Merrydown, Freshwater
Merrydown, Freshwater
Description & Estimates
According to the public record, Merrydown, Freshwater is a period freehold house with 990 ft2 of internal area and sits on a 268 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 Merrydown, Freshwater is £311,625 and the estimated rental value is £1,593 per month.
Norton Green, Freshwater, PO40 is located within the PO40 postal district.
Our Data Sources
Merrydown, Freshwater has 21 entries in the Land Registry , most recently in April 2014 and a single entry in the EPC database dated July 2013.
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 Merrydown, Freshwater is in very good condition we estimate a sale value of £327,207 and a rental value of £1,672 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £289,812 and a rental value of £1,481 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of Merrydown, Freshwater has declined by £13,265 (4.3%), while its estimated rental value has climbed by £63 per month (4.0%). Based on current estimates, the property offers a gross rental yield of 6.1%.
Plot Size
According to data from HM Land Registry, Merrydown, Freshwater sits on a plot of 268 m2.
We have plot size data on 4 out of 5 other houses in the postcode and Merrydown, Freshwater sits on the 4th largest plot.
Energy Efficiency
Merrydown, Freshwater has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Jul 2013.
The property is not connected to mains gas and has partial double glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, Merrydown, Freshwater was last sold on 2nd April 2014 for £238,000 and was recorded as a freehold house.
The property has had 2 sales since 1995.
Since April 2014, the market for similar properties has risen by 44.1%.
- Sold Apr 2014£238,000
- Sold Feb 2006£160,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to Merrydown, Freshwater within a radius of 1.2 kilometres over the last 2 years.
The most recent example is Rose Cottage, Norton Green, Freshwater, PO40 9RX, a freehold house which sold for £365,000 on the 21st October 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
Norton Green, Freshwater, PO40 has a total of 38 addresses. According to our analysis of all the public data, Merrydown, Freshwater is the 27th largest and the 32nd most expensive property on the street.
When compared to the postcode district it is £36k less expensive than the average property in PO40.
More reading links
Schools Nearby
- 1.9kmFreshwater & Yarmouth Church of England Aided Primary School
- 2.3kmSt Saviour's Catholic Primary School
- 5.9kmShalfleet Church of England Primary School
- 7.1kmPriestlands School
- 12.0kmThe Arnewood School
- 14.4kmCarisbrooke College
More reading links
Public Transport Nearby
The closest station to Merrydown, Freshwater is Lymington Pier station, which is 7.3 kilometres away.
- 7.3kmLymington Pier
- 7.7kmLymington Town
- 12.0kmNew Milton
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
