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Bricks&Logic is a trading name of Urban Markets Ltd
Company No. 11113204
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VAT No. GB 287 0845 68
Registered Address: 2 Leman St, London E1 8FA
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According to the public record, 2, Statum 2, Bournemouth is a modern leasehold apartment with 409 ft2 of internal area.
Apartments of this size in this area normally have 1 bedroom with a balcony.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Statum 2, Bournemouth is £156,083 and the estimated rental value is £814 per month.
The apartment is within Statum, Wootton Mount, Bournemouth, BH1.
Wootton Mount, Bournemouth, BH1 is located within the BH1 postal district.
2, Statum 2, Bournemouth has a single entry in the Land Registry from November 2019 and a single entry in the EPC database dated August 2022.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 5 out of 5 and is considered of high accuracy.
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Statum 2, Bournemouth is in very good condition we estimate a sale value of £163,887 and a rental value of £854 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £145,157 and a rental value of £757 per month.
Over the last 12 months the sale value of 2 Statum 2 Bournemouth has decreased by an estimated £5,619 (3.6%) and its rental value has increased by an estimated £19 per month (2.3%), giving an expected gross yield of 6.3%.
2, Statum 2, Bournemouth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 09 Aug 2022.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
According to HM Land Registry, 2, Statum 2, Bournemouth was last sold on 1st November 2019 for £161,500 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since November 2019, the market for similar properties has dropped 13.5%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Statum 2, Bournemouth within a radius of 270 metres over the last 2 years.
The most recent example is 11, Statum 2, Wootton Mount, Bournemouth, BH1 1AY, a leasehold flat which sold for £165,000 on the 21st May 2020.
Read more about house prices in BH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Wootton Mount, Bournemouth, BH1 has a total of 77 addresses. According to our analysis of all the public data, 2, Statum 2, Bournemouth is the 73rd largest and the 47th most expensive property on the street.
When compared to the postcode district it is £56k less expensive than the average property in BH1.
The closest station to 2, Statum 2, Bournemouth is Bournemouth station which is 700 metres away.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 2, Statum 2, Bournemouth, 67.5% of property is privately rented and 23.5% is privately owned with a mortgage.
The graph below shows how this compares to South West 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 2, Statum 2, Bournemouth, 23.0% of residents are recorded as possessing school level qualifications and 55.2% as possessing degree level qualifications.
The graph below shows how this compares to South West and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 2, Statum 2, Bournemouth, the average age was 36 and the most common age was 22.
The graph below shows how this compares to South West 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 2, Statum 2, Bournemouth, 0.6% of property was a second home.
Comparison figures for South West 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 2, Statum 2, Bournemouth, there are an average of 0.7 cars per household.
See below for how this compares to South West and the rest of England & Wales.
