2, Monteray Drive
2, Monteray Drive
Description & Estimates
2, Monteray Drive, Lymington is recorded publicly as a modern freehold house across 538 ft2 of internal area, sitting on a 156 m2 plot.
Locally, houses of this size normally have 2 bedrooms with a garden.
Our estimate of the sale value of 2, Monteray Drive, Lymington is £242,462 and its rental estimate is £1,052 per month, given the available information and assuming reasonable condition.
Monteray Drive, Hordle, Lymington, SO41 falls within the SO41 postal district, in the borough of New Forest.
Our Data Sources
2, Monteray Drive, Lymington has 51 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated December 2014.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 4 out of 5 and is considered of high accuracy.
Price Range & Condition
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 2, Monteray Drive, Lymington, we estimate a market value of £254,585 and a rental value of £1,104 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £225,489 and £978 per month respectively.
Recent Market Change
Over the last year, 2, Monteray Drive, Lymington has seen its estimated sale value decline by £4,121 (1.7%) and its estimated rental value climb by £57 per month (5.4%). This results in an estimated gross rental yield of 5.2%.
Plot Size
HM Land Registry records the plot of land for 2, Monteray Drive, Lymington as measuring 156 m2.
That makes it the 3rd largest plot in the postcode, where 4 of the 5 other houses have recorded plot data.
Energy Efficiency
2, Monteray Drive, Lymington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 19 Dec 2014.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Monteray Drive, Lymington completed on 22nd May 2024 at £230,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 5 times.
Values of comparable properties have risen by 16.5% over the period since May 2024.
- Sold May 2024£230,000
- Sold Aug 2015£196,000
- Sold Aug 2007£168,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Monteray Drive, Lymington have sold within a radius of 1.2 kilometres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th January 2024, was 9, Sycamore Road, Lymington, SO41 0YF, a freehold house which sold for £270,000.
Read more about house prices in SO41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 5 addresses on Monteray Drive, Hordle, Lymington, SO41, 2, Monteray Drive, Lymington comes out as the 5th largest and the 5th most expensive in our analysis of the public data.
It is also £317k less expensive than the average property across the SO41 district.
More reading links
Schools Nearby
- 700mHordle CofE (VA) Primary School
- 1.1kmAshley Infant School
- 1.5kmAshley Junior School
- 3.2kmThe Arnewood School
- 4.7kmPriestlands School
- 7.3kmHighcliffe School
More reading links
Public Transport Nearby
From 2, Monteray Drive, Lymington, the nearest station is New Milton, 2.7 kilometres away.
- 2.7kmNew Milton
- 2.9kmSway
- 5.9kmLymington Town
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
