Flat 3, St. Martins
Flat 3, St. Martins
Description & Estimates
Public records show Flat 3, St. Martins, Freshwater to be a modern leasehold apartment with 1,248 ft2 of internal area.
In this area, apartments of this size normally have 3 bedrooms with a balcony.
Flat 3, St. Martins, Freshwater has an estimated sale value of £429,140 and an estimated rental value of £1,752 per month, assuming reasonable condition and based on the information available.
The apartment sits within St. Martins, Afton Down, Freshwater, PO40.
Afton Down, Freshwater, PO40 lies within the PO40 postal district.
Our Data Sources
Flat 3, St. Martins, Freshwater has 3 entries in the Land Registry , most recently in September 2023 and a single entry in the EPC database dated May 2023.
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
In very good condition, we estimate Flat 3, St. Martins, Freshwater would be worth £450,597, with a potential rental value of £1,839 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £399,100, with a rental value of £1,629 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 3, St. Martins, Freshwater has dropped by £27,804 (6.5%) over the last year. During the same period, its estimated monthly rental value has risen by £27 (1.5%). The property's estimated gross yield is currently 4.9%.
Energy Efficiency
Flat 3, St. Martins, Freshwater has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 15 May 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
Flat 3, St. Martins, Freshwater last changed hands on 4th September 2023, selling for £465,000. The transaction was logged as a leasehold flat by HM Land Registry.
In total it has sold 3 times since 1995.
The market for similar properties has dropped by 18.8% since September 2023.
- Sold Sep 2023£465,000
- Sold Mar 2021£435,000
- Sold Oct 2013£375,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 2.0 kilometres of Flat 3, St. Martins, Freshwater across the last 2 years.
Most recently, Flat 2, St. Martins, Afton Down, Freshwater, PO40 9TY, a leasehold flat, sold at £450,000 on the 12th March 2021.
Read more about house prices in PO40.
- Sold Mar 2021£450,000 | 3 Bed FlatSt. Martins, Afton DownFlat 2, 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.
More reading links
Location Comparison
Our analysis of the public data ranks Flat 3, St. Martins, Freshwater as the 4th largest and the 7th most expensive of the 16 addresses on Afton Down, Freshwater, PO40.
Against the PO40 postcode district average, it is £81k more expensive than the typical property.
More reading links
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
Lymington Pier station is the nearest stop to Flat 3, St. Martins, Freshwater at 9.9 kilometres away.
- 9.9kmLymington Pier
- 10.3kmLymington Town
- 14.2kmNew Milton
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
