61, Parkway
61, Parkway
Description & Estimates
61, Parkway, Freshwater is described in the public record as a mid-century house with 699 ft2 of internal area, sitting on a 341 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 61, Parkway, Freshwater is £299,237 and its rental estimate is £1,513 per month, given the available information and assuming reasonable condition.
Parkway, Freshwater, PO40 falls within the PO40 postal district.
Our Data Sources
61, Parkway, Freshwater has no recent1 records in the the Land Registry and a single entry in the EPC database dated December 2015.
We combine this information with public data 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
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 61, Parkway, Freshwater, we estimate a market value of £314,199 and a rental value of £1,589 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £278,291 and £1,407 per month respectively.
Recent Market Change
Over the last year, 61, Parkway, Freshwater has seen its estimated sale value drop by £12,738 (4.3%) and its estimated rental value rise by £60 per month (4.0%). This results in an estimated gross rental yield of 6.1%.
Plot Size
HM Land Registry records the plot of land for 61, Parkway, Freshwater as measuring 341 m2.
That makes it the 20th largest plot in the postcode, where all 25 other houses have recorded plot data.
Energy Efficiency
61, Parkway, Freshwater has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 11 Dec 2015.
The property is 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 61, Parkway, Freshwater completed on 9th April 2002 at £124,950 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
- Sold Apr 2002£124,950
- Sold May 1999£74,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 61, Parkway, Freshwater have sold within a radius of 1.1 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.
- Sold Nov 2024£315,000 | 3 Bed House2, Kings Manor Road, Freshwater, PO40 9DE2, Kings Manor Road, Freshwater, PO40 9DE
- Sold Aug 2023£285,000 | 2 Bed House32, Parkway, Freshwater, PO40 9DH32, Parkway, Freshwater, PO40 9DH
- Sold Jan 2022£300,000 | 3 Bed House44, Parkway, Freshwater, PO40 9DH44, Parkway, Freshwater, PO40 9DH
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 54 addresses on Parkway, Freshwater, PO40, 61, Parkway, Freshwater comes out as the 30th largest and the 17th most expensive in our analysis of the public data.
It is also £48k less expensive than the average property across the PO40 district.
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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
From 61, Parkway, Freshwater, the nearest station is Lymington Pier, 8.0 kilometres away.
- 8.0kmLymington Pier
- 8.4kmLymington Town
- 12.6kmNew Milton
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.
