21, Redlake Road
21, Redlake Road
Description & Estimates
21, Redlake Road, Freshwater is recorded publicly as a mid-century freehold house across 624 ft2 of internal area, sitting on a 292 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 21, Redlake Road, Freshwater is £245,485 and its rental estimate is £1,440 per month, given the available information and assuming reasonable condition.
Redlake Road, Freshwater, PO40 falls within the PO40 postal district.
Our Data Sources
21, Redlake Road, Freshwater has a single entry in the Land Registry from July 2016 and a single entry in the EPC database dated May 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
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 21, Redlake Road, Freshwater, we estimate a market value of £257,760 and a rental value of £1,512 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £228,301 and £1,339 per month respectively.
Recent Market Change
Over the last year, 21, Redlake Road, Freshwater has seen its estimated sale value decline by £10,450 (4.3%) and its estimated rental value climb by £57 per month (4.0%). This results in an estimated gross rental yield of 7.0%.
Plot Size
HM Land Registry records the plot of land for 21, Redlake Road, Freshwater as measuring 292 m2.
That makes it the 19th largest plot in the postcode, where 19 of the 21 other houses have recorded plot data.
Energy Efficiency
21, Redlake Road, Freshwater has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 May 2022.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Electric storage heaters.
Sold Prices
The most recent sale of 21, Redlake Road, Freshwater completed on 1st July 2016 at £152,000 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 risen by 33.2% over the period since July 2016.
- Sold Jul 2016£152,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 21, 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 29th November 2024, was 2, Kings Manor Road, Freshwater, PO40 9DE, a freehold house which sold for £315,000.
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, 21, Redlake Road, Freshwater comes out as the 19th largest and the 19th most expensive in our analysis of the public data.
It is also £102k 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 21, 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.
