5, Richmond Crescent
5, Richmond Crescent
Description & Estimates
According to the public record, 5, Richmond Crescent, Freshwater is a modern freehold house with 963 ft2 of internal area and sits on a 126 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 5, Richmond Crescent, Freshwater is £271,833 and the estimated rental value is £1,523 per month.
Richmond Crescent, Freshwater, PO40 is located within the PO40 postal district.
Our Data Sources
5, Richmond Crescent, Freshwater has 2 entries in the Land Registry , most recently in June 2011 and a single entry in the EPC database dated April 2011.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Richmond Crescent, Freshwater is in very good condition we estimate a sale value of £285,425 and a rental value of £1,599 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £252,805 and a rental value of £1,416 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 5, Richmond Crescent, Freshwater has decreased by £11,571 (4.3%), while its estimated rental value has grown by £60 per month (4.0%). Based on current estimates, the property offers a gross rental yield of 6.7%.
Plot Size
According to data from HM Land Registry, 5, Richmond Crescent, Freshwater sits on a plot of 126 m2.
We have plot size data on 6 out of 6 other houses in the postcode and 5, Richmond Crescent, Freshwater sits on the 3rd largest plot.
Energy Efficiency
5, Richmond Crescent, Freshwater has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 22 Apr 2011.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 5, Richmond Crescent, Freshwater was last sold on 1st June 2011 for £182,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since June 2011, the market for similar properties has risen by 79.2%.
- Sold Jun 2011£182,000
- Sold Jun 2008£195,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 5, Richmond Crescent, Freshwater within a radius of 720 metres over the last 2 years.
The most recent example is 19, Roselands, Totland Bay, PO39 0DB, a freehold house which sold for £275,000 on the 24th October 2024.
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
Richmond Crescent, Freshwater, PO40 has a total of 14 addresses. According to our analysis of all the public data, 5, Richmond Crescent, Freshwater is the 3rd largest and the 3rd most expensive property on the street.
When compared to the postcode district it is £76k less expensive than the average property in PO40.
More reading links
Schools Nearby
- 1.2kmSt Saviour's Catholic Primary School
- 3.1kmFreshwater & Yarmouth Church of England Aided Primary School
- 6.8kmShalfleet Church of England Primary School
- 7.8kmPriestlands School
- 12.0kmThe Arnewood School
- 15.1kmCarisbrooke College
More reading links
Public Transport Nearby
The closest station to 5, Richmond Crescent, Freshwater is Lymington Pier station, which is 8.2 kilometres away.
- 8.2kmLymington Pier
- 8.5kmLymington Town
- 12.0kmNew Milton
Available Internet Speeds
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
