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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 8, Chine Close, Freshwater is a mid-century freehold house with 775 ft2 of internal area and sits on a 330 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 8, Chine Close, Freshwater is £299,561 and the estimated rental value is £1,560 per month.
Chine Close, Freshwater, PO40 is located within the PO40 postal district.
8, Chine Close, Freshwater has 2 entries in the Land Registry , most recently in August 2014 and a single entry in the EPC database dated September 2013.
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.
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 8, Chine Close, Freshwater is in very good condition we estimate a sale value of £314,539 and a rental value of £1,638 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £278,591 and a rental value of £1,451 per month.
Over the last 12 months the sale value of 8 Chine Close Freshwater has decreased by an estimated £12,752 (4.3%) and its rental value has increased by an estimated £62 per month (4.0%), giving an expected gross yield of 6.3%.
According to data from HM Land Registry, 8, Chine Close, Freshwater sits on a plot of 330m2.
We have plot size data on 13 out of 14 other houses in the postcode and 8, Chine Close, Freshwater sits on the 10th largest plot.
8, Chine Close, Freshwater has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 06 Sep 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 8, Chine Close, Freshwater was last sold on 26th August 2014 for £247,500 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since August 2014, the market for similar properties has risen 43.2%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 8, Chine Close, Freshwater within a radius of 840 metres over the last 2 years.
The most recent example is Charnwood, Madeira Lane, Freshwater, PO40 9SP, a freehold house which sold for £355,000 on the 3rd February 2023.
Read more about house prices in PO40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Chine Close, Freshwater, PO40 has a total of 14 addresses. According to our analysis of all the public data, 8, Chine Close, Freshwater is the 13th largest and the 11th most expensive property on the street.
When compared to the postcode district it is £48k less expensive than the average property in PO40.
The closest station to 8, Chine Close, Freshwater is Lymington Pier station which is 7.8 kilometres away.
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.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 8, Chine Close, Freshwater, 68.8% of property is privately owned outright and 15.2% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 8, Chine Close, Freshwater, 3.9% of residents are recorded as possessing school level qualifications and 29.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 8, Chine Close, Freshwater, the average age was 53.6 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 8, Chine Close, Freshwater, 0.8% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 8, Chine Close, Freshwater, there are an average of 1.3 cars per household.
See below for how this compares to South East and the rest of England & Wales.
