Terrace Lane - PO40 9QE
Key Postcode Insights
PO40 9QE is a residential postcode situated on Terrace Lane, Freshwater, PO40 with 17 addresses.
It ranks as the 428th largest and 83rd most expensive of the 537 postcodes in the PO40 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 17 properties: 2 houses and 15 flats.
- Ave. Sale Price
- £204,692
- 10 Year change
- up 31.4%
- Ave. Rental Price
- £1,105pcm
- 10 Year change
- up 42.2%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Postcode Insights
PO40 9QE is a residential postcode situated on Terrace Lane, Freshwater, PO40 with 17 addresses.
It ranks as the 428th largest and 83rd most expensive of the 537 postcodes in the PO40 area. The most common property type is a modern flat built after 1980.
The postcode contains a total of 17 properties: 2 houses and 15 flats.
- Ave. Sale Price
- £204,692
- 10 Year change
- up 31.4%
- Ave. Rental Price
- £1,105pcm
- 10 Year change
- up 42.2%
- Ave. £ per ft²
- £384/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Sales Market Trends
The last sale in PO40 9QE sold for £138,000 on 4th December 2024. Since then prices are down an average of 4.0%.
The current average value in the postcode is £204,692.
The PO40 9QE Sales Market has increased by 31.4% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £204,692 |
| June 2025 | 0.2% | £213,608 |
| June 2024 | -0.1% | £213,278 |
| June 2023 | -4.1% | £213,432 |
| June 2022 | 16.6% | £222,650 |
| June 2021 | 9.1% | £190,966 |
| June 2020 | 3.6% | £174,982 |
| June 2019 | 6% | £168,979 |
| June 2018 | -1.3% | £159,347 |
| June 2017 | 3.7% | £161,418 |
| June 2016 | 4.9% | £155,722 |
| June 2015 | 1.2% | £148,496 |
| June 2014 | 2.6% | £146,678 |
| June 2013 | -3.2% | £142,912 |
| June 2012 | 1.6% | £147,685 |
| June 2011 | -4% | £145,309 |
| June 2010 | 3.8% | £151,409 |
| June 2009 | -9.9% | £145,826 |
| June 2008 | -2.4% | £161,760 |
| June 2007 | 0% | £165,716 |
Rental Market Trends
The current average rental value in the postcode is £1,105.
The PO40 9QE Rental Market has increased by 42.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,105pcm |
| June 2025 | 2.4% | £1,074pcm |
| June 2024 | 8.4% | £1,049pcm |
| June 2023 | 7.3% | £967pcm |
| June 2022 | 8.8% | £902pcm |
| June 2021 | 5.5% | £828pcm |
| June 2020 | 0.5% | £785pcm |
| June 2019 | 2.2% | £781pcm |
| June 2018 | 0.9% | £764pcm |
| June 2017 | -2.5% | £758pcm |
| June 2016 | 5.2% | £777pcm |
| June 2015 | 4.8% | £738pcm |
| June 2014 | 5.7% | £704pcm |
| June 2013 | 1.5% | £666pcm |
| June 2012 | -0.8% | £656pcm |
| June 2011 | 5.6% | £662pcm |
| June 2010 | 8.1% | £627pcm |
| June 2009 | -3.8% | £580pcm |
| June 2008 | 3.9% | £603pcm |
| June 2007 | 0% | £580pcm |
Sales History
The last sale was on 4th December 2024 for £138,000 and since then the market in the area has decreased by 4.0%. The postcode has had a total of 21 sales since 1995.
PO40 9QE has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold Dec 2024£138,000 | 2 Bed FlatFlat 4, Bayclose, Terrace Lane, Freshwater, PO40 9QEFlat 4, Bayclose, Terrace Lane, Freshwater, PO40 9QE
- Sold Dec 2021£152,000 | 2 Bed FlatFlat 2, Bayclose, Terrace Lane, Freshwater, PO40 9QEFlat 2, Bayclose, Terrace Lane, Freshwater, PO40 9QE
- Sold Nov 2021£240,000 | 2 Bed FlatFlat 10, Bayclose, Terrace Lane, Freshwater, PO40 9QEFlat 10, Bayclose, Terrace Lane, Freshwater, PO40 9QE
- Sold Jun 2021£134,500 | 2 Bed FlatFlat 3, Bayclose, Terrace Lane, Freshwater, PO40 9QEFlat 3, Bayclose, Terrace Lane, Freshwater, PO40 9QE
- Sold Oct 2018£129,000 | 2 Bed FlatFlat 8, Bayclose, Terrace Lane, Freshwater, PO40 9QEFlat 8, Bayclose, Terrace Lane, Freshwater, PO40 9QE
Nearby Postcodes
PO40 9QE is the 428th largest and the 83rd most expensive postcode out of the 537 postcodes in the PO40 area.
- PO40 9QD, Gate Lane, Freshwater, PO40PO40 9QD21 Addresses|54 m away
- PO40 9QF, Terrace Lane, Freshwater, PO40PO40 9QF5 Addresses|80 m away
- PO40 9QB, Gate Lane, Freshwater, PO40PO40 9QB9 Addresses|105 m away
- PO40 9RD, Gate Lane, Freshwater, PO40PO40 9RD12 Addresses|111 m away
- PO40 9QH, The Square, Freshwater, PO40PO40 9QH25 Addresses|122 m away
Property Types
- 6 period flats built between 1800 and 1911
- 10 modern flats built after 1980
- 1 other address of unknown type
- period flat (6)
- modern flat (10)
- Unknown (1)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 15 properties.
- The most common rating is C.
- A (0)
- E (0)
- B (3)
- F (1)
- C (8)
- G (0)
- D (3)
- No EPC (2)
Top 3 Most Expensive Sales
- Sold Oct 2017£545,000 | 4 Bed HouseSouthlands, Terrace Lane, Freshwater, PO40 9QFSouthlands, Terrace Lane, Freshwater, PO40 9QF
- Sold May 2018£290,000 | 3 Bed FlatFlat 1, The Pannells, Terrace Lane, Freshwater, PO40 9QEFlat 1, The Pannells, Terrace Lane, Freshwater, PO40 9QE
- Sold Nov 2021£240,000 | 2 Bed FlatFlat 10, Bayclose, Terrace Lane, Freshwater, PO40 9QEFlat 10, Bayclose, Terrace Lane, Freshwater, PO40 9QE
Schools Nearby
- St Saviour's Catholic Primary School1.8 km away
- Freshwater & Yarmouth Church of England Aided Primary School3.7 km away
- Shalfleet Church of England Primary School6.4 km away
- Priestlands School9.4 km away
- The Arnewood School13.6 km away
- Carisbrooke College14.4 km away
More reading links
Public Transport Nearby
The closest station to PO40 9QE is Lymington Pier station, which is 9.6 kilometres away.
- Lymington Pier|9.6 km away
- Lymington Town|10.0 km away
- New Milton|13.6 km away
- Sway|14.1 km away
