Alma Cottage Colwell Lane

    ALMA COTTAGE, COLWELL LANE, FRESHWATER, PO40 9LT

    This terraced freehold property on Colwell Lane last sold in February 2024 for £240,000. Based on price growth in the PO40 district since then, its estimated current value is £270,538 — placing it in the 42nd percentile nationally and the 44th percentile within PO40. The property covers 107 m² (1,152 sq ft), giving an estimated value of £2,528 per m². The EPC rating is E, with a potential rating of C.

    Type

    Terraced

    Tenure

    Freehold

    Floor Area

    107 m²

    (1,152 sq ft)

    Last Sale Price

    £240,000

    Feb 2024

    Estimated Valuation

    £270,538

    Est. £/m²

    £2,528/m²

    £235/sq ft

    Property Details

    TypeTerraced
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area107 m² (1,152 sq ft)
    EPC dateFeb 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Feb 2024

    £240,000

    12 Mar 2020

    £179,000

    12 Sept 2013

    £140,000

    16 May 2000

    £64,500

    4 Apr 1997

    £42,000

    Key Metrics

    Estimated valuation£270,538
    Value per m² / sq ft£2,528/m² (£235/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO40 district percentile44th percentile
    National percentile42nd 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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