marketcodeAsking rent
£1,008 a month 12 months to Jun 2026
42 lets
Postcode district
PO40 rental market
Asking rent £1,008 a month · Gross yield 4.1% · 12 months, listings to Aug 2026
What is PO40?
- Buildings
- 2,522
- Mixed-use buildings
- 2.1%
- HMO-shaped units
- 0.0%
What does PO40 earn?
PO40: asking rent £1,008 a month (12 months to Jun 2026, 42 lets).
Gross yield, asking basis
4.1% 12 months to Aug 2026
84 lets
-11.3% on the previous 12 months.
Sample is the dated lettings behind the latest month's rent cell.
Homes to rent
7 on 20 Sep 2026
Who owns PO40?
Corporate landlords hold 57% of the 115 units in PO40 whose freeholder is classified; 97% of all units are not yet classified.
- Corporate landlords57% of classified · 66 units
- Housing associations25% of classified · 29 units
- RMC10% of classified · 12 units
- Individuals (not traceable in bulk)7.0% of classified · 8 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 PO40 rank?
PO40 ranks 6th of 9 postcode districts in Isle of Wight for asking rent, at £1,008 a month.
Asking rent · postcode districts in Isle of Wight
PO40 ranks 6th of 9 postcode districts in Isle of Wight for asking rent, at £1,008 a month.
| # | Area | Asking rent | Sample | Tier |
|---|---|---|---|---|
| 1 | PO35 | £1,384 a month | 33 | indicative |
| 2 | PO38 | £1,158 a month | 100 | measured |
| 3 | PO31 | £1,137 a month | 158 | measured |
| 4 | PO32 | £1,081 a month | 80 | indicative |
| 5 | PO30 | £1,027 a month | 192 | measured |
| 6 | PO40 | £1,008 a month | 42 | indicative |
Full table: asking rent across postcode districts in Isle of Wight →
Gross yield, asking basis · postcode districts in Isle of Wight
PO40 ranks 9th of 11 postcode districts in Isle of Wight for gross yield, asking basis, at 4.1%.
Where next from PO40?
- 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
- SO41Next door, in another authority · £5,948/m²
- Homes for sale in PO40Live sale listings, the same place and cohort.
- Homes to rent in PO40Live lettings, the same place.
- Completed sales in PO40Registered completions, newest first.
- Planning applications in PO40Applications and decisions on record.
- Buildings in PO40Every building with its units, parcel and freeholder.
- Land in PO40Parcels, titles and adjacent ownership.
- Properties in PO40Every addressable home with its floor area, tenure and last sale.
- Estate agents in PO40Who actually lists here, ranked by volume over 12 months.
Questions about PO40
- What is the average rent in PO40?
- Homes to let in PO40 asked a median £1,008 a month over the 12 months to Jun 2026, 42 lets. Asking rent, not the rent agreed.
- What is the gross rental yield in PO40?
- 4.1% 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, 84 lets. -11.3% on the previous 12 months.
Where these figures come from
| Figure | Dataset | Window | Last month | Sample |
|---|---|---|---|---|
| Asking rent | MarketCode market evidence | 12 months to Jun 2026 | Jun 2026 | 42 lets |
| Gross yield, asking basis | MarketCode market evidence | 12 months to Aug 2026 | Aug 2026 | 84 lets |
| Homes to rent | portal listings; observed forwards from 5 Sep 2026 | on 20 Sep 2026 | 20 Sep 2026 | — |