Gate Lane - PO40 9RD
Key Postcode Insights
PO40 9RD is a residential postcode situated on Gate Lane, Freshwater, PO40 with 12 addresses.
It ranks as the 356th largest and 130th 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 12 properties: 3 houses and 9 flats.
- Ave. Sale Price
- £265,830
- 10 Year change
- up 33.1%
- Ave. Rental Price
- £1,215pcm
- 10 Year change
- up 44.0%
- Ave. £ per ft²
- £303/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Key Postcode Insights
PO40 9RD is a residential postcode situated on Gate Lane, Freshwater, PO40 with 12 addresses.
It ranks as the 356th largest and 130th 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 12 properties: 3 houses and 9 flats.
- Ave. Sale Price
- £265,830
- 10 Year change
- up 33.1%
- Ave. Rental Price
- £1,215pcm
- 10 Year change
- up 44.0%
- Ave. £ per ft²
- £303/ft²
- Ave. Gross Yield
- 5.5%/year/yr
Explore Propertiesin PO40 9RD
- Bay Sound
3 Bed Mid-century House
- Hazelhurst
Modern Building | 9 Units
- Sutton Cottage
Unknown
- Windrush
Unknown
Sales Market Trends
The last sale in PO40 9RD sold for £182,000 on 9th October 2025. Since then prices are down an average of 2.2%.
The current average value in the postcode is £265,830.
The PO40 9RD Sales Market has increased by 33.1% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | -4.2% | £265,830 |
| June 2025 | -0.1% | £277,354 |
| June 2024 | -0.3% | £277,609 |
| June 2023 | -3.7% | £278,403 |
| June 2022 | 16.8% | £289,204 |
| June 2021 | 9.4% | £247,519 |
| June 2020 | 3.7% | £226,203 |
| June 2019 | 6.1% | £218,121 |
| June 2018 | -1% | £205,592 |
| June 2017 | 4% | £207,741 |
| June 2016 | 5.2% | £199,772 |
| June 2015 | 0.8% | £189,872 |
| June 2014 | 2.8% | £188,366 |
| June 2013 | -3.3% | £183,157 |
| June 2012 | 1.2% | £189,379 |
| June 2011 | -3.9% | £187,179 |
| June 2010 | 3.2% | £194,803 |
| June 2009 | -9.3% | £188,800 |
| June 2008 | -2.5% | £208,191 |
| June 2007 | 0% | £213,619 |
Rental Market Trends
The current average rental value in the postcode is £1,215.
The PO40 9RD Rental Market has increased by 44.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2.8% | £1,215pcm |
| June 2025 | 2.2% | £1,181pcm |
| June 2024 | 8.2% | £1,156pcm |
| June 2023 | 7.7% | £1,069pcm |
| June 2022 | 9.1% | £992pcm |
| June 2021 | 5.8% | £909pcm |
| June 2020 | 0.7% | £860pcm |
| June 2019 | 2.3% | £854pcm |
| June 2018 | 1.1% | £835pcm |
| June 2017 | -2.1% | £826pcm |
| June 2016 | 5.5% | £844pcm |
| June 2015 | 4.3% | £800pcm |
| June 2014 | 5.9% | £766pcm |
| June 2013 | 1.5% | £723pcm |
| June 2012 | -1.3% | £713pcm |
| June 2011 | 5.7% | £722pcm |
| June 2010 | 7.4% | £683pcm |
| June 2009 | -3.3% | £635pcm |
| June 2008 | 3.7% | £657pcm |
| June 2007 | 0% | £633pcm |
Sales History
The last sale was on 9th October 2025 for £182,000 and since then the market in the area has decreased by 2.2%. The postcode has had a total of 23 sales since 1995.
PO40 9RD has seen 2 sales in the last three years and 1 sale in the last twelve months.
- Sold Oct 2025£182,000 | 2 Bed FlatFlat 5, Hazelhurst, Gate Lane, Freshwater, PO40 9RDFlat 5, Hazelhurst, Gate Lane, Freshwater, PO40 9RD
- Sold Sep 2023£200,000 | 2 Bed FlatFlat 8, Hazelhurst, Gate Lane, Freshwater, PO40 9RDFlat 8, Hazelhurst, Gate Lane, Freshwater, PO40 9RD
- Sold Aug 2022£550,000 | 3 Bed HouseBay Sound, Gate Lane, Freshwater, PO40 9RDBay Sound, Gate Lane, Freshwater, PO40 9RD
- Sold Jun 2022£260,000 | 2 Bed FlatFlat 1, Hazelhurst, Gate Lane, Freshwater, PO40 9RDFlat 1, Hazelhurst, Gate Lane, Freshwater, PO40 9RD
- Sold Jun 2021£290,000 | 2 Bed FlatFlat 1, Hazelhurst, Gate Lane, Freshwater, PO40 9RDFlat 1, Hazelhurst, Gate Lane, Freshwater, PO40 9RD
Nearby Postcodes
PO40 9RD is the 356th largest and the 130th most expensive postcode out of the 537 postcodes in the PO40 area.
- PO40 9QG, The Square, Freshwater, PO40PO40 9QG5 Addresses|28 m away
- PO40 9QD, Gate Lane, Freshwater, PO40PO40 9QD21 Addresses|81 m away
- PO40 9QQ, The Square, Freshwater, PO40PO40 9QQ6 Addresses|85 m away
- PO40 9QH, The Square, Freshwater, PO40PO40 9QH25 Addresses|101 m away
- PO40 9QE, Terrace Lane, Freshwater, PO40PO40 9QE17 Addresses|111 m away
Property Types
- 9 modern flats built after 1980
- 1 mid-century house built between 1936 and 1979
- 2 other addresses of unknown type
- modern flat (9)
- mid-century house (1)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 10 properties.
- The most common rating is B.
- A (0)
- E (1)
- B (9)
- F (0)
- C (0)
- G (0)
- D (0)
- No EPC (2)
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 School1.9 km away
- Freshwater & Yarmouth Church of England Aided Primary School3.7 km away
- Shalfleet Church of England Primary School6.3 km away
- Priestlands School9.4 km away
- The Arnewood School13.6 km away
- Carisbrooke College14.3 km away
More reading links
Public Transport Nearby
The closest station to PO40 9RD is Lymington Pier station, which is 9.6 kilometres away.
- Lymington Pier|9.6 km away
- Lymington Town|10.0 km away
- New Milton|13.7 km away
- Sway|14.2 km away
