15, Meadows Way
15, Meadows Way
Description & Estimates
According to the public record, 15, Meadows Way, Freshwater is a modern freehold house with 1,926 ft2 of internal area and sits on a 499 m2 plot.
Houses of this size in this area normally have 4 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 15, Meadows Way, Freshwater is £574,264 and the estimated rental value is £2,080 per month.
Meadows Way, Freshwater, PO40 is located within the PO40 postal district.
Our Data Sources
15, Meadows Way, Freshwater has 2 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated February 2022.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 15, Meadows Way, Freshwater is in very good condition we estimate a sale value of £602,977 and a rental value of £2,184 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £534,065 and a rental value of £1,934 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 15, Meadows Way, Freshwater has fallen by £31,781 (5.5%), while its estimated rental value has moved up by £53 per month (2.6%). Based on current estimates, the property offers a gross rental yield of 4.3%.
Plot Size
According to data from HM Land Registry, 15, Meadows Way, Freshwater sits on a plot of 499 m2.
We have plot size data on 12 out of 17 other houses in the postcode and 15, Meadows Way, Freshwater sits on the 9th largest plot.
Energy Efficiency
15, Meadows Way, Freshwater has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 18 Feb 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 15, Meadows Way, Freshwater was last sold on 22nd May 2024 for £575,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has dropped by 6.9%.
- Sold May 2024£575,000
- Sold Jun 2021£540,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 15, Meadows Way, Freshwater within a radius of 890 metres over the last 2 years.
The most recent example is 11, Meadows Way, Freshwater, PO40 9GF, a freehold house which sold for £636,000 on the 30th September 2021.
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
Meadows Way, Freshwater, PO40 has a total of 21 addresses. According to our analysis of all the public data, 15, Meadows Way, Freshwater is the 2nd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £227k more expensive than the average property in PO40.
More reading links
Schools Nearby
- 1.5kmSt Saviour's Catholic Primary School
- 2.9kmFreshwater & Yarmouth Church of England Aided Primary School
- 6.3kmMilford-on-Sea Church of England Primary School
- 7.2kmPriestlands School
- 11.5kmThe Arnewood School
- 14.8kmHighcliffe School
More reading links
Public Transport Nearby
The closest station to 15, Meadows Way, Freshwater is Lymington Pier station, which is 7.6 kilometres away.
- 7.6kmLymington Pier
- 7.9kmLymington Town
- 11.5kmNew Milton
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
