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Locally, apartments of this size normally have 3 bedrooms.
Our estimate of the sale value of 1, Lower Buckland Road, Lymington is £311,179 and its rental estimate is £1,245 per month, given the available information and assuming reasonable condition.
Lower Buckland Road, Lymington, SO41 falls within the SO41 postal district, in the borough of New Forest.
1, Lower Buckland Road, Lymington has 41 entries in the Land Registry , most recently in January 2019 and a single entry in the EPC database dated December 2021.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 2 out of 5 and is considered of medium 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, Lower Buckland Road, Lymington, we estimate a market value of £326,738 and a rental value of £1,308 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £289,397 and £1,158 per month respectively.
Over the last year, 1, Lower Buckland Road, Lymington has seen its estimated sale value decrease by £18,364 (5.9%) and its estimated rental value grow by £18 per month (1.4%). This results in an estimated gross rental yield of 4.8%.
1, Lower Buckland Road, Lymington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 01 Dec 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
The most recent sale of 1, Lower Buckland Road, Lymington completed on 23rd January 2019 at £303,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 the property has sold 4 times.
Values of comparable properties have dropped by 5.2% over the period since January 2019.
Over the past 2 years 3 properties similar to 1, Lower Buckland Road, Lymington have sold within a radius of 530 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 21st August 2023, was Apartment 20, Brockenhurst Court, Hillcroft Close, Lymington, SO41 9BA, a leasehold flat which sold for £270,000.
Read more about house prices in SO41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 120 addresses on Lower Buckland Road, Lymington, SO41, 1, Lower Buckland Road, Lymington comes out as the 40th largest and the 72nd most expensive in our analysis of the public data.
It is also £248k less expensive than the average property across the SO41 district.
From 1, Lower Buckland Road, Lymington, the nearest station is Lymington Town, 600 metres away.
The flood risk here is rated very low, based on Environment Agency data.
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The recent census recorded whether a resident owned or rented their home.
In the area around 1, Lower Buckland Road, Lymington, 48.2% of property is privately owned outright and 16.2% 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, Lower Buckland Road, Lymington, 10.8% of residents are recorded as possessing school level qualifications and 35.0% 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, Lower Buckland Road, Lymington, the average age was 45.3 and the most common age was 57.
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, Lower Buckland Road, Lymington, 0.5% 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, Lower Buckland Road, Lymington, there are an average of 1.1 cars per household.
See below for how this compares to South East and the rest of England & Wales.