9, Richmond Meade
9, Richmond Meade
Description & Estimates
9, Richmond Meade, Freshwater is described in the public record as a period house with 1,173 ft2 of internal area, sitting on a 170 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 9, Richmond Meade, Freshwater is £281,891 and its rental estimate is £1,471 per month, given the available information and assuming reasonable condition.
Richmond Meade, Freshwater, PO40 falls within the PO40 postal district.
Our Data Sources
9, Richmond Meade, Freshwater has no recent1 records in the the Land Registry and a single entry in the EPC database dated February 2017.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium 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 9, Richmond Meade, Freshwater, we estimate a market value of £295,986 and a rental value of £1,544 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £262,159 and £1,368 per month respectively.
Recent Market Change
Over the last year, 9, Richmond Meade, Freshwater has seen its estimated sale value decline by £11,999 (4.3%) and its estimated rental value climb by £58 per month (4.0%). This results in an estimated gross rental yield of 6.3%.
Plot Size
HM Land Registry records the plot of land for 9, Richmond Meade, Freshwater as measuring 170 m2.
That makes it the 10th largest plot in the postcode, where all 11 other houses have recorded plot data.
Energy Efficiency
9, Richmond Meade, Freshwater has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 10 Feb 2017.
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 9, Richmond Meade, Freshwater completed on 26th November 2003 at £163,500 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
- Sold Nov 2003£163,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 9, Richmond Meade, Freshwater have sold within a radius of 720 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 27th February 2024, was Alma Cottage, Colwell Lane, Freshwater, PO40 9LT, a freehold house which sold for £240,000.
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
Of the 11 addresses on Richmond Meade, Freshwater, PO40, 9, Richmond Meade, Freshwater comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £66k less expensive than the average property across the PO40 district.
More reading links
Schools Nearby
- 1.2kmSt Saviour's Catholic Primary School
- 3.0kmFreshwater & Yarmouth Church of England Aided Primary School
- 6.7kmShalfleet Church of England Primary School
- 7.8kmPriestlands School
- 12.0kmThe Arnewood School
- 15.1kmCarisbrooke College
More reading links
Public Transport Nearby
From 9, Richmond Meade, Freshwater, the nearest station is Lymington Pier, 8.2 kilometres away.
- 8.2kmLymington Pier
- 8.5kmLymington Town
- 12.1kmNew 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.
