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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
According to the public record, 2, Coles Close, Freshwater is a modern freehold house with 721 ft2 of internal area and sits on a 408 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Coles Close, Freshwater is £280,549 and the estimated rental value is £1,482 per month.
Coles Close, Freshwater, PO40 is located within the PO40 postal district.
2, Coles Close, Freshwater has a single entry in the Land Registry from June 2012 and a single entry in the EPC database dated May 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium accuracy.
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 2, Coles Close, Freshwater is in very good condition we estimate a sale value of £294,577 and a rental value of £1,556 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £260,911 and a rental value of £1,378 per month.
Over the last 12 months the sale value of 2 Coles Close Freshwater has decreased by an estimated £8,783 (3.1%) and its rental value has increased by an estimated £66 per month (4.5%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 2, Coles Close, Freshwater sits on a plot of 408m2.
We have plot size data on 8 out of 8 other houses in the postcode and 2, Coles Close, Freshwater sits on the largest plot.
2, Coles Close, Freshwater has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 18 May 2012.
The property is not connected to mains gas and has single glazed windows. It is heated using Boiler and radiators, LPG.
According to HM Land Registry, 2, Coles Close, Freshwater was last sold on 22nd June 2012 for £200,000 and was recorded as a freehold house.
The property has only had this single sale since 1995.
Since June 2012, the market for similar properties has risen 81.3%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Coles Close, Freshwater within a radius of 850 metres over the last 2 years.
The most recent example is 26, Hurst Point View, Totland Bay, PO39 0AQ, a freehold house which sold for £295,000 on the 18th August 2023.
Read more about house prices in PO40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Coles Close, Freshwater, PO40 has a total of 8 addresses. According to our analysis of all the public data, 2, Coles Close, Freshwater is the 5th largest and the 5th most expensive property on the street.
When compared to the postcode district it is £70k less expensive than the average property in PO40.
The closest station to 2, Coles Close, Freshwater is Lymington Pier station which is 7.9 kilometres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
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The recent census recorded whether a resident owned or rented their home.
In the area around 2, Coles Close, Freshwater, 54.0% of property is privately owned outright and 32.8% is privately rented.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 2, Coles Close, Freshwater, 4.6% of residents are recorded as possessing school level qualifications and 22.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Coles Close, Freshwater, the average age was 53.6 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 2, Coles Close, Freshwater, 2.6% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 2, Coles Close, Freshwater, there are an average of 1.2 cars per household.
See below for how this compares to South East and the rest of England & Wales.
