Gate Lane - PO40 9PY
Key Postcode Insights
PO40 9PY is a residential postcode situated on Gate Lane, Freshwater, PO40 with 5 addresses.
It ranks as the 156th largest and 212th most expensive of the 537 postcodes in the PO40 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 3 houses and 2 flats.
- Ave. Sale Price
- £270,913
- 10 Year change
- up 34.2%
- Ave. Rental Price
- £1,456pcm
- 10 Year change
- up 45.2%
- Ave. £ per ft²
- £272/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Key Postcode Insights
PO40 9PY is a residential postcode situated on Gate Lane, Freshwater, PO40 with 5 addresses.
It ranks as the 156th largest and 212th most expensive of the 537 postcodes in the PO40 area. The most common property type is a period house built between 1800 and 1911.
The postcode contains a total of 5 properties: 3 houses and 2 flats.
- Ave. Sale Price
- £270,913
- 10 Year change
- up 34.2%
- Ave. Rental Price
- £1,456pcm
- 10 Year change
- up 45.2%
- Ave. £ per ft²
- £272/ft²
- Ave. Gross Yield
- 6.4%/year/yr
Explore Propertiesin PO40 9PY
- 1 Easton Cottages Gate Lane
4 Bed Period House
- 2 Easton Cottages Gate Lane
3 Bed House
- Beech Tree
3 Bed Mid-century House
- Flat 1 The Piano Cafe
Unknown
- The Wendy House
Unknown
Sales Market Trends
The last sale in PO40 9PY sold for £273,000 on 30th June 2017. Since then prices are up an average of 29.6%.
The current average value in the postcode is £270,913.
The PO40 9PY Sales Market has increased by 34.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.3% | £270,913 |
| June 2025 | -0.1% | £283,031 |
| June 2024 | -0.1% | £283,413 |
| June 2023 | -3.7% | £283,735 |
| June 2022 | 16.9% | £294,783 |
| June 2021 | 9.7% | £252,208 |
| June 2020 | 3.9% | £229,846 |
| June 2019 | 6.2% | £221,137 |
| June 2018 | -1.1% | £208,171 |
| June 2017 | 4.2% | £210,450 |
| June 2016 | 5% | £201,921 |
| June 2015 | 0.8% | £192,301 |
| June 2014 | 2.7% | £190,769 |
| June 2013 | -3.4% | £185,754 |
| June 2012 | 1.1% | £192,320 |
| June 2011 | -3.7% | £190,270 |
| June 2010 | 3.8% | £197,510 |
| June 2009 | -9.2% | £190,200 |
| June 2008 | -2.5% | £209,424 |
| June 2007 | 0% | £214,707 |
Rental Market Trends
The current average rental value in the postcode is £1,456.
The PO40 9PY Rental Market has increased by 45.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.7% | £1,456pcm |
| June 2025 | 2.1% | £1,417pcm |
| June 2024 | 8.4% | £1,387pcm |
| June 2023 | 7.7% | £1,280pcm |
| June 2022 | 9.1% | £1,188pcm |
| June 2021 | 6.1% | £1,089pcm |
| June 2020 | 0.9% | £1,027pcm |
| June 2019 | 2.4% | £1,018pcm |
| June 2018 | 1.1% | £994pcm |
| June 2017 | -1.9% | £983pcm |
| June 2016 | 5.3% | £1,003pcm |
| June 2015 | 4.4% | £952pcm |
| June 2014 | 5.8% | £912pcm |
| June 2013 | 1.3% | £862pcm |
| June 2012 | -1.3% | £851pcm |
| June 2011 | 6% | £863pcm |
| June 2010 | 8.1% | £814pcm |
| June 2009 | -3.1% | £753pcm |
| June 2008 | 3.8% | £777pcm |
| June 2007 | 0% | £748pcm |
Sales History
The last sale was on 30th June 2017 for £273,000 and since then the market in the area has increased by 29.6%. The postcode has had a total of 2 sales since 1995.
PO40 9PY has seen no sales in the last three years and no sales in the last twelve months.
Nearby Postcodes
PO40 9PY is the 156th largest and the 212th most expensive postcode out of the 537 postcodes in the PO40 area.
- PO40 9QB, Gate Lane, Freshwater, PO40PO40 9QB9 Addresses|47 m away
- PO40 9PZ, Guyers Road, Freshwater, PO40PO40 9PZ23 Addresses|56 m away
- PO40 9QJ, Blackbridge Road, Freshwater, PO40PO40 9QJ10 Addresses|75 m away
- PO40 9PX, Victoria Road, Freshwater, PO40PO40 9PX17 Addresses|110 m away
- PO40 9QL, Blackbridge Road, Freshwater, PO40PO40 9QL8 Addresses|118 m away
Property Types
- 1 period house built between 1800 and 1911
- 1 mid-century house built between 1936 and 1979
- 1 house of an unknown age
- 2 other addresses of unknown type
- period house (1)
- mid-century house (1)
- house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 2 properties.
- The most common rating is D.
- A (0)
- E (1)
- B (0)
- F (0)
- C (0)
- G (0)
- D (1)
- No EPC (3)
Top 3 Most Expensive Sales
- Sold May 2024£1,070,000 | 3 Bed FlatFlat 1, Havelock, Gate Lane, Freshwater, PO40 9QDFlat 1, Havelock, Gate Lane, Freshwater, PO40 9QD
- Sold May 2019£685,000 | 5 Bed HouseCambridge Lodge, Gate Lane, Freshwater, PO40 9QDCambridge Lodge, Gate Lane, Freshwater, PO40 9QD
- Sold Mar 2021£625,000 | 5 Bed HouseBlenheim House, Gate Lane, Freshwater, PO40 9QDBlenheim House, Gate Lane, Freshwater, PO40 9QD
Schools Nearby
- St Saviour's Catholic Primary School1.7 km away
- Freshwater & Yarmouth Church of England Aided Primary School3.7 km away
- Shalfleet Church of England Primary School6.4 km away
- Priestlands School9.2 km away
- The Arnewood School13.4 km away
- Carisbrooke College14.5 km away
More reading links
Public Transport Nearby
The closest station to PO40 9PY is Lymington Pier station, which is 9.5 kilometres away.
- Lymington Pier|9.5 km away
- Lymington Town|9.8 km away
- New Milton|13.5 km away
- Sway|14.0 km away
