Cherry Trees Madeira Lane

    CHERRY TREES, MADEIRA LANE, FRESHWATER, PO40 9SP

    This detached freehold property on Madeira Lane last sold in September 2021 for £440,000. Based on price growth in the PO40 district since then, its estimated current value is £433,111 — placing it in the 72nd percentile nationally and the 81st percentile within PO40. The property covers 138 m² (1,485 sq ft), giving an estimated value of £3,138 per m². The EPC rating is C, with a potential rating of B.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    138 m²

    (1,485 sq ft)

    Last Sale Price

    £440,000

    Sept 2021

    Estimated Valuation

    £433,111

    Est. £/m²

    £3,138/m²

    £292/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1950-1966
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentC
    EPC potentialB
    Floor area138 m² (1,485 sq ft)
    EPC dateSept 2020
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    27 Sept 2021

    £440,000

    10 Mar 2004

    £227,000

    Key Metrics

    Estimated valuation£433,111
    Value per m² / sq ft£3,138/m² (£292/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO40 district percentile81st percentile
    National percentile72nd 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

    More properties in PO40

    Explore nearby