7 Knights Lodge, Lymington
7 Knights Lodge, Lymington
Description & Estimates
According to the public record, 7 Knights Lodge, Lymington is a modern leasehold apartment with 505 ft2 of internal area.
Apartments of this size in this area normally have 2 bedrooms.
Based on available information, and assuming reasonable condition, the estimated sale value for 7 Knights Lodge, Lymington is £300,490 and the estimated rental value is £1,123 per month.
The apartment is within Knights Lodge, North Close, Lymington, SO41.
North Close, Lymington, SO41 is located in the borough of New Forest within the SO41 postal district.
Our Data Sources
7 Knights Lodge, Lymington has a single entry in the Land Registry from June 2018 and a single entry in the EPC database dated June 2018.
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
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 7 Knights Lodge, Lymington is in very good condition we estimate a sale value of £315,515 and a rental value of £1,179 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £279,456 and a rental value of £1,045 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 7 Knights Lodge, Lymington has decreased by £14,983 (5.0%), while its estimated rental value has grown by £24 per month (2.2%). Based on current estimates, the property offers a gross rental yield of 4.5%.
Energy Efficiency
7 Knights Lodge, Lymington has an Energy Performance Rating (EPC) of C. This is based on the most recent assessment, dated 13 Jun 2018.
The property is not connected to mains gas and has high performance glazing. It is heated using Community scheme.
Sold Prices
According to HM Land Registry, 7 Knights Lodge, Lymington was last sold on 29th June 2018 for £292,950 and was recorded as a leasehold flat.
The property has only had this single sale since 1995.
Since June 2018, the market for similar properties has dropped by 14.7%.
- Sold Jun 2018£292,950
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7 Knights Lodge, Lymington within a radius of 630 metres over the last 2 years.
The most recent example is 23 Knights Lodge, North Close, Lymington, SO41 9PB, a leasehold flat which sold for £285,000 on the 12th November 2024.
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
North Close, Lymington, SO41 has a total of 86 addresses. According to our analysis of all the public data, 7 Knights Lodge, Lymington is the 76th largest and the 74th most expensive property on the street.
When compared to the postcode district it is £259k less expensive than the average property in SO41.
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Schools Nearby
- 400mLymington Church of England Infant School
- 600mLymington Junior School
- 1.4kmPennington Church of England Primary School
- 1.3kmPriestlands School
- 8.7kmThe Arnewood School
- 12.8kmHighcliffe School
More reading links
Public Transport Nearby
The closest station to 7 Knights Lodge, Lymington is Lymington Town station, which is 300 metres away.
- 300mLymington Town
- 900mLymington Pier
- 5.5kmSway
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
