2 Parkway

    2, PARKWAY, FRESHWATER, PO40 9DQ

    This detached freehold property on Parkway last sold in April 2018 for £225,000. Based on price growth in the PO40 district since then, its estimated current value is £300,787 — placing it in the 49th percentile nationally and the 54th percentile within PO40. The property covers 64 m² (689 sq ft), giving an estimated value of £4,700 per m². The EPC rating is E, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    64 m²

    (689 sq ft)

    Last Sale Price

    £225,000

    Apr 2018

    Estimated Valuation

    £300,787

    Est. £/m²

    £4,700/m²

    £437/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms4
    Main fuelelectricity (not community)
    EPC currentE
    EPC potentialB
    Floor area64 m² (689 sq ft)
    EPC dateFeb 2018
    WallsCavity wall, filled cavity
    HeatingElectric storage heaters

    Transaction History

    6 Apr 2018

    £225,000

    Key Metrics

    Estimated valuation£300,787
    Value per m² / sq ft£4,700/m² (£437/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO40 district percentile54th percentile
    National percentile49th percentile

    District Context — PO40

    PO40 covers the Isle of Wight, a maritime destination off the south coast of England. The area combines seaside appeal with a slower pace of life, attracting both retirees and families seeking coastal living.

    Average Property Price - PO40

    £308,589

    44

    National percentile

    Average Net Household Income - PO40

    £34,182

    26

    National percentile

    10-Year Annualised Price Growth - PO40

    3.9%

    62

    National percentile

    10-Year Annualised Rent Growth - PO

    4.1%

    58

    National percentile

    View full analysis for PO40

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