1 Lucerne Gate Lane

    1 LUCERNE, GATE LANE, FRESHWATER, FRESHWATER, PO40 9QD

    This flat/maisonette freehold property on Gate Lane last sold in April 2006 for £185,000. Based on price growth in the PO40 district since then, its estimated current value is £257,086 — placing it in the 39th percentile nationally and the 39th percentile within PO40. The property covers 61 m² (657 sq ft), giving an estimated value of £4,215 per m². The EPC rating is E, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Freehold

    Floor Area

    61 m²

    (657 sq ft)

    Last Sale Price

    £185,000

    Apr 2006

    Estimated Valuation

    £257,086

    Est. £/m²

    £4,215/m²

    £392/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureFreehold
    Built formMid-Terrace
    Construction ageEngland and Wales: before 1900
    Habitable rooms3
    Main fuelmains gas (not community)
    EPC currentE
    EPC potentialC
    Floor area61 m² (657 sq ft)
    EPC dateMar 2016
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    28 Apr 2006

    £185,000

    24 Apr 2002

    £73,950

    30 Aug 1996

    £28,500

    Key Metrics

    Estimated valuation£257,086
    Value per m² / sq ft£4,215/m² (£392/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO40 district percentile39th percentile
    National percentile39th 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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