Flat 2, Ardfern
Flat 2, Ardfern
Description & Estimates
The public record describes Flat 2, Ardfern, Freshwater as a period apartment with 1,259 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a garden.
Flat 2, Ardfern, Freshwater has an estimated sale value of £256,429 and an estimated rental value of £1,335 per month, assuming reasonable condition and based on the information available.
The Square, Freshwater, PO40 lies within the PO40 postal district.
Our Data Sources
Flat 2, Ardfern, Freshwater has no recent1 records in the the Land Registry and a single entry in the EPC database dated October 2019.
We combine this information with public data of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low accuracy.
Price Range & Condition
In very good condition, we estimate Flat 2, Ardfern, Freshwater would be worth £269,250, with a potential rental value of £1,402 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £238,479, with a rental value of £1,242 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 Flat 2, Ardfern, Freshwater has declined by £13,299 (5.2%) over the last year. During the same period, its estimated monthly rental value has climbed by £40 (3.0%). The property's estimated gross yield is currently 6.2%.
Energy Efficiency
Flat 2, Ardfern, Freshwater has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 21 Oct 2019.
The property is connected to mains gas and has mostly double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
Flat 2, Ardfern, Freshwater last changed hands on 11th August 1999, selling for £72,500. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold twice since 1995.
- Sold Aug 1999£72,500
- Sold Mar 1998£48,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 1 sale of a comparable property within 1.5 kilometres of Flat 2, Ardfern, Freshwater across the last 2 years.
Most recently, Flat 1, Havelock, Gate Lane, Freshwater, PO40 9QD, a leasehold flat, sold at £1,070,000 on the 1st May 2024.
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 Flat 2, Ardfern, Freshwater as the 9th largest and the 32nd most expensive of the 36 addresses on The Square, Freshwater, PO40.
Against the PO40 postcode district average, it is £91k less expensive than the typical property.
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Schools Nearby
- 1.8kmSt Saviour's Catholic Primary School
- 3.6kmFreshwater & Yarmouth Church of England Aided Primary School
- 6.3kmShalfleet Church of England Primary School
- 9.3kmPriestlands School
- 13.5kmThe Arnewood School
- 14.3kmCarisbrooke College
More reading links
Public Transport Nearby
Lymington Pier station is the nearest stop to Flat 2, Ardfern, Freshwater at 9.5 kilometres away.
- 9.5kmLymington Pier
- 9.9kmLymington Town
- 13.6kmNew Milton
Available Internet Speeds
Ofcom's latest figures show poor internet coverage in this area, which may mean weak or no connectivity.
According to recent data from Ofcom, Slow/none broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
