Rychmonde, Freshwater
Rychmonde, Freshwater
Description & Estimates
Public records show Rychmonde, Freshwater to be a mid-century freehold house with 721 ft2 of internal area, sitting on a 571 m2 plot.
In this area, houses of this size normally have 3 bedrooms with a garden.
Rychmonde, Freshwater has an estimated sale value of £302,449 and an estimated rental value of £1,527 per month, assuming reasonable condition and based on the information available.
Bay Road, Freshwater, PO40 lies within the PO40 postal district.
Our Data Sources
Rychmonde, Freshwater has 4 entries in the Land Registry , most recently in April 2019 and a single entry in the EPC database dated June 2013.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
In very good condition, we estimate Rychmonde, Freshwater would be worth £317,571, with a potential rental value of £1,604 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £281,278, with a rental value of £1,420 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 Rychmonde, Freshwater has dropped by £12,875 (4.3%) over the last year. During the same period, its estimated monthly rental value has risen by £60 (4.0%). The property's estimated gross yield is currently 6.1%.
Plot Size
Rychmonde, Freshwater occupies a 571 m2 plot as recorded by HM Land Registry.
Of the 51 other houses in this postcode, 44 have recorded plot sizes, and this one ranks as the 32nd largest.
Energy Efficiency
Rychmonde, Freshwater has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 04 Jun 2013.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
Rychmonde, Freshwater last changed hands on 3rd April 2019, selling for £290,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold 4 times since 1995.
The market for similar properties has risen by 18.7% since April 2019.
- Sold Apr 2019£290,000
- Sold Sep 2014£238,000
- Sold Jul 2013£215,000
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 1.5 kilometres of Rychmonde, Freshwater across the last 2 years.
Most recently, Castaway, Guyers Road, Freshwater, PO40 9QA, a freehold house, sold at £333,000 on the 13th November 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 Rychmonde, Freshwater as the 46th largest and the 46th most expensive of the 51 addresses on Bay Road, Freshwater, PO40.
Against the PO40 postcode district average, it is £45k less expensive than the typical property.
More reading links
Schools Nearby
- 2.0kmSt Saviour's Catholic Primary School
- 3.6kmFreshwater & Yarmouth Church of England Aided Primary School
- 6.2kmShalfleet Church of England Primary School
- 9.3kmPriestlands School
- 13.7kmThe Arnewood School
- 14.2kmCarisbrooke College
More reading links
Public Transport Nearby
Lymington Pier station is the nearest stop to Rychmonde, Freshwater at 9.5 kilometres away.
- 9.5kmLymington Pier
- 9.9kmLymington Town
- 13.7kmNew 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.
