Local market reports › PO area › PO38 › PO38 1
Ventnor market report PO38 1
The PO38 1 (Ventnor) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 5,000 sales registered with HM Land Registry in PO38 1 (Ventnor) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Sales recorded to 2026; rents are ONS figures for May 2026. The page rebuilds with each monthly release.
In short: 35 registered 2026 sales put the PO38 1 (Ventnor) median at £255,000, up 6% on five years earlier, with a mean of £305,100, and by floor area homes here have averaged about £3,150 per square metre over the last five years. Everything rests on 5,000 completed HM Land Registry sales since 1995, refreshed monthly; valuations and asking prices play no part.
A postcode sector like PO38 1 is a single group of streets within PO38 (Ventnor), the finest slice the public record supports. Fewer sales stand behind each figure than at district level, so the lines jump about more.
Where PO38 1 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What PO38 1 homes really sell for
The 2026 median for PO38 1 is £255,000, taken from 35 registered sales. The mean, which is what most sites call the "average house price", is £305,100, a long way above it, which tells you a few very expensive sales are pulling the average up.
Price per square metre in PO38 1
Per square metre, PO38 1 homes have averaged around £3,150 over the last five years of sales. The floor areas behind the figure come from Energy Performance Certificates, and the by-the-metre view is the fair comparison across home sizes.
England and Wales as a whole trade at a £285,000 median, leaving PO38 1 11% below the national figure.
A typical PO38 1 home, priced year by year (1995 to 2026)
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £255,000 | £255,000 | 35 |
| 2025 | £227,500 | £232,940 | 98 |
| 2024 | £237,000 | £251,980 | 67 |
| 2023 | £251,500 | £276,337 | 102 |
| 2022 | £230,000 | £269,701 | 140 |
| 2021 | £240,000 | £303,871 | 181 |
| 2020 | £256,500 | £332,814 | 118 |
| 2019 | £191,200 | £250,617 | 128 |
| 2018 | £192,500 | £256,606 | 134 |
| 2017 | £187,000 | £255,049 | 129 |
| 2016 | £186,800 | £261,335 | 160 |
| 2015 | £170,000 | £240,210 | 166 |
| 2014 | £175,200 | £248,552 | 144 |
| 2013 | £162,500 | £233,821 | 126 |
| 2012 | £170,000 | £250,219 | 101 |
| 2011 | £157,000 | £237,010 | 119 |
| 2010 | £180,000 | £282,286 | 133 |
| 2009 | £172,200 | £276,813 | 110 |
| 2008 | £160,000 | £262,274 | 119 |
| 2007 | £165,000 | £279,886 | 234 |
| 2006 | £185,000 | £321,136 | 232 |
| 2005 | £143,000 | £254,482 | 176 |
| 2004 | £146,800 | £266,617 | 214 |
| 2003 | £115,000 | £211,858 | 207 |
| 2002 | £91,500 | £172,156 | 223 |
| 2001 | £75,000 | £144,184 | 216 |
| 2000 | £61,500 | £120,694 | 237 |
| 1999 | £56,000 | £111,605 | 243 |
| 1998 | £48,000 | £96,891 | 201 |
| 1997 | £45,000 | £92,286 | 208 |
| 1996 | £42,200 | £88,998 | 180 |
| 1995 | £40,000 | £86,954 | 119 |
In cash terms the typical PO38 1 home went from £40,000 in 1995 to £255,000 in 2026, roughly 6 times the price. Even after inflation that is a real rise of about 193%: homes here genuinely became dearer, not merely more expensive on paper. The real-terms peak came in 2020, and today's median remains roughly 23% under it: a 2020 buyer is still waiting to get that price back in today's money.
Year-on-year change in the PO38 1 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2020 (+34.2% on the year before); the weakest, 2011 (−12.8%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
The long view: annualised growth
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | +12.1% | +9.5% |
| 5 years (since 2021) | +1.2% | −3.4% |
| 10 years (since 2016) | +3.2% | −0.2% |
| 20 years (since 2006) | +1.6% | −1.1% |
Each row is compound annual growth of the median; ONS CPIH supplies the real-terms deflator. Annualising irons out the cycle, which the chart above shows in full, and past growth records what happened rather than predicting anything.
How many homes change hands in PO38 1
Sales per year, counted
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The register shows 35 PO38 1 sales across the most recent twelve months of data. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 217 sales a year before the financial crisis and 88 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
Rents around PO38 1
For renting purposes PO38 1 sits in Isle of Wight. The ONS average private rent there is £946 a month (May 2026). Size sets most of the rent: one-beds average £659 a month here against £1,508 for four or more bedrooms.
Average monthly rent by size, Isle of Wight
ONS Price Index of Private Rents, May 2026.
£946 a month is £11,352 a year, which against the £255,000 median sold price makes a gross yield of 4.5%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
The shape of the PO38 1 market
Only 35 sales completed here in the last twelve months of data, which makes PO38 1 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
PO38 1 (Ventnor): the questions that come up
Are property prices falling in PO38 1 (Ventnor)?
Is PO38 1 (Ventnor) a good place to buy a house?
How much did a house sell for in PO38 1 (Ventnor)?
What happens to PO38 1 prices now?
That question has no honest answer, only evidence. The evidence: the median is up 6% over five years in cash but down 16% after inflation. Weigh the volume chart alongside the price one before deciding anything, and bear in mind every figure is a completed sale that reached the register weeks after completion.
On the market in PO38 today
Turning to what is actually available: 1 home on the market right now, from an agent publishing to HomesIndex.
These cover the whole PO38 district, not just PO38 1: live asking prices are collected per district.
See every PO38 home for sale on the map →
These asking prices come live from estate agents publishing feeds to HomesIndex, refreshed each Monday and Thursday. They are a sample of the market rather than its entirety, and an asking price is not a sale price.
What another bedroom costs in PO
Real sold prices by size across the PO area, straight from the Land Registry record. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £350,000 | £475,000 (+36%) | £675,000 (+42%) | £900,000 (+33%) |
| Semi-detached | £273,250 | £305,000 (+12%) | £352,500 (+16%) | £430,000 (+22%) | £610,000 (+42%) |
| Terraced | £230,000 | £253,000 (+10%) | £290,000 (+15%) | £375,000 (+29%) | £498,750 (+33%) |
| Flat | £145,000 | £198,000 (+37%) | £290,000 (+46%) | £500,000 (+72%) | — |
Built from the last four years of recorded sales by form and bedroom count. Bedroom counts are estimated from EPC records (the register carries none), so expect a small number of homes one size adrift. Where too few homes exist to say anything meaningful, the cell is blank.
The risers and the fallers
The spread across the PO area is the point: the same five years treated these districts very differently.
Five-year change in the median, PO area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Other sectors in PO38
Prices can differ sharply between two sectors a few minutes' walk apart. The rest of PO38, each linking to its own report:
| Sector | Median (latest) | Sales that year |
|---|---|---|
| PO38 2 | £322,500 | 15 |
| PO38 3 | £275,000 | 29 |
Zoom out to the full PO38 district report for the type split, monthly volumes and how PO38 compares with its neighbours.
Selling a home in PO38 1? Price it on the evidence
Ground the asking price in real sold prices first. The average prices map gives a rough value in a minute: start at PO38 1's shading and zoom to the sold homes on the street itself. Agents work from this same Land Registry record when they value; this page puts it in front of you before they arrive.
Estate agents working PO38 1: the featured spot on this report is free for founding agents, one per district. Claim PO38 1.
Take it further
Answers come from the same Land Registry data behind this report, and the AI knows you are asking about PO38 1. Free, with a one click sign in.
The live map plots every individual PO38 1 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.