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8 Makings Close, Freshwater, Isle Of Wight, PO40 9RQ

How much is 8 Makings Close, Freshwater, Isle Of Wight, PO40 9RQ worth?

Estimated value — November 2026

£412,000

Likely range £330,000 – £468,000Four in five similar homes sold within their range when we tested it.

Latest recorded sale October 1998

64%

confidence

Medium

Typically within 9% of the sale price

Property details

Detached house

Makings Close · Freshwater · PO40 9RQ

115 m²1,238 sq ftFloor area
1991-1995Built
Mains gas boilerHeating

Energy performance

Current ratingD65
PotentialC73

Mains Gas (Not Community) · EPC 4400-6761-0022-0594-3153 · inspected September 2025 · lodged October 2025

Address

District
Isle of Wight
County
Isle of Wight
See house prices in PO40 →

Value over time

  • Modelled value
  • Projected
  • Likely range (80%)
  • Today's estimate
£0£200k£400k£600k20002002200420062008201020122014201620182020202220242026£412,000

Drawn through each of this property's recorded sales and ending at today's estimate, with the UK House Price Index for its area and property type filling in the months between. The shaded band is where four in five prices fell when we tested this line against real sales of similar homes; it widens the further a month is from a recorded sale, and today it matches the likely range above.

View as a table
Modelled value at the end of each year, with any recorded sales
YearModelled valueLikely range
2000£137,375£118,967 – £158,588
2001£158,656£136,077 – £182,391
2002£192,108£163,176 – £220,883
2003£217,179£182,811 – £250,934
2004£249,956£208,666 – £289,329
2005£249,191£206,820 – £287,660
2006£263,529£217,516 – £303,871
2007£280,603£229,940 – £323,793
2008£260,375£211,637 – £301,293
2009£259,132£209,309 – £300,126
2010£265,367£213,322 – £308,480
2011£263,449£211,938 – £306,646
2012£256,755£206,245 – £299,975
2013£269,827£216,743 – £316,234
2014£280,048£247,673 – £302,157
2015£297,317£260,820 – £322,242
2016£299,984£261,015 – £326,597
2017£320,368£276,460 – £350,354
2018£332,476£284,531 – £365,219
2019£343,099£291,168 – £378,564
2020£381,135£320,722 – £422,393
2021£416,633£347,614 – £463,768
2022£457,615£378,535 – £511,621
2023£435,437£357,076 – £488,952
2024£422,715£343,620 – £476,731
2025£409,586£330,019 – £463,924
2026£412,000£330,000 – £468,000

Sale history

1996Sold
£76,000
1998Sold
+28%£97,000
2026Today — estimated
+325%£412,000

Mortgage calculator

£2,211

Estimated monthly repayment

£370,800

Loan amount

£425,242

Total interest

£796,042

Total repayable

A guide only, based on a capital repayment mortgage held at a constant interest rate for the full term. Not a mortgage offer or financial advice.

Related properties

About this property

8 Makings Close, Freshwater, Isle Of Wight, PO40 9RQ is a detached house on Makings Close in Freshwater, Isle of Wight. Stede's estimated value for November 2026 is £412,000. Four in five similar homes sold within their likely range when tested; for this property that range is £330,000 to £468,000. It combines their price per m² applied to its floor area (50%), its own last sale brought up to date with the House Price Index (25%) and recent sales of 72 similar homes in the same postcode sector (25%). The confidence score is 64 out of 100 (medium): estimates like this one are typically within 9% of the eventual sale price.

It last sold in October 1998 for £97,000. It has 2 sales on record, the earliest in 1996. The current estimate is 325% higher than that price. The current owner has held it for about 28 years.

Its EPC energy-efficiency rating is band D (65 out of 100), with a potential of band C (73) after the recommended improvements. The certificate records a total floor area of 115 m² (1,238 sq ft). It was lodged in October 2025.

The modelled value is unchanged over the past year and unchanged over the past five years.

Among 7 nearby properties Stede tracks in the PO40 area, estimated values run from £301,000 to £386,000. This detached house's £412,000 sits above that range.

Common questions

How much is 8 Makings Close, Freshwater, Isle Of Wight, PO40 9RQ worth?

Stede estimates 8 Makings Close, Freshwater, Isle Of Wight, PO40 9RQ is worth £412,000 as of November 2026, within a likely range of £330,000 to £468,000. The estimate is generated automatically from recorded sale prices of this and similar nearby homes and the UK House Price Index, and is not a formal valuation.

When did 8 Makings Close, Freshwater, Isle Of Wight, PO40 9RQ last sell?

It last sold in October 1998 for £97,000. There are 2 sales on record, the earliest in 1996.

What type of property is 8 Makings Close, Freshwater, Isle Of Wight, PO40 9RQ?

It is recorded as a Detached house on Makings Close in the PO40 postcode area.

What is the EPC rating of 8 Makings Close, Freshwater, Isle Of Wight, PO40 9RQ?

8 Makings Close, Freshwater, Isle Of Wight, PO40 9RQ has an EPC energy-efficiency rating of band D (65 out of 100). Its potential rating after the recommended improvements is band C (73). The certificate records a floor area of 115 m² (1,238 sq ft). EPC data is published by the Ministry of Housing, Communities & Local Government and reflects the most recent certificate on record.

How reliable is this estimate?

The confidence score is 64 out of 100 (medium). Tested against real sales of similar homes, estimates like this one are typically within 9% of the sale price, and four in five sold within their likely range. The figure is a data model, not a RICS valuation or Home Report, and should not be used for mortgage or legal decisions.

How does Stede calculate this estimate?

It combines their price per m² applied to its floor area (50%), its own last sale brought up to date with the House Price Index (25%) and recent sales of 72 similar homes in the same postcode sector (25%). Each piece of evidence gets the share that proved most accurate when tested against real sales of similar homes, and the same testing sets the likely range and confidence. Full detail is on the methodology page.

How we got this figure

We weighed the evidence below, giving each piece the share that proved most accurate when we tested it against real sales of similar homes. The likely range and confidence come from testing the same method against 16,524 real sales of similar homes.

  • Recent price per m² in the same postcode sector, for its 115 m²£444,84550%
  • Its sale in October 1998, brought up to today with the House Price Index£389,91325%
  • 72 similar homes sold recently in the same postcode sector£367,52025%

Estimate £412,000, likely £330,000 – £468,000

Read the full methodology and data sources →