Monks Lane

    Ranked 10th of 87 streets in PO40 by average price

    Monks Lane is a residential street in PO40, FRESHWATER, with 31 properties recorded in the Land Registry. The 3-year average sale price is £485,000, based on 1 transactions. The street has 30 freehold and 1 leasehold properties. The street ranks 10th of 87 streets in PO40 by average price.

    3Y Avg Price

    £485,000

    1 sales

    Properties

    31

    30 freehold · 1 leasehold

    Sales / Year

    0.6

    5-year average

    Avg £/sq ft

    £304

    £3,274/m²

    Rank in PO40

    10th

    of 87 streets

    Last Sale

    £485,000

    Dec 2023

    Street Rankings — PO40

    Streets ranked by 3-year average sale price. Showing positions 615 of 87.

    #Street3Y Avg
    6Woodpecker Drive£663,000
    7Meadows Way£575,000
    8Bay Road£518,500
    9Windsor Drive£490,667
    10Monks Lane£485,000
    11Meadow Glade£438,500
    12The Nurseries£437,000
    13The Crundles£430,000
    14Afton Down£423,333
    15Summers Court£415,000

    Property Mix

    Type

    Terraced2 (6%)
    Semi-Detached15 (48%)
    Flat/Maisonette1 (3%)
    Detached13 (42%)

    Tenure

    Freehold30 (97%)
    Leasehold1 (3%)

    EPC Ratings

    22 of 31 properties have an EPC record

    A
    0 (0%)
    B
    0 (0%)
    C
    3 (14%)
    D
    8 (36%)
    E
    4 (18%)
    F
    7 (32%)
    G
    0 (0%)

    Avg floor area: 829 sq ft (77 m²)

    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

    Properties on Monks Lane

    Streets in PO40

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