Local market reports › PO area › PO40 › PO40 9
Freshwater market report PO40 9
The PO40 9 (Freshwater) house price history in full, 1995 to 2026, in cash and in today's money. Every figure on this page comes from the public record: 4,188 sales registered with HM Land Registry in PO40 9 (Freshwater) since 1995, each one a completed purchase at a real price, plus current rental figures from the ONS. Nothing here is a valuation, an estimate or an asking price.
Covers registered sales to 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.
In short: the 2026 median for PO40 9 (Freshwater) is £280,000, from 33 registered sales, down 3% on five years earlier; the mean is £272,600, and by floor area homes here have averaged about £3,480 per square metre over the last five years. Behind the figures sit 4,188 HM Land Registry entries going back to 1995, refreshed monthly, every one a completed sale rather than a valuation or an asking price.
PO40 9 is a postcode sector: one group of streets inside PO40 (Freshwater). This is as local as the public record gets, but sector medians move on fewer sales than a district's, so expect the lines to be lumpier.
Where PO40 9 sits
Shaded by median price on the same scale as the average prices map. Click any shape to open it on the live map with every sale plotted at its address, or zoom in past street level to see the sold homes right here.
What a home in PO40 9 sells for
Across 33 registered 2026 sales, the typical (median) PO40 9 home went for £280,000. The mean is £272,600, almost on top of it, so sales bunch tightly around the typical price.
PO40 9 prices by floor area
A square metre of PO40 9 home has cost about £3,480 on average across the last five years of sales, using the floor area on each home's Energy Performance Certificate: the measure that puts a studio and a five-bed on the same footing.
Against a national (England and Wales) median of £285,000, PO40 9 runs 2% below it.
The price of a typical PO40 9 home, 1995 to 2026
One line records the median as paid; the other restates every year in today's money via ONS CPIH, the honest measure of getting dearer. Hover for year figures, click the legend to isolate a line.
See this chart as a table
| Year | Median (cash) | Median (today's £) | Sales |
|---|---|---|---|
| 2026 | £280,000 | £280,000 | 33 |
| 2025 | £295,000 | £302,054 | 99 |
| 2024 | £288,500 | £306,735 | 93 |
| 2023 | £313,200 | £344,130 | 92 |
| 2022 | £325,000 | £381,100 | 129 |
| 2021 | £290,000 | £367,177 | 157 |
| 2020 | £235,000 | £304,917 | 133 |
| 2019 | £245,000 | £321,136 | 114 |
| 2018 | £238,000 | £317,258 | 146 |
| 2017 | £222,000 | £302,786 | 145 |
| 2016 | £202,500 | £283,300 | 166 |
| 2015 | £190,000 | £268,470 | 150 |
| 2014 | £190,000 | £269,548 | 143 |
| 2013 | £185,000 | £266,197 | 109 |
| 2012 | £181,500 | £267,145 | 113 |
| 2011 | £176,000 | £265,692 | 99 |
| 2010 | £198,500 | £311,299 | 88 |
| 2009 | £187,000 | £300,604 | 109 |
| 2008 | £180,000 | £295,058 | 80 |
| 2007 | £195,000 | £330,774 | 167 |
| 2006 | £190,000 | £329,816 | 152 |
| 2005 | £177,500 | £315,878 | 126 |
| 2004 | £166,200 | £301,852 | 186 |
| 2003 | £142,600 | £262,704 | 140 |
| 2002 | £125,000 | £235,186 | 172 |
| 2001 | £95,000 | £182,633 | 155 |
| 2000 | £85,000 | £166,813 | 150 |
| 1999 | £68,500 | £136,517 | 164 |
| 1998 | £66,200 | £133,629 | 148 |
| 1997 | £58,000 | £118,946 | 162 |
| 1996 | £56,500 | £119,156 | 151 |
| 1995 | £52,000 | £113,040 | 117 |
In cash terms the typical PO40 9 home went from £52,000 in 1995 to £280,000 in 2026, roughly 5 times the price. Adjusted for inflation it still comes to a real rise of roughly 148%, so homes here got dearer in substance, not only in cash. Measured in today's money the market peaked in 2022; the current median sits about 27% below that. Someone who bought at the 2022 peak has not yet seen that price back in real terms.
Year-on-year change in the PO40 9 median
Each bar is the change on the year before, in cash. The zero line is the boundary between rising and falling.
The strongest year on record here is 2002 (+31.6% on the year before); the weakest, 2011 (−11.3%). Single-year swings like these are why the annualised table below matters more than any one year's headline.
Annualised returns
| Period | Cash, per year | Real terms, per year |
|---|---|---|
| 1 years (since 2025) | −5.1% | −7.3% |
| 5 years (since 2021) | −0.7% | −5.3% |
| 10 years (since 2016) | +3.3% | −0.1% |
| 20 years (since 2006) | +2.0% | −0.8% |
Compound annual growth of the median sold price; the real column deflates by ONS CPIH. Annualised figures smooth the cycle (the chart above shows the cycle), and past growth is a record, not a forecast.
How many homes change hands in PO40 9
The year-by-year sales count
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
Over the last twelve months of data, 33 sales completed in PO40 9. Like most of England and Wales, turnover never fully recovered from 2008: the market here averaged 156 sales a year before the financial crisis and 89 a year over the last five. Watch the volume as closely as the price. Thin years make jumpy medians, where one street's sales can move the figure, and the newest year is always incomplete because registrations trail completions by weeks or months.
What homes rent for around PO40 9
PO40 9 falls under Isle of Wight, where the ONS puts the average private rent at £946 a month (May 2026 figures). The spread runs from £659 a month for a typical one-bed to £1,508 at four-plus bedrooms, which is size doing most of the pricing.
Average monthly rent by size, Isle of Wight
ONS Price Index of Private Rents, May 2026.
£946 a month is £11,352 a year, which against the £280,000 median sold price makes a gross yield of 4.1%. Gross means before letting costs, voids, maintenance and tax: treat it as a ceiling. The ONS publishes rents by local authority, so neighbouring districts under the same authority share these numbers.
How PO40 9 trades
Only 33 sales completed here in the last twelve months of data, which makes PO40 9 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.
PO40 9 (Freshwater): the questions that come up
Is PO40 9 (Freshwater) a good place to buy a house?
How much did a house sell for in PO40 9 (Freshwater)?
Are property prices falling in PO40 9 (Freshwater)?
Will PO40 9 prices rise from here?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is down 3% over five years in cash but down 24% after inflation. If you are weighing a purchase, read the volume chart alongside the price one, and remember that every figure here is a completed sale, lagged by the weeks it takes the Land Registry to register it.
Bedroom by bedroom: PO prices by size
The Land Registry record, split by size: what each kind of home actually sold for across the PO area. Size steps are fiercely local. A third bedroom adds a quarter to the price in some areas and close to four fifths in others, which is why no national rule of thumb survives contact with a real market.
| Type | 1 bed | 2 bed | 3 bed | 4 bed | 5 bed |
|---|---|---|---|---|---|
| Detached | — | £350,000 | £475,000 (+36%) | £675,000 (+42%) | £900,000 (+33%) |
| Semi-detached | £273,250 | £305,000 (+12%) | £352,500 (+16%) | £430,000 (+22%) | £610,000 (+42%) |
| Terraced | £230,000 | £253,000 (+10%) | £290,000 (+15%) | £375,000 (+29%) | £498,750 (+33%) |
| Flat | £145,000 | £198,000 (+37%) | £290,000 (+46%) | £500,000 (+72%) | — |
Four years of recorded sales, split by built form and bedroom count. The register does not state bedrooms, so sizes come from each home's EPC record and a few homes will land one size out. Blank cells mean too few homes for the figure to mean anything.
The risers and the fallers
The spread across the PO area is the point: the same five years treated these districts very differently.
PO area districts: five years of change
The biggest risers and fallers in cash terms; every row links to that district's report.
Zoom out to the full PO40 district report for the type split, monthly volumes and how PO40 compares with its neighbours.
Before you sell in PO40 9: what the record supports
Start from what homes here actually sold for, not an estimate. Before booking a house valuation or flat valuation in PO40 9, use the average prices map for a rough value: zoom from PO40 9's shading down to the sold homes on your own street. The figures above are every recorded PO40 9 sale; agents price with this same Land Registry record, and now you have it too.
For local estate agents: each district report carries one featured-agent spot, free while founding places last. Claim PO40 9.
Keep digging
Behind the answers sits the same Land Registry record as this page, with PO40 9 already set as the subject. Free, one click sign in.
The live map plots every individual PO40 9 sale at its exact address, and the average prices map zooms from neighbourhood shading to single homes. For a specific question, the report tool writes a custom answer, and any sale's mortgage and rent calculator runs the numbers on a real purchase.
About the numbers: everything is computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to the address; today's-money figures use the ONS CPIH index, and rents are the ONS Price Index of Private Rents by local authority. These are medians of recorded sales, not valuations, and none of it is financial advice.