12, Parkway
12, Parkway
Description & Estimates
12, Parkway, Freshwater is recorded publicly as a mid-century freehold house across 882 ft2 of internal area, sitting on a 515 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 12, Parkway, Freshwater is £293,842 and its rental estimate is £1,595 per month, given the available information and assuming reasonable condition.
Parkway, Freshwater, PO40 falls within the PO40 postal district.
Our Data Sources
12, Parkway, Freshwater has 31 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated March 2018.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 12, Parkway, Freshwater, we estimate a market value of £308,534 and a rental value of £1,675 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £273,273 and £1,484 per month respectively.
Recent Market Change
Over the last year, 12, Parkway, Freshwater has seen its estimated sale value decline by £12,508 (4.3%) and its estimated rental value climb by £63 per month (4.0%). This results in an estimated gross rental yield of 6.5%.
Plot Size
HM Land Registry records the plot of land for 12, Parkway, Freshwater as measuring 515 m2.
That makes it the 12th largest plot in the postcode, where 25 of the 29 other houses have recorded plot data.
Energy Efficiency
12, Parkway, Freshwater has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 Mar 2018.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 12, Parkway, Freshwater completed on 25th January 2019 at £260,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have risen by 54.7% over the period since January 2019.
- Sold Jan 2019£260,000
- Sold Jul 1998£68,000
- Sold Feb 1996£51,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 12, Parkway, Freshwater have sold within a radius of 1.1 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 28th March 2024, was 3, Parkway, Freshwater, PO40 9DQ, a freehold house which sold for £190,000.
Read more about house prices in PO40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 54 addresses on Parkway, Freshwater, PO40, 12, Parkway, Freshwater comes out as the 12th largest and the 25th most expensive in our analysis of the public data.
It is also £54k less expensive than the average property across the PO40 district.
More reading links
Schools Nearby
- 2.1kmSt Saviour's Catholic Primary School
- 2.3kmFreshwater & Yarmouth Church of England Aided Primary School
- 5.8kmShalfleet Church of England Primary School
- 7.8kmPriestlands School
- 12.6kmThe Arnewood School
- 14.2kmCarisbrooke College
More reading links
Public Transport Nearby
From 12, Parkway, Freshwater, the nearest station is Lymington Pier, 8.0 kilometres away.
- 8.0kmLymington Pier
- 8.4kmLymington Town
- 12.6kmNew Milton
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
