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According to the public record, Cherry Pie, Freshwater is a mid-century freehold house with 721 ft2 of internal area and sits on a 553 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 Cherry Pie, Freshwater is £302,449 and the estimated rental value is £1,527 per month.
Bay Road, Freshwater, PO40 is located within the PO40 postal district.
Cherry Pie, Freshwater has 21 entries in the Land Registry , most recently in November 2012 and a single entry in the EPC database dated April 2012.
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 Cherry Pie, Freshwater is in very good condition we estimate a sale value of £317,571 and a rental value of £1,604 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £281,278 and a rental value of £1,420 per month.
Over the last 12 months the sale value of Cherry Pie Freshwater has decreased by an estimated £12,875 (4.3%) and its rental value has increased by an estimated £60 per month (4.0%), giving an expected gross yield of 6.1%.
According to data from HM Land Registry, Cherry Pie, Freshwater sits on a plot of 553m2.
We have plot size data on 44 out of 51 other houses in the postcode and Cherry Pie, Freshwater sits on the 36th largest plot.
Cherry Pie, Freshwater has an Energy Performance Rating (EPC) of F. This is based on the most recent assessment, dated 17 Apr 2012.
The property is not connected to mains gas and has partial double glazing. It is heated using Electric storage heaters.
According to HM Land Registry, Cherry Pie, Freshwater was last sold on 28th November 2012 for £235,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since November 2012, the market for similar properties has risen 46.1%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Cherry Pie, Freshwater within a radius of 1.5 kilometres over the last 2 years.
The most recent example is Castaway, Guyers Road, Freshwater, PO40 9QA, a freehold house which sold for £333,000 on the 13th November 2024.
Read more about house prices in PO40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Bay Road, Freshwater, PO40 has a total of 51 addresses. According to our analysis of all the public data, Cherry Pie, Freshwater is the 47th largest and the 47th most expensive property on the street.
When compared to the postcode district it is £45k less expensive than the average property in PO40.
The closest station to Cherry Pie, Freshwater is Lymington Pier station which is 9.5 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 Cherry Pie, Freshwater, 72.9% of property is privately owned outright and 14.7% 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 Cherry Pie, Freshwater, 7.0% of residents are recorded as possessing school level qualifications and 40.8% 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 Cherry Pie, 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 Cherry Pie, 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 Cherry Pie, Freshwater, there are an average of 1.4 cars per household.
See below for how this compares to South East and the rest of England & Wales.