3, Redlake Road
3, Redlake Road
Description & Estimates
Public records show 3, Redlake Road, Freshwater to be a mid-century freehold house with 753 ft2 of internal area, sitting on a 431 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
3, Redlake Road, Freshwater has an estimated sale value of £270,104 and an estimated rental value of £1,540 per month, assuming reasonable condition and based on the information available.
Redlake Road, Freshwater, PO40 lies within the PO40 postal district.
Our Data Sources
3, Redlake Road, Freshwater has 41 entries in the Land Registry , most recently in November 2015 and a single entry in the EPC database dated December 2014.
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
In very good condition, we estimate 3, Redlake Road, Freshwater would be worth £283,609, with a potential rental value of £1,617 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £251,197, with a rental value of £1,432 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 3, Redlake Road, Freshwater has moved down by £11,498 (4.3%) over the last year. During the same period, its estimated monthly rental value has increased by £61 (4.0%). The property's estimated gross yield is currently 6.8%.
Plot Size
3, Redlake Road, Freshwater occupies a 431 m2 plot as recorded by HM Land Registry.
Of the 21 other houses in this postcode, 19 have recorded plot sizes, and this one ranks as the 3rd largest.
Energy Efficiency
3, Redlake Road, Freshwater has an Energy Performance Rating (EPC) of E. This is based on the most recent assessment, dated 11 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
3, Redlake Road, Freshwater last changed hands on 24th November 2015, selling for £215,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 41.5% since November 2015.
- Sold Nov 2015£215,000
- Sold Jun 2011£198,000
- Sold Oct 2001£135,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.2 kilometres of 3, Redlake Road, Freshwater across the last 2 years.
Most recently, 2, Kings Manor Road, Freshwater, PO40 9DE, a freehold house, sold at £315,000 on the 29th November 2024.
Read more about house prices in PO40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Our analysis of the public data ranks 3, Redlake Road, Freshwater as the 13th largest and the 12th most expensive of the 21 addresses on Redlake Road, Freshwater, PO40.
Against the PO40 postcode district average, it is £78k less expensive than the typical property.
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
Lymington Pier station is the nearest stop to 3, Redlake Road, Freshwater at 7.9 kilometres away.
- 7.9kmLymington Pier
- 8.3kmLymington Town
- 12.7kmNew Milton
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
