14, Redlake Road
14, Redlake Road
Description & Estimates
14, Redlake Road, Freshwater is recorded publicly as a modern freehold house across 925 ft2 of internal area.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 14, Redlake Road, Freshwater is £299,876 and its rental estimate is £1,608 per month, given the available information and assuming reasonable condition.
Redlake Road, Freshwater, PO40 falls within the PO40 postal district.
Our Data Sources
14, Redlake Road, Freshwater has a single entry in the Land Registry from October 2024 and a single entry in the EPC database dated March 2024.
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 14, Redlake Road, Freshwater, we estimate a market value of £314,870 and a rental value of £1,688 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £278,885 and £1,495 per month respectively.
Recent Market Change
Over the last year, 14, Redlake Road, Freshwater has seen its estimated sale value move down by £12,765 (4.3%) and its estimated rental value increase by £64 per month (4.0%). This results in an estimated gross rental yield of 6.4%.
Energy Efficiency
14, Redlake Road, Freshwater has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Mar 2024.
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 14, Redlake Road, Freshwater completed on 30th October 2024 at £252,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 7.2% over the period since October 2024.
- Sold Oct 2024£252,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 14, Redlake Road, Freshwater have sold within a radius of 1.3 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 21 addresses on Redlake Road, Freshwater, PO40, 14, Redlake Road, Freshwater comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £48k less expensive than the average property across the PO40 district.
More reading links
Schools Nearby
- 2.1kmFreshwater & Yarmouth Church of England Aided Primary School
- 2.3kmSt Saviour's Catholic Primary School
- 5.5kmShalfleet Church of England Primary School
- 7.8kmPriestlands School
- 12.8kmThe Arnewood School
- 13.9kmCarisbrooke College
More reading links
Public Transport Nearby
From 14, Redlake Road, Freshwater, the nearest station is Lymington Pier, 7.9 kilometres away.
- 7.9kmLymington Pier
- 8.3kmLymington Town
- 12.7kmNew Milton
Available Internet Speeds
Internet coverage here is poor, based on recent Ofcom data, and connectivity may be weak or unavailable.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
