Flat 2, Bayclose Terrace Lane, Freshwater, PO40 9QE is a leasehold flat built between 1967-1975. The property offers approximately 323 square feet of living space. In this location, apartments of similar size usually have one bedroom.

The estimated current market value of the property is £148,582 , which equates to approximately £460 per square foot. It was last sold on 13 Dec 2021 for £152,000. Since then, the value has decreased by £3,418, representing a 2.2% decrease, or approximately 0.6% per year.

The current estimated value of £148,582 is:

  • 32.4% lower than the average property price on Terrace Lane
  • 25.1% lower than the average in the PO40 9QE postcode area
  • and 52.4% lower than the average price for Freshwater as a whole

This property has had 2 EPC inspections with recorded tenure information. It was recorded as owner-occupied both times. This suggests the property has typically been lived in by its owners, which often reflects longer-term residency and more consistent maintenance.

At the most recent EPC inspection on 5 October 2021, the property was recorded as owner-occupied.

View sold house prices in PO40 9QE

Building approximate location

About Property

Type
Flat
Built
1967-1975
Interior Size
323 sq ft
Tenure
Leasehold
Price (estimate)
£148,582
Price Per sq ft (estimate)
£460
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 2, Bayclose Terrace Lane, Freshwater, Isle Of Wight, PO40 9QE has an Energy Performance Certificate (EPC) rating of C, based on the latest assessment carried out on 5 Oct 2021.

This property uses a gas-fired boiler and radiators, connected to the mains gas supply, as its main heating source. Hot water is provided from main heating system. The windows are fully double glazed.

The previous EPC assessment was conducted on 31 Mar 2010. The rating of C is unchanged, though the energy efficiency score decreased by 5.3%.

Since the previous assessment, several changes were observed:

  • The wall energy efficiency changing from good to average, with the construction or insulation remaining cavity wall, filled cavity.
  • The windows were upgraded from mostly double glazing to fully double glazed.
  • The lighting was updated from low energy lighting in 50% of fixed outlets to low energy lighting in 83% of fixed outlets, with efficiency improving from good to very good.
Heating Type
Boiler and radiators, mains gas
Good
Hot Water
From main system
Good
Walls
Cavity wall, filled cavity
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 83% of fixed outlets
Very Good

Compared to PO40 9QE

8 th / 12
Price Rank
25% lower than average
11 th / 11
Size Rank
43% smaller than average
1 st / 11
Price Per Sq FT Rank
32% higher than average

Compared to other properties in PO40 9QE , this flat's estimated value ranks 8th out of 12. Based on price per square foot, it ranks 1st out of 11 properties. This suggests a relatively high price per square foot, which may reflect quality, location, or recent upgrades. In terms of size, this home ranks 11th out of 11 properties in its postcode area.

Sale History

Today
£148,582
streetscan.co.uk estimate
-2 %
13 Dec 2021
£152,000
Leasehold
+55.1 %
25 May 2017
£98,000
Leasehold
+92.2 %
31 Jul 2015
£51,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 2
size: 366 sq ft
sale price: £138,000
sale date: 4 Dec 2024
rooms: 2
size: 355 sq ft
sale price: £134,500
sale date: 25 Jun 2021
rooms: 2
size: 357 sq ft
sale price: £129,000
sale date: 19 Oct 2018
rooms: 2
size: 366 sq ft
sale price: £115,000
sale date: 30 Jun 2017
rooms: 2
size: 366 sq ft
sale price: £123,000
sale date: 29 Feb 2016

Data Sources

The property at Flat 2, Bayclose Terrace Lane, Freshwater, PO40 9QE appears three times in the Land Registry records, with the latest transaction recorded on 13 Dec 2021. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 5 Oct 2021. 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.