Groves CloseHouse Prices / South East, Isle of Wight
Key Street Insights
Groves Close is a residential street with 3 addresses.
It ranks as the 13th largest and 22nd most expensive of the 252 streets in the PO40 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 3 properties: 3 houses.
- Houses
Key Street Insights
Groves Close is a residential street with 3 addresses.
It ranks as the 13th largest and 22nd most expensive of the 252 streets in the PO40 area. The dominant property type is a mid-century house built between 1936 and 1979.
The street contains a total of 3 properties: 3 houses.
- Houses
House Priceson Groves Close
Sale prices range from £187,903 for 2 bedroom freehold houses with a garden (559 ft2) to £206,716 for 3 bedroom freehold houses with a garden (617 ft2) .
Monthly rental prices range from £1,164 pcm for 2 bed houses to £1,298 pcm for 3 bed houses.
The gross rental yield is between 7.4% and 7.5%.
The average value per square foot is £334.
Sales Market Trendson Groves Close
The last sale on Groves Close sold for £127,000 on 5th July 2011. Since then prices are up an average of 55.7%.
The current average value in the street is £197,022.
The Groves Close Sales Market has increased by 42.0% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | -3.3% | £197,022 |
| May 2025 | 3.4% | £203,730 |
| May 2024 | -2.8% | £196,948 |
| May 2023 | -2.2% | £202,683 |
| May 2022 | 18.4% | £207,256 |
| May 2021 | 8.7% | £174,990 |
| May 2020 | 2.3% | £160,964 |
| May 2019 | 6.8% | £157,322 |
| May 2018 | 0.1% | £147,304 |
| May 2017 | 6% | £147,106 |
| May 2016 | 5.2% | £138,718 |
| May 2015 | 1.1% | £131,913 |
| May 2014 | 2.9% | £130,430 |
| May 2013 | -2.2% | £126,698 |
| May 2012 | 1.5% | £129,589 |
| May 2011 | -3.8% | £127,731 |
| May 2010 | 4.4% | £132,750 |
| May 2009 | -10.4% | £127,216 |
| May 2008 | -2.7% | £141,987 |
| May 2007 | 0% | £145,856 |
Rental Market Trendson Groves Close
The current average rental value in the street is £1,226.
The Groves Close Rental Market has increased by 55.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| May 2026 | 5% | £1,226pcm |
| May 2025 | 5.3% | £1,168pcm |
| May 2024 | 7.3% | £1,110pcm |
| May 2023 | 8.2% | £1,034pcm |
| May 2022 | 10.2% | £956pcm |
| May 2021 | 4.7% | £868pcm |
| May 2020 | 0.8% | £829pcm |
| May 2019 | 2.7% | £823pcm |
| May 2018 | 2.1% | £801pcm |
| May 2017 | -0.7% | £785pcm |
| May 2016 | 6.4% | £790pcm |
| May 2015 | 4.2% | £743pcm |
| May 2014 | 6% | £713pcm |
| May 2013 | 2.4% | £673pcm |
| May 2012 | -0.6% | £657pcm |
| May 2011 | 6% | £661pcm |
| May 2010 | 7.9% | £623pcm |
| May 2009 | -3.8% | £578pcm |
| May 2008 | 2.4% | £601pcm |
| May 2007 | 0% | £587pcm |
Explore Propertieson Groves Close, Freshwater, PO40
Sales Historyon Groves Close, Freshwater, PO40
The last sale was on 5th July 2011 for £127,000 and since then the market in the area has increased by 55.7%. The street has had a total of 4 sales since 1995.
Groves Close, Freshwater, PO40 has seen no sales in the last three years and no sales in the last twelve months.
Top 3 Most Expensive Saleson Groves Close, Freshwater, PO40
Nearby Streetsto Groves Close, Freshwater, PO40
Groves Close, Freshwater, PO40 is the 13th largest and the 22nd most expensive street in the PO40 area.
- 61 mArnhem Road, Freshwater, PO4030 Addresses
- 91 mSilcombe Lane, Freshwater, PO4031 Addresses
- 117 mHeathfield Road, Freshwater, PO4064 Addresses
- 126 mSt. Andrews Way, Freshwater, PO4023 Addresses
- 144 mThe Sheilings, Freshwater, PO4016 Addresses
- 162 mBound Road, Freshwater, PO4019 Addresses
Postcodeson Groves Close, Freshwater, PO40
There is 1 postcode on Groves Close, Freshwater, PO40.
- House prices in PO40 9LR3 Addresses
Property Typesin Groves Close
- 3 mid-century houses built between 1936 and 1979
- mid-century house (3)
Energy Efficiencyof properties on Groves Close
- Energy Performance Certificate (EPC) surveys conducted for 3 properties.
- The dominant rating is D.
- A (0)
- E (0)
- B (0)
- F (1)
- C (0)
- G (0)
- D (2)
- No EPC (0)
Schools Nearby
- 1.4kmSt Saviour's Catholic Primary School
- 2.8kmFreshwater & Yarmouth Church of England Aided Primary School
- 6.6kmShalfleet Church of England Primary School
- 7.6kmPriestlands School
- 11.9kmThe Arnewood School
- 15.0kmCarisbrooke College
More reading links
Public Transport Nearby
The closest station to Groves Close, Freshwater, PO40 is Lymington Pier station, which is 8.0 kilometres away.
- 8.0kmLymington Pier
- 8.3kmLymington Town
- 12.0kmNew Milton
