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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
Lucerne, Gate Lane, Freshwater, PO40 9QD
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Lucerne Gate LaneHouse Prices / South East, Isle of Wight, Gate Lane, PO40 9QD
Last updated Jun 2026
Key Building Insights
Lucerne Gate Lane is a residential building situated on Gate Lane, Freshwater, PO40 with 2 addresses.
It ranks as the 60th largest and 187th most expensive of the 259 buildings in the PO40 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
Key Building Insights
Lucerne Gate Lane is a residential building situated on Gate Lane, Freshwater, PO40 with 2 addresses.
It ranks as the 60th largest and 187th most expensive of the 259 buildings in the PO40 area. The dominant property type is a period flat built between 1800 and 1911.
The building contains a total of 2 properties: 2 flats.
2
Properties
- Flats
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House Pricesin Lucerne Gate Lane
Sale prices range from £182,269 for 2 bedroom leasehold flats with a garden (656 ft2) to £245,029 for 3 bedroom leasehold flats (1,140 ft2) .
Monthly rental prices range from £1,036 pcm for 2 bed flats to £1,269 pcm for 3 bed flats.
The gross rental yield is between 6.2% and 6.8%.
The average value per square foot is £246.
Average Sale Value
£213,649
Average Rental Value
£1,152 pcm
Average Rental Yield
6.5% /year
Average Value Per Sqft
£246 /ft2
Sales Market Trendsin Lucerne Gate Lane
The last sale in Lucerne Gate Lane sold for £185,000 on 28th April 2006. Since then prices are down an average of 0.0%.
The current average value in the building is £213,649.
The Lucerne Gate Lane Sales Market has increased by 23.6% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -6.1% | £213,649 |
| May 2025 | 0.7% | £227,527 |
| May 2024 | -1.1% | £225,842 |
| May 2023 | -3.5% | £228,371 |
| May 2022 | 15.2% | £236,734 |
| May 2021 | 8.5% | £205,572 |
| May 2020 | 2.2% | £189,477 |
| May 2019 | 6% | £185,340 |
| May 2018 | -2.8% | £174,900 |
| May 2017 | 4.2% | £180,014 |
| May 2016 | 3.7% | £172,814 |
| May 2015 | 1.1% | £166,633 |
| May 2014 | 2.5% | £164,766 |
| May 2013 | -3.2% | £160,713 |
| May 2012 | 0.8% | £165,950 |
| May 2011 | -4.5% | £164,701 |
| May 2010 | 2.5% | £172,552 |
| May 2009 | -8.8% | £168,374 |
| May 2008 | -0.7% | £184,519 |
| May 2007 | 0% | £185,885 |
Rental Market Trendsin Lucerne Gate Lane
The current average rental value in the building is £1,152.
The Lucerne Gate Lane Rental Market has increased by 35.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 1.9% | £1,152pcm |
| May 2025 | 2.5% | £1,130pcm |
| May 2024 | 9.2% | £1,102pcm |
| May 2023 | 6.7% | £1,010pcm |
| May 2022 | 7.1% | £946pcm |
| May 2021 | 4.5% | £883pcm |
| May 2020 | 0.7% | £846pcm |
| May 2019 | 1.9% | £840pcm |
| May 2018 | -0.9% | £824pcm |
| May 2017 | -2.5% | £832pcm |
| May 2016 | 4.9% | £853pcm |
| May 2015 | 4.2% | £813pcm |
| May 2014 | 5.5% | £780pcm |
| May 2013 | 1.4% | £739pcm |
| May 2012 | -1.2% | £729pcm |
| May 2011 | 5.1% | £738pcm |
| May 2010 | 5.9% | £702pcm |
| May 2009 | -2.1% | £663pcm |
| May 2008 | 4.4% | £677pcm |
| May 2007 | 0% | £648pcm |
Explore Propertiesin Lucerne, Gate Lane, Freshwater, PO40 9QD
Sales Historyin Lucerne, Gate Lane, Freshwater, PO40 9QD
The last sale was on 28th April 2006 for £185,000 and since then the market in the area has remained stable. The building has had a total of 3 sales since 1995.
Lucerne, Gate Lane, Freshwater, PO40 9QD has seen no sales in the last three years and no sales in the last twelve months.
Property Typesin Lucerne Gate Lane
- 2 period flats built between 1800 and 1911
- period flat (2)
Energy Efficiencyof properties in Lucerne Gate Lane
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The dominant rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (0)
Top 3 Most Expensive Saleson Gate Lane, Freshwater, PO40
Schools Nearbyto Lucerne, Gate Lane, Freshwater, PO40 9QD
The nearest primary school to Lucerne, Gate Lane, Freshwater, PO40 9QD is St Saviour's Catholic Primary School which is 1.8 kilometres away.
- 1.8kmSt Saviour's Catholic Primary School
- 3.7kmFreshwater & Yarmouth Church of England Aided Primary School
- 6.4kmShalfleet Church of England Primary School
The nearest secondary school is Priestlands School which is 9.3 kilometres away.
- 9.3kmPriestlands School
- 13.5kmThe Arnewood School
- 14.4kmCarisbrooke College
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Public Transport Nearbyto Lucerne, Gate Lane, Freshwater, PO40 9QD
The closest station to Lucerne, Gate Lane, Freshwater, PO40 9QD is Lymington Pier station which is 9.5 kilometres away.
- 9.5kmLymington Pier
- 9.9kmLymington Town
- 13.6kmNew Milton
- 14.1kmSway
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