marketcodeSold price per m²
£3,229/m² 12 months to Mar 2026
146 sales
-1.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Postcode district
PO38 property market
Sold £3,229/m² · Median sold £310,480 (146 sales) · Index -1.1% y/y · Turnover 2.2% · 12 months, sales to Mar 2026, listings to Aug 2026
What is PO38?
- Buildings
- 5,356
- Mixed-use buildings
- 2.8%
- HMO-shaped units
- 1.0%
What does PO38 cost?
PO38: sold price per m² £3,229/m² (12 months to Mar 2026, 146 sales). -1.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sold price
£310,480 12 months to Mar 2026
146 sales
-1.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own carries the parent area's price rather than a measurement, and is not published with no sample.
Asking price
£284,662 12 months to Aug 2026
765 listings
-4.6% on the previous 12 months.
Sample is the dated listings that came to market in the latest month (added and reduced cohorts).
Settled months to Dec 2025; the dashed tail is the pipeline's projection of the index 12 months ahead, inside its 80% band. A projection of the index, not a forecast of any home's price.
ObservedForecast with intervalIndex points, not property prices
What does PO38 earn?
PO38: asking rent £1,158 a month (12 months to Jul 2026, 100 lets).
Asking rent
£1,158 a month 12 months to Jul 2026
100 lets
Gross yield, asking basis
4.4% 12 months to Aug 2026
185 lets
+14.1% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
How does PO38 vary by home size?
Asking price in PO38 runs from £191,292 for 2 bedrooms to £726,079 for 5+ bedrooms.
| Homes | Asking price | Window | Change | Listings |
|---|---|---|---|---|
| 1 bedroom | Not published | — | — | — |
| 2 bedrooms | £191,292 | 12 months to Aug 2026 | -11.1% on the previous 12 months | 277 |
| 3 bedrooms | £320,984 | 12 months to Aug 2026 | -1.3% on the previous 12 months | 295 |
| 4 bedrooms | £522,421 | 12 months to Aug 2026 | +4.4% on the previous 12 months | 121 |
| 5+ bedrooms | £726,079 | 12 months to Aug 2026 | — | 46 |
Asking price by bedroom band: the monthly medians of sale listings that came to market, weighted by their dated listings, over the last 12 observed months, from portal listings. A band with fewer than 30 dated listings in the year is not published.
How liquid is PO38?
PO38: turnover 2.2% (12 months to Dec 2025, 169 sales). +23.4% on the previous 12 months.
Turnover
2.2% 12 months to Dec 2025
169 sales
+23.4% on the previous 12 months.
Sample is the matched completed sales behind the latest month. A month in which this cohort recorded no sale of its own has a rate of zero by arithmetic rather than a measured rate, and is not published with no sample.
Completed sales
240 12 months to Jan 2026
240 sales
+45.5% on the previous 12 months.
Sample is the registry count itself; months within six months of the last ingest are still filling.
Listings for sale
329 12 months to Jul 2026
329 listings
Who is active in PO38?
26 agents listed homes for sale in PO38; the three largest took 41% of the listings.
- Agents active
- 26
- Top three agents’ share
- 41%
- New homes among listings
- 3.4%
days_to_completion is on the registry-matched subset (sold_matched_n), not a sell-through rate.
Who owns PO38?
Corporate landlords hold 65% of the 272 units in PO38 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords65% of classified · 178 units
- Housing associations21% of classified · 58 units
- Individuals (not traceable in bulk)9.2% of classified · 25 units
- RMC4.0% of classified · 11 units
Freeholder class per addressable unit, from HM Land Registry CCOD/OCOD matched to the title and Companies House. Individuals are counted, never itemised.
Where does PO38 rank?
PO38 ranks 5th of 10 postcode districts in Isle of Wight for sold price per m², at £3,229/m².
Sold price per m² · postcode districts in Isle of Wight
PO38 ranks 5th of 10 postcode districts in Isle of Wight for sold price per m², at £3,229/m².
| # | Area | Sold price per m² | Sample | Tier |
|---|---|---|---|---|
| 1 | PO35 | £4,280/m² | 69 | indicative |
| 2 | PO40 | £3,538/m² | 99 | measured |
| 3 | PO39 | £3,450/m² | 44 | indicative |
| 4 | PO31 | £3,436/m² | 184 | measured |
| 5 | PO38 | £3,229/m² | 146 | measured |
Full table: sold price per m² across postcode districts in Isle of Wight →
Gross yield, asking basis · postcode districts in Isle of Wight
PO38 ranks 5th of 11 postcode districts in Isle of Wight for gross yield, asking basis, at 4.4%.
| # | Area | Gross yield, asking basis | Sample |
|---|
Where next from PO38?
- Isle of WightThe wider market this area sits in.
- PO30Neighbouring postcode district · £2,943/m²
- PO31Neighbouring postcode district · £4,056/m²
- PO32Neighbouring postcode district · £2,890/m²
- PO33Neighbouring postcode district · £3,464/m²
- PO34Neighbouring postcode district · £5,501/m²
- PO35Neighbouring postcode district · £4,459/m²
- PO36Neighbouring postcode district · £2,744/m²
- PO37Neighbouring postcode district · £3,245/m²
- Homes for sale in PO38Live sale listings, the same place and cohort.
- Homes to rent in PO38Live lettings, the same place.
- Completed sales in PO38Registered completions, newest first.
- Planning applications in PO38Applications and decisions on record.
- Buildings in PO38Every building with its units, parcel and freeholder.
- Land in PO38Parcels, titles and adjacent ownership.
- Properties in PO38Every addressable home with its floor area, tenure and last sale.
- Estate agents in PO38Who actually lists here, ranked by volume over 12 months.
Questions about PO38
- What is the median house price in PO38?
- Homes in PO38 sold for a median £310,480 over the 12 months to Mar 2026, 146 sales. Per square metre that is £3,229/m². Registered completions, not asking prices.
- How have house prices in PO38 changed?
- -1.1% over the year to Dec 2025 by the house price index, which follows the same homes over time.
- What is the average rent in PO38?
- Homes to let in PO38 asked a median £1,158 a month over the 12 months to Jul 2026, 100 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in PO38?
- 4.4% on the asking basis: the asking rent times twelve over the asking sale price in the same listing cell, before costs, voids and finance, over the 12 months to Aug 2026, 185 lets. +14.1% on the previous 12 months.
- How quickly do homes sell in PO38?
- 2.2% of the homes in PO38 changed hands over the 12 months to Dec 2025, 169 sales.
Where these figures come from, and what is not published
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Sold price per m² | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Mar 2026 | Mar 2026 | 146 sales |
| Sold price | HM Land Registry Price Paid and portal listings, monthly rollup | 12 months to Mar 2026 | Mar 2026 | 146 sales |
| Asking price | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 765 listings |
| Asking price per m² | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 329 listings |
| Asking rent | MarketCode market evidence | 12 months to Jul 2026 | Jul 2026 | 100 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 185 lets |
| Turnover | MarketCode market evidence | 12 months to Dec 2025 | Dec 2025 | 169 sales |
| Completed sales | MarketCode market evidence | 12 months to Jan 2026 | Jan 2026 | 240 sales |
| Listings for sale | the area_facts listing rollup | 12 months to Jul 2026 | Jul 2026 | 329 listings |
| New listings | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 410 listings |
| Price reductions | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 355 listings |
| Live listings | MarketCode market evidence | on 20 Sep 2026 | 20 Sep 2026 | — |
- Asking to sold
- Only 1 observed month: the 12-month figure needs 6; the monthly line is drawn.
- Days to completion
Contains HM Land Registry data © Crown copyright and database right 2026. This data is licensed under the Open Government Licence v3.0.