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1, Belmont Drive, Lymington appears in the public record as a freehold house sitting on a 416 m2 plot.
By comparing it to nearby properties, we estimate it to be a modern house with 1,669 ft2 of internal area and a garden.
Locally, houses of this size normally have 4 bedrooms.
Our estimate of the sale value of 1, Belmont Drive, Lymington is £854,350 and its rental estimate is £2,120 per month, given the available information and assuming reasonable condition.
Belmont Drive, Lymington, SO41 falls within the SO41 postal district, in the borough of New Forest.
1, Belmont Drive, Lymington has a single entry in the Land Registry from May 2010 and no records in the EPC database.
We combine this sold price information with public data of neighbouring properties to estimate the attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Belmont Drive, Lymington, we estimate a market value of £897,068 and a rental value of £2,226 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £794,546 and £1,971 per month respectively.
Over the last year, 1, Belmont Drive, Lymington has seen its estimated sale value move down by £37,428 (4.4%) and its estimated rental value increase by £71 per month (3.4%). This results in an estimated gross rental yield of 3.0%.
HM Land Registry records the plot of land for 1, Belmont Drive, Lymington as measuring 416 m2.
That makes it the 7th largest plot in the postcode, where all 10 other houses have recorded plot data.
The most recent sale of 1, Belmont Drive, Lymington completed on 28th May 2010 at £635,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 27.1% over the period since May 2010.
Over the past 2 years 3 properties similar to 1, Belmont Drive, Lymington have sold within a radius of 880 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 8th September 2023, was 3, Belmont Drive, Lymington, SO41 3AE, a freehold house which sold for £950,000.
Read more about house prices in SO41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 10 addresses on Belmont Drive, Lymington, SO41, 1, Belmont Drive, Lymington comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £295k more expensive than the average property across the SO41 district.
From 1, Belmont Drive, Lymington, the nearest station is Lymington Pier, 1.0 kilometres away.
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
The flood risk here is rated very low, based on Environment Agency data.
The recent census recorded whether a resident owned or rented their home.
In the area around 1, Belmont Drive, Lymington, 66.4% of property is privately owned outright and 21.2% is privately owned with a mortgage.
The graph below shows how this compares to South East and the rest of England & Wales.
The recent census recorded the highest level of education achieved by residents in the local area.
In the area around 1, Belmont Drive, Lymington, 14.8% of residents are recorded as possessing school level qualifications and 54.8% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 1, Belmont Drive, Lymington, the average age was 50.3 and the most common age was 72.
The graph below shows how this compares to South East and the rest of England & Wales
The recent census recorded whether a property was a primary or secondary home for the resident.
In the area around 1, Belmont Drive, Lymington, 2.0% of property was a second home.
Comparison figures for South East and the rest of England & Wales are listed below.
The recent census recorded the number of cars registered in each household.
In the area around 1, Belmont Drive, Lymington, there are an average of 1.7 cars per household.
See below for how this compares to South East and the rest of England & Wales.