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Freshwater market report PO40

The standing PO40 (Freshwater) property market report, rebuilt from the full public record every month. Every figure on this page comes from the public record: 4,188 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.

Covers registered sales to July 2026 and ONS rents for May 2026. Refreshed monthly as new sales reach the register.

In short: the 2026 median for PO40 (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.

The postcode district PO40 covering Freshwater sits in Freshwater. A district is the workhorse unit for reading a market: local enough to be meaningful, busy enough that the medians rest on a steady flow of sales.

What buyers actually paid in PO40

In the PO40 property market, the 2026 median sale price is £280,000, from 33 registered sales; the mean, the "average house price" most sites quote, is £272,600, sitting practically level with it: prices here bunch tightly around the middle.

House prices per square metre in PO40

Measured by floor area, the last five years of PO40 sales average about £3,480 per square metre. Price per square metre is the fair way to compare a one-bed flat with a four-bed house, and it comes from the Energy Performance Certificate on each sold home.

For scale: the England and Wales median is £285,000, so PO40 trades 2% below the country as a whole.

In cash terms the typical PO40 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.

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.

Growth per year, over one to twenty years

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.

Detached, semi, terraced, flat: four markets in one

A single median hides the split beneath it. Sales of detached houses dominate the record here, 42% of the typed total. A detached home currently trades at £366,200 against £140,000 for a flat, 2.6 times the price.

Sales activity in PO40

Over the last twelve months of data, 73 sales completed in PO40. 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. 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 tenants pay around PO40

For renting purposes PO40 sits in Isle of Wight. The ONS average private rent there is £946 a month (May 2026). Size sets most of the rent: one-beds average £659 a month here against £1,508 for four or more bedrooms.

£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.

The shape of the PO40 market

Only 73 sales completed here in the last twelve months of data, which makes PO40 a thin market. Each figure rests on few transactions, so single streets can swing the median and the charts deserve a sceptical squint.

Common questions on PO40 (Freshwater)

Where do PO40 prices go next?

The record answers a different question than "what happens next": the median is down 3% over five years in cash but down 24% after inflation. Put the volume chart beside the price chart before drawing conclusions, and allow for the register's lag behind actual completions.

Bedroom by bedroom: PO prices by size

The risers and the fallers

PO40 ranks 26 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.

Inside PO40, sector by sector

Postcode sectors are the next slice down, each a group of streets with its own market report. Prices can differ sharply between two sectors a few minutes' walk apart.

How PO40 compares nearby

Same city, different markets. The neighbouring districts of the PO area, dearest first:

Selling a home in PO40? Price it on the evidence

Keep digging

Behind the answers sits the same Land Registry record as this page, with PO40 already set as the subject. Free, one click sign in.

The live map plots every individual PO40 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.

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.