Monks Cottage Monks Lane

    MONKS COTTAGE, MONKS LANE, FRESHWATER, PO40 9SU

    This semi-detached freehold property on Monks Lane last sold in December 2023 for £485,000. Based on price growth in the PO40 district since then, its estimated current value is £411,527 — placing it in the 69th percentile nationally and the 78th percentile within PO40. The property covers 89 m² (958 sq ft), giving an estimated value of £4,624 per m². The EPC rating is D, with a potential rating of B.

    Type

    Semi-Detached

    Tenure

    Freehold

    Floor Area

    89 m²

    (958 sq ft)

    Last Sale Price

    £485,000

    Dec 2023

    Estimated Valuation

    £411,527

    Est. £/m²

    £4,624/m²

    £430/sq ft

    Property Details

    TypeSemi-Detached
    TenureFreehold
    Built formSemi-Detached
    Construction ageEngland and Wales: 1900-1929
    Habitable rooms5
    Main fuelmains gas (not community)
    EPC currentD
    EPC potentialB
    Floor area89 m² (958 sq ft)
    EPC dateJun 2019
    WallsCavity wall, as built, no insulation (assumed)
    HeatingBoiler and radiators, mains gas

    Transaction History

    1 Dec 2023

    £485,000

    12 Dec 2019

    £258,500

    9 Sept 2016

    £245,000

    9 Jun 2006

    £135,000

    Key Metrics

    Estimated valuation£411,527
    Value per m² / sq ft£4,624/m² (£430/sq ft)
    Estimated gross yieldNot available
    Implied monthly rentNot available
    PO40 district percentile78th percentile
    National percentile69th 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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