foot is £239.
Average Sale Value
£631,050
Average Rental Value
£2,241 pcm
Average Rental Yield
4.3% /year
Average Value Per Sqft
£239 /ft2
Sales Market Trendsin PO38 3JP
The last sale in PO38 3JP sold for £606,660 on 22nd September 2017. Since then prices are down an average of 0.0%.
The current average value in the postcode is £631,050.
The PO38 3JP Sales Market has increased by 36.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | -4.9% | £631,050 |
| April 2025 | 1.1% | £663,437 |
| April 2024 | -7.5% | £656,240 |
| April 2023 | 5.6% | £709,800 |
| April 2022 | 9.8% | £672,041 |
| April 2021 | 11.3% | £612,281 |
| April 2020 | 5.5% | £549,966 |
| April 2019 | 5.6% | £521,414 |
| April 2018 | 2.5% | £493,615 |
| April 2017 | 4% | £481,383 |
| April 2016 | 5% | £462,667 |
| April 2015 | 1.7% | £440,515 |
| April 2014 | 5.5% | £433,205 |
| April 2013 | -1% | £410,617 |
| April 2012 | -0.4% | £414,857 |
| April 2011 | 0% | £416,690 |
| April 2010 | 5.1% | £416,493 |
| April 2009 | -9.4% | £396,400 |
| April 2008 | 2.1% | £437,695 |
| April 2007 | 0% | £428,568 |
Rental Market Trendsin PO38 3JP
The current average rental value in the postcode is £2,241.
The PO38 3JP Rental Market has increased by 56.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| April 2026 | 4% | £2,241pcm |
| April 2025 | 3.5% | £2,156pcm |
| April 2024 | 6.5% | £2,082pcm |
| April 2023 | 7.7% | £1,955pcm |
| April 2022 | 11.7% | £1,816pcm |
| April 2021 | 7.4% | £1,626pcm |
| April 2020 | 1.7% | £1,514pcm |
| April 2019 | 2.5% | £1,489pcm |
| April 2018 | 0.5% | £1,452pcm |
| April 2017 | 1.2% | £1,445pcm |
| April 2016 | 6.2% | £1,428pcm |
| April 2015 | 3.7% | £1,345pcm |
| April 2014 | 4.1% | £1,297pcm |
| April 2013 | 5% | £1,246pcm |
| April 2012 | 1.2% | £1,187pcm |
| April 2011 | 4.8% | £1,173pcm |
| April 2010 | 3.9% | £1,119pcm |
| April 2009 | -2.3% | £1,077pcm |
| April 2008 | 5.3% | £1,102pcm |
| April 2007 | 0% | £1,047pcm |
Explore Propertiesin PO38 3JP, Sheepwash Lane, Godshill, Ventnor, PO38
Sales Historyin PO38 3JP
The last sale was on 22nd September 2017 for £606,660 and since then the market in the area has remained stable. The postcode has had a total of 1 sales since 1995.
PO38 3JP has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodesto PO38 3JP
PO38 3JP is the 114th largest and the 544th most expensive postcode out of the 577 postcodes in the PO38 area.
- 351 mPO38 3JR, Sheepwash Lane, Godshill, Ventnor, PO38PO38 3JR5 Addresses
- 425 mPO38 3LP, Whitwell Road, Godshill, Ventnor, PO38PO38 3LP1 Addresses
- 859 mPO38 3JS, Sheepwash Lane, Godshill, Ventnor, PO38PO38 3JS5 Addresses
- 933 mPO38 3JT, Merryl Lane, Godshill, Ventnor, PO38PO38 3JT5 Addresses
- 1.0 kmPO38 3LH, Roud, Ventnor, PO38PO38 3LH23 Addresses
- 1.1 kmPO38 2AQ, Whitwell Road, Whitwell, Ventnor, PO38PO38 2AQ3 Addresses
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Property Typesin PO38 3JP
- 3 other addresses of unknown type
- Unknown (3)
Energy Efficiencyof properties in PO38 3JP
- Energy Performance Certificate (EPC) surveys conducted for 0 properties.
- The dominant rating is no_epc_ratings.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (3)
Top 3 Most Expensive Saleson Sheepwash Lane
Schools Nearbyto PO38 3JP
The nearest primary school to PO38 3JP is Godshill Primary School which is 1.7 kilometres away.
- 1.7kmGodshill Primary School
- 2.7kmWroxall Primary School
- 3.5kmSt Francis Catholic and Church of England Primary Academy
The nearest secondary school is The Island Free School which is 3.6 kilometres away.
- 3.6kmThe Island Free School
- 9.0kmChrist The King College
- 9.4kmCarisbrooke College
More reading links
Public Transport Nearbyto PO38 3JP
The closest station to PO38 3JP is Shanklin station which is 5.8 kilometres away.
- 5.8kmShanklin
- 7.2kmLake
- 8.0kmSandown
- 10.7kmBrading
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