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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
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According to the public record, 7, Southern Road, Lymington is a period freehold house with 990 ft2 of internal area and sits on a 205 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 7, Southern Road, Lymington is £513,712 and the estimated rental value is £1,793 per month.
Southern Road, Lymington, SO41 is located in the borough of New Forest within the SO41 postal district.
7, Southern Road, Lymington has 41 entries in the Land Registry , most recently in September 2021 and a single entry in the EPC database dated May 2021.
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.
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, Southern Road, Lymington is in very good condition we estimate a sale value of £539,397 and a rental value of £1,882 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £477,752 and a rental value of £1,667 per month.
Over the last 12 months the sale value of 7 Southern Road Lymington has decreased by an estimated £14,302 (2.8%) and its rental value has increased by an estimated £74 per month (4.1%), giving an expected gross yield of 4.2%.
According to data from HM Land Registry, 7, Southern Road, Lymington sits on a plot of 205m2.
We have plot size data on 11 out of 13 other houses in the postcode and 7, Southern Road, Lymington sits on the 11th largest plot.
7, Southern Road, Lymington has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 28 May 2021.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
According to HM Land Registry, 7, Southern Road, Lymington was last sold on 28th September 2021 for £555,000 and was recorded as a freehold house.
The property has had 4 sales since 1995.
Since September 2021, the market for similar properties has dropped 1.4%
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 7, Southern Road, Lymington within a radius of 550 metres over the last 2 years.
The most recent example is 48, Western Road, Lymington, SO41 9HL, a freehold house which sold for £475,000 on the 23rd April 2021.
Read more about house prices in SO41.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
Southern Road, Lymington, SO41 has a total of 37 addresses. According to our analysis of all the public data, 7, Southern Road, Lymington is the 24th largest and the 19th most expensive property on the street.
When compared to the postcode district it is £46k less expensive than the average property in SO41.
The closest station to 7, Southern Road, Lymington is Lymington Town station which is 1.2 kilometres away.
According to recent data from Ofcom, superfast broadband is available in this area.
According to recent data from Ofcom, Superfast broadband is available in the area.
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
The recent census recorded whether a resident owned or rented their home.
In the area around 7, Southern Road, Lymington, 47.3% of property is privately owned outright and 31.0% is privately owned with a mortgage.
The graph below shows how this compares to South East 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 7, Southern Road, Lymington, 16.0% of residents are recorded as possessing school level qualifications and 42.7% as possessing degree level qualifications.
The graph below shows how this compares to South East and the rest of England & Wales.
The most recent census in 2021 recorded the age of all UK residents.
In the area around 7, Southern Road, Lymington, the average age was 50.3 and the most common age was 72.
The graph below shows how this compares to South East 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 7, Southern Road, Lymington, 1.5% of property was a second home.
Comparison figures for South East 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 7, Southern Road, Lymington, there are an average of 1.5 cars per household.
See below for how this compares to South East and the rest of England & Wales.
