Every figure on this page comes from the public record: 4,393 sales registered with HM Land Registry in PO40 (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.
Sales data to April 2026. Rents: ONS, May 2026. Regenerated with every monthly data refresh.
PO40 is the postcode district covering Freshwater in Freshwater. Districts are a practical way to slice a market: small enough to mean something locally, big enough to have a steady flow of sales to measure.
Where PO40 sits
Click the map to open PO40 on the live map, with every sale plotted at its address. The average pricing view shades the whole country the same way.
£272,500median sold price, 2026
-1%five-year change (cash)
96sales in the last 12 months
4.2%gross rental yield (est.)
What a home in PO40 sells for
The 2026 median in PO40 is £272,500, from 18 registered sales; the mean, £251,600, sits below it, which usually means a cluster of very cheap recorded transfers is dragging the average down.
For scale: the England and Wales median is £274,000, so PO40 trades 1% below the country as a whole.
The price of a typical PO40 home, 1995 to 2026
The median as recorded at the time, and each year restated in today's money (ONS CPIH), the sharper test of whether homes really got dearer. Hover for the year-by-year figures; click a legend entry to isolate a series.
Price at the timeIn today's money (CPIH)
See this chart as a table
Year
Median (cash)
Median (today's £)
Sales
2026
£272,500
£272,500
18
2025
£295,000
£295,000
115
2024
£280,000
£290,745
110
2023
£300,000
£321,928
113
2022
£315,000
£360,747
143
2021
£275,000
£340,054
186
2020
£230,000
£291,460
153
2019
£235,000
£300,835
136
2018
£235,000
£305,943
164
2017
£210,000
£279,730
183
2016
£198,000
£270,535
176
2015
£190,000
£262,200
156
2014
£181,500
£251,476
150
2013
£185,000
£259,980
111
2012
£181,500
£260,906
113
2011
£176,000
£259,487
99
2010
£198,500
£304,029
88
2009
£187,000
£293,584
109
2008
£180,000
£288,167
80
2007
£195,000
£323,049
167
2006
£190,000
£322,113
152
2005
£177,500
£308,501
126
2004
£166,200
£294,802
186
2003
£142,600
£256,568
140
2002
£125,000
£229,694
172
2001
£95,000
£178,367
155
2000
£85,000
£162,917
150
1999
£68,500
£133,329
164
1998
£66,200
£130,509
148
1997
£58,000
£116,168
162
1996
£56,500
£116,373
151
1995
£52,000
£110,400
117
In cash terms the typical PO40 home went from £52,000 in 1995 to £272,500 in 2026, roughly 5 times the price. Even after inflation that is a real rise of about 147%: homes here genuinely became dearer, not just more expensive on paper. Measured in today's money the market peaked in 2022; the current median sits about 24% 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 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)
−7.6%
−7.6%
5 years (since 2021)
−0.2%
−4.3%
10 years (since 2016)
+3.2%
+0.1%
20 years (since 2006)
+1.8%
−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.
Transaction volumes
How many homes change hands
Recorded sales per year. The dip after 2008 is the financial crisis; the last bar is still filling in as recent sales get registered.
The last five years, month by month
Monthly registrations. The sawtooth is seasonal; the register runs weeks behind completions at the right-hand edge.
PO40 recorded 96 sales in the last twelve months of data. 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 100 a year over the last five. Volume matters as much as price: when few homes change hands, the median gets jumpy and a single street can move the figure. The most recent year is always still filling in, because sales appear in the Land Registry weeks or months after completion.
What homes rent for around PO40
PO40 falls under Isle of Wight, where the ONS puts the average private rent at £946 a month (May 2026 figures). A one-bed averages £659 a month here and a four-or-more-bed £1,508, so size does most of the work in setting the rent.
Average monthly rent by size, Isle of Wight
ONS Price Index of Private Rents, May 2026.
Set against the £272,500 median sold price, £946 a month is £11,352 a year, a gross yield of 4.2%: gross, before letting costs, voids, maintenance and tax, so a ceiling rather than a promise. Rents are published at local-authority level, so nearby districts in the same authority share these figures.
Will PO40 prices rise from here?
Nobody can tell you that, and this page will not pretend to. What the record shows: the median is roughly flat over five years in cash but down 20% 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.
Ladders and snakes: five-year risers and fallers
PO40 ranks 25 of 34 in the PO area on five-year growth. The gap between the top and bottom of this chart is the difference between buying well and buying badly in the same city.
Five-year change in the median, PO area districts
The biggest risers and fallers in cash terms; every row links to that district's report.
Inside PO40, street group by street group
Postcode sectors are the next slice down, each a group of streets. Prices can differ sharply between two sectors a few minutes' walk apart.
How this page is made: the statistics are computed from HM Land Registry Price Paid Data (Crown copyright, OGL v3.0), geocoded to address level; inflation adjustment uses the ONS CPIH index; rents are the ONS Price Index of Private Rents at local-authority level. Medians of recorded sales, not valuations. Nothing on this page is financial advice.