Larkrise Madeira Lane

    LARKRISE, MADEIRA LANE, FRESHWATER, PO40 9SP

    This detached freehold property on Madeira Lane last sold in May 2015 for £292,500. Based on price growth in the PO40 district since then, its estimated current value is £446,613 — placing it in the 73rd percentile nationally and the 83rd percentile within PO40. The property covers 129 m² (1,389 sq ft), giving an estimated value of £3,462 per m². The EPC rating is D, with a potential rating of C.

    Type

    Detached

    Tenure

    Freehold

    Floor Area

    129 m²

    (1,389 sq ft)

    Last Sale Price

    £292,500

    May 2015

    Estimated Valuation

    £446,613

    Est. £/m²

    £3,462/m²

    £322/sq ft

    Property Details

    TypeDetached
    TenureFreehold
    Built formDetached
    Construction ageEngland and Wales: 1967-1975
    Habitable rooms6
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialC
    Floor area129 m² (1,389 sq ft)
    EPC dateAug 2014
    WallsCavity wall, filled cavity
    HeatingBoiler and radiators, mains gas

    Transaction History

    29 May 2015

    £292,500

    Key Metrics

    Estimated valuation£446,613
    Value per m² / sq ft£3,462/m² (£322/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO40 district percentile83rd percentile
    National percentile73rd 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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