55, Parkway
55, Parkway
Description & Estimates
Public records show 55, Parkway, Freshwater to be a mid-century freehold house with 871 ft2 of internal area, sitting on a 328 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
55, Parkway, Freshwater has an estimated sale value of £335,171 and an estimated rental value of £1,596 per month, assuming reasonable condition and based on the information available.
Parkway, Freshwater, PO40 lies within the PO40 postal district.
Our Data Sources
55, Parkway, Freshwater has 31 entries in the Land Registry , most recently in May 2021 and a single entry in the EPC database dated November 2020.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate 55, Parkway, Freshwater would be worth £351,929, with a potential rental value of £1,676 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £311,709, with a rental value of £1,484 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 55, Parkway, Freshwater has dropped by £14,267 (4.3%) over the last year. During the same period, its estimated monthly rental value has risen by £63 (4.0%). The property's estimated gross yield is currently 5.7%.
Plot Size
55, Parkway, Freshwater occupies a 328 m2 plot as recorded by HM Land Registry.
All 25 other houses in this postcode have recorded plot sizes, and this one ranks as the 21st largest.
Energy Efficiency
55, Parkway, Freshwater has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 26 Nov 2020.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
55, Parkway, Freshwater last changed hands on 6th May 2021, selling for £301,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has risen by 5.6% since May 2021.
- Sold May 2021£301,000
- Sold Jun 2006£180,000
- Sold Oct 2000£110,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.1 kilometres of 55, Parkway, Freshwater across the last 2 years.
Most recently, 29, Parkway, Freshwater, PO40 9DQ, a freehold house, sold at £355,000 on the 11th September 2023.
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
Our analysis of the public data ranks 55, Parkway, Freshwater as the 16th largest and the 7th most expensive of the 54 addresses on Parkway, Freshwater, PO40.
Against the PO40 postcode district average, it is £12k less expensive than the typical property.
More reading links
Schools Nearby
- 2.1kmSt Saviour's Catholic Primary School
- 2.2kmFreshwater & Yarmouth Church of England Aided Primary School
- 5.7kmShalfleet Church of England Primary School
- 7.8kmPriestlands School
- 12.6kmThe Arnewood School
- 14.1kmCarisbrooke College
More reading links
Public Transport Nearby
Lymington Pier station is the nearest stop to 55, Parkway, Freshwater at 8.0 kilometres away.
- 8.0kmLymington Pier
- 8.4kmLymington Town
- 12.6kmNew Milton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
