Flat 4, Solent Court Colwell Chine Road, Freshwater, PO40 9NP is a leasehold flat built between 1976-1982. The property offers approximately 474 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 £122,756 , which equates to approximately £259 per square foot. It was last sold on 4 Dec 1998 for £32,000. Since then, the value has increased by £90,756, representing a 283.6% increase, or approximately 10.5% per year.

The current estimated value of £122,756 is:

  • 55.8% lower than the average property price on Colwell Chine Road
  • 63.9% lower than the average in the PO40 9NP postcode area
  • and 60.7% lower than the average price for Freshwater as a whole

View sold house prices in PO40 9NP

Building approximate location

About Property

Type
Flat
Built
1976-1982
Interior Size
474 sq ft
Tenure
Leasehold
Price (estimate)
£122,756
Price Per sq ft (estimate)
£259
Bedroom Count (estimate)
1 bedroom

EPC Summary

Flat 4, 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 30 Jul 2020.

This property uses electric storage heaters as its main heating source. Hot water is provided from off-peak electric immersion heater. The windows are fully double glazed.

The previous EPC assessment was conducted on 11 Mar 2009, when the property was rated D. The current rating of E reflects a decline in energy efficiency of 12.1%.

Since the previous assessment, several changes were observed:

  • The main heating energy efficiency improving from poor to average, while the heating system type remained the same (electric storage heaters).
  • The hot water energy efficiency changing from poor to very poor, while the system remained as electric immersion, off-peak.
  • The roof energy efficiency improving from very poor to poor, with the construction or insulation remaining flat, limited insulation (assumed).
  • The wall construction or insulation changed from cavity wall, as built, no insulation (assumed) to cavity wall, as built, partial insulation (assumed), improving energy efficiency from poor to average.
  • The lighting was updated from no low energy lighting to low energy lighting in 86% of fixed outlets, with efficiency improving from very poor to very good.
Heating Type
Electric storage heaters
Average
Hot Water
Electric immersion, off-peak
Very Poor
Roof
Flat, limited insulation (assumed)
Poor
Walls
Cavity wall, as built, partial insulation (assumed)
Average
Windows
Fully double glazed
Average
Lighting
Low energy lighting in 86% of fixed outlets
Very Good

Compared to PO40 9NP

27 th / 29
Price Rank
64% lower than average
15 th / 21
Size Rank
49% smaller than average
21 st / 21
Price Per Sq FT Rank
30% lower than average

Compared to other properties in PO40 9NP , this flat's estimated value ranks 27th out of 29. Based on price per square foot, it ranks 21th 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 15th out of 21 properties in its postcode area.

Sale History

Today
£122,756
streetscan.co.uk estimate
+284 %
4 Dec 1998
£32,000
Leasehold
+14.3 %
28 Apr 1997
£28,000
Leasehold

Area Insights

Similar Properties Sold Nearby

rooms: 3
size: 452 sq ft
sale price: £155,000
sale date: 14 Sep 2022
rooms: 3
size: 484 sq ft
sale price: £152,000
sale date: 12 Aug 2022
rooms: 3
size: 484 sq ft
sale price: £144,000
sale date: 14 Apr 2022
rooms: 3
size: 451 sq ft
sale price: £125,000
sale date: 31 Oct 2019
rooms: 3
size: 495 sq ft
sale price: £122,000
sale date: 4 Jun 2018

Data Sources

The property at Flat 4, Solent Court Colwell Chine Road, Freshwater, PO40 9NP appears two times in the Land Registry records, with the latest transaction recorded on 4 Dec 1998. It also has two Energy Performance Certificates (EPC) entries, the earliest dating back to 30 Jul 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.


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