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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, Flat 3, Hazelhurst, Freshwater is a modern leasehold apartment with 839 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for Flat 3, Hazelhurst, Freshwater is £240,998 and the estimated rental value is £1,076 per month.
The apartment is within Hazelhurst, Gate Lane, Freshwater, PO40.
Gate Lane, Freshwater, PO40 is located within the PO40 postal district.
Flat 3, Hazelhurst, Freshwater has 2 entries in the Land Registry , most recently in September 2019 and a single entry in the EPC database dated October 2022.
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.
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 3, Hazelhurst, Freshwater is in very good condition we estimate a sale value of £253,048 and a rental value of £1,130 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £224,128 and a rental value of £1,001 per month.
Over the last 12 months the sale value of Flat 3 Hazelhurst Freshwater has decreased by an estimated £13,321 (5.5%) and its rental value has increased by an estimated £23 per month (2.1%), giving an expected gross yield of 5.4%.
Flat 3, Hazelhurst, Freshwater has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 14 Oct 2022.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
According to HM Land Registry, Flat 3, Hazelhurst, Freshwater was last sold on 30th September 2019 for £262,500 and was recorded as a leasehold flat.
The property has had 2 sales since 1995.
Since September 2019, the market for similar properties has risen 7.8%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Flat 3, Hazelhurst, Freshwater within a radius of 1.6 kilometres over the last 2 years.
The most recent example is Flat 1, Hazelhurst, Gate Lane, Freshwater, PO40 9RD, a leasehold flat which sold for £260,000 on the 23rd June 2022.
Read more about house prices in PO40.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Gate Lane, Freshwater, PO40 has a total of 55 addresses. According to our analysis of all the public data, Flat 3, Hazelhurst, Freshwater is the 30th largest and the 28th most expensive property on the street.
When compared to the postcode district it is £107k less expensive than the average property in PO40.
The closest station to Flat 3, Hazelhurst, Freshwater is Lymington Pier station which is 9.6 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 Flat 3, Hazelhurst, 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 Flat 3, Hazelhurst, 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 Flat 3, Hazelhurst, 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 Flat 3, Hazelhurst, 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 Flat 3, Hazelhurst, 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.
