3, Penny Hedge
3, Penny Hedge
Description & Estimates
3, Penny Hedge, New Milton is recorded publicly as a modern freehold house across 1,603 ft2 of internal area, sitting on a 598 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 3, Penny Hedge, New Milton is £646,662 and its rental estimate is £1,975 per month, given the available information and assuming reasonable condition.
Penny Hedge, New Milton, BH25 falls within the BH25 postal district, in the borough of New Forest.
Our Data Sources
3, Penny Hedge, New Milton has 21 entries in the Land Registry , most recently in September 2013 and a single entry in the EPC database dated August 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.
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 3, Penny Hedge, New Milton, we estimate a market value of £678,995 and a rental value of £2,074 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £601,396 and £1,837 per month respectively.
Recent Market Change
Over the last year, 3, Penny Hedge, New Milton has seen its estimated sale value fall by £25,036 (3.9%) and its estimated rental value move up by £54 per month (2.7%). This results in an estimated gross rental yield of 3.7%.
Plot Size
HM Land Registry records the plot of land for 3, Penny Hedge, New Milton as measuring 598 m2.
That makes it the largest plot in the postcode, where all 6 other houses have recorded plot data.
Energy Efficiency
3, Penny Hedge, New Milton has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 22 Aug 2012.
The property is not 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 3, Penny Hedge, New Milton completed on 2nd September 2013 at £367,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 32.8% over the period since September 2013.
- Sold Sep 2013£367,500
- Sold Mar 2004£340,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 3, Penny Hedge, New Milton have sold within a radius of 810 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 16th October 2024, was 8, Seddon Close, New Milton, BH25 7FE, a freehold house which sold for £655,000.
Read more about house prices in BH25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 10 addresses on Penny Hedge, New Milton, BH25, 3, Penny Hedge, New Milton comes out as the 5th largest and the 3rd most expensive in our analysis of the public data.
It is also £238k more expensive than the average property across the BH25 district.
More reading links
Schools Nearby
- 800mNew Milton Infant School
- 800mNew Milton Junior School
- 1.6kmAshley Junior School
- 1.2kmThe Arnewood School
- 4.9kmHighcliffe School
- 7.0kmPriestlands School
More reading links
Public Transport Nearby
From 3, Penny Hedge, New Milton, the nearest station is New Milton, 1.5 kilometres away.
- 1.5kmNew Milton
- 4.5kmHinton Admiral
- 5.5kmSway
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.
