29, Drake Close
29, Drake Close
Description & Estimates
Public records show 29, Drake Close, New Milton to be a mid-century freehold house with 1,227 ft2 of internal area, sitting on a 148 m2 plot.
In this area, houses of this size normally have 4 bedrooms with a garden.
29, Drake Close, New Milton has an estimated sale value of £284,002 and an estimated rental value of £1,302 per month, assuming reasonable condition and based on the information available.
Drake Close, New Milton, BH25 lies in the borough of New Forest, within the BH25 postal district.
Our Data Sources
29, Drake Close, New Milton has 21 entries in the Land Registry , most recently in April 2010 and a single entry in the EPC database dated January 2016.
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
In very good condition, we estimate 29, Drake Close, New Milton would be worth £298,202, with a potential rental value of £1,368 per month.
If substantial cosmetic improvements are needed, the estimated sale value falls to £264,122, with a rental value of £1,211 per month.
The extent to which decoration affects a property's value depends on its type, size and location.
Recent Market Change
The estimated sale value of 29, Drake Close, New Milton has decreased by £10,995 (3.9%) over the last year. During the same period, its estimated monthly rental value has grown by £35 (2.7%). The property's estimated gross yield is currently 5.5%.
Plot Size
29, Drake Close, New Milton occupies a 148 m2 plot as recorded by HM Land Registry.
Of the 15 other houses in this postcode, 12 have recorded plot sizes, and this one ranks as the 6th largest.
Energy Efficiency
29, Drake Close, New Milton has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 15 Jan 2016.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
29, Drake Close, New Milton last changed hands on 23rd April 2010, selling for £165,000. The transaction was logged as a freehold house by HM Land Registry.
In total it has sold twice since 1995.
The market for similar properties has risen by 65.4% since April 2010.
- Sold Apr 2010£165,000
- Sold Jul 1997£59,950
Similar Properties Sold Nearby
Land Registry records and our Estate Agent network show 3 sales of comparable properties within 520 metres of 29, Drake Close, New Milton across the last 2 years.
Most recently, 41, Drake Close, New Milton, BH25 5JG, a freehold house, sold at £270,000 on the 2nd August 2024.
Read more about house prices in BH25.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Our analysis of the public data ranks 29, Drake Close, New Milton as the 6th largest and the 6th most expensive of the 49 addresses on Drake Close, New Milton, BH25.
Against the BH25 postcode district average, it is £124k less expensive than the typical property.
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Schools Nearby
- 900mNew Milton Junior School
- 1.0kmNew Milton Infant School
- 1.6kmAshley Junior School
- 600mThe Arnewood School
- 4.2kmHighcliffe School
- 6.7kmThe Grange School
More reading links
Public Transport Nearby
New Milton station is the nearest stop to 29, Drake Close, New Milton at 400 metres away.
- 400mNew Milton
- 3.5kmHinton Admiral
- 4.9kmSway
Available Internet Speeds
Ofcom's latest figures show superfast broadband available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
Environment Agency data suggests this area has a very low risk of flooding.
