Flat 2, St. Martins
Flat 2, St. Martins
Description & Estimates
According to the public record, Flat 2, St. Martins, Freshwater is a modern leasehold apartment with 1,184 ft2 of internal area.
Apartments of this size in this area normally have 3 bedrooms with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 2, St. Martins, Freshwater is £415,722 and the estimated rental value is £1,697 per month.
The apartment is within St. Martins, Afton Down, Freshwater, PO40.
Afton Down, Freshwater, PO40 is located within the PO40 postal district.
Our Data Sources
Flat 2, St. Martins, Freshwater has 3 entries in the Land Registry , most recently in March 2021 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 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
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 Flat 2, St. Martins, Freshwater is in very good condition we estimate a sale value of £436,508 and a rental value of £1,782 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £386,621 and a rental value of £1,578 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Flat 2, St. Martins, Freshwater has declined by £26,934 (6.5%), while its estimated rental value has climbed by £26 per month (1.5%). Based on current estimates, the property offers a gross rental yield of 4.9%.
Energy Efficiency
Flat 2, St. Martins, Freshwater has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 25 Apr 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
According to HM Land Registry, Flat 2, St. Martins, Freshwater was last sold on 12th March 2021 for £450,000 and was recorded as a leasehold flat.
The property has had 3 sales since 1995.
Since March 2021, the market for similar properties has dropped by 11.9%.
- Sold Mar 2021£450,000
- Sold Aug 2018£410,000
- Sold Oct 2012£370,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 2, St. Martins, Freshwater within a radius of 2.0 kilometres over the last 2 years.
The most recent example is Flat 3, St. Martins, Afton Down, Freshwater, PO40 9TY, a leasehold flat which sold for £465,000 on the 4th September 2023.
Read more about house prices in PO40.
- Sold Sep 2023£465,000 | 3 Bed FlatSt. Martins, Afton DownFlat 3, St. Martins, Afton Down, Freshwater, PO40 9TY
- Sold Jul 2014£330,000 | 3 Bed FlatSt. Martins, Afton DownFlat 6, St. Martins, Afton Down, Freshwater, PO40 9TY
- Sold May 2014£350,000 | 3 Bed FlatSt. Martins, Afton DownFlat 7, St. Martins, Afton Down, Freshwater, PO40 9TY
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Afton Down, Freshwater, PO40 has a total of 16 addresses. According to our analysis of all the public data, Flat 2, St. Martins, Freshwater is the 6th largest and the 9th most expensive property on the street.
When compared to the postcode district it is £68k more expensive than the average property in PO40.
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Schools Nearby
- 2.4kmSt Saviour's Catholic Primary School
- 3.8kmFreshwater & Yarmouth Church of England Aided Primary School
- 6.1kmShalfleet Church of England Primary School
- 9.8kmPriestlands School
- 13.9kmCarisbrooke College
- 14.2kmChrist The King College
More reading links
Public Transport Nearby
The closest station to Flat 2, St. Martins, Freshwater is Lymington Pier station, which is 9.9 kilometres away.
- 9.9kmLymington Pier
- 10.3kmLymington Town
- 14.2kmNew Milton
Available Internet Speeds
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.
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
