Flat 15, Solent Court Colwell Chine Road, Freshwater, PO40 9NP is a leasehold flat built between 1967-1975. The property offers approximately 377 square feet of living space and is situated on the 1st floor. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £113,421 , which equates to approximately £301 per square foot. It was last sold on 6 Oct 2023 for £122,000. Since then, the value has decreased by £8,579, representing a 7.0% decrease, or approximately 3.2% per year.

The current estimated value of £113,421 is:

  • 59.3% lower than the average property price on Colwell Chine Road
  • 66.6% lower than the average in the PO40 9NP postcode area
  • and 64.3% lower than the average price for Freshwater as a whole

At the most recent EPC inspection on 16 October 2020, the property was recorded as owner-occupied.

View sold house prices in PO40 9NP

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
377 sq ft
Tenure
Leasehold
Floor level
1st floor
Price (estimate)
£113,421
Price Per sq ft (estimate)
£301
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 15, Solent Court Colwell Chine Road, Freshwater, Isle Of Wight, PO40 9NP has an Energy Performance Certificate (EPC) rating of E, based on the latest assessment carried out on 16 Oct 2020.

This property uses electric storage heaters as its main heating source. Electric instantaneous heaters at the point of use are used to provide hot water. The windows are fully double glazed.

The previous EPC assessment was conducted on 12 Jan 2015, when the property was rated F. Since then, the rating has improved to E, with the energy efficiency score increasing by 125%.

Since the previous assessment, several changes were observed:

  • The heating system was upgraded from boiler and radiators, electric to electric storage heaters, improving energy efficiency from very poor to average.
  • The hot water system changed from from main system to electric instantaneous at point of use, with no change in energy efficiency (very poor).
  • The roof energy efficiency changing from poor to very poor, with the construction or insulation remaining flat, limited insulation (assumed).
  • The lighting was updated from no low energy lighting to low energy lighting in 70% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric instantaneous at point of use
Very Poor
Roof
Flat, limited insulation (assumed)
Very Poor
Walls
Cavity wall, as built, no insulation (assumed)
Poor
Windows
Fully double glazed
Good
Lighting
Low energy lighting in 70% of fixed outlets
Very Good

Compared to PO40 9NP

28 th / 29
Price Rank
67% lower than average
19 th / 21
Size Rank
59% smaller than average
16 th / 21
Price Per Sq FT Rank
18% lower than average

Compared to other properties in PO40 9NP , this flat's estimated value ranks 28th out of 29. Based on price per square foot, it ranks 16th out of 21 properties. This indicates a lower price per square foot than most, suggesting good value for the space offered. In terms of size, this home ranks 19th out of 21 properties in its postcode area.

Sale History

Today
£113,421
streetscan.co.uk estimate
-7 %
6 Oct 2023
£122,000
Leasehold
+41.9 %
27 May 2005
£86,000
Leasehold
+45.8 %
30 Sep 2002
£59,000
Leasehold

Area Insights

Similar Properties Sold Nearby

Flat 14, Solent Court Colwell Chine Road, Freshwater, PO40 9NP
rooms: 2
size: 353 sq ft
sale price: £90,000
sale date: 23 Aug 2018

Data Sources

The property at Flat 15, Solent Court Colwell Chine Road, Freshwater, PO40 9NP appears three times in the Land Registry records, with the latest transaction recorded on 6 Oct 2023. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 16 Oct 2020. We use this data, to estimate the property's characteristics and current market value.

This website uses public sector information from:

These datasets are licensed under the Open Government Licence v3.0.
This website is not affiliated with or endorsed by HM Land Registry or DLUHC.


Disclaimer: StreetScan.co.uk makes all reasonable efforts to ensure the information provided on this website is current and accurate; however, no warranties or representations are made as to its completeness or accuracy. StreetScan.co.uk expressly disclaims any and all liability for any loss, damage, or expense arising directly or indirectly from the use of, or reliance upon, such information.
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