You are here: Property Solvers Home Homeowners Hub UK House Prices House Prices in PO38

House Prices in PO38

The average house price in PO38 (Ventnor) is £330,400 using HM Land Registry data.

The average property price increased by £52,279 (57.04%) over the last 5 years and increased by £10,448 (7.12%) over the last 12 months.

Over the last year, there were 111 residential property sales – a decrease of 64 transactions (-57.66%) relative to the previous year. The majority of house sales (27) were in the £218,000 - £296,000 range. Then came properties in the £140,000 - £218,000 range, where 24 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 109 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,930 (-4%).

In May 2025, there were 43 new estate agency instructions, 26 agreed home sales and 54 property price reductions.

5-Year Average Property Prices in PO38 (Ventnor)

57.04%

Property prices in PO38 (Ventnor) increased by 57.04% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in PO38 (Ventnor) Over the Last Year

7.12%

Property prices in PO38 (Ventnor) increased by 7.12% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for PO38 (Ventnor) - May 2025

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 81 to 100 days, the broad evidence suggests a very slow moving market. This can often be due to estate agency over-valuations out of sync with the realities, a notable market slowdown or a combination of both. In such scenarios, vendors may either choose to wait for the market to pick up (which may result in relisting the property at a later date). Those committed to selling will often need to drop the price to a level that will entice genuine homebuyer interest or approach a sell house fast or auction company like Property Solvers.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in PO38 (Ventnor)

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in PO38 (Ventnor)

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in PO38 (Ventnor)

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the PO38 (Ventnor) Postcode since 1995

Using HM Land Registry data, this chart displays average annual house prices in the PO38 postcode area since 1995.

Recent Sales in PO38 (Ventnor)

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
19 School Crescent, Godshill, Ventnor, Isle Of Wight, PO38 3JL	£235,000	£230,000	-£5,000	05 Nov 2024	21 Feb 2025	108 Days
12 Castle Close, Ventnor, Isle Of Wight, PO38 1UD	£260,000	£255,000	-£5,000	02 Aug 2024	13 Feb 2025	195 Days
66 Gills Cliff Road, Ventnor, Isle Of Wight, PO38 1AD	£325,000	£300,000	-£25,000	29 Jul 2024	05 Feb 2025	191 Days
White Cottage, Military Road, Atherfield, Ventnor, Isle Of Wight, PO38 2JH	£845,000	£830,000	-£15,000	06 Jul 2024	30 Jan 2025	208 Days
5c, Worsley Road, Godshill, Ventnor, Isle Of Wight, PO38 3HT	£140,000	£110,000	-£30,000	25 Mar 2024	24 Jan 2025	305 Days
2 School Crescent, Godshill, Ventnor, Isle Of Wight, PO38 3HN	£200,000	£180,000	-£20,000	01 Jul 2024	17 Jan 2025	200 Days
37b, Madeira Road, Ventnor, Isle Of Wight, PO38 1QS	£300,000	£285,000	-£15,000	25 Sep 2023	18 Dec 2024	450 Days
Hadley, Whitwell Road, Ventnor, Isle Of Wight, PO38 1LJ	£550,000	£500,000	-£50,000	06 Aug 2024	18 Dec 2024	134 Days
Haddon Lake House, Old Park Road, St Lawrence, Ventnor, Isle Of Wight, PO38 1XR	£1,950,000	£680,000	-£1,270,000	16 Jun 2023	06 Dec 2024	539 Days
Bohemia Cottage, Merstone Lane, Rookley, Ventnor, Isle Of Wight, PO38 3NA	£850,000	£810,000	-£40,000	25 Jul 2024	02 Dec 2024	130 Days
The Cottage, Bonchurch Shute, Ventnor, Isle Of Wight, PO38 1NX	£350,000	£317,500	-£32,500	02 Sep 2024	29 Nov 2024	88 Days
Cherry Tree Cottage, Laceys Lane, Niton, Ventnor, Isle Of Wight, PO38 2DN	£275,000	£265,000	-£10,000	22 Jul 2024	29 Nov 2024	130 Days
29 Yarborough Close, Godshill, Ventnor, Isle Of Wight, PO38 3JH	£325,000	£320,000	-£5,000	17 Jun 2024	22 Nov 2024	158 Days
St Davids, St Johns Road, Wroxall, Ventnor, Isle Of Wight, PO38 3EH	£260,000	£250,000	-£10,000	08 Jan 2024	31 Oct 2024	297 Days
32 School Crescent, Godshill, Ventnor, Isle Of Wight, PO38 3JL	£285,000	£275,000	-£10,000	13 Sep 2023	25 Oct 2024	408 Days
74 Gills Cliff Road, Ventnor, Isle Of Wight, PO38 1AD	£350,000	£326,000	-£24,000	20 Mar 2024	24 Oct 2024	218 Days
4b, Worsley Road, Godshill, Ventnor, Isle Of Wight, PO38 3HT	£160,000	£130,000	-£30,000	18 Nov 2022	17 Oct 2024	699 Days
113 Leeson Road, Bonchurch, Ventnor, Isle Of Wight, PO38 1PU	£185,000	£185,000	£0	24 Jun 2024	08 Oct 2024	106 Days
The Inch, Newport Road, Niton, Ventnor, Isle Of Wight, PO38 2DG	£675,000	£625,000	-£50,000	09 Nov 2022	30 Sep 2024	691 Days
18 Coombe Park, Wroxall, Ventnor, Isle Of Wight, PO38 3PH	£330,000	£295,000	-£35,000	11 Apr 2024	03 Sep 2024	145 Days

Most Expensive Streets in PO38 (Ventnor)

Postcode	Street	Area	Average	No. of Sales
PO38 3JY	Bagwich Lane	Ventnor	£1,126,666	3
PO38 1RN	Shore Road	Ventnor	£1,063,166	3
PO38 1XR	Old Park Road	Ventnor	£925,000	4
PO38 1RQ	Bonchurch Village Road	Ventnor	£812,500	4
PO38 3JR	Sheepwash Lane	Ventnor	£808,333	3
PO38 1RG	Bonchurch Village Road	Ventnor	£726,863	3
PO38 2NQ	Sandrock Road	Ventnor	£675,000	5
PO38 2PP	Ashknowle Lane	Ventnor	£636,875	4
PO38 2LY	Undercliff Drive	Ventnor	£602,000	3
PO38 1UU	Fishers	Ventnor	£575,000	3

Least Expensive Streets in PO38 (Ventnor)

Postcode	Street	Area	Average	No. of Sales
PO38 1DU	Mitchell Avenue	Ventnor	£90,000	3
PO38 1RP	Westfield Bungalows, Madeira Road	Ventnor	£128,833	6
PO38 1AS	Cornwall Road	Ventnor	£129,375	4
PO38 1BN	South Street	Ventnor	£133,000	3
PO38 1LU	High Street	Ventnor	£141,750	4
PO38 1EU	Albert Street	Ventnor	£141,750	4
PO38 1EE	Alexandra Gardens	Ventnor	£143,000	3
PO38 1NL	Trinity Road	Ventnor	£144,550	9
PO38 1DS	Mitchell Avenue	Ventnor	£145,000	3
PO38 1LT	High Street	Ventnor	£150,166	6