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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
42, The Old Sorting Office 5, Bournemouth is recorded publicly as a modern leasehold apartment across 409 ft2 of internal area.
Locally, apartments of this size normally have 1 bedroom.
Our estimate of the sale value of 42, The Old Sorting Office 5, Bournemouth is £148,061 and its rental estimate is £782 per month, given the available information and assuming reasonable condition.
The Old Sorting Office, Albert Road is a residential building on Albert Road, Bournemouth, BH1 and falls within the BH1 postal district.
42, The Old Sorting Office 5, Bournemouth has a single entry in the Land Registry from March 2018 and a single entry in the EPC database dated June 2017.
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.
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 42, The Old Sorting Office 5, Bournemouth, we estimate a market value of £155,464 and a rental value of £821 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £137,696 and £727 per month respectively.
Over the last year, 42, The Old Sorting Office 5, Bournemouth has seen its estimated sale value decline by £6,757 (4.6%) and its estimated rental value climb by £20 per month (2.6%). This results in an estimated gross rental yield of 6.3%.
42, The Old Sorting Office 5, Bournemouth has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 06 Jun 2017.
The property is not connected to mains gas and has high performance glazing. It is heated using Room heaters, electric.
The most recent sale of 42, The Old Sorting Office 5, Bournemouth completed on 22nd March 2018 at £171,000 and was recorded by HM Land Registry as a leasehold flat.
Since 1995 this is the property's only sale.
Values of comparable properties have dropped by 14.5% over the period since March 2018.
Over the past 2 years 3 properties similar to 42, The Old Sorting Office 5, Bournemouth have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 6th December 2023, was 33, The Old Sorting Office 5, Albert Road, Bournemouth, BH1 1AX, a leasehold flat which sold for £157,500.
Read more about house prices in BH1.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Of the 105 addresses on Albert Road, Bournemouth, BH1, 42, The Old Sorting Office 5, Bournemouth comes out as the 40th largest and the 28th most expensive in our analysis of the public data.
It is also £61k less expensive than the average property across the BH1 district.
From 42, The Old Sorting Office 5, Bournemouth, the nearest station is Bournemouth, 1.2 kilometres away.
Broadband here reaches ultrafast speeds, based on recent Ofcom data.
According to recent data from Ofcom, Ultrafast broadband is available in the area.
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 42, The Old Sorting Office 5, Bournemouth, % of property is and % is .
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 42, The Old Sorting Office 5, Bournemouth, 0.0% of residents are recorded as possessing school level qualifications and 0.0% as possessing degree level qualifications.
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 42, The Old Sorting Office 5, Bournemouth, 0.0% 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 42, The Old Sorting Office 5, Bournemouth, there are an average of 0.0 cars per household.
See below for how this compares to South West and the rest of England & Wales.
