5, Park Lane
5, Park Lane
Description & Estimates
5, Park Lane, Weymouth is recorded publicly as a modern freehold house across 1,354 ft2 of internal area, sitting on a 462 m2 plot.
Locally, houses of this size normally have 4 bedrooms with a garden.
Our estimate of the sale value of 5, Park Lane, Weymouth is £402,375 and its rental estimate is £1,398 per month, given the available information and assuming reasonable condition.
Park Lane, Weymouth, DT4 falls within the DT4 postal district.
Our Data Sources
5, Park Lane, Weymouth has 21 entries in the Land Registry , most recently in August 2020 and a single entry in the EPC database dated August 2010.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 1 out of 5 and is considered of low 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 5, Park Lane, Weymouth, we estimate a market value of £422,494 and a rental value of £1,468 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £374,209 and £1,300 per month respectively.
Recent Market Change
Over the last year, 5, Park Lane, Weymouth has seen its estimated sale value drop by £8,496 (2.1%) and its estimated rental value rise by £33 per month (2.4%). This results in an estimated gross rental yield of 4.2%.
Plot Size
HM Land Registry records the plot of land for 5, Park Lane, Weymouth as measuring 462 m2.
That makes it the 2nd largest plot in the postcode, where 5 of the 6 other houses have recorded plot data.
Energy Efficiency
5, Park Lane, Weymouth has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 17 Aug 2010.
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 5, Park Lane, Weymouth completed on 12th August 2020 at £338,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold twice.
Values of comparable properties have risen by 1.7% over the period since August 2020.
- Sold Aug 2020£338,000
- Sold Oct 1997£144,740
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 5, Park Lane, Weymouth have sold within a radius of 400 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 1st September 2022, was 2, Westbourne Road, Weymouth, DT4 7QJ, a freehold house which sold for £405,000.
Read more about house prices in DT4.
- Sold Sep 2022£405,000 | 4 Bed HouseWestbourne Road2, Westbourne Road, Weymouth, DT4 7QJ
- Sold Jan 2022£390,000 | 4 Bed HouseKildare Court 47, Dorchester RoadThe Coach House, Kildare Court 47, Dorchester Road, Weymouth, DT4 7JT
- Sold Aug 2019£335,000 | 4 Bed HouseWestbourne Road3, Westbourne Road, Weymouth, DT4 7QJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 22 addresses on Park Lane, Weymouth, DT4, 5, Park Lane, Weymouth comes out as the largest and the most expensive in our analysis of the public data.
It is also £132k more expensive than the average property across the DT4 district.
More reading links
Schools Nearby
- 600mSt John's Church of England Primary School
- 1.3kmBeechcroft St Paul's CofE Primary School
- 1.7kmSouthill Primary School
- 2.6kmWey Valley Academy
- 2.9kmBudmouth Academy Weymouth
- 3.1kmAll Saints' Church of England Academy
More reading links
Public Transport Nearby
From 5, Park Lane, Weymouth, the nearest station is Weymouth, 600 metres away.
- 600mWeymouth
- 3.1kmUpwey
- 9.8kmDorchester South
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.
