4, Renaissance Mews
4, Renaissance Mews
Description & Estimates
4, Renaissance Mews, Lymington is recorded publicly as a modern freehold house across 1,711 ft2 of internal area, sitting on a 386 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 4, Renaissance Mews, Lymington is £994,641 and its rental estimate is £2,298 per month, given the available information and assuming reasonable condition.
Renaissance Mews, Lymington, SO41 falls within the SO41 postal district, in the borough of New Forest.
Our Data Sources
4, Renaissance Mews, Lymington has a single entry in the Land Registry from May 2018 and a single entry in the EPC database dated July 2017.
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.
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 4, Renaissance Mews, Lymington, we estimate a market value of £1,044,373 and a rental value of £2,413 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £925,016 and £2,137 per month respectively.
Recent Market Change
Over the last year, 4, Renaissance Mews, Lymington has seen its estimated sale value decline by £43,574 (4.4%) and its estimated rental value climb by £77 per month (3.4%). This results in an estimated gross rental yield of 2.8%.
Plot Size
HM Land Registry records the plot of land for 4, Renaissance Mews, Lymington as measuring 386 m2.
That makes it the largest plot in the postcode, where 5 of the 6 other houses have recorded plot data.
Energy Efficiency
4, Renaissance Mews, Lymington has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 31 Jul 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and underfloor heating, mains gas.
Sold Prices
The most recent sale of 4, Renaissance Mews, Lymington completed on 25th May 2018 at £920,000 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 dropped by 7.7% over the period since May 2018.
- Sold May 2018£920,000
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 4, Renaissance Mews, Lymington have sold within a radius of 630 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 26th November 2019, was 107, Queen Katherine Road, Lymington, SO41 3RZ, a freehold house which sold for £875,000.
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 6 addresses on Renaissance Mews, Lymington, SO41, 4, Renaissance Mews, Lymington comes out as the 4th largest and the 5th most expensive in our analysis of the public data.
It is also £435k more expensive than the average property across the SO41 district.
More reading links
Schools Nearby
- 900mLymington Church of England Infant School
- 1.0kmLymington Junior School
- 1.5kmPennington Church of England Primary School
- 1.3kmPriestlands School
- 8.9kmThe Arnewood School
- 13.1kmHighcliffe School
More reading links
Public Transport Nearby
From 4, Renaissance Mews, Lymington, the nearest station is Lymington Town, 500 metres away.
- 500mLymington Town
- 600mLymington Pier
- 6.0kmSway
Available Internet Speeds
Broadband here reaches superfast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Superfast broadband is available in the area.
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
