Flat 1 The Pannells Terrace Lane

    FLAT 1 THE PANNELLS, TERRACE LANE, FRESHWATER, PO40 9QE

    This flat/maisonette leasehold property on Terrace Lane last sold in May 2018 for £290,000. Based on price growth in the PO40 district since then, its estimated current value is £273,593 — placing it in the 43rd percentile nationally and the 44th percentile within PO40. The property covers 142 m² (1,528 sq ft), giving an estimated value of £1,927 per m². The EPC rating is D, with a potential rating of C.

    Type

    Flat/Maisonette

    Tenure

    Leasehold

    Floor Area

    142 m²

    (1,528 sq ft)

    Last Sale Price

    £290,000

    May 2018

    Estimated Valuation

    £273,593

    Est. £/m²

    £1,927/m²

    £179/sq ft

    Property Details

    TypeFlat/Maisonette
    TenureLeasehold
    Built formDetached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area142 m² (1,528 sq ft)
    EPC dateAug 2017
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    25 May 2018

    £290,000

    21 Aug 2015

    £200,000

    Key Metrics

    Estimated valuation£273,593
    Value per m² / sq ft£1,927/m² (£179/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO40 district percentile44th percentile
    National percentile43rd 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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